Quantum Computing Investment Potential Ahead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 14 2026
0mins
Should l Buy IONQ?
Source: Fool
- Quantum Market Potential: McKinsey & Company estimates that annual spending on quantum computing will reach $72 billion by 2035, highlighting the significant growth potential of this emerging market and attracting investor interest.
- IonQ's Technical Edge: IonQ leads in quantum computing accuracy with a 99.99% 2-qubit gate fidelity score, meaning it makes one error per 10,000 operations; while it needs to improve for commercial viability, its potential market share is substantial.
- D-Wave's Application Focus: D-Wave Quantum is developing quantum annealing devices aimed at solving optimization problems, applicable in logistics, weather modeling, and AI training, making it a worthy investment despite its narrower market scope compared to IonQ.
- High Risk, High Reward: While both IonQ and D-Wave stocks could yield significant returns, investors must recognize the inherent risks, as failure to meet expectations could lead to stock value dropping to zero, making them suitable for aggressive investment portfolios.
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Analyst Views on IONQ
Wall Street analysts forecast IONQ stock price to rise
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 27.510
Low
47.00
Averages
75.91
High
100.00
Current: 27.510
Low
47.00
Averages
75.91
High
100.00
About IONQ
IonQ, Inc. is engaged in the quantum computing and networking industry, delivering high-performance systems capable of solving complex commercial and research use cases. Its generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are cutting-edge systems, boasting 36 algorithmic qubits. It sells specialized quantum computing and networking hardware together with related maintenance and support. It also sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. It makes access to its quantum computers available via three cloud platforms, Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. Its product portfolio also includes quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Significant Revenue Growth: IonQ recognized $62 million in revenue in Q4, representing a staggering 429% year-over-year increase, indicating a rapidly rising demand for quantum computing technology, although overall revenues remain small and overshadowed by substantial losses.
- Huge Market Potential: Analyst John McPeake has set a price target of $100 for IonQ, suggesting the stock could triple in the next year, reflecting optimistic market expectations for its technology, despite the uncertainty of long-term success.
- Stock Price Volatility Risk: IonQ's stock has fallen approximately 66% from its high of over $84 in October, currently trading around $32.50, indicating market divergence on its long-term value, with the lowest one-year price target at $35 suggesting potential undervaluation.
- Investment Strategy Recommendation: Given IonQ's high-risk profile, investors are advised to hold a modest position and gradually increase their investment, especially as signs of the company's success become clearer, balancing potential market opportunities with inherent risks.
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- Significant Market Potential: IonQ leads in quantum computing accuracy, with analyst John McPeake setting a $100 price target, indicating a potential tripling of stock price within a year, reflecting high market expectations for its technology.
- Remarkable Revenue Growth: IonQ recognized $62 million in revenue in Q4, a 429% year-over-year increase, indicating rapidly rising demand for its quantum computing technology, with projected revenues of $130 million in 2025 and $235 million in 2026.
- Undervalued Stock Price: Despite IonQ's current stock price of approximately $32.50, the average analyst price target is $65, suggesting the stock may be undervalued, especially considering its lowest one-year price point of $35.
- Investment Strategy Recommendation: Given IonQ's high-risk nature, investors are advised to buy a small amount now and gradually increase their positions as the company's path to success becomes clearer, balancing risk with potential returns.
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- Market Indicator Surge: The NASDAQ 100 Pre-Market Indicator rises by 190.77 points to 23,323.54, indicating a positive shift in market sentiment that may attract more investors to tech stocks.
- Active Stock Performance: NIO Inc. (NIO) increases by 0.1799 to $5.49 with a trading volume of 1,285,942 shares, currently at 83.82% of its target price of $6.55, reflecting market confidence in its future growth.
- Nokia Price Recovery: Nokia Corporation (NOK) rises by 0.11 to $8.09 with 627,214 shares traded, currently exceeding its target price of $7.73 by 104.66%, indicating optimism about its business outlook.
- IonQ Buy Recommendation: IonQ, Inc. (IONQ) climbs by 0.52 to $28.03 with a trading volume of 526,164 shares, as Zacks reports its average recommendation is in the 'buy range', showcasing investor recognition of its technology.
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- Quantum IPO Wave: Despite market turbulence, quantum companies like Xanadu Quantum and Horizon Quantum have successfully gone public, with Xanadu rallying 15% on its Nasdaq and Toronto debut, reflecting investor confidence in the commercialization of quantum technology.
- Shift in Funding Trends: Investors are transitioning from foundational research to early-revenue opportunities, with practical quantum advantage expected around 2028-2029, prompting companies to accelerate their commercialization efforts.
- Accelerated Technological Breakthroughs: Significant advancements in quantum computing over the past 18 months, including improvements in quantum error correction and increased qubit counts, are laying the groundwork for more complex computations, with large-scale applications anticipated in the 2030s.
- Massive Market Potential: The mature market for quantum technology is estimated to reach $100 billion to $250 billion, attracting investments from tech giants like Alphabet, Microsoft, and Amazon, indicating a broad consensus on the promising commercial prospects of quantum computing.
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- IPO Performance: Xanadu Quantum's shares rose 15% on their debut on Nasdaq and the Toronto Stock Exchange, although they fell over 10% in after-hours trading, indicating a mix of market interest and caution towards quantum computing firms.
- SPAC Merger: Xanadu went public through a merger with the special purpose acquisition company Crane Harbor Acquisition, a method that provides a quicker financing route for quantum startups, reflecting growing market confidence in quantum technology.
- Industry Breakthroughs: Significant advancements in quantum computing over the past 18 months, including improvements in quantum error correction and increased qubit counts, lay the groundwork for commercial applications, with expectations for larger-scale quantum computing capabilities by the mid-2030s.
- Market Potential: The quantum computing market is estimated to be worth between $100 billion and $250 billion, attracting investments from tech giants like Alphabet and Microsoft, indicating a positive long-term outlook from investors in this sector.
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- Optimistic Market Outlook: IonQ leads in quantum computing accuracy, with analyst John McPeake setting a price target of $100, suggesting a potential tripling of stock price within a year, reflecting strong market confidence in its technology.
- Significant Revenue Growth: IonQ reported $62 million in revenue for Q4, a 429% year-over-year increase, indicating rapidly rising demand for quantum computing technology, with projected revenues of $130 million in 2025 and $235 million in 2026.
- Undervalued Stock Potential: Despite IonQ's current stock price of about $32.50, the average analyst price target is $65, indicating potential undervaluation, especially considering the lowest one-year price point of $35.
- Investment Strategy Recommendation: Given IonQ's high-risk profile, investors are advised to buy a small amount now and gradually increase their positions as the company shows clearer signs of success in the quantum computing market.
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