IonQ, Inc. announces major progress in its IP strategy with new U.S. patents, reinforcing its leadership in quantum computing and potential for commercial advantage.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Rigetti and IonQ, two quantum computing companies with different strategies, are racing towards the goal of quantum advantage from opposite ends of the track.
Quantum computing company IonQ (NYSE:IONQ) announced better-than-expected revenue in Q2 CY2025, with sales up 81.8% year on year to $20.69 million. On top of that, next quarter’s revenue guidance ($27 million at the midpoint) was surprisingly good and 5.9% above what analysts were expecting. Its non-GAAP loss of $0.14 per share was in line with analysts’ consensus estimates.
