Goldman Sachs Assumes IonQ As Fair-Priced, Initiates With Neutral

Goldman Sachs analyst Toshiya Hari initiated coverage of IonQ Inc IONQ with a Neutral rating and a $28 price, implying priced at the current level.
While the company is one of the front-runners in the quantum computing space, there is a high level of uncertainty around the widespread adoption and commercialization of quantum computing and which forms of quantum computing ultimately capture market share.
IonQ is a quantum computing hardware and software company based in College Park, Maryland.
Price Action: IONQ shares traded lower by 0.04% at $28 in the premarket session on the last check Monday.

Momentum98.51

GrowthNot Available

QualityNot Available

Value3.31

Short

Medium

Long

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