Ionq Stock Is Expensive

last updated on

Ionq Stock Is Expensive

IonQ Stock Gained 1200% In 3 Years

IonQ stock has gained almost 1200% in just a span of 3 years, which is a record in itself. Looking ahead, investors are hopeful that the bullish rally in IonQ stock will also continue in 2026.

However, analysts think that IonQ stock is not a good opportunity in the long term for several reasons. From a high P/S ratio to the fact that quantum computing is still in its early stages, there's a lot of risk.

IonQ Stock Is Very Expensive

IonQ is mainly focused on making quantum computers that can operate at room temperature. If that could be achieved, it would allow even everyday users to use quantum computing.

This idea is the key reason why the IonQ share price reached such record levels. But this has also made the IonQ stock expensive, and we are still far away from making the quantum computers run at room temperature.

The P/S ratio of IonQ is 140, while the tech sector has an average P/S of only 9. This alone tells us that IonQ stock is very expensive when compared with other stocks in the tech sector.

Also, the operating expenses of IonQ continue to rise and reached $208 million in Q3. If we look at the numbers from a year ago, it was only $65 million. The bottom line is that the losses of the IonQ are rising ata very fast pace despite the sales growth.

Last but not least, even Alphabet has made it clear that quantum computers that could be called useful are still 5-10 years away.

So, it is just not possible for the IonQ stock to continue its impressive performance. That's why the share price of IonQ only increased 9% in 2025 while the S&P 500 gained 17%.

With all things considered, it is better to stay away from IonQ stock as it is too expensive. Also, the losses of IonQ stock are very expensive, and quantum computing is still far away from becoming a commercial success.

Trending Stories