IonQ, Inc. (IONQ)

NYSE: IONQ · IEX Real-Time Price · USD
8.11
-0.09 (-1.10%)
Apr 25, 2024, 12:08 PM EDT - Market open
-1.10%
Market Cap 1.69B
Revenue (ttm) 22.04M
Net Income (ttm) -157.77M
Shares Out 208.23M
EPS (ttm) -0.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,726,224
Open 7.89
Previous Close 8.20
Day's Range 7.84 - 8.14
52-Week Range 5.29 - 21.60
Beta 2.13
Analysts Buy
Price Target 16.50 (+103.45%)
Earnings Date May 8, 2024

About IONQ

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 suppor... [Read more]

Sector Technology
Founded 2015
Employees 324
Stock Exchange NYSE
Ticker Symbol IONQ
Full Company Profile

Financial Performance

In 2023, IonQ, Inc.'s revenue was $22.04 million, an increase of 98.02% compared to the previous year's $11.13 million. Losses were -$157.77 million, 225.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for IONQ stock is "Buy." The 12-month stock price forecast is $16.5, which is an increase of 103.45% from the latest price.

Price Target
$16.5
(103.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IonQ to Report First Quarter 2024 Financial Results on May 8, 2024

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the quarter ended March 31, 2...

7 days ago - Business Wire

Oak Ridge National Laboratory Collaborates with IonQ to Drive Critical U.S. Infrastructure Improvements

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today a collaboration with Oak Ridge National Laboratory (ORNL) to explore how quantum tech...

8 days ago - Business Wire

Oak Ridge National Laboratory Invests in IonQ's Quantum Technologies to Drive Critical U.S. Infrastructure Improvements

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today a collaboration with Oak Ridge National Laboratory (ORNL) to explore how quantum tech...

9 days ago - Business Wire

IonQ Welcomes Tech Industry Veteran Stacey Giamalis as New Chief Legal Officer and Corporate Secretary

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the appointment of Stacey Giamalis as its new Chief Legal Officer and Corporate Secre...

20 days ago - Business Wire

Those who missed on AI rally should invest in this: Sylvia Jablonski

First it was EV, now it's AI, and the next buzz word for Wall Street will likely be “Quantum”, says Sylvia Jablonski. She's the chief executive of Defiance ETFs.

27 days ago - Invezz

Renowned Quantum Algorithm Expert Dr. Martin Roetteler to Lead IonQ's Quantum Applications Team

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in quantum computing, today announced the addition of industry expert, Dr. Martin Roetteler, as its new Head of Quantum Applications. Ro...

4 weeks ago - Business Wire

IonQ and South Carolina Quantum Enter Strategic Agreement to Advance a Quantum Ecosystem in South Carolina

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced it has entered a strategic agreement with South Carolina Quantum (SC Quantum) to prov...

5 weeks ago - Business Wire

IonQ and DESY Research Highlights Quantum's Potential Benefits for Airport Flight Gate Optimization

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced early results from its work with Deutsches Elektronen-Synchrotron (DESY) – a German-b...

6 weeks ago - Business Wire

IonQ stock price forecast after strong financial results

IonQ (NYSE: IONQ) stock price has been in a consolidation phase in the past few weeks as traders watched its performance. After soaring to a high of $21.58 in September last year, the stock has crashe...

2 months ago - Invezz

IonQ Appoints Former Director of the National Geospatial-Intelligence Agency Robert Cardillo to Board of Directors

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the appointment of Robert Cardillo – Chairman and Chief Strategist of Planet Federal ...

2 months ago - Business Wire

IonQ Appoints Dell Technologies' Bill Scannell to Board of Directors

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the appointment of Bill Scannell, President of Global Sales and Customer Operations a...

2 months ago - Business Wire

IonQ Announces Fourth Quarter and Full Year 2023 Financial Results

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced financial results for the quarter and full year ended December 31, 2023. “IonQ had a ...

2 months ago - Business Wire

IonQ Achieves Critical First Step Towards Developing Future Quantum Networks

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced it has generated photons entangled with ions repeatedly and reproducibly, creating a ...

2 months ago - Business Wire

IonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S.

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United States' first quantum computing manufacturing facility, loc...

2 months ago - Business Wire

IonQ and South Korea's Sungkyunkwan University Renew International Quantum Alliance

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the renewal of its alliance with South Korea's Sungkyunkwan University (SKKU) to prov...

2 months ago - Business Wire

IonQ and Seoul National University's Center for Quantum Information Science Education (CQISE) Enter Agreement to Support Quantum Workforce Development

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MoU) with Seoul National University's Center for Quantum Inform...

2 months ago - Business Wire

IonQ to Report Fourth Quarter 2023 Financial Results on February 28, 2024

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that the Company will release its financial results for the quarter ended December 31...

2 months ago - Business Wire

As the IonQ stock price crashes, is it safe to buy the dip?

IonQ (NYSE: IONQ) stock price has come under intense pressure in the past four months as investors continue worrying about its growth, competition, and its cash burn. After surging to $21.58 in Septem...

3 months ago - Invezz

IonQ Achieves Technical Milestone One Year Ahead of Schedule

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that it hit its target technical milestone of 35 algorithmic qubits (#AQ) a full year...

3 months ago - Business Wire

IonQ Co-Founder Dr. Jungsang Kim Elected Fellow of the National Academy of Inventors

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced co-founder Dr. Jungsang Kim has been named a 2023 fellow of the National Academy of I...

3 months ago - Business Wire

IonQ Announces Participation in 26th Annual Needham Growth Conference

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ, Inc. (NYSE: IONQ), a leader in the quantum computing industry, today announced that Thomas Kramer, Chief Financial Officer, and Jordan Shapiro, Vice President...

3 months ago - Business Wire

IonQ's Most Powerful Quantum System, IonQ Forte, Now Available through the Amazon Braket Direct Program

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the first public availability of IonQ Forte on Amazon Braket, through the Braket Dire...

5 months ago - Business Wire

IonQ stock price analysis: high-risk, high-reward investment

IonQ (NASDAQ: IONQ) stock price has had a turbulent experience in the past few months. It initially jumped from a low of $3 in January to a high of $21.60 in October as investors cheered its quantum c...

5 months ago - Invezz

IonQ Announces Third Quarter 2023 Financial Results

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced financial results for the quarter ended September 30, 2023. “Our third quarter repres...

6 months ago - Business Wire

IonQ Honored in 2023 Deloitte Technology Fast 500™ List of the Fastest-Growing Companies in North America

COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced it has been recognized as one of the 500 fastest-growing tech companies in North America...

6 months ago - Business Wire