Will IonQ Surprise After Q2 Earnings Tonight

Will IonQ Surprise After Q2 Earnings Tonight

Live Updates Live Coverage Updates appear automatically as they are published. Recent Upgrade by Needham to $60 Per Share 2:15 pm Needham has raised its price target on IonQ (IONQ) to $60 from $50, reiterating a Buy rating on the stock, which currently trades at $41.07. The firm cites increasing industry momentum as the key driver of the revision, noting that enthusiasm for quantum computing has meaningfully strengthened since its last secto…

IonQ Reports $20.7M Revenue, Pursues 10,000-Qubit System Via Oxford Ionics Acquisition & Collaborations.

IonQ’s Q2 revenue reached $20.7M, exceeding expectations, alongside a $1B equity financing to accelerate quantum computing breakthroughs The company anticipates achieving 10,0000 physical qubits with 99.99999% logical fidelity by 2027, bolstered by acquisitions of Lightsynq & Capella These advancements aim to unlock millions of qubits and support the development of quantum networking, including a space-based quantum key distribution (QKD) network

Quantum Computing Stocks: IonQ Earnings Miss, Sales Beat Amid Acquisitions

Kicking off financial results for quantum computing stocks, IonQ reported a bigger than expected Q2 loss while revenue topped views. The post Quantum Computing Stocks: IonQ Earnings Miss, Sales Beat Amid Acquisitions appeared first on Investor's Business Daily.