IonQ Inc [IONQ] stock prices are up 10.01% to $22.75 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IONQ shares have gain 3.08% over the last week, with a monthly amount glided 10.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
IonQ Inc [NYSE: IONQ] stock has seen the most recent analyst activity on December 19, 2024, when DA Davidson initiated its Buy rating and assigned the stock a price target of $50. Previously, Craig Hallum reaffirmed its Buy rating on August 11, 2023, and elevated its price target to $21. On April 26, 2023, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $7 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $9 on June 08, 2022. Goldman initiated its recommendation with a Neutral and recommended $28 as its price target on November 22, 2021.
The stock price of IonQ Inc [IONQ] has been fluctuating between $6.22 and $54.74 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. IonQ Inc [NYSE: IONQ] shares were valued at $22.75 at the most recent close of the market. An investor can expect a potential return of 1.1% based on the average IONQ price forecast.
Analyzing the IONQ fundamentals
The IonQ Inc [NYSE:IONQ] reported sales of 43.07M for trailing twelve months, representing a surge of 91.78%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -5.4%, Pretax Profit Margin comes in at -7.7%, and Net Profit Margin reading is -7.7%. To continue investigating profitability, this company’s Return on Assets is posted at -0.65, Equity is -0.75 and Total Capital is -0.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.71 points at the first support level, and at 16.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.90, and for the 2nd resistance point, it is at 27.04.
Ratios To Look Out For
It’s worth pointing out that IonQ Inc [NYSE:IONQ]’s Current Ratio is 10.50. In addition, the Quick Ratio stands at 9.98 and the Cash Ratio stands at 1.51. Considering the valuation of this stock, the price to sales ratio is 117.71, the price to book ratio is 13.15.
Transactions by insiders
Recent insider trading involved Alameddine Rima, Chief Revenue Officer, that happened on Mar 11 ’25 when 20047.0 shares were sold. Executive Chair, Chapman Peter Hume completed a deal on Mar 11 ’25 to sell 12069.0 shares. Meanwhile, Chief Financial Officer Kramer Thomas G. sold 11712.0 shares on Mar 11 ’25.
