TipRanks(@TipRanks):BofA initiated coverage of IonQ $IONQ with a Buy rating and $60 price target The firm says IonQ is the largest public pure-play quantum company by revenue. IonQ has used acquisitions to accelerate its quantum-compute roadmap and expand into quantum networking, security, sensing, space and foundry services, the analyst tells investors in a research note. BofA likes IonQ's semiconductor-enabled path to scaling qubit count, broad customer engagement and exposure across quantum computing, communications and sensing.

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2026.09.28 09:55

BofA initiated coverage of IonQ $IONQ with a Buy rating and $60 price target The firm says IonQ is the largest public pure-play quantum company by revenue. IonQ has used acquisitions to accelerate its quantum-compute roadmap and expand into quantum networking, security, sensing, space and foundry services, the analyst tells investors in a research note. BofA likes IonQ's semiconductor-enabled path to scaling qubit count, broad customer engagement and exposure across quantum computing, communications and sensing.