IonQ, Inc. (NYSE:IONQ) Maintains Neutral Rating Amidst Quantum Computing Growth
- Goldman Sachs maintains a Neutral rating for IonQ, Inc. (NYSE:IONQ), with the stock price at $38.86.
- IonQ's shares have seen a 270% increase over the past year, despite a recent dip of 2.53%.
- The company's average brokerage recommendation (ABR) stands at 2.00, indicating a Buy rating from Wall Street analysts.
IonQ, Inc. (NYSE:IONQ) is a prominent player in the quantum computing industry, known for its innovative approach to solving complex computational problems. The company focuses on developing quantum computers that operate at room temperature, a significant advantage over traditional quantum systems that require extremely cold environments. This unique technology positions IonQ as a leader in the rapidly growing quantum computing market.
On January 28, 2025, Goldman Sachs maintained its Neutral rating for IonQ, recommending investors to hold the stock. At the time, IonQ's stock price was $38.86. Despite this neutral stance, IonQ has experienced remarkable growth, with its shares increasing by 270% over the past year. This growth underscores the company's potential in the quantum computing sector, even with a recent dip of 2.53%.
IonQ's market performance is further supported by Wall Street analysts, who have shown optimism towards the company. IonQ's average brokerage recommendation (ABR) is 2.00, indicating a Buy rating. Among the five brokerage firms contributing to this rating, 40% have issued a Strong Buy recommendation, while 20% have given a Buy recommendation. These positive ratings could influence IonQ's stock price, as investors often consider such recommendations in their decision-making process.
In comparison, Alphabet, the parent company of Google, has been investing in quantum computing since 2006. With its substantial financial resources, Alphabet is well-positioned to make significant advancements in this area. The decision between investing in IonQ or Alphabet depends on various factors, including each company's ability to harness subatomic particles for calculations effectively. Both companies offer compelling opportunities for investors interested in the burgeoning quantum computing industry.
Currently, IonQ's stock price on the NYSE is $38.86, reflecting an increase of 0.83% or $0.32. The stock has traded between $35.75 and $40.36 today, with a market capitalization of approximately $8.41 billion. IonQ's trading volume stands at 15.05 million shares, highlighting the active interest in the company's stock. Over the past year, IonQ has reached a high of $54.74 and a low of $6.22, showcasing its volatile yet promising market presence.
| Symbol | Price | %chg |
|---|---|---|
| 7751.T | 4397 | -0.61 |
| 005070.KS | 41800 | 0 |
| 2382.TW | 273.5 | -0.91 |
| AXIO.JK | 129 | -0.78 |
Oppenheimer Initiates Coverage on IonQ with "Outperform" Rating
- Oppenheimer has initiated coverage on IonQ (NYSE:IONQ) with an "Outperform" rating and a bullish outlook on the company's future in the quantum computing sector.
- Despite recent fluctuations, IonQ's stock price shows resilience with a slight increase, indicating investor interest in its pure-play quantum computing approach.
- The upcoming Q2 results announcement could be a pivotal moment for IonQ, potentially influencing its stock price and highlighting its position in the quantum computing industry.
On July 30, 2025, Oppenheimer initiated coverage on IonQ (NYSE:IONQ) with a bullish outlook, assigning it an "Outperform" rating. At the time, the stock price was $40.89, as reported by Benzinga. IonQ is a key player in the quantum computing sector, known for its unique approach and potential for long-term rewards.
Despite a recent 4.23% decline in its stock price, IonQ remains a favored choice among investors interested in pure-play quantum computing stocks. The company's market capitalization is approximately $10.7 billion, which is relatively small compared to some of its largest competitors valued in the trillions. This size difference presents both opportunities and challenges for IonQ.
IonQ's current stock price is $40.90, reflecting a slight increase of approximately 0.90% or $0.365. Today, the stock has traded between $40.73 and $41.85. Over the past year, IONQ has seen a high of $54.74 and a low of $6.22, indicating significant volatility in its stock price.
A key event on the horizon is IonQ's announcement of its Q2 results on August 6, which could potentially lead to a surge in its stock price. The company's appeal lies in its pure-play status, making it a more attractive investment option compared to some big tech companies, given the potential returns in the burgeoning quantum computing industry.
Today's trading volume for IONQ is 7.2 million shares on the NYSE, highlighting investor interest. As IonQ continues to develop its quantum computing technology, it remains a compelling option for those looking to invest in the future of computing.
IonQ, Inc. (NYSE:IONQ) Maintains Neutral Rating Amidst Quantum Computing Growth
- Goldman Sachs maintains a Neutral rating for IonQ, Inc. (NYSE:IONQ), with the stock price at $38.86.
- IonQ's shares have seen a 270% increase over the past year, despite a recent dip of 2.53%.
- The company's average brokerage recommendation (ABR) stands at 2.00, indicating a Buy rating from Wall Street analysts.
IonQ, Inc. (NYSE:IONQ) is a prominent player in the quantum computing industry, known for its innovative approach to solving complex computational problems. The company focuses on developing quantum computers that operate at room temperature, a significant advantage over traditional quantum systems that require extremely cold environments. This unique technology positions IonQ as a leader in the rapidly growing quantum computing market.
On January 28, 2025, Goldman Sachs maintained its Neutral rating for IonQ, recommending investors to hold the stock. At the time, IonQ's stock price was $38.86. Despite this neutral stance, IonQ has experienced remarkable growth, with its shares increasing by 270% over the past year. This growth underscores the company's potential in the quantum computing sector, even with a recent dip of 2.53%.
IonQ's market performance is further supported by Wall Street analysts, who have shown optimism towards the company. IonQ's average brokerage recommendation (ABR) is 2.00, indicating a Buy rating. Among the five brokerage firms contributing to this rating, 40% have issued a Strong Buy recommendation, while 20% have given a Buy recommendation. These positive ratings could influence IonQ's stock price, as investors often consider such recommendations in their decision-making process.
In comparison, Alphabet, the parent company of Google, has been investing in quantum computing since 2006. With its substantial financial resources, Alphabet is well-positioned to make significant advancements in this area. The decision between investing in IonQ or Alphabet depends on various factors, including each company's ability to harness subatomic particles for calculations effectively. Both companies offer compelling opportunities for investors interested in the burgeoning quantum computing industry.
Currently, IonQ's stock price on the NYSE is $38.86, reflecting an increase of 0.83% or $0.32. The stock has traded between $35.75 and $40.36 today, with a market capitalization of approximately $8.41 billion. IonQ's trading volume stands at 15.05 million shares, highlighting the active interest in the company's stock. Over the past year, IonQ has reached a high of $54.74 and a low of $6.22, showcasing its volatile yet promising market presence.
