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Added to YB: 2025-01-28

Pitch date: 2025-01-27

IONQ [bullish]

IonQ, Inc.

+25.84%

current return

Author Info

No bio for this author

Company Info

IonQ, Inc. develops quantum computers and networks in the United States. It sells access to quantum computers of various qubit capacities.

Market Cap

$16.7B

Pitch Price

$40.01

Price Target

54.00 (+7%)

Dividend

N/A

EV/EBITDA

-38.81

P/E

-7.97

EV/Sales

195.81

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)