
NYSE:IONQ
This summary was created by AI, based on 4 opinions in the last 12 months.
IonQ, Inc. (IONQ-N) is gaining significant attention in the quantum computing space, evidenced by a recent 43% increase in stock price since May 21. Analysts are optimistic, indicating a strong strategic position bolstered by this year's acquisitions and recent partnerships, including a Memorandum of Understanding with the U.S. Department of Energy. The company is recognized as the largest player in quantum computing, with a notable 78% increase over the last three months. Experts recommend a cautious approach to investment, advising to buy at just over $55 and again near $45, while considering trimming positions as the stock approaches a price target of $65. The long-term potential in quantum computing is emphasized, with expectations of transformative technological capabilities within the next three years, although analysts advise keeping individual stock positions small due to the industry's nascent stage.
In the space, he owns QUBT plus IONQ, QBTS, and QNC -- about a 4-4.5% position across all those names. Within 3 years, you can be sure that quantum computing is all we're going to be talking about. They're going to be able to do something we couldn't do before -- not that it does things faster, but it has more computational power. The area will change everything.
He'd buy a bit of each of these names.
Nvidia CEO, Jensen Huang, said that quantum computing has a long way to go, which crushed quantum computing stocks today. This sector got overheated. These stocks have even more downside ahead. They're losing tons of money and have zero or very little revenue. Frothy and excessive. It's not too late to sell.
IonQ, Inc. is a American stock, trading under the symbol IONQ (previously IONQ-N on Stockchase) on the New York Stock Exchange (IONQ). It is usually referred to as NYSE:IONQ or IONQ
In the last year, 4 stock analysts published opinions about IONQ (previously IONQ-N on Stockchase). 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for IonQ, Inc..
IonQ, Inc. was recommended as a Top Pick by Jim Cramer - Mad Money on 2024-01-03. Read the latest stock experts ratings for IonQ, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered IonQ, Inc. in the last year. It is a trending stock that is worth watching.
On 2026-06-05, IonQ, Inc. (IONQ) stock closed at a price of $56.78.
His 12-month price target is $65. Strategic case has strengthened with its acquisitions this year. Buy here just over $55, and again ~$45. Trim when it gets to the price target.