IonQ, Inc. (IONQ)
| Market Cap | 6.25B |
| Revenue (ttm) | 37.47M |
| Net Income (ttm) | -171.55M |
| Shares Out | 216.39M |
| EPS (ttm) | -0.82 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 26,731,854 |
| Open | 27.91 |
| Previous Close | 27.89 |
| Day's Range | 27.43 - 30.49 |
| 52-Week Range | 6.22 - 30.49 |
| Beta | 1.89 |
| Analysts | Strong Buy |
| Price Target | 17.50 (-39.36%) |
| Earnings Date | Nov 6, 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for IONQ stock is "Strong Buy." The 12-month stock price forecast is $17.5, which is a decrease of -39.36% from the latest price.
News
IonQ to Advance Hybrid Quantum Computing with New Chemistry Application and NVIDIA CUDA-Q
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing and networking industry, announced today the completion of an industry-first demonstration of an end-to-end app...
IonQ Offers First Look at New Quantum Hybrid Capabilities at SuperCompute24
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced its participation in SuperCompute 24 (SC24), taking place November 1...
IonQ Strengthens Technical Moat with its Latest Series of Issued Patents
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing and networking industry, announced today the issuance of five new U.S. patents designed to deliver benefits acr...
IonQ: Quantum Networking Milestones Spark A Bull Run
IonQ is targeting leadership in quantum networking, with two big milestones achieved this year. The company is just two milestones away from developing scalable photonic interconnects. Acquiring Qubit...
IonQ's Quantum Rise In A Market Full Of Skeptics
IonQ, Inc. has shown remarkable stock performance despite being labeled "risky" and "unproven," driven by strong Q3 earnings and strategic partnerships. IonQ's pioneering quantum technology, partnersh...
IonQ stock has soared: could it soar by 62% to retest $36?
IonQ stock price has gone parabolic and is on track to have its best weekly performance on record after publishing strong results and inking a deal with ANSYS. The shares surged to $22.3 on Thursday,...
IonQ to Increase Performance and Scale of Quantum Computers with Photonic Integrated Circuits in Collaboration with imec
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today that it is developing photonic integrated circuits (PICs) and chip-scale ion trap tec...
IonQ Announces Partnership with NKT Photonics for Next-Generation Laser Systems to Power Future Quantum Computers
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today a partnership with NKT Photonics, a subsidiary of Hamamatsu Photonics, to procure nex...
IonQ, Inc. (IONQ) Q3 2024 Earnings Call Transcript
IonQ, Inc. (NYSE:IONQ) Q3 2024 Results Conference Call November 6, 2024 4:30 PM ET Company Participants Jordan Shapiro - Vice President, Financial Planning and Analysis and Head, IR Peter Chapman - P...
Ansys and IonQ Are Bringing the Power of Quantum to the $10 Billion Dollar Computer-Aided Engineering Industry
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, and Ansys (Nasdaq: ANSS), have joined forces to integrate quantum computing into the $10B computer-ai...
IonQ Announces Third Quarter 2024 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, 2024. “We had yet another banne...
IonQ to Acquire Qubitekk, Furthering Leadership in Quantum Networking
COLLEGE PARK, Md. & VISTA, Calif.--(BUSINESS WIRE)--Today, IonQ (NYSE: IONQ) announced that it has reached a definitive agreement to acquire substantially all of the operating assets of Qubitekk, Inc....
IonQ's Dr. Masako Yamada to Join Panel at Quantum + AI Summit in New York City
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today that Dr. Masako Yamada, Director of Applications Development, will speak at Inside Qu...
Is IONQ stock a better pick than Microsoft for exposure to quantum computing?
Quantum computing has been the front and centre of the financial debates this year – especially among investors on the lookout for the next big thing after artificial intelligence.
Trade Tracker: Amy Raskin buys IonQ
Amy Raskin, Chief Investment Officer at Chevy Chase Trust, joins CNBC's Halftime Report to explain why she's buying the quantum computing company.
IonQ to Report Third Quarter 2024 Financial Results on November 6, 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 September 3...
Is IonQ Leading the Quantum Revolution? Major Deals Fuel Growth
IonQ Inc. IONQ is a leading developer in the field of quantum computing, focusing on the commercialization of computers based on trapped ion technology. As artificial intelligence (AI) becomes more ma...
IonQ Demonstrates Remote Ion-Ion Entanglement, a Significant Milestone in Developing Networked Quantum Systems at Scale
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced it has achieved the next milestone on the path towards scaling its quantum systems – demons...
IonQ Improves Its Tech, Pushes Closer To Commercialization
IonQ secured the largest US Quantum contract for 2024 with the Air Force, highlighting significant trust and potential in its technology. It also achieved technological breakthroughs advancing its com...
IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research Lab
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that it has signed a $54.5 million contract with the United States Air Force Research...
IonQ Presents Winning Paper on Quantum Networking at IEEE Quantum Week
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced its participation in the fifth annual IEEE Quantum Week — the IEEE International Conf...
IonQ Achieves Industry Breakthrough – First Trapped Ion Quantum System to Surpass 99.9% Fidelity on Barium
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, recently announced that it has surpassed “three 9's” (99.9%) two-qubit gate fidelity on one of its ne...
UMD Touts Expertise, Announces New Investments and Expanded Partnership in Quantum
The university ' s renewed investment in the National Quantum Laboratory bolsters Maryland ' s leadership in quantum computing COLLEGE PARK, Md. , Sept. 11, 2024 /PRNewswire/ -- The University of Mary...
IonQ and the University of Maryland Sign $9M Partnership To Drive Quantum Innovation
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leader in the quantum computing industry, and the University of Maryland (UMD), an international powerhouse in quantum research and application...
Congressman, IonQ CEO Aim to Grow US Quantum Computing
Maryland Congressman Glenn Ivey and IonQ CEO Peter Chapman join Balance of Power to discuss public-private partnerships and keeping the US ahead in quantum computing.