IonQ (IONQ) Stock Forecast, Price Target & Predictions


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IONQ Stock Forecast


IonQ stock forecast is as follows: an average price target of $16.00 (represents a -42.63% downside from IONQ’s last price of $27.89) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

IONQ Price Target


The average price target for IonQ (IONQ) is $16.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $8.00. This represents a potential -42.63% downside from IONQ's last price of $27.89.

IONQ Analyst Ratings


Buy

According to 8 Wall Street analysts, IonQ's rating consensus is 'Buy'. The analyst rating breakdown for IONQ stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 3 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

IonQ Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 07, 2024David WilliamsWilliams Trading$22.00$15.0646.03%-21.12%
Nov 07, 2024Quinn BoltonNeedham$18.00$15.0619.48%-35.46%
Aug 08, 2024Quinn BoltonNeedham$13.00$7.0384.94%-53.39%
Jun 26, 2023Quinn BoltonNeedham$11.00$10.435.52%-60.56%
Mar 31, 2023Quinn BoltonNeedham$9.00$6.5437.61%-67.73%
Jul 27, 2022Toshiya HariGoldman Sachs$8.00$4.9561.62%-71.32%
May 18, 2022David WilliamsWilliams Trading$15.00$5.71162.70%-46.22%
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The latest IonQ stock forecast, released on Nov 07, 2024 by David Williams from Williams Trading, set a price target of $22.00, which represents a 46.03% increase from the stock price at the time of the forecast ($15.06), and a -21.12% decrease from IONQ last price ($27.89).

IonQ Price Target by Period


1M3M12M
# Anlaysts223
Avg Price Target$20.00$20.00$17.67
Last Closing Price$27.89$27.89$27.89
Upside/Downside-28.29%-28.29%-36.64%

In the current month, the average price target of IonQ stock is $20.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -28.29% decrease as opposed to IonQ's last price of $27.89. This month's average price target is down 0.00% compared to last quarter, and up 13.19% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024Zacks Investment ResearchPerformPerformHold
Oct 02, 2024NeedhamBuyBuyHold
Aug 12, 2024BenchmarkBuyBuyHold
Aug 08, 2024NeedhamBuyBuyHold
May 16, 2024NeedhamBuyBuyHold
Aug 14, 2023Goldman SachsNeutralNeutralHold
Aug 14, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Aug 14, 2023BenchmarkBuyBuyHold
Jul 17, 2023BenchmarkBuyBuyHold
Jun 26, 2023NeedhamBuyBuyHold
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IonQ's last stock rating was published by Zacks Investment Research on Oct 11, 2024. The company gave IONQ a "Perform" rating, the same as its previous rate.

IonQ Financial Forecast


IonQ Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Revenue-------------$6.14M$5.51M$4.29M$3.81M$2.76M$2.61M$1.95M$1.65M$233.00K$93.00K
Avg Forecast$49.25M$40.50M$35.85M$29.95M$27.22M$22.25M$18.63M$16.15M$10.58M$10.56M$8.66M$7.08M$5.76M$5.00M$4.35M$3.79M$3.18M$2.78M$2.39M$1.96M$1.14M$250.00K$800.00K
High Forecast$52.61M$43.26M$38.29M$31.99M$29.07M$23.77M$19.91M$17.25M$11.30M$11.28M$8.66M$7.08M$6.15M$5.00M$4.64M$4.05M$3.40M$2.78M$2.39M$1.96M$1.14M$250.00K$800.00K
Low Forecast$47.15M$38.78M$34.32M$28.67M$26.06M$21.30M$17.84M$15.46M$10.13M$10.11M$8.66M$7.08M$5.52M$5.00M$4.16M$3.63M$3.04M$2.78M$2.39M$1.96M$1.14M$250.00K$800.00K
# Analysts11111112211131111111111
Surprise %-------------1.23%1.27%1.13%1.20%0.99%1.09%1.00%1.44%0.93%0.12%

IonQ's average Quarter revenue forecast for Dec 23 based on 3 analysts is $5.76M, with a low forecast of $5.52M, and a high forecast of $6.15M. IONQ's average Quarter revenue forecast represents a -6.10% decrease compared to the company's last Quarter revenue of $6.14M (Sep 23).

IonQ EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111112211131111111111
EBITDA-------------$-42.10M$-30.76M$-22.62M$-24.05M$-22.23M$-33.54M$-30.47M$-73.08M$-18.44M$-9.48M
Avg Forecast$-29.55M$-24.30M$-21.51M$-17.97M$-16.33M$-13.35M$-11.18M$-9.69M$-6.35M$-6.34M$-5.19M$-4.25M$-3.46M$-3.00M$-2.61M$-2.28M$-1.91M$-556.65K$-478.60K$-2.59M$-228.25K$-9.46M$-160.00K
High Forecast$-28.29M$-23.27M$-20.59M$-17.20M$-15.64M$-12.78M$-10.70M$-9.28M$-6.08M$-6.07M$-5.19M$-4.25M$-3.31M$-3.00M$-2.50M$-2.18M$-1.83M$-556.65K$-478.60K$-2.07M$-228.25K$-7.56M$-160.00K
Low Forecast$-31.56M$-25.96M$-22.98M$-19.20M$-17.44M$-14.26M$-11.94M$-10.35M$-6.78M$-6.77M$-5.19M$-4.25M$-3.69M$-3.00M$-2.79M$-2.43M$-2.04M$-556.65K$-478.60K$-3.11M$-228.25K$-11.35M$-160.00K
Surprise %-------------14.04%11.79%9.94%12.60%39.93%70.08%11.76%320.17%1.95%59.28%

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IonQ Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111112211131111111111
Net Income-------------$-44.81M$-43.72M$-26.65M$-12.86M$-23.05M$15.62M$9.83M$-74.08M$-14.78M$-9.99M
Avg Forecast$-40.72M$-45.00M$-49.29M$-51.43M$-46.10M$-50.22M$-50.16M$-48.88M$-49.68M$-46.41M$-47.15M$-53.58M$-42.33M$-38.04M$-28.29M$-24.00M$-26.57M$-21.69M$-20.74M$-3.70M$-18.52M$-10.56M$-6.35M
High Forecast$-38.46M$-42.51M$-46.56M$-48.59M$-43.54M$-47.44M$-47.38M$-46.17M$-46.93M$-43.84M$-44.54M$-50.61M$-39.98M$-35.93M$-26.72M$-22.67M$-25.10M$-21.69M$-20.74M$-2.96M$-18.52M$-8.45M$-6.35M
Low Forecast$-44.33M$-48.99M$-53.66M$-55.99M$-50.18M$-54.67M$-54.61M$-53.21M$-54.08M$-50.52M$-51.33M$-58.33M$-46.08M$-41.41M$-30.80M$-26.13M$-28.93M$-21.69M$-20.74M$-4.44M$-18.52M$-12.67M$-6.35M
Surprise %-------------1.18%1.55%1.11%0.48%1.06%-0.75%-2.66%4.00%1.40%1.57%

IonQ's average Quarter net income forecast for Sep 22 is $-21.69M, with a range of $-21.69M to $-21.69M. IONQ's average Quarter net income forecast represents a -238.88% decrease compared to the company's last Quarter net income of $15.62M (Jun 22).

IonQ SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111112211131111111111
SG&A-------------$18.97M$14.51M$13.25M$11.48M$12.12M$9.69M$11.06M$6.26M$3.75M$3.77M
Avg Forecast$268.31M$220.64M$195.31M$163.16M$148.28M$121.21M$101.52M$87.97M$57.63M$57.53M$47.16M$38.54M$31.39M$27.23M$23.69M$20.67M$17.33M$15.16M$13.04M$10.65M$6.22M$1.36M$4.36M
High Forecast$286.60M$235.68M$208.62M$174.29M$158.39M$129.47M$108.44M$93.97M$61.56M$61.46M$47.17M$38.55M$33.53M$27.23M$25.30M$22.08M$18.51M$15.16M$13.04M$10.65M$6.22M$1.36M$4.36M
Low Forecast$256.88M$211.24M$186.99M$156.22M$141.97M$116.04M$97.20M$84.22M$55.18M$55.08M$47.16M$38.54M$30.05M$27.23M$22.68M$19.79M$16.59M$15.16M$13.04M$10.65M$6.22M$1.36M$4.36M
Surprise %-------------0.70%0.61%0.64%0.66%0.80%0.74%1.04%1.01%2.75%0.87%

IonQ's average Quarter SG&A projection for Dec 23 is $31.39M, based on 3 Wall Street analysts, with a range of $30.05M to $33.53M. The forecast indicates a 65.44% rise compared to IONQ last annual SG&A of $18.97M (Sep 23).

IonQ EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
# Analysts11111112211131111111111
EPS-------------$-0.22$-0.22$-0.13$-0.06$-0.12$0.08$0.05$-0.39$-0.08$-0.05
Avg Forecast$-0.19$-0.21$-0.23$-0.24$-0.22$-0.23$-0.23$-0.23$-0.23$-0.22$-0.22$-0.25$-0.20$-0.18$-0.13$-0.11$-0.12$-0.10$-0.10$-0.06$-0.09$-0.07$-0.03
High Forecast$-0.18$-0.20$-0.22$-0.23$-0.20$-0.22$-0.22$-0.22$-0.22$-0.20$-0.21$-0.24$-0.19$-0.17$-0.12$-0.11$-0.12$-0.10$-0.10$-0.06$-0.09$-0.07$-0.03
Low Forecast$-0.21$-0.23$-0.25$-0.26$-0.23$-0.26$-0.25$-0.25$-0.25$-0.24$-0.24$-0.27$-0.22$-0.19$-0.14$-0.12$-0.13$-0.10$-0.10$-0.06$-0.09$-0.07$-0.03
Surprise %-------------1.24%1.67%1.16%0.52%1.17%-0.81%-0.79%4.46%1.10%1.73%

According to 1 Wall Street analysts, IonQ's projected average Quarter EPS for Sep 22 is $-0.10, with a low estimate of $-0.10 and a high estimate of $-0.10. This represents a -229.42% decrease compared to IONQ previous annual EPS of $0.08 (Jun 22).

IonQ Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SMCISuper Micro Computer$28.27$529.361772.52%Buy
RGTIRigetti Computing$1.31$3.00129.01%Buy
QBTSD-Wave Quantum$1.49$2.7584.56%Buy
CRCTCricut$5.24$8.2557.44%Hold
DMDesktop Metal$4.13$5.2527.12%Hold
ANETArista Networks$377.70$235.35-37.69%Buy
IONQIonQ$27.89$16.00-42.63%Buy
QMCOQuantum$2.98$0.75-74.83%Hold

IONQ Forecast FAQ


Is IonQ a good buy?

Yes, according to 8 Wall Street analysts, IonQ (IONQ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of IONQ's total ratings.

What is IONQ's price target?

IonQ (IONQ) average price target is $16 with a range of $8 to $22, implying a -42.63% from its last price of $27.89. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will IonQ stock go up soon?

According to Wall Street analysts' prediction for IONQ stock, the company can go down by -42.63% (from the last price of $27.89 to the average price target of $16), down by -21.12% based on the highest stock price target, and down by -71.32% based on the lowest stock price target.

Can IonQ stock reach $40?

IONQ's average twelve months analyst stock price target of $16 does not support the claim that IonQ can reach $40 in the near future.

What is IonQ's current price target trend?

2 Wall Street analysts forecast a $20 price target for IonQ (IONQ) this month, down -28.29% from its last price of $27.89. Compared to the last 3 and 12 months, the average price target decreased by -28.29% and decreased by -36.64%, respectively.

What are IonQ's analysts' financial forecasts?

IonQ's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $84.25M (high $89.99M, low $80.66M), average EBITDA is $-50.55M (high $-48.397M, low $-53.996M), average net income is $-195M (high $-185M, low $-213M), average SG&A $458.98M (high $490.27M, low $439.43M), and average EPS is $-0.912 (high $-0.861, low $-0.992). IONQ's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $155.55M (high $166.16M, low $148.93M), average EBITDA is $-93.33M (high $-89.356M, low $-99.694M), average net income is $-186M (high $-176M, low $-203M), average SG&A $847.41M (high $905.2M, low $811.33M), and average EPS is $-0.87 (high $-0.822, low $-0.947).

Did the IONQ's actual financial results beat the analysts' financial forecasts?

Based on IonQ's last annual report (Dec 2022), the company's revenue was $11.13M, beating the average analysts forecast of $10.31M by 7.95%. Apple's EBITDA was $-110M, beating the average prediction of $-5.534M by 1892.65%. The company's net income was $-11.276M, missing the average estimation of $-72.706M by -84.49%. Apple's SG&A was $44.35M, missing the average forecast of $56.18M by -21.05%. Lastly, the company's EPS was $-0.057, missing the average prediction of $-0.388 by -85.30%. In terms of the last quarterly report (Sep 2023), IonQ's revenue was $6.14M, beating the average analysts' forecast of $5M by 22.76%. The company's EBITDA was $-42.101M, beating the average prediction of $-2.999M by 1303.87%. IonQ's net income was $-44.811M, beating the average estimation of $-38.039M by 17.80%. The company's SG&A was $18.97M, missing the average forecast of $27.23M by -30.32%. Lastly, the company's EPS was $-0.22, beating the average prediction of $-0.177 by 23.94%