10 AI Bubble Stocks to Short Now According to Reddit

​7. IonQ, Inc. (NYSE:IONQ)

Number of Hedge Fund Holders: 39

IonQ, Inc. (NYSE:IONQ) is one of the AI Bubble Stocks to Short Now According to Reddit. The stock’s short float stands at around 20%; and the company posted its fiscal Q1 2026 earnings on May 6.

​During the quarter, IonQ, Inc. (NYSE:IONQ) delivered its fourth consecutive quarter of record revenue, with revenue reaching $64.7 million, reflecting a 755% year-over-year increase and 30% above the midpoint of its own guidance. Following the release, management raised its full-year revenue outlook to $260 million to $270 million, implying continued organic growth of 100% or better.

​Management highlighted the sale of IonQ’s first 256-qubit, sixth-generation chip-based quantum system. The company also received its first ion trap chip samples back from fabrication, marking a shift from component testing to full system-level integration. Notably, the remaining performance obligation surged 554% year over year to a record $470 million, providing strong visibility into future revenue.

​IonQ Inc. (NYSE:IONQ) is a developer of quantum computing systems. It provides access to quantum computers via its own cloud services, as well as other cloud platforms such as Microsoft’s Azure Quantum and AWS.