IonQ, Inc. (IONQ) Is A Quantum Computing Stock Jim Cramer Rightly Warned About

We recently published Jim Cramer’s 13 Quantum Computing & Nuclear Stock Predictions – See How They Played Out! IonQ, Inc. (NYSE:IONQ) is one of the stocks Jim Cramer recently discussed.

IonQ, Inc. (NYSE:IONQ) is a quantum computing company that enables businesses to access quantum computing through cloud platforms such as Amazon’s AWS. Since Cramer’s comments, the shares have lost 17%. However, on the day he commented on IonQ, Inc. (NYSE:IONQ), the stock had gained 43% since the 21st. The stock rose as peer D-Wave announced its new quantum computers, which turned out to be a bullish catalyst for the industry. While Cramer has recently started to change his beliefs on quantum, here’s what he said about IonQ, Inc. (NYSE:IONQ) in May 2025:

“Oh my god, it’s so high and it’s losing so much money, but it’s quantum. If I offer you a considered explanation of why I think that stock’s too expensive, most people ignore it, so all I’m going to say is it’s too speculative for me. I don’t know what else to say.”

Compare these remarks with the CNBC TV host’s latest comments about IonQ, Inc. (NYSE:IONQ):

“My first quantum company. I’m going all in on what youth wants. They inherit the earth, I have the heart of darkness. I’m trying to get away from that. When Jensen switched and said he’s in on quantum, who am I to say, that the man who the President thought about breaking up the company but said it was too great, I’m going all in quantum.”

While we acknowledge the risk and potential of IONQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IONQ and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.