Thu, February 13, 2025
[ Thu, Feb 13th ] - MSN
ASX 200 strikes new record high
Wed, February 12, 2025
Tue, February 11, 2025

Is It Worth Investing in IonQ (IONQ) Based on Wall Street's Bullish Views?


//stocks-investing.news-articles.net/content/202 .. q-ionq-based-on-wall-street-s-bullish-views.html
Published in Stocks and Investing on Wednesday, February 12th 2025 at 11:01 GMT by MSN   Print publication without navigation

  • The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

The article from MSN discusses the investment potential of IonQ (IONQ), a company specializing in quantum computing. Wall Street analysts have shown a bullish outlook on IonQ, with several price targets suggesting significant growth potential. The stock has received positive feedback due to IonQ's advancements in quantum technology, its partnerships, and its potential to disrupt various industries with quantum computing applications. Despite the optimism, the article also highlights the inherent risks associated with investing in a highly speculative and volatile sector like quantum computing, where IonQ has yet to achieve consistent profitability. Analysts' price targets range from $14 to $21, indicating a strong belief in IonQ's future, but investors are cautioned to consider the company's current financial health and the long-term viability of its technology.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/is-it-worth-investing-in-ionq-ionq-based-on-wall-street-s-bullish-views/ar-AA1yUxbt ]

Publication Contributing Sources