IONQ trades 43.4% below Wall Street's consensus target of $62.75.
Last 12 months price action with 12-month analyst target path
The base valuation assumes IONQ achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of October 3, 2026, IonQ, Inc. (IONQ) has a Wall Street consensus price target of $62.75, based on estimates from 6 covering analysts. With the stock currently trading at $43.77, this represents a potential upside of +43.4%. The company has a market capitalization of $16.34B.
Analyst price targets range from a low of $49.00 to a high of $80.00, representing a 49% spread in expectations. The median target of $61.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, IONQ trades at a trailing P/E of -24.0x. Analysts expect EPS to grow +64.2% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RGTIRigetti Computing, Inc. | $5.1B | $15.25 | $21.67 | +42.1% | Buy | — | 7 |
 QBTSD-Wave Quantum Inc. | $5.8B | $15.77 | $34.38 | +118.0% | Buy | — | 13 |
 QUBTQuantum Computing, Inc. | $1.8B | $8.18 | $17.33 | +111.9% | Buy | — | 4 |
 IBMInternational Business Machines Corporation | $209.8B | $222.64 | $256.69 | +15.3% | Buy | 18.1x | 51 |
 GOOGLAlphabet Inc. | $4.2T | $343.50 | $431.57 | +25.6% | Buy | 16.7x | 83 |
 MSFTMicrosoft Corporation | $3.8T | $517.53 | $563.50 | +8.9% | Buy | 26.2x | 82 |
 AMZNAmazon.com, Inc. | $2.7T | $251.52 | $326.83 | +29.9% | Buy | 19.7x | 94 |
 NVDANVIDIA Corporation | $5.7T | $233.95 | $338.96 | +44.9% | Buy | 25.2x | 79 |
 INTCIntel Corp. | $601.9B | $119.33 | $110.97 | -7.0% | Hold | 77.7x | 85 |
 HONHoneywell International Inc. | $67.8B | $213.99 | $259.25 | +21.2% | Buy | 25.8x | 30 |
Quick answers to the most common questions about buying IONQ stock.
The consensus Wall Street price target for IONQ is $62.75, representing 43.4% upside from the current price of $43.77. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
IONQ has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is mixed, with 3 Hold ratings making up the largest segment. The consensus 12-month price target of $62.75 implies 43.4% upside from current levels.
IONQ's current price is $43.77 with a consensus target of $62.75 (43.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $80 for IONQ, while the most conservative target is $49. The consensus of $62.75 represents the median expectation. These targets typically reflect 12-month expectations.
IONQ is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month IONQ stock forecast based on 6 Wall Street analysts shows a consensus price target of $62.75, with estimates ranging from $49 (bear case) to $80 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on IONQ, with a "Buy" consensus rating and $62.75 price target (43.4% upside). 3 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
IONQ analyst price targets range from $49 to $80, a 49% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $62.75 consensus represents the middle ground.
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