Expert Outlook: IonQ Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
IonQ (NYSE:IONQ) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has decreased by 21.98% to $12.0. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. IonQ has shown impressive revenue growth but struggles with profitability and asset utilization.
October 02, 2024 | 12:01 pm
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IonQ has received mixed analyst ratings, with a majority being bullish. The average 12-month price target has decreased by 21.98% to $12.0. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. IonQ has shown impressive revenue growth but struggles with profitability and asset utilization.
The article provides a detailed analysis of IonQ's recent analyst ratings, price target adjustments, and financial performance. The mixed ratings and reduced price targets suggest a neutral short-term impact on the stock price. However, the company's strong revenue growth is a positive indicator, while challenges in profitability and asset utilization may offset this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100