The One Number IonQ Stock Investors Should Watch

One figure stands out at IonQ (IONQ): the backlog of signed orders that the company has yet to deliver. While many investors still view quantum computing as a laboratory experiment, actual customers are signing contracts. Despite this commercial progress, the stock fell 48% over the past year, significantly underperforming the S&P 500, which returned 17.1%. That disconnect highlights the central contradiction facing the company. So, how big is IonQ's order book.