A share price of IonQ Inc [IONQ] is currently trading at $26.80, up 4.85%. An important factor to consider is whether the stock is rising or falling in short-term value. The IONQ shares have gain 5.51% over the last week, with a monthly amount glided 2.60%, 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.
IonQ Inc experienced fluctuations in its stock price throughout the past year between $6.22 and $54.74. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. IonQ Inc [NYSE: IONQ] shares were valued at $26.80 at the most recent close of the market. An investor can expect a potential drop of -14.18% based on the average IONQ price forecast.
Analyzing the IONQ fundamentals
Trailing Twelve Months sales for IonQ Inc [NYSE:IONQ] were 43.07M which represents 91.78% growth. 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 26.10 points at the first support level, and at 25.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.67, and for the 2nd resistance point, it is at 28.54.
Ratios To Look Out For
To put it in perspective, the Current Ratio for IonQ Inc [NYSE:IONQ] is 10.50. On the other hand, the Quick Ratio is 9.98, and the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 132.25, the price to book ratio is 15.49.
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.
