IonQ to buy Oxford Ionics for more than $1 billion
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Stephen Guilfoyle, a veteran Wall Street trader who recognized the quantum computing industry’s growth potential before many other investors, sees strong potential for these sto
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IonQ is already starting to sell some of its quantum computing systems, with five units already being sold. They're launching their new Tempo system in 2025, which they believe will provide commercial value to certain clients. In 2026, they believe they can produce a quantum computer that will provide wide-scale value to many clients.
IonQ Inc. (NYSE: IONQ), a company specializing in quantum computing, has witnessed its stock price rise dramatically by 400% over the past twelve months. This surge demonstrates an increasing interest in quantum computing,
The acquired company is called Oxford Ionics. The core business and the new quantum chip startup together could drive IONQ stock even higher. Quantum computing is now widely accepted on Wall Street to be the best place to bet if you want to chase “the next big thing” after AI.
While IonQ stock may appear cheap at $45, the company is actually being valued in the tens of billions -- despite ongoing cash burn, little revenue, high short interest, and an intensifying competitive landscape. I would not buy IonQ at its current price, and I suspect shares could be looking at a precipitous sell-off sooner than later.
IONQ plans to have a fault-tolerant quantum computer by 2029 and they are acquiring Oxford Ionic for a about $1 billion.
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IONQ Q1 Earnings Call: Acquisitions and Networking Accelerate GrowthQuantum computing company IonQ (NYSE:IONQ) reported Q1 CY2025 results , but sales were flat year on year at $7.57 million. On top of that, next quarter’s revenue guidance ($18 million at the midpoint) was surprisingly good and 8.