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 |
Collaboration delivered a successful solution for the most complex known protein folding problem ever executed on a quantum computer Kipu Quantum, a leader in application and hardware-specific quantum computing solutions, and IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, proudly announced a record achievement: the successful solution of the most complex known protein folding problem ever executed on a quantum computer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619505324/en/IonQ and Kipu Quantum announce the successful solution of the most complex known protein folding problem ever exe
Largest demonstration of its kind combines leading hardware, platforms, and techniques to achieve 20 times speedup over previous demonstrations Ecosystem collaboration marks significant step toward designing more efficient ways of producing pharmaceuticals IonQ will showcase demonstration at ISC High Performance conference in Hamburg, Germany IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, announced results of a collaborative research program between IonQ, AstraZeneca, Amazon Web Services (AWS), and NVIDIA to develop and demonstrate a quantum-accelerated computational chemistry workflow which has the potential to power world-changing innovation in heal
Deal builds on the strategic cooperation between the United States and United Kingdom to unlock next-generation technologies, and enhances Oxford Ionics' position as a global hub for quantum computing R&D Combined entity intends to deliver the world's most powerful quantum computers by bringing together complementary technologies The combination is expected to accelerate innovation in drug discovery, materials science, financial modeling, logistics, chemistry, aerospace, cybersecurity and defense IonQ (NYSE:IONQ) and Oxford Ionics today announced they have entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued at $1.075 Billion, which will consis
Integration of Lightsynq's photonic interconnect and quantum memory technologies accelerates IonQ's roadmap toward scalable, fault-tolerant quantum systems IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced the successful completion of its acquisition of Lightsynq Technologies, Inc., a Boston-based startup specializing in photonic interconnects and quantum memory. This strategic acquisition accelerates IonQ's fault-tolerant quantum computing roadmap and advances progress toward the development of the quantum internet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250603171883/en/I
Memorandum aims to integrate IonQ's quantum technology into South Korea's high-performance computing infrastructure, fueling R&D, talent development, and ecosystem growth. IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center. The memorandum marks a significant expansion of IonQ's long standing relationship with South Korea's government, academic and industry sectors, aligning efforts intended to accelerate the national development of quantu
IonQ and Einride will collaborate to develop quantum solutions for fleet routing, logistics optimization, and supply chain solutions IonQ's investment will grow its European presence and reinforce commitment to building a quantum economy in Sweden and the European market IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced an investment partnership with Einride, a leading global freight mobility company that provides digital, electric, and autonomous technology to explore how quantum computing can drive the next generation of fleet optimization and logistics. Together, IonQ and Einride will develop quantum applications that address large-scale r
IonQ executives to discuss opportunities for quantum generative AI and company's expanded footprint in Japan. IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced that Chief Marketing Officer Margaret Arakawa and Director of Applications Development Dr. Masako Yamada will present at the 2025 Q2B Tokyo Quantum Technologies Conference on Friday, May 16. Their joint session, titled "Rare Data: Today's Quantum Generative AI Opportunity," will examine recent IonQ research on how quantum computing can enhance generative AI models and improve processing of complex datasets in the near term. Q2B Tokyo is a leading global conference focused on the practi
IonQ's Dr. Dean Kassmann will discuss recent company advancements in quantum computing, networking and applications IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, will be presenting at The Economist Impact's 4th annual Commercialising Quantum Global event, taking place in London, UK. The event is Europe's largest conference focusing on real-world quantum computing applications. This year's Commercialising Quantum Global event is expected to host over 1,000 attendees and will focus on topics like quantum AI, error correction, photonics, and post quantum cryptography. Dr. Dean Kassmann, IonQ's Senior Vice President for Engineering and Technology, will spea
Announced $22 Million Deal with EPB, Including the Sale of a New Forte Enterprise, to Establish First Commercial Quantum Computing & Networking Hub Pending Acquisition of Lightsynq Technologies to Accelerate both Quantum Internet and Quantum Computing Roadmap – Bringing Harvard Research Team, Quantum Memory, Quantum Repeaters, Photonic Interconnect Expertise, and IP to IonQ Strong continued expansion of Quantum Networking Initiative via Closing Acquisition of ID Quantique and Agreement to Acquire Capella Selected for First Stage of DARPA's Quantum Benchmarking Initiative Demonstrated Narrow Commercial Advantage On-Stage at NVIDIA GTC Quantum Day with Ansys Held Cash & Cash Equiva
Building on its acquisition of quantum networking company Qubitekk, IonQ announces it has entered into an agreement to acquire Capella Space with plans to unlock the world's first space-based quantum-secure communications network Acquisition will encourage the development of global QKD infrastructure and extend IonQ's vision for the quantum internet IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced plans to launch a global space-to-space and space-to-ground satellite quantum key distribution (QKD) network, highlighting its ambitions to be the first company to have both a quantum network and quantum computer in space. To facilitate development
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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
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IonQ executives to discuss opportunities for quantum generative AI and company's expanded footprint in Japan. IonQ (NYSE:IONQ), a leading commercial quantum computing and networking company, today announced that Chief Marketing Officer Margaret Arakawa and Director of Applications Development Dr. Masako Yamada will present at the 2025 Q2B Tokyo Quantum Technologies Conference on Friday, May 16. Their joint session, titled "Rare Data: Today's Quantum Generative AI Opportunity," will examine recent IonQ research on how quantum computing can enhance generative AI models and improve processing of complex datasets in the near term. Q2B Tokyo is a leading global conference focused on the practi
Executive appointment reflects IonQ's vision for quantum networking leadership Under Shapiro's leadership, IonQ has expanded its quantum networking business and advanced its technical roadmap IonQ (NYSE:IONQ), the leading commercial quantum computing and networking company, today named Jordan Shapiro as President and General Manager, Quantum Networking, effective immediately. Shapiro previously served as Vice President Financial Planning & Analysis, Corporate Development and Investor Relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250505417137/en/Jordan Shapiro, President and General Manager, Quantum Networking at Ion
IonQ executives to discuss quantum computing's rapid momentum and real-world applications that are helping customers solve problems today IonQ, Inc. (NYSE:IONQ), a leader in the quantum computing and networking industries, will participate in expanded quantum programming at SXSW during a week of dedicated quantum panels and discussions. IonQ executives will drive critical discussions on how quantum computing and networking are no longer a distant possibility—they are a current reality, delivering value to enterprises today. IonQ's Chief Revenue Officer, Rima Alameddine, Chief Marketing Officer, Margaret Arakawa, VP Sales and Strategic Partnerships, Philip Farah, Senior Director, Quantum N
ID Quantique's renowned team, technology, and products to join IonQ portfolio With addition of nearly 300 quantum networking patents from ID Quantique; issued and pending quantum patents IonQ controls will total more than 900 worldwide SK Telecom and IonQ enter into Memorandum of Understanding for strategic partnership Acquisition furthers IonQ's leading position in the global quantum networking market Today, IonQ (NYSE:IONQ) announced that it has reached a definitive agreement with each of SK Telecom and ID Quantique (IDQ), a global leader in quantum safe networking and sensing headquartered in Geneva, Switzerland with offices in Seoul (South Korea), Vienna (Austria), and Boston (U
Seasoned technology and talent executive brings decades of leadership experience from Tesla, Electronic Arts, Microsoft, Siebel Systems, and Oracle to continue scaling IonQ's quantum computing leadership IonQ, Inc. (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced the appointment of Gabrielle Toledano to its Board of Directors. Toledano brings over 30 years of leadership experience across the technology, gaming, and digital transformation sectors, having held senior roles at Tesla, Electronic Arts, Microsoft, Siebel Systems, and Oracle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202502
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
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Announced $22 Million Deal with EPB, Including the Sale of a New Forte Enterprise, to Establish First Commercial Quantum Computing & Networking Hub Pending Acquisition of Lightsynq Technologies to Accelerate both Quantum Internet and Quantum Computing Roadmap – Bringing Harvard Research Team, Quantum Memory, Quantum Repeaters, Photonic Interconnect Expertise, and IP to IonQ Strong continued expansion of Quantum Networking Initiative via Closing Acquisition of ID Quantique and Agreement to Acquire Capella Selected for First Stage of DARPA's Quantum Benchmarking Initiative Demonstrated Narrow Commercial Advantage On-Stage at NVIDIA GTC Quantum Day with Ansys Held Cash & Cash Equiva
IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced that the company will release its financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, 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 844-826-3035 (domestic) or 412-317-5195 (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) o
Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th
Exceeds High End of Guidance Range with Full Year Revenue of $43.1 Million, Representing 95% Year-Over-Year Growth Exceeds High End of Guidance Range with Full Year Bookings of $95.6 Million Signs Definitive Agreement to Acquire Majority Stake in ID Quantique, Leading Quantum Networking Provider, to Further IonQ's Global Quantum Networking Leadership IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced financial results for the quarter and full year ended December 31, 2024. "We had IonQ's best year yet in 2024, exceeding the high ends of both our bookings and revenue guidance ranges and making truly significant technical strides," said
IonQ (NYSE:IONQ), a leader in the quantum computing and networking industries, today announced that the company will release its financial results for the quarter ended December 31, 2024, on Wednesday, February 26, 2025, 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 (do
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