IonQ, Inc. (IONQ) Teams Up with J.P. Morgan to Raise Capital Through Share and Warrant Sale

With strong hedge fund backing and a positive analyst outlook, IonQ, Inc. (NYSE:IONQ) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now.

On July 7, 2025, IonQ, Inc. (NYSE:IONQ) entered into an underwriting agreement with JP Morgan. This agreement relates to the sale of over 14 million shares and around 40 million warrants. With this offering, the company aims to strengthen its balance sheet, funding its continued expansion across commercial and government-focused quantum deployments.

Looking ahead from this agreement, IonQ, Inc. (NYSE:IONQ) expects $18 million in revenue (at the midpoint of the guidance), which is 8.1% above expectations. The company attributed this guidance to the strong demand for quantum networking, R&D-driven progress, and acquisitions of Lightsynq and Capela, which are expected to build long-range quantum networks.

IonQ, Inc. (NYSE:IONQ) is a U.S.-based quantum computing hardware and software company, developing quantum hardware, networking systems, and software for enterprise and defense customers.

While we acknowledge the potential of IONQ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IONQ and that has 100x upside potential, check out our report about this cheapest AI stock.

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