Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$IONQ Rosenblatt initiates IonQ as buy Rosenblatt says the stock is an “attractive way to gain exposure to the quantum computing market, a market that we see as the next era of computing.” “We are initiating coverage of IonQ with a Buy rating and $70 12-month price target.”
IONQ $IONQ coverage initiated at Rosenblatt, with a $70 price-target: "We are initiating coverage of IonQ (IONQ) with a Buy rating and $70 12-month price target. We believe IonQ provides an attractive way to gain exposure to the quantum computing market, a market that we see as
$IONQ | 𝐈𝐨𝐧𝐐 (IONQ): Rosenblatt initiates 𝐁𝐮𝐲, sets 𝐏𝐓 𝐭𝐨 $70.00 Analyst sees 𝐪𝐮𝐚𝐧𝐭𝐮𝐦 𝐜𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 𝐦𝐮𝐥𝐭𝐢-𝐰𝐢𝐧𝐧𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭; expects 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐬𝐮𝐫𝐠𝐞 past $100M in 2025 and long-term path to $1B. https://t.co/67w4xeRrPz https://t.co/Elee6777kF
Rosenblatt Securities has initiated research coverage of IonQ Inc. with a Buy rating and a 12-month price target of $70, saying the quantum-computing firm offers investors a compelling way to gain exposure to what it calls “the next era of computing.” In the initiating note, Rosenblatt forecasts IonQ’s revenue to exceed $100 million in 2025 and charts a path to roughly $1 billion over the longer term as commercial demand for quantum computing scales. The broker argues that IonQ is positioned as a key beneficiary of accelerating adoption across sectors ranging from finance to pharmaceuticals.
