IonQIONQ
About: IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Employees: 407
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
424% more capital invested
Capital invested by funds: $698M [Q3] → $3.65B (+$2.96B) [Q4]
400% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 34
54% more funds holding
Funds holding: 239 [Q3] → 368 (+129) [Q4]
50% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]
43% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 70
23% more call options, than puts
Call options by funds: $633M | Put options by funds: $516M
3.14% more ownership
Funds ownership: 37.28% [Q3] → 40.42% (+3.14%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
DA Davidson Alex Platt 0% 1-year accuracy 0 / 4 met price target | 46%upside $35 | Buy Maintained | 14 Apr 2025 |
Benchmark David Williams 20% 1-year accuracy 13 / 65 met price target | 87%upside $45 | Buy Reiterated | 31 Mar 2025 |
Needham Quinn Bolton 14% 1-year accuracy 20 / 145 met price target | 125%upside $54 | Buy Reiterated | 27 Feb 2025 |
Financial journalist opinion
Based on 42 articles about IONQ published over the past 30 days
