Wall Street Is Wrong About This Quantum Computing Stock
2026-03-20 08:25:00 ET
In contrast to the mainstream artificial intelligence (AI) sector, which is dominated by a host of well-known large and megacap players, in the quantum computing space, the most popular stocks so far include a small collection of relatively unknown companies. One that has emerged as a perceived leader in the quantum computing space is IonQ (NYSE: IONQ) .
With shares up more than 30% over the last year, IonQ stock has outperformed both the S&P 500 and Nasdaq Composite . Yet Wall Street thinks IonQ's rally is just getting started. The average price target among analysts covering IonQ is $65 -- more than 100% higher than current trading levels.
While it's tempting to follow the hype, I think Wall Street is wrong on this one.
NASDAQ: IONQ
IONQ Trading
43.16% G/L:
$42.04 Last:
49,590,257 Volume:
$38.36 Open:
