as 11-21-2024 12:37pm EST
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Founded: | 2015 | Country: | United States |
Employees: | 324 | City: | COLLEGE PARK |
Market Cap: | 6.2B | IPO Year: | N/A |
Target Price: | $17.50 | AVG Volume (30 days): | 32.0M |
Analyst Decision: | Strong Buy | Number of Analysts: | 4 |
Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
EPS: | -0.82 | EPS Growth: | N/A |
52 Week Low/High: | $6.22 - $30.49 | Next Earning Date: | 11-06-2024 |
Revenue: | $37,469,000 | Revenue Growth: | 89.78% |
Revenue Growth (this year): | 91.49% | Revenue Growth (next year): | 100.36% |
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