IONQ stock is ridiculously overvalued. That may sound like a bunch of "FUD", but we have the numbers to prove it. IONQ calls themselves the "NVIDIA of quantum", yet their valuation on a price to sales basis dwarfs NVIDIA's. While we can't deny this firm is showing some strong revenue growth, we don't believe it deserves a premium valuation above one of the most innovative companies in the world. Additionally, IONQ also holds some big risks for investors, including strong customer concentration and dilution of shareholders. If you're an IONQ shareholder, you're going to want to watch this.

Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/mCcR4c4dA6w.