Is IonQ Stock a Buy, Sell, or Hold for 2025?

While artificial intelligence (AI) may have dominated the market 2024, quantum computing burst onto the scene at the end of the year thanks to Willow, Alphabet’s (GOOGL) new groundbreaking quantum computing chip. As the pinnacle of computational power, quantum technology promises to tackle challenges in drug discovery, financial modeling, and AI that today’s supercomputers can’t touch.

With the global quantum computing market projected to skyrocket from $65 billion in 2030 to an astounding $850 billion by 2040, according to Boston Consulting Group, its transformative potential is impossible to ignore. Amid such massive hype over quantum computing, IonQ (IONQ) has emerged as a winner. Since its public debut through a SPAC merger in October 2021, shares of this quantum computing startup have been a rollercoaster ride, soaring to $31 just a month later, only to plummet to $3 by late 2022.