IonQ Stock Climbs Ahead of Q1 Earnings as Wall Street Sees 23% Upside
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IonQ Inc. (IONQ) is set to release its Q1 earnings report, with Wall Street optimistic about the stock's performance. Year-to-date, the stock has risen nearly 7%. Analysts maintain a Moderate Buy rating, with a 12-month price target of $59, indicating a potential upside of about 22.92%. Morgan Stanley raised its price target to $47 while keeping an Equal Weight rating. IONQ shares rose nearly 5% on Tuesday and are up nearly 3% in pre-market trading.
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