Jefferies lowered the firm’s price target on IonQ (IONQ) to $85 from $90 and keeps a Buy rating on the shares. A “strong” March quarter beat and June guidance raise reinforces IonQ’s ability to scale across multiple growth vectors, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IONQ:
- Quantum Motion Raises $160 Million as Silicon Bet Aims to Make Quantum Computers Cheaper
- IonQ Stock Falls Despite Record Q1 Revenue and Raised 2026 Guidance
- Mixed options sentiment in IONQ with shares up 6.51%
- Quantum Leap: Scientists use IBM quantum computers to simulate protein complexes
- IonQ reports Q1 EPS (34c), consensus (52c)