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NYSE:IONQ
This summary was created by AI, based on 4 opinions in the last 12 months.
IonQ, Inc. (IONQ-N) is currently being positioned as a top pick among quantum computing stocks, with a strong performance highlighted by a recent 43% increase. Analysts emphasize the significance of its strategic acquisitions this year, which have strengthened the company's case for investment. With expectations that quantum computing will become a focal point in the technology landscape within the next three years, IonQ's growth potential is deemed substantial, despite the challenges of pricing and volatility due to its smaller market position. The optimism stems from recent developments, including an MOU with the US Dept. of Energy, which has contributed to a remarkable 78% increase over the last three months. However, analysts caution about the long timeline for commercial viability and scalability, suggesting a cautious investment approach.
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 issued a Buy, Sell, or Hold rating on IONQ (previously IONQ-N on Stockchase). 4 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating 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 IonQ, Inc..
IonQ, Inc. is followed by 50 investors on Stockchase and is a trending stock that is worth watching.
On 2026-06-12, IonQ, Inc. (IONQ) stock closed at a price of $57.85.
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.