IonQ [missed eps expectation](https://www.investing.com/news/transcripts/earnings-call-transcript-ionq-q4-2024-misses-eps-forecast-stock-drops-93CH-3894512)s massively. But It seems like there is a massive consolidation happening in the quantum industry. I know these guys are competing against giants like MSFT and Google. But they have 900 patents with the latest acquisition and they seem to have really good tech and I feel they are actually chasing applications actively compared to say Google who are still in research stage. AI error correction could really superspeed adoption of Quantum computing sooner than later. Their balance sheet is strong. Everything else except EPS seems bullish for this stock. Marketcap of 6 billion doesn't seem bad considering the upside. I feel disruptive tech like this is gonna be led by upstarts rather than giants (case in point, openai)
I am thinking of buying the dip. Are you watching this stock? Is this dip a buy? Falling knife? What is your opinion? Am I missing anything else here?