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Quantum Leap: 3 Computing Stocks on the Brink of a Breakout
InvestorPlace· 2024-05-13 17:28
It would be foolish to turn a blind eye to the best quantum computing stock picks. Last year, we saw how a revolutionary technology like generative AI led the stock market to record gains. Companies involved directly or indirectly with generative AI saw their stock balloon in a relatively short time span. Given the incredible potential of quantum technology, I feel we could be in for something similar. Source: Shutterstock Sealsq (NASDAQ:LAES) is a speculative quantum play that develops and sells quantum-re ...
Wall Street Analysts See a 78.65% Upside in IonQ (IONQ): Can the Stock Really Move This High?
Zacks Investment Research· 2024-05-13 15:01
IonQ, Inc. (IONQ) closed the last trading session at $8.71, gaining 8.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $15.56 indicates a 78.7% upside potential. The mean estimate comprises five short-term price targets with a standard deviation of $4.19. While the lowest estimate of $11.30 indicates a 29.7% increase from the current price level, the most optimistic analyst expec ...
IonQ(IONQ) - 2024 Q1 - Quarterly Report
2024-05-10 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ Commission File No. 001-39694 IONQ, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiza ...
IonQ, Inc. (IONQ) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-08 23:16
IonQ, Inc. (IONQ) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.92%. A quarter ago, it was expected that this company would post a loss of $0.23 per share when it actually produced a loss of $0.20, delivering a surprise of 13.04%.Over the last four quarters, the company has surpassed con ...
IonQ(IONQ) - 2024 Q1 - Earnings Call Transcript
2024-05-08 21:54
IonQ, Inc. (NYSE:IONQ) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Jordan Shapiro - Vice President, Financial Planning and Analysis and Head, IR Peter Chapman - President and CEO Thomas Kramer - Chief Financial Officer Dr. Dean Kassmann - Vice President, Engineering Conference Call Participants Quinn Bolton - Needham & Company Shadi Mitwalli - Craig-Hallum David Williams - Benchmark Kevin Garrigan - WestPark Capital Operator Good afternoon, ladies and gentlemen, and thank yo ...
IonQ(IONQ) - 2024 Q1 - Quarterly Results
2024-05-08 20:06
Exhibit 99.1 IonQ Announces First Quarter 2024 Financial Results First Quarter Results of $7.6 Million in Revenue, Exceeding High End of Guidance Range, Representing 77% Year-Over-Year Growth Sales Pipeline Expanding in Deal Size and Volume with Improving Visibility Bookings Backloaded, Raises Bookings Guidance Range to $75 to $95 Million for 2024 Hired Stacey Giamalis as Chief Legal Of icer, Dr. Martin Roetteler as Head of Quantum Applications COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leade ...
Investors eye these 4 emerging quantum computing stocks for quick profits
Invezz· 2024-05-06 17:56
Investments going into quantum computing have been on a rise recently especially since artificial intelligence remains the front and centre of all financial debates. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.In fact, the United States alone has parked over $3.0 billion in quantum computing so far. Having said that, here are the top three quantum computing stocks for quick profits.  IONQ Inc (NYSE: IONQ)Copy link to sectionIONQ is on our list of ...
IONQ Q1 Earnings Coming Up: Here's What You Should Know
Zacks Investment Research· 2024-05-06 16:26
IonQ Inc. (IONQ) is scheduled to report first-quarter 2024 results on May 8, after the closing bell. In the last reported quarter, the company reported an earnings surprise of 13.04%. The Maryland-based quantum system provider is expected to witness a top-line expansion year over year, driven by growing demand for quantum computing solutions and product innovation.Factors at PlayDuring the quarter, IonQ announced that it has inked a strategic agreement with South Carolina Quantum to accelerate advancement i ...
IonQ, Inc. (IONQ) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-05-02 14:01
IonQ, Inc. (IONQ) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -6.1% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Computer - Integrated Systems industry, to which IonQ belongs, has lost 12.1% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases or rumo ...
IonQ, Inc. (IONQ) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-04-16 23:06
IonQ, Inc. (IONQ) closed the most recent trading day at $7.52, moving -0.13% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.03% for the day. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.Shares of the company witnessed a loss of 21.07% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 0.55% and the S&P 500's loss of 0.9%.Investors will be eagerly watching for the performanc ...