Northland Capital Markets Rates IONQ buy, $70 Price Target

Northland Capital Markets maintained its buy rating for IonQ, Inc. with a $70 price target, a 30.60% upside from the current price.

By EarningsIQ Research Desk · Published Jun 22, 2026, 11:03 AM EDT · Updated Jun 25, 2026, 12:01 PM EDT

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Northland Capital Markets rated IonQ, Inc. ($IONQ) "buy" with a $70 price target on June 22, 2026.

Since the rating, $IONQ is down 7.6% after 1 week, down 40.5% after 1 month and down 46.4% to date (from the $58.32 close on Jun 22, 2026).

IONQ IonQ, Inc.

$31.28 -33.12% year to date

Daily close · Oct 16, 2026

Key Points

Northland Capital Markets reiterated its buy rating on IonQ, Inc. with a $70 price target on June 22, 2026.
Northland Capital Markets's $70 price target implies 30.60% upside from IonQ, Inc.'s ($IONQ) current $53.60 share price.
IonQ's stock traded at $56.55 on Monday, with a market cap of about $21.1 billion and a P/E ratio of 145.
Other analysts like Wedbush also maintain buy ratings, while peers like BlackRock adjusted their holdings.

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Northland Capital Markets reaffirmed its buy rating on IonQ, Inc. (NYSE:IONQ) on June 22, 2026. The firm set a price target of $70, highlighting continued confidence in the quantum computing company's prospects. Shares of IonQ traded at $56.55 on Monday, reflecting investor interest in the technology sector.

Analyst rating track record

Northland Capital Markets vs. the S&P 500

YTD return +83.80% hypothetical

All-time return +192.89% S&P 500 +28.19%

vs. S&P 500 +164.70% ahead of the index

Hypothetical returns from Northland Capital Markets's disclosed trades, not real profit or advice. How we model this.

IonQ, Inc. Stock Up 70.6%

Shares of NYSE:IONQ traded near $56.55 on Monday. IonQ, Inc. has a market cap of approximately $21.1 billion and a P/E ratio of 145. The stock has shown volatility with a 52-week low of $25.89 and a high of $84.64. Its 50-day moving average stands at $52.43, and the 200-day moving average is $49.28. The company maintains strong liquidity with a current ratio of 14.05 and a quick ratio of 13.12.

12-month forecast

$IONQ price target

IonQ, Inc. daily closes and this analyst's $70 target. Not advice.

Recent Earnings

IonQ, Inc. reported revenue of $187.1 million, showing a growth of 7.5%. The company achieved a net margin of 1.75% and a return on equity of 11.29%. Earnings per share were $0.39. The next earnings report is expected on August 5, 2026.

Insider Buying and Selling at IonQ, Inc.

Recent insider activity at IonQ includes several purchases and sales. On June 17, 2026, insiders William Teuber Jr., William Scannell, and Jim Frankola each acquired 4,526 shares. Meanwhile, CFO and COO Inder Singh sold 2,617 shares at $59.75 on June 16 and 6,272 shares at $56.21 on June 11. Robert Cardillo also sold 904 shares at $56.21 on June 11.

Analysts Set New Price Targets

On June 22, 2026, Northland Capital Markets maintained its buy rating for IonQ with a $70 price target. Previously, on May 7, 2026, JP Morgan maintained a hold rating with a $50 target, while Wedbush kept a buy rating with a $75 target. The consensus among analysts remains strong buy, with a mean price target of $67.64 based on 13 opinions.

About IonQ, Inc.

IonQ, Inc. is a technology company specializing in quantum computing systems. Founded in 2015, the company is headquartered in College Park, Maryland. IonQ develops and sells quantum computers and offers access through cloud platforms like AWS, Microsoft's Azure, and Google Cloud. The company is led by CEO Mr. Niccolo Mcleod de Masi and employs 1,132 people.

Bottom Line

Northland Capital's reiteration of a buy rating for IonQ, Inc. underscores its belief in the company's potential growth in the quantum computing sector. Investors keep a close watch on such analyst updates, although it's important to remember that these ratings are based on past performance and analysis. IonQ remains a key player in the rapidly evolving quantum technology landscape.