IonQ (IONQ 1.60%) stock has been on a roller-coaster ride so far in Thursday trading. After rising by as much as 13% early, the quantum-computing company's share price was down by 1.3% as of 12:30 p.m.
D.A. Davidson & Co. analyst Alexander Platt initiated coverage on IonQ, Inc. IONQ with a Buy rating and price target of $50.
Investors are focused on growth this quantum computing stock is slated to see sales double in 2025.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
IonQ (IONQ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Since ChatGPT took the world by storm in the fall of 2022, artificial intelligence (AI) has increasingly crept into many aspects of society. For instance, U.S. regulations around AI rose 56% in 2023.
Finding a company that can make you a millionaire from a modest investment is rare. However, they are out there and sometimes right under investors' noses.
Quantum computing expert IonQ (IONQ 12.80%) is taking the stock market by storm nowadays. By Dec. 11, the stock has gained 143% year to date, including a 289% jump in just the last three months.
IonQ (IONQ 12.80%) stock posted big gains in Friday's trading. The quantum-computing company's share price closed out the daily session up 12.9%.
Shares of some of the market's hottest stocks took a big step back this week as investors reconsidered whether these stocks have run too far too fast in 2024.
Over the last two years, much of the dialogue surrounding artificial intelligence (AI) has been focused on one core type of computing hardware: graphics processing units (GPUs). The parallel processing capacities of these chips make them particularly well suited to the development and deployment of generative AI.
Investor interest in quantum computing has soared after Google's Willow announcement. Although Google has made stellar progress, I continue to believe in little-known IonQ's long-term potential. Up 170% since my investment, IonQ has had a stellar 2024 so far, with the company continuing to make technological progress ahead of schedule. Although it might take years for a versatile quantum computer to be built, IonQ has recognized the importance of monetizing its technology as is.