The stock price of IonQ Inc. (NYSE: IONQ), a quantum computing company, is up a whopping 500% in the last six months.

IonQ ( IONQ 7.89%) has achieved a significant milestone: quantum hardware is now available across all major cloud platforms. This strategic positioning gives developers and enterprises direct access to quantum computing resources through Amazon Web Services, Microsoft Azure, and Alphabet 's Google Cloud.

IonQ is a standout in the quantum stocks market, with strong revenue, tech partnerships, and projected growth leading to a target price of $126. See more here.

Shares of several quantum computing companies, including IonQ, Inc. (NYSE: IONQ), Quantum Computing Inc. (NASDAQ: QUBT) and Rigetti Computing, Inc. (NASDAQ: RGTI), are trading higher Monday as excitement builds around the quantum computing sector.

IonQ is a quintessential high-risk, high-reward stock. There's an outside chance that the company will make a major breakthrough that turns quantum computing into a massive new industry, but the most likely outcome is that the company never will live up to its frothy valuation.

Learn why IonQ, Inc. is a top quantum computing stock for 2025 with strong technology, fundamentals, and financial health. Click for why I think it is a good pick.

Two weeks ago, IonQ shares experienced a healthy correction as shares dropped more than 20% in just one week’s trading. That pullback found support at the stock’s 20-day moving average, referred to as the “Trader’s Trendline”.