Quantum Computing Price Prediction: IonQ at $43.91, Rigetti at $15.74

IonQ (IONQ) rose 4% to $45.60 after Bank of America initiated coverage with a Buy rating and $60 target. Rigetti (RGTI) and D-Wave (QBTS) also gained 2%. Bank of America cited IonQ's revenue growth and customer engagement. The Defiance Quantum ETF (QTUM) rose 0.27%. Broader markets also advanced.

IonQ (IONQ) rose 4.42% to $42.54 on September 23, 2026, after announcing a real-time quantum error correction decoder and a partnership with NVIDIA. The company also raised its 2026 revenue guidance to $450–$460 million. Analysts set price targets between $60–$70, but the stock's valuation remains high.

IonQ raised its 2026 revenue forecast to $460M but expects an adjusted EBITDA loss of up to $330M. The company has doubled its shares since late 2024, driven by investor excitement in quantum computing and AI. IonQ's recent acquisitions and a $2B capital raise with warrants at $155 pose potential dilution risks. Investors are cautious about execution and long-term returns.

Bank of America analyst Vivek Arya initiated coverage on IonQ (IONQ) with a Buy rating and $60 price target, citing 33% upside. Arya highlights recent acquisitions as accelerating quantum computing timelines. IonQ's Q2 2026 revenue grew 287% YoY to $80.05M, and raised 2026 guidance to $455M. BofA's 2030 revenue estimates imply 69% CAGR, but risks include delays and competition.

Bank of America initiated coverage of IonQ with a 'buy' rating and $60 price target, citing its scale, customer base, and recent acquisitions. IonQ shares are down 40% from May highs but remain positive for the year. The broader tech sector also lost ground.

BofA initiated coverage of IonQ with a Buy rating and $60 price target, citing scaling potential and customer engagement. Shares rose 4.44% intraday, with a 30% upside implied. BofA's target is based on estimated revenue and foundry capacity from SkyWater acquisition. Analysts' targets range from $52 to $100.