IonQ stock has soared on quantum computing hype. Is this quantum computing leader worth its $22 billion price tag today? Let's look at what the numbers really say.

Quantum computing has been a hot topic since the fall of 2024. On the heels of major news in this high-tech industry, headlines and online searches on this topic even eclipsed the massive interest in artificial intelligence (AI). That's quite an accomplishment in this AI-centered economy.

The technology holds a ton of long-term promise. Eventually, quantum computers should be able to crack math problems that today's digital computers can't handle. From encryption and health research to financial analysis and cybersecurity, quantum computing will disrupt many industries forever.

As a result, lots of investors want to get in

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