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Is IonQ Leading the Quantum Revolution? Major Deals Fuel Growth
MarketBeat· 2024-10-01 12:16
IonQ Today IONQ IonQ $8.74 -0.97 (-9.99%) 52-Week Range $6.22 ▼ $16.60 Price Target $13.00 Add to Watchlist IonQ Inc. NYSE: 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 mainstream, investors are always searching for the next cutting-edge technology. Quantum computing may be that cutting edge. However, it's still in the very early innings. Its applications and superio ...
IonQ Improves Its Tech, Pushes Closer To Commercialization
Seeking Alpha· 2024-09-30 16:59
I wrote in my article last May on how IonQ (NYSE: IONQ ) is steadily pushing toward the commercialization of its Quantum product. In the few months since then, IonQ has made strides in finding more possible Nine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands are forever. Analyst's Disclosure: I ...
IonQ (IONQ) Surges 20.5%: Is This an Indication of Further Gains?
ZACKS· 2024-09-30 12:15
IonQ, Inc. (IONQ) shares soared 20.5% in the last trading session to close at $9.71. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10.1% gain over the past four weeks. The uptrend in share price was primarily attributable to a $54.5 million contract from the United States Air Force Research Lab (AFRL). This is reportedly the largest quantum contract secured by IonQ in 2024 as it remains confident of meeting or exceeding its boo ...
Why IonQ Stock Jumped 21% Today
The Motley Fool· 2024-09-27 14:49
The quantum computing specialist is a growth company with a big new military contract -- but a history of growing losses. On Friday morning, IonQ (IONQ 21.59%) announced that it had landed a new quantum computing contract from the U.S. Air Force Research Lab. In response, the market bid the stock sharply higher. As of 10:42 a.m. ET, it had soared by 21%. The $54.5 million award will see IonQ partner with the Air Force Research Lab "to design, develop, and deliver technology and hardware that enables the sca ...
IonQ (IONQ) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-09-25 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about IonQ, Inc. (IONQ) . IonQ currently has an average brokerage recommendation (ABR) of 2.00, on a ...
IonQ, Inc. (IONQ) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-09-19 22:56
IonQ, Inc. (IONQ) closed the most recent trading day at $7.72, moving -1.4% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.7% for the day. Meanwhile, the Dow experienced a rise of 1.26%, and the technology-dominated Nasdaq saw an increase of 2.51%. Shares of the company witnessed a gain of 0.77% over the previous month, beating the performance of the Computer and Technology sector with its loss of 1.45% and underperforming the S&P 500's gain of 1.27%. Ma ...
3 Hypergrowth Tech Stocks to Buy in 2024 and Beyond
The Motley Fool· 2024-09-11 09:15
Nvidia, Symbotic, and IonQ could all generate big gains for patient investors. Many hypergrowth tech stocks lost their luster over the past two years as rising interest rates squeezed their valuations and drove investors toward more conservative investments. But with interest rates set to decline in the near future, it might be smart to shop around for a few hypergrowth plays before the bulls rush back. If you're looking for a good hypergrowth stock to buy and hold for the next few years, you should focus o ...
Wall Street Analysts See IonQ (IONQ) as a Buy: Should You Invest?
ZACKS· 2024-09-09 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about IonQ, Inc. (IONQ) . IonQ currently has an average brokerage recommendation (ABR) of 2.00, on a ...
Is IonQ Stock a Buy Now?
The Motley Fool· 2024-08-23 21:37
Shares of the quantum computing company are near a 52-week low. Many tech stocks got a boost over the past year thanks to the rise of artificial intelligence. But AI isn't the only technology with transformative potential for society. The nascent field of quantum computing also opens up immense possibilities. Quantum computers use subatomic particles to perform complex calculations at speeds beyond the abilities of conventional computers. That's why quantum computing company IonQ (IONQ 0.96%) saw its stock ...
Better Breakout Growth Stock: AST SpaceMobile vs. IonQ
The Motley Fool· 2024-08-09 11:30
Which of these speculative stocks has a better shot at generating massive gains? AST SpaceMobile (ASTS 13.65%) and IonQ (IONQ 4.56%) are both speculative growth stocks that trade at sky-high valuations. AST, a developer of satellites for cellular communications, trades at 175 times this year's estimated sales. IonQ, a developer of quantum computing systems, trades at 36 times this year's sales. Both companies are expected to remain unprofitable for the foreseeable future. AST SpaceMobile and IonQ both seem ...