IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 11 qubits. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. IonQ, Inc. was incorporated in 2015 and is headquartered in College Park, Maryland.
IPO Year: 2021
Exchange: NYSE
Website: ionq.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
12/19/2024 | $50.00 | Buy | DA Davidson |
8/11/2023 | $12.00 → $21.00 | Buy | Craig Hallum |
4/26/2023 | $7.00 | Equal-Weight | Morgan Stanley |
6/8/2022 | $9.00 | Buy | Needham |
12/17/2021 | $28.00 → $22.00 | Neutral | Goldman Sachs |
11/22/2021 | $28.00 | Neutral | Goldman Sachs |
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4 - IonQ, Inc. (0001824920) (Issuer)
4 - IonQ, Inc. (0001824920) (Issuer)
4 - IonQ, Inc. (0001824920) (Issuer)
4 - IonQ, Inc. (0001824920) (Issuer)
4 - IonQ, Inc. (0001824920) (Issuer)
4 - IonQ, Inc. (0001824920) (Issuer)
Qubitekk's renowned team, technology, products, and patent portfolio to join IonQ Acquisition to continue expansion of IonQ's trajectory into the quantum networking market Today, IonQ (NYSE:IONQ) announced that it has reached a definitive agreement to acquire substantially all of the operating assets of Qubitekk, Inc., a leading Vista, CA-based quantum networking company. As part of the transaction, the Qubitekk team will join IonQ to further enhance IonQ's leading position in the quantum networking industry. IonQ anticipates closing the acquisition within the next six months, subject to the satisfaction of certain closing conditions. Quantum networks are expected to become essential inf
Quantum computing leader to highlight the impact of quantum machine learning developments and its impact on key industries IonQ (NYSE:IONQ), a leader in the quantum computing industry, announced today that Dr. Masako Yamada, Director of Applications Development, will speak at Inside Quantum Technology's inaugural Quantum + AI Summit in New York City, taking place October 29-30, 2024. The first-time event brings together a dynamic lineup of speakers to address the challenges and opportunities at the intersection of quantum computing and AI, highlighting their complementary potential to drive innovation and efficiency, as well as showcase a behind-the-scenes look at applications and platform
President and CEO Peter Chapman plenary session to highlight significant advancements which will accelerate quantum innovation IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced President and CEO Peter Chapman's plenary session on Wednesday, September 11 at Quantum World Congress 2024. The annual technology event connects industry-leading researchers, academics, developers, legislators, policy makers and quantum computing experts, as they discuss and present the latest innovations in the global quantum ecosystem. Chapman will discuss IonQ's perspective on the quantum industry and share exciting new developments that are accelerating quantum innovation. He will
Independent Director of the Board Harry You–former CFO of Accenture and Oracle–also appointed as next Lead Independent Director of the Board IonQ (NYSE:IONQ), a leader in the quantum computing industry, announced today the appointment of Peter Chapman as its next Chairman of the Board and Harry You as the Lead Independent Director of the Board, effective at the close of IonQ's upcoming Annual General Meeting on June 5, 2024. Both appointments were disclosed in a proxy statement issued on April 25, 2024. Peter Chapman has also been nominated for re-election as a Class III director at the meeting, and his chairmanship will take effect assuming he is re-elected. "Last quarter we were del
The quantum applications team is focused on accelerating the path to commercial quantum advantage Roetteler's decades of quantum industry experience include leadership roles at Microsoft and NEC Laboratories IonQ (NYSE:IONQ), a leader in quantum computing, today announced the addition of industry expert, Dr. Martin Roetteler, as its new Head of Quantum Applications. Roetteler will lead IonQ's Quantum Applications development team, which identifies commercial applications of IonQ's world-leading trapped ion quantum computing technologies and delivers business value to customers. Additionally, he will drive innovation in the algorithms space across chemistry, materials science, optimiza
Cardillo's decades of federal leadership and strategic consulting experience will guide the development of IonQ products and partnerships that align with the needs of the U.S. and its global allies IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced the appointment of Robert Cardillo – Chairman and Chief Strategist of Planet Federal and former Director of the National Geospatial-Intelligence Agency – to its Board of Directors. In this role, Cardillo will expand upon IonQ's work with the U.S. government and its allies in establishing public-private partnerships that position IonQ as a global leader in the quantum economy. This press release features multimedia. V
Scannell's nearly four decades of sales experience at Dell Technologies will play a crucial role in helping IonQ navigate its next phase of growth and innovation IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced the appointment of Bill Scannell, President of Global Sales and Customer Operations at Dell Technologies, to its Board of Directors. As a member of the Board of Directors, Scannell will provide input and direction for IonQ's system sales strategy and help strengthen the company's leadership position in the quantum economy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228956459/en/Bill S
The newly-launched Amazon Braket Direct program expands access to the most innovative quantum systems available on Amazon Braket with no upfront fees or subscriptions Customers can connect with IonQ application development experts directly via Amazon Braket Direct, receiving tailored support to leverage the full capabilities of IonQ quantum systems IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced the first public availability of IonQ Forte on Amazon Braket, through the Braket Direct Program. Amazon Braket is a fully managed quantum computing service from Amazon Web Services (AWS). Complementing existing on-demand access, customers can now use Braket Direct t
Margaret Arakawa joins as Chief Marketing Officer Kurt Kennett joins as Vice President of Software New leadership roles follow a year of record growth, including a $25.5M deal with US AFRL and achieving #AQ 29 on a barium platform IonQ (NYSE:IONQ), an industry leader in quantum computing, today announced the appointment of Margaret Arakawa as Chief Marketing Officer. She brings several decades of leadership experience to IonQ, having grown end-to-end ecosystems at startups and enterprise companies. "Margaret's arrival could not be better timed as we move to IonQ's next phase of growth," said Peter Chapman, CEO and President at IonQ. "IonQ brings together leading innovators and build
Co-founder and Chief Scientist Dr. Chris Monroe to depart IonQ to return to his academic, research and policy pursuits IonQ (NYSE:IONQ), an industry leader in quantum computing, today announced that Dr. Chris Monroe, Chief Science Officer, will be leaving the company. Dr. Monroe co-founded IonQ in 2015 and his scientific contributions and leadership have played an instrumental role in shaping IonQ's research efforts. As Gilhuly Family Distinguished Presidential Professor of Physics and Electrical Computer Engineering at Duke University, Dr. Monroe will be returning to his academic, research, and policy pursuits. He will continue to lead research in quantum computing technology, educate
IonQ to serve as anchor partner to this endeavor IonQ to spearhead cutting-edge quantum computing and networking services as part of this initiative IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced a landmark partnership with the University of Maryland and the State of Maryland with the aim to establish Maryland as the "silicon valley" of the quantum computing industry. The proposed initiative will aim to fuel the growing quantum economy of the U.S. capitol region, provide access to IonQ's cutting-edge quantum technology, and dramatically strengthen Maryland's workforce with new quantum-focused jobs. This press release features multimedia.
Together, IonQ and AFRL expect to create groundbreaking capabilities to establish free-space optical links from ground stations to drones This project highlights the strong market demand for IonQ's innovative quantum computing and networking products IonQ's recent acquisition of Qubitekk extends networking expertise and opens new avenues for innovation with project partners IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced a new $21.1 million project via Qubitekk, Inc. to work with the United States Air Force Research Lab (AFRL). This new effort represents another significant milestone for IonQ as it collaborates with AFRL to install quan
The following is a statement from Peter Chapman, Chairman and CEO of IonQ (NYSE:IONQ): Today's classical computing hardware is limited by computational capacity and power requirements in ways that will likely prohibit society from ever being able to solve some of its most pressing problems. IonQ's current #AQ 36 Forte Enterprise systems are already providing insight to solutions for customers today, and our upcoming #AQ 64 Tempo systems in 2025 and next-generation #AQ 256 systems will enable us to tackle increasingly complex problems to deliver near-term business value. One of the areas facing the most significant potential disruption is strong AI, where we believe natively quantum AI w
IonQ's CMO Margaret Arakawa will speak on real-world quantum applications at CES IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, will be presenting at CES 2025 this week, marking a key milestone as the event launches its first-ever dedicated quantum track: "Quantum Means Business: A Quantum World Congress Program." CES is one of the world's most influential technology events, showcasing the latest innovations that have shaped the future of technology for over 50 years. IonQ's Chief Marketing Officer, Margaret Arakawa, will take the stage at CES as part of the panel discussion, "Quantum is Here: Computing Applications & New Industries." The session, schedul
Qubitekk's renowned technology, products, people, and patent portfolio join IonQ IonQ expands capabilities to build the quantum internet and accelerate industry applications IonQ (NYSE:IONQ), a leader in the quantum computing and networking industry, today announced the completion of its acquisition of substantially all of the assets of Qubitekk, Inc., a prominent quantum networking company. The acquisition brings Qubitekk's esteemed team, advanced technology, and extensive patent portfolio into IonQ's operations, solidifying IonQ's position at the forefront of quantum networking and computing. Quantum networks are poised to become important infrastructure, with the potential to drive
Innovative, noise-tolerant quantum algorithm reduces the number of two-qubit gates needed by over 85 percent, speeding up solutions for complex optimization problems. IonQ (NYSE:IONQ), a leader in the quantum computing and networking industry, announced a technological breakthrough that demonstrates a new approach to scalable quantum computing, resulting from a collaboration with Oak Ridge National Laboratory (ORNL). The collaboration combined IonQ's high-performing, enterprise-grade trapped-ion technology with ORNL's world-class quantum technologies expertise to develop a novel hybrid quantum algorithm based on the Quantum Imaginary Time Evolution principle (QITE). This noise-tolerant
IonQ earns a spot in the prestigious list of 1,000 global companies who showcase financial success, growth, and innovation. The company joins fellow honorees NVIDIA, Cisco, VMWare, Adobe and Salesforce who are also leading the way in the corporate world. IonQ (NYSE:IONQ), an industry leader in the quantum computing and networking industry, today announced its inclusion in the prestigious "Newsweek Excellence 1000 Index 2025," a global ranking that recognizes the most innovative and customer-centric companies across industries who are balancing financial success with ethical practices, social responsibility and global sustainability. This accolade highlights IonQ's commitment to pushing
MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum Computing ETF has reached a major milestone, surpassing $400 million in assets under management (AUM) — a testament to the growing momentum behind quantum computing. QTUM, up 40%+ YTD as of 12/11/2024, is the first ETF dedicated to quantum computing, giving investors exposure to the companies building the computational backbone of the AI age. With holdings in industry leaders like D-Wave Quantum (NYSE:QBTS), IonQ (NYSE:IONQ), and Rigetti Computing (NASDAQ:RGTI), QTUM delivers targeted access to pure-play innovators driving the next era of exponential technological growth. The under
IonQ's foundational ion trap chip is displayed at NYSE alongside other revolutionary technologies With this recognition from NYSE, IonQ follows in the footsteps of other groundbreaking companies such as Coca Cola, FedEx, Goldman Sachs, and HP IonQ (NYSE:IONQ), a leader in the quantum computing and networking industry, is honored to announce the display of its ion trap—the foundational technology behind its quantum computers—in the lobby of the New York Stock Exchange (NYSE). This showcase recognizes IonQ's position as a technological pioneer, quantum leader, and the only quantum computing company highlighted at the world's largest stock exchange. This press release features multimedia.
IonQ to host a fireside chat with General Dynamics Information Technology on forming quantum go-to-market partnerships and commercial momentum in the quantum space Today, IonQ (NYSE:IONQ), a leader in the quantum computing and networking industry, will highlight the transformative power of quantum computing for the future of business at Q2B24 Silicon Valley. At Q2B24, IonQ will be joined by General Dynamics Information Technology (GDIT) to discuss how quantum is gaining momentum in the government sector. This collaboration emphasizes the pivotal role of strategic partnerships in driving innovation and accelerating quantum technology adoption. Together, IonQ and GDIT will demonstrate how
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DA Davidson initiated coverage of IonQ with a rating of Buy and set a new price target of $50.00
Craig Hallum reiterated coverage of IonQ with a rating of Buy and set a new price target of $21.00 from $12.00 previously
Morgan Stanley initiated coverage of IonQ with a rating of Equal-Weight and set a new price target of $7.00
Needham initiated coverage of IonQ with a rating of Buy and set a new price target of $9.00
Goldman Sachs reiterated coverage of IonQ with a rating of Neutral and set a new price target of $22.00 from $28.00 previously
Goldman Sachs initiated coverage of IonQ with a rating of Neutral and set a new price target of $28.00
Exceeds High End of Guidance Range with Third Quarter Revenue of $12.4 Million, Representing 102% Year-Over-Year Growth Raises Full Year Revenue Guidance to Between $38.5 Million and $42.5 Million Secures $63.5 Million in Third Quarter Bookings, Including Largest 2024 U.S. Quantum Contract Award of $54.5 Million with United States Air Force Research Lab Signs Definitive Agreement to Acquire Qubitekk, Furthering Leadership in Quantum Networking Enters New Era of Quantum Networking Commercialization, with Significant Government Backing Announces Plan to Partner with AstraZeneca to Accelerate Drug Discovery and Development Announces Partnership with Ansys to Bring the Power of Qua
IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the financial markets close. IonQ will host a conference call at 4:30 PM Eastern time that same day to discuss its results and business outlook. The call will be accessible by telephone at 877-407-4018 (domestic) or 201-689-8471 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or +1-412
Second Quarter Results of $11.4 Million in Revenue, Exceeding High End of Guidance Range, Representing 106% Year-Over-Year Growth Secures $9 Million in Bookings, Including System Design Win with ARLIS Demonstrates Company Record Two-Qubit Native Gate Fidelity of 99.9%, Paving the Way for Highly Accurate Quantum Systems Announces Discovery of Partial Error Correction Technique, Bringing Quantum Era Within Reach Raises Full Year Revenue Guidance Range to Between $38 Million and $42 Million IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced financial results for the quarter ended June 30, 2024. "This was a tremendous quarter for IonQ, with the company pos
IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the quarter ended June 30, 2024, on Wednesday, August 7, 2024, after the financial markets close. IonQ will host a conference call at 4:30 PM Eastern time that same day to discuss its results and business outlook. The call will be accessible by telephone at 877-407-4018 (domestic) or 201-689-8471 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or +1-412-317-
First Quarter Results of $7.6 Million in Revenue, Exceeding High End of Guidance Range, Representing 77% Year-Over-Year Growth Sales Pipeline Expanding in Deal Size and Volume with Improving Visibility Bookings Backloaded, Raises Bookings Guidance Range to $75 to $95 Million for 2024 Hired Stacey Giamalis as Chief Legal Officer, Dr. Martin Roetteler as Head of Quantum Applications IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced financial results for the quarter ended March 31, 2024. "We kicked the year off with strong revenue results, once again outperforming the high end of our guidance range," said Peter Chapman, President and CEO of IonQ. "I am als
IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the quarter ended March 31, 2024, on Wednesday, May 8, 2024, after the financial markets close. IonQ will host a conference call at 4:30 PM Eastern time that same day to discuss its results and business outlook. The call will be accessible by telephone at 877-407-4018 (domestic) or 201-689-8471 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or 412-317-6671
Full Year Results of $22.0 Million in Revenue, Above High End of Range Full Year Results of $65.1 Million in Bookings, Above High End of Range, with Strong Pipeline Entering 2024 Fourth Quarter Results of $6.1 Million in Revenue, High End of Range Achieved 2024 Technical Milestone of #AQ 35 in December 2023, a Full Year Early Doubled Compute Space Performance Again, Reaching #AQ 36 in January 2024 Achieved First Major Milestone on Implementing Photonic Interconnects for Networked QPUs IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced financial results for the quarter and full year ended December 31, 2023. "IonQ had a landmark year in 2023, meeting
IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced that the Company will release its financial results for the quarter ended December 31, 2023, on Wednesday, February 28, 2024, after the financial markets close. IonQ will host a conference call at 4:30 PM Eastern time that same day to discuss its results and business outlook. The call will be accessible by telephone at 877-407-4018 (domestic) or 201-689-8471 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or 412-
Third Quarter Results of $6.1 Million in Revenue, Above High End of Range 2023 Full Year Revenue and Bookings Outlooks Increased Again Third Quarter Bookings of $26.3 Million Bring Bookings to $58.4 Million Year-to-Date as of Q3 Announces $25.5 Million Quantum Networking System Sale to AFRL Robust Commercial Pipeline Growth and Visibility Achieves $100 Million in Cumulative Bookings Within First Three Years of Commercialization Efforts Technical Momentum Continues Towards Commercial Advantage IonQ (NYSE:IONQ), a leader in the quantum computing industry, today announced financial results for the quarter ended September 30, 2023. "Our third quarter represents another massive s
IonQ (NYSE:IONQ), an industry leader in quantum computing, today announced that the company will release its financial results for the quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the financial markets close. IonQ will host a conference call at 4:30 PM Eastern time that same day to discuss its results and business outlook. The call will be accessible by telephone at 877-300-8521 (domestic) or 412-317-6026 (international). The call will also be available live via webcast on the Company's website here, or directly here. A telephone replay of the conference call will be available approximately three hours after its conclusion at 844-512-2921 (domestic) or 412-317
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