StocksMedium•28 September 2026•
1 min read
BofA Initiates IonQ Coverage with Buy Rating and $60 Price Target
Key Facts
1BofA Securities initiated coverage on IonQ with a Buy rating and a price target of $60.00.
2Analysts cited the company's potential for scaling qubit count and broad customer engagement across quantum computing applications.
3IonQ recently increased its revenue guidance following the acquisition of SkyWater Technology.
BofA Securities initiated coverage on IonQ with a Buy rating and a price target of $60.00. Investing.com reported that analysts cited the company's potential for scaling qubit count and broad customer engagement across quantum computing applications as key drivers for the initiation.
IonQ recently increased its revenue guidance following the acquisition of SkyWater Technology. IONQ closed at $45.48 on September 25, 2026, while SNEX closed at $66.81 on the same date.