IonQ, Inc. (IONQ)
NYSE: IONQ · IEX Real-Time Price · USD
7.49
+0.40 (5.64%)
At close: Apr 22, 2024, 4:00 PM
7.45
-0.04 (-0.53%)
After-hours: Apr 22, 2024, 7:59 PM 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 120.29% from the current stock price of 7.49.
Analyst Consensus: Buy
* Price targets were last updated on Feb 29, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | +53.54% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +140.32% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $16 → $12 | Hold | Maintains | $16 → $12 | +60.21% | Oct 30, 2023 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +140.32% | Sep 20, 2023 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $7 → $16 | Hold | Maintains | $7 → $16 | +113.62% | Aug 14, 2023 |
Financial Forecast
Revenue This Year
39.71M
from 22.04M
Increased by 80.16%
Revenue Next Year
83.47M
from 39.71M
Increased by 110.20%
EPS This Year
-1.08
from -0.78
EPS Next Year
-1.15
from -1.08
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 42.6M | 104.4M | 204.5M | 330.8M |
| Avg | 39.7M | 83.5M | 155.6M | 321.3M |
| Low | 36.3M | 67.1M | 113.3M | 308.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 93.4% | 162.8% | 145.0% | 112.6% |
| Avg | 80.2% | 110.2% | 86.4% | 106.5% |
| Low | 64.5% | 68.9% | 35.8% | 98.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.96 | -0.96 | -0.78 | 0.37 |
| Avg | -1.08 | -1.15 | -1.05 | 0.36 |
| Low | -1.21 | -1.49 | -1.56 | 0.34 |
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.