12 Best Quantum Computing Stocks to Invest in Now

6. IonQ, Inc. (NYSE:IONQ)

Number of Hedge Fund Holders: 28

IonQ, Inc. (NYSE:IONQ) is developing advanced quantum computers and networks to address complex global problems and drive innovation across industries. Its proprietary and licensed technologies offer strategic advantages in both R&D and commercialization. The company sells quantum hardware, provides access via major cloud platforms, and offers its services and support to customers with professional services.

IonQ’s Q1 2025 earnings call highlighted its strategic expansion into quantum computing and networking. Niccolo de Masi assumed the CEO role, and Jordan Shapiro was promoted to lead Quantum Networking. IonQ, Inc. (NYSE:IONQ) announced acquisitions of Lightsynq and Capella to enhance quantum interconnects and space-based quantum key distribution, respectively. The company sold a Forte Enterprise system to EPB. IonQ’s revenue growth was flat year-on-year, at $7.6 million and a net loss of $32.3 million. The company reaffirmed its 2025 guidance, emphasizing ongoing R&D and commercialization investments to drive future growth.

IonQ, Inc. (NYSE:IONQ) is making major strides in quantum computing and quantum networking. It has acquired Lightsynq, which brings advanced diamond-based quantum memory—a type of long-lasting data storage that helps send quantum information over distances. This memory works with various quantum hardware types like ion traps and neutral atoms, thanks to the company’s frequency conversion tech (which adjusts photon signals so different systems can connect). It is also using Capella’s technology for secure communication in space, which helps expand both ground and satellite-based quantum networks. IonQ plans to use these parts to build the quantum internet—a future system where quantum computers link together securely over long distances. This is valuable for enterprises, the military, and critical infrastructure, especially as traditional encryption becomes vulnerable to future quantum attacks.