IonQ's Advances in Synthetic Diamond Materials Propel Quantum Networking Expansion and Manufacturing
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: Sep 04 2025
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Source: Newsfilter
Breakthrough in Quantum Technology: IonQ, in collaboration with Element Six, has developed high-quality, quantum-grade diamond films that can be produced using standard semiconductor manufacturing techniques, crucial for building scalable quantum networks and devices.
Foundry Compatibility and Integration: The new diamond films enable the production of synthetic diamond quantum devices using existing semiconductor tools, facilitating the integration of quantum and classical materials in hybrid systems, which enhances the potential for mass production of quantum technologies.
IONQ.N$0.0000%Past 6 months

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Analyst Views on IONQ
Wall Street analysts forecast IONQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IONQ is 76.11 USD with a low forecast of 47.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast IONQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IONQ is 76.11 USD with a low forecast of 47.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 52.550

Current: 52.550

Outperform
initiated
$90
Reason
Mizuho initiated coverage of IonQ with an Outperform rating and $90 price target. The firm sees the company as a leader in quantum computing with trapped ions' low error rates and higher coherence times potentially driving a faster commercial ramp versus superconducting if qubit scaling can be executed. The company is delivering a full-stack solution with computing, networking, and sensing., the analyst tells investors in a research note.
Neutral
initiated
$47
Reason
JPMorgan initiated coverage of IonQ with a Neutral rating and $47 price target. The company is "uniquely positioned" to lead the next generation of compute processing technology, quantum computing, which has the potential to unlock multi-trillion dollars in economic value, the analyst tells investors in a research note. However, the firm views IonQ's risk/reward as fairly balanced at current price levels, reflecting the stock's "steep valuation."
Overweight
maintain
$60 -> $70
Reason
Cantor Fitzgerald raised the firm's price target on IonQ to $70 from $60 and keeps an Overweight rating on the shares following the Q3 earnings report. IonQ is in the very early innings of commercializing its technology, and Cantor thinks IonQ can capture 30% of the quantum hardware, software, and services market by 2035, which equates to $954M in present value terms, the analyst tells investors in a research note.
Neutral
maintain
$35 -> $55
Reason
DA Davidson raised the firm's price target on IonQ to $55 from $35 and keeps a Neutral rating on the shares. The company's "solid" Q3 earnings exceeded expectations, with management raising guidance for the full-year, the analyst tells investors in a research note. IonQ continues to invest heavily for what is the next big technological paradigm of this generation and has bolstered its positioning with its recent capital raise and acquisitions of Oxford Ionics and Vector Atomic, the firm added.
About IONQ
IonQ, Inc. is engaged in the quantum computing and networking industry, delivering high-performance systems capable of solving complex commercial and research use cases. Its generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are cutting-edge systems, boasting 36 algorithmic qubits. It sells specialized quantum computing and networking hardware together with related maintenance and support. It also 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. It makes access to its quantum computers available via three cloud platforms, Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via its own cloud service. Its product portfolio also includes quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.