CHONGQING, CHINA – JULY 31: In this photo illustration, a smartphone displays the logo of IonQ Inc. (NYSE: IONQ), a leader in quantum computing technology, in front of a screen showing the company’s latest stock market chart on July 31, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)
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IonQ (NYSE:IONQ) stock reached the eighth day of a consecutive gain streak, accumulating a total increase of 64% during this timeframe. Over the past 8 days, the company has increased its market value by approximately $12 billion, bringing its current market capitalization to around $18 billion. The stock is currently 72.2% higher than its value at the close of 2024. This is in contrast to the year-to-date returns of 13.8% for the S&P 500.
This recent outperformance can be attributed to a mix of factors. Firstly, there is increased investor interest in quantum stocks in general, including IONQ, RGTI, and QBTS. Secondly, IONQ recently announced that it can now mass-produce high-quality synthetic diamond films in partnership with Element Six. It’s a key part of IonQ’s plan to hit its goal of building a 2-million-qubit quantum system by 2030. Related – What’s The Upside Potential For IonQ?
That being said, if you seek an upside with less volatility than holding an individual stock, consider the High Quality Portfolio. It has comfortably outperformed its benchmark—a combination of the S&P 500, Russell, and S&P MidCap indexes—and has achieved returns exceeding 91% since its inception. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
IONQ offers general-purpose quantum computing systems available through major cloud services such as AWS, Microsoft Azure, and Google Cloud Marketplace. Following this rally, is IONQ still a good purchase, or is it time to secure profits? Explore more in Buy or Sell IONQ.
Analyzing IONQ Stock Returns Against The S&P 500
The table below shows the returns for IONQ stock compared to the S&P 500 index over various timeframes, including the ongoing streak:
Analyzing IONQ Stock Returns Against The S&P 500
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What is the takeaway? Momentum can often precede conviction. A multi-day winning streak may indicate increasing investor confidence or trigger additional buying. Monitoring such trends could assist you in capitalizing on strength or positioning for a well-timed entry if momentum wanes. However, significant gains can be followed by sharp pullbacks – but how has IONQ fared after previous declines? Check out IONQ Dip Buyer Analysis for more insights.
Winning and Losing Streaks: S&P 500 Members
Currently, there are 75 S&P constituents that have experienced 3 or more consecutive days of gains and 60 constituents that have registered 3 or more days of consecutive losses.
Winning and Losing Streaks: S&P 500 Members
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Key Financials for IonQ (IONQ)
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While IONQ stock appears appealing due to its winning streak, investing in a single stock without comprehensive analysis can be risky. Consider the Trefis Reinforced Value (RV) Portfolio, which has outperformed its all-cap stocks benchmark (combination of the S&P 500, S&P mid-cap, and Russell 2000 benchmark indices) to produce strong returns for investors. Why is that? The quarterly rebalanced mix of large-, mid-, and small-cap RV Portfolio stocks provided a responsive way to make the most of upbeat market conditions while limiting losses when markets head south, as detailed in RV Portfolio performance metrics.
