Professional
Added to YB: 2025-01-28
Pitch date: 2025-01-27
IONQ [bullish]
IonQ, Inc.
-26.92%
current return
Author Info
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Company Info
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally.
Market Cap
$10.2B
Pitch Price
$40.01
Price Target
54.00 (+85%)
Dividend
N/A
EV/EBITDA
-15.66
P/E
-15.26
EV/Sales
60.31
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Show full summary:
Needham Raises IonQ (IONQ) Price Target from $18 to $54, Maintains Buy Rating
IONQ: Needham ups PT to $54 from $18. Buy rating. Quantum computing awareness rising due to tech milestones, large contracts, CEO mentions. Pure-play quantum stocks surging. Valuations reflect potential to disrupt $1T computing market in next decade.
Read full article (1 min)