Professional
Added to YB: 2025-01-28
Pitch date: 2025-01-27
IONQ [bullish]
IonQ, Inc.
+22.14%
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
$21.1B
Pitch Price
$40.01
Price Target
54.00 (+10%)
Dividend
N/A
EV/EBITDA
-29.37
P/E
61.46
EV/Sales
102.34
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)