- IonQ partners with EPB of Chattanooga to advance Tennessee's leadership in quantum technology.
- The collaboration introduces IonQ's Forte Enterprise quantum computer to the region.
- Analysts project a promising upside potential for IonQ's stock price.
IonQ Inc. (IONQ, Financial) is embarking on an exciting new chapter by collaborating with EPB of Chattanooga to create a trailblazing quantum innovation center. The introduction of IonQ's state-of-the-art Forte Enterprise quantum computer is poised to propel Tennessee into the forefront of quantum technology. This strategic partnership not only elevates the state's technological profile but also fosters local workforce development and unlocks new opportunities for quantum computing applications.
Wall Street Analysts Forecast
According to five analysts, the average one-year price target for IonQ Inc. (IONQ, Financial) stands at $43.60. This target includes a high estimate of $54.00 and a low estimate of $29.00, suggesting an impressive upside potential of 50.87% from the current price of $28.90. For a more comprehensive look at these estimates, please visit the IonQ Inc (IONQ) Forecast page.
In terms of brokerage recommendations, IonQ Inc.'s (IONQ, Financial) average rating from five brokerage firms is currently 2.2, indicating an "Outperform" status. This rating scale runs from 1 to 5, with 1 representing a Strong Buy and 5 indicating a Sell.
GuruFocus provides further insights with their estimated GF Value for IonQ Inc. (IONQ, Financial) projected to be $73.02 in one year. This suggests a remarkable upside of 152.66% from the current stock price of $28.90. The GF Value is a reflection of what the stock should ideally trade at, derived from historical trading multiples, past business growth, and future performance estimates. For more detailed data, the IonQ Inc (IONQ) Summary page offers a wealth of information.
