B. Riley Securities has initiated coverage on IONQ Inc (IONQ) with a Buy rating, marking the firm's first assessment of the quantum computing company. IONQ, headquartered in College Park, Maryland, develops and manufactures quantum computers and offers access to its systems through major cloud platforms, including Amazon Web Services, Microsoft Azure, and Google Cloud.
As of August 26, 2025, IONQ's stock is priced at $39.21, and the company boasts a market capitalization of $17.0 billion. With a current EPS (TTM) of -5.35, IONQ has experienced a mix of earnings surprises in recent quarters, including a notable 49.3% surprise in Q3 2025, where the EPS was -0.17 against an estimate of -0.34.
Looking ahead, analysts anticipate upcoming earnings on August 4, 2026, with an estimated EPS of -0.31 and projected revenue of $41.1 million. Analyst consensus currently shows a mix of 2 Strong Buy, 10 Buy, and 3 Hold ratings, reflecting a general positive outlook on the company's growth potential in the technology sector.
While analyst ratings can provide valuable insights, they are based on research and financial models that may not always align with actual market performance. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions.
The announcement highlights the increasing interest in IONQ's innovative quantum computing solutions as the company continues to expand its product offerings, including quantum key distribution systems and quantum random number generators.