Rosenblatt Reaffirms Buy on IonQ, Inc. (IONQ) with $100 Price Target

The company's shares person surged 24% year-to-date, with Wall Street anticipating a further 17% upside arsenic of the adjacent connected June 12. Based connected the recommendations of 9 analysts, the banal is simply a Strong Buy.

Institutional investors' involvement successful IonQ, Inc. (NYSE:IONQ) is seeing an upward trend. According to Insider Monkey's database for Q1 2026, 39 hedge funds held a involvement successful the company, up from 28 successful the erstwhile quarter.

Last month, the institution lifted its yearly gross forecast, amid robust request for its quantum computing platform. It present expects the fig betwixt $260 cardinal and $270 million, up from the anterior estimates of $225 ​million to $245 million.

First 4th gross came successful astatine $64.7 million, up 755% year-on-year and comfortably surpassing Wall Street's forecast of $49.7 million. Net income came successful astatine $805.4 million. GAAP EPS was $2.19. The important summation successful nett income was chiefly driven by a $1.06 cardinal non-cash summation from the revaluation of warrant liabilities. On the different hand, adjusted EBITDA nonaccomplishment for the 4th was astatine $96.8 million, portion adjusted EPS was ($0.34).

IonQ, Inc. (NYSE:IONQ) is simply a quantum level institution that provides solutions for quantum computing, networking, sensing, and security.

While we admit the imaginable of IONQ arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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