Quantum computing has advantages over traditional, but still in early innings: BMO (IONQ:NYSE) - Seeking Alpha

BMO analysts highlight quantum computing’s superior potential over classical systems in specific applications like optimization and cryptography but emphasize the technology remains in early developmental stages. IonQ (NYSE: IONQ) is cited as a key player, though analysts note its hardware still faces scalability and error-correction challenges before achieving broad commercial viability. The report underscores quantum’s long-term promise for industries like finance and logistics but warns near-term revenue growth will likely be limited by technical hurdles. BMO’s assessment aligns with broader market sentiment: quantum computing is a transformative but high-risk sector requiring sustained R&D investment before delivering mainstream adoption. Investors are advised to monitor progress in qubit stability and algorithm development, as these milestones will dictate the timeline for practical quantum advantage.