Is Trending Stock IonQ, Inc. (IONQ) a Buy Now?

IonQ (IONQ) has gained 8.5% over the past month, outperforming the S&P 500's 2.4% return. The company shows impressive revenue growth forecasts of +250% for the current fiscal year and +81.8% for next year, with last quarter revenues up 286.9% year-over-year. However, the company remains unprofitable with expected losses of $0.23 per share this quarter and $1.09 for the fiscal year. Zacks assigns a Hold rating (Rank #3) due to unchanged earnings estimates over the past month and an F valuation grade, indicating the stock trades at a premium to peers.