Needham Analyst Raises IonQ Price Target to $80, Citing Quantum Computing Leadership Potential
Needham's top-ranked analyst Quinn Bolton boosted IonQ's price target from $60 to $80 following the company's 2025 Analyst Day, signaling 44% upside potential. The quantum computing firm demonstrated what Bolton called "the most ambitious plan in the industry" - targeting 2 million physical qubits by 2030.
Bolton, who maintains a 58% success rate on TipRanks, highlighted IonQ's trifecta of advantages: a clear technology roadmap, proven execution under current leadership, and expansion into quantum networking security. The UK's approval of its Oxford Ionics acquisition further strengthens the investment thesis.