Aeon Q (Aeon q) 2.79%)) It is a popular quantum computing investment. It has shown solid progress in solving basic quantum computing problems and holds many advantageous contracts. However, since December 2024, stocks have been extremely unstable (when) alphabet (NASDAQ: GOOG) (NASDAQ: Google) Quantum Computing Investing Trend (currently at the time of writing it is about 30% off its all-time high.
Recently, just how volatile quantum computing stocks are, the numbers can easily reach the highest ever 50% off, or 10% off within a few days. This is because quantum computing stocks are very heading-driven. There is no market for quantum computing products yet, but it may be within five years.
Where will Ionq be in five years? Its CEO has bold predictions about the company’s future.
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IONQ’s approach to quantum computing appears to be successful
IONQ uses trapped ion technology to enhance quantum computers. These trapped ions form qubits, the basic computing unit of quantum computing. Unlike traditional computing, which uses BIT (0s or 1s only) to send information, qubits can hold values anywhere between 0 and 1.
These errors are fundamental issues in quantum computing and why technology is not widespread today. Everyone involved with Quantum Computing Arms Race is trying to solve this problem, and each company has its own approach.
One way IONQ can reduce errors is to use all connectivity. By connecting each qubit in the system to another qubit, the interaction between qubits reduces errors. IONQ achieved a GATE Fidelity of 99.9%. This measures the accuracy of the calculation. It also generates an easily scalable architecture that can be run at room temperature, making it much easier to deploy than some solutions.
IONQ is still far from winning quantum computing races, but it has a great head start.
But where will IonQ be in five years?
IONQ has bold predictions as to where it will be in five years
IONQ has already begun selling some of its quantum computing systems, with five units already on sale. They launched a new Tempo system in 2025 and believe it will provide commercial value to certain clients. In 2026, they believe they can produce quantum computers that provide a wide range of value to many clients.
Although IONQ is unprofitable, its massive $697 million cash balance (from the end of the first quarter) helps close the gap until it changes profits.
But when is that? CEO Peter Chapman believes it will happen by 2030. It also expects to generate $1 billion in sales by then.
IONQ Revenue (TTM) Data based on data YCHARTS
Most quantum computing companies refer to 2030 as the start date for widespread use of quantum computing, and even wider use is rapidly expanding in the following year. By 2035, IONQ expects a $87 billion quantum computing market. If IONQ’s products account for just 10% of this potential market, it becomes a prominent investment.
However, if IONQ loses AI ARMS races to another competitor, the stock could drop to $0. This is an unfortunate reality when investing in quantum computing startups, and a risk investor must keep in mind.
If everything works in the advantage, IONQ could be a massive winner. Otherwise, the inventory will be of little value. This kind of all or potentially ineffective investments requires IONQ investors to keep their position size relatively small. That way, if your inventory reaches $0, you will not be significantly affected. However, if IONQ wins the race and explodes higher, you can add to your position along the way and own a huge winner.
Suzanne Frey, an executive at Alphabet, is a member of the board of directors of Motley Fool. Kizen Drury has a position in the alphabet. Motley Fool is located in Alphabet and recommended. Motley Fools have a disclosure policy.