IonQ, Inc. (IONQ)
NYSE: IONQ · IEX Real-Time Price · USD
7.43
-0.78 (-9.50%)
At close: Jul 19, 2024, 4:00 PM
7.67
+0.24 (3.16%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
IonQ, Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for IonQ, Inc. stock have an average target of 16.5, with a low estimate of 11.5 and a high estimate of 21. The average target predicts an increase of 122.07% from the current stock price of 7.43.
Analyst Consensus: Buy
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for IonQ, Inc. stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +142.26% | May 16, 2024 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +142.26% | May 9, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +54.78% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +142.26% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $16 → $12 | Hold | Maintains | $16 → $12 | +61.51% | Oct 30, 2023 |
Financial Forecast
Revenue This Year
40.27M
from 22.04M
Increased by 82.67%
Revenue Next Year
84.02M
from 40.27M
Increased by 108.68%
EPS This Year
-0.88
from -0.78
EPS Next Year
-0.95
from -0.88
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 42.6M | 102.4M | 205.8M | 330.8M |
| Avg | 40.3M | 84.0M | 155.8M | 321.3M |
| Low | 38.2M | 66.7M | 113.2M | 308.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 93.2% | 154.3% | 144.9% | 112.3% |
| Avg | 82.7% | 108.7% | 85.4% | 106.3% |
| Low | 73.4% | 65.6% | 34.7% | 98.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.79 | -0.76 | -0.60 | 0.05 |
| Avg | -0.88 | -0.95 | -0.85 | 0.05 |
| Low | -0.98 | -1.23 | -1.29 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | - |
| Avg | - | - | - | - |
| Low | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.