IonQ (IONQ) to Announce Earnings on Wednesday

IonQ (NYSE:IONQ) is projected to release its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of ($0.5415) per share and revenue of $66.4560 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.

IonQ (NYSE:IONQ) last released its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.08). The company had revenue of $64.67 million during the quarter, compared to the consensus estimate of $49.75 million. IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.IonQ’s revenue for the quarter was up 754.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.14) EPS. On average, analysts expect IonQ to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

IonQ Stock Performance

Shares of IonQ stock opened at $33.84 on Wednesday. The firm has a market cap of $12.63 billion, a PE ratio of -120.85 and a beta of 3.23. The firm’s 50-day simple moving average is $51.98 and its 200-day simple moving average is $43.90. IonQ has a 1 year low of $25.89 and a 1 year high of $84.64.

Insider Buying and Selling

In other news, Director Kathryn K. Chou sold 2,757 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total transaction of $151,690.14. Following the sale, the director directly owned 62,608 shares in the company, valued at approximately $3,444,692.16. This represents a 4.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gabrielle B. Toledano sold 2,757 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total value of $151,662.57. Following the completion of the sale, the director directly owned 11,154 shares in the company, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 13,102 shares of company stock valued at $701,489 over the last three months. 0.55% of the stock is owned by company insiders.

Institutional Trading of IonQ

A number of large investors have recently modified their holdings of IONQ. Beaird Harris Wealth Management LLC lifted its position in IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. Kelleher Financial Advisors acquired a new stake in shares of IonQ in the third quarter valued at approximately $36,000. EverSource Wealth Advisors LLC raised its holdings in shares of IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock valued at $36,000 after buying an additional 279 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of IonQ during the third quarter valued at approximately $43,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of IonQ during the second quarter worth approximately $47,000. Institutional investors and hedge funds own 41.42% of the company’s stock.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Analyst upgrade: Benchmark Co. upgraded IonQ to “strong-buy,” reinforcing the bullish case for its full-stack quantum platform and international commercial expansion. Zacks.com
• Positive Sentiment: SkyWater acquisition advances: IonQ received final regulatory approval to complete its acquisition of SkyWater Technology. The deal is expected to strengthen IonQ’s U.S.-based semiconductor manufacturing capabilities, improve supply-chain control and accelerate development of scalable quantum systems. IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
• Positive Sentiment: Commercial validation for the sector: AT&T’s expanded partnership with D-Wave, which reportedly reduced a network-optimization task from 60 minutes to 15 seconds, is being viewed as evidence that quantum computing is moving toward practical enterprise use. The news lifted sentiment across the sector, including IonQ, and prompted higher analyst price targets for quantum companies. D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
• Neutral Sentiment: Long-term growth narrative: Recent coverage highlights IonQ’s 256-qubit system, sales in more than 30 countries and exposure to quantum computing, networking, sensing and security. Benchmark estimates the overall quantum industry could generate approximately $1.5 billion in revenue in 2026, but the market remains early-stage and highly speculative. Benchmark’s Quantum Re-Rating Might Change the Case for Investing in IonQ
• Negative Sentiment: Valuation and execution risks: IonQ recently missed quarterly EPS expectations despite revenue substantially exceeding forecasts. Its losses, negative earnings multiple and elevated volatility leave the stock vulnerable when investors reduce exposure to speculative technology names. The broader AI-infrastructure-led pullback has also pressured quantum stocks.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on IONQ shares. JPMorgan Chase & Co. lifted their price target on IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Morgan Stanley set a $48.50 price target on IonQ in a research report on Thursday, May 7th. Weiss Ratings upgraded IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Benchmark began coverage on shares of IonQ in a report on Monday. They issued a “buy” rating and a $60.00 price objective for the company. Finally, Jefferies Financial Group set a $85.00 target price on shares of IonQ in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.46.

IonQ Company Profile

IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.