@democratiCrayn 5 days ago
Looking at quantum computing stocks IONQ and QBTS
Looking at quantum computing stocks IONQ and QBTS
IonQ and D-Wave are two of the main pure-play quantum computing stocks right now. Both are highly speculative and bleeding cash.
IonQ recently partnered with Nvidia to install a system at their research center. Their revenue for the first half of the year was $145M, up from $28M last year. Operating losses hit $1.06B though. The stock is trading at a P/S ratio of 65.
D-Wave already has commercial cloud apps running, but their financials are weak. Revenue dropped to $5.9M in the first half of the year with a $66M operating loss. They are trading at a massive P/S ratio of 475.
Both are risky bets, but IonQ seems like the safer pick between the two because of the Nvidia backing and lower valuation.

www.fool.com
| Better Quantum Computing Stock: IonQ vs. D-Wave | The Motley Fool
[none] 2 days ago
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