Wall Street lowers its price targets on IonQ $IONQ following its Q3 earnings, despite strong demand and raised revenue guidance:
Jefferies: $80 → $65 (Buy) – Strong results signal quantum computing demand shifting toward commercial deployment, with profitability gaining relevance.
Mizuho: $52 → $42 (Outperform) – Lowered its price target while maintaining a positive rating.
Morgan Stanley: $43 → $40 (Equal Weight) – Revenue beat expectations, FY26 guidance increased, and Superion 256 sold out for 2027.