Analyst Price Target is $17.50
▼ -34.58% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for IonQ in the last 3 months. The average price target is $17.50, with a high forecast of $22.00 and a low forecast of $8.00. The average price target represents a -34.58% upside from the last price of $26.75.
Current Consensus is
Moderate Buy
The current consensus among 4 contributing investment analysts is to moderate buy stock in IonQ. This rating has held steady since July 2023, when it changed from a Hold consensus rating.
IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland.
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