Despite this, an analyst warns, “the path to profitability remains long. What moves the action is the narrative, not the margins.”
A promising quantum computing company called Ionq He entered the scene after Tirthankar Chakraborty, an analyst at Zacks Research, They warned that there are reasons to think could become the “Quantum nvidia“, even if I still play in a much more league speculative.
In the first quarter, Ionq reported flat income of US $ 7.6 million and a non-gaap loss of US $ 0.14 per share, slightly lower than US $ 0.19 dollars of the previous year.
“The path to profitability remains long. What moves the action is the narrative, not the margins,” Underline Chakraborty, noting that much of the ‘Rally’ stock market greater than 400% in a yearit is based more on expectations than fundamental.
Its executive director, Niccolo de Masi, ensures that there is no doubt that Ionq will be a nvidia type action. “They have always copied and followed us,” he said, surprisingly.
But buying Ionq with Nvidia demands prudence. Is that Jensen Huang firm first triumphed in the sector ‘Gaming’ before reign in artificial intelligence but he also did it with solid margins and a sustained expansion of customers like Alphabet or Tesla.
The details of the company that analysts put the focus
The company achieved what others still pursue: overcome the 100 cubits with the lowest error rate thanks to its Linear ion chain architecture. This innovation not only technologically difference, but also positions it as Supplier for Titans like Microsoft and Amazonwhich explore endless synergies between artificial intelligence and quantum computing.
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“Ionq has grown thanks to a scalable and difficult technology to replicate. This is where your proposal gains muscle”underlines Chakraborty, who gives the action a qualification of “buy”.
Even so, not everything is science and progress. Unlike Nvidia, which was already profitable when it turned to artificial intelligence, Ionq is still far from seeing benefits in your results account.
Among the positive numbers for the company is that. Since 2021, Ionq grew at an average annual rate of 170% in income, and for this year an improvement of 69.9% in its estimated benefits is expected.
Source: Ambito
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