IonQ (IONQ) Expected to Post Earnings on Wednesday

IonQ (NYSE:IONQ) is expected to be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of ($0.5555) per share and revenue of $66.47 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary 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 quarterly earnings data on Wednesday, May 6th. The company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.08). The firm had revenue of $64.67 million during the quarter, compared to analyst estimates of $49.75 million. IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The company’s quarterly revenue was up 754.7% on a year-over-year basis. During the same quarter in the prior year, the company 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 Down 0.1%

NYSE IONQ opened at $36.42 on Monday. The stock has a market capitalization of $13.59 billion, a PE ratio of -130.07 and a beta of 3.28. The company has a 50 day moving average price of $50.56 and a two-hundred day moving average price of $43.57. IonQ has a 12-month low of $25.89 and a 12-month high of $84.64.

Analyst Ratings Changes

IONQ has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of IonQ from a “strong sell” rating to a “sell” rating in a report on Saturday, July 25th. Rosenblatt Securities restated a “buy” rating and set a $100.00 target price on shares of IonQ in a report on Thursday, June 11th. Morgan Stanley set a $48.50 price target on IonQ in a research report on Thursday, May 7th. Northland Securities increased their price objective on IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, June 22nd. Finally, Jefferies Financial Group set a $85.00 price objective on IonQ in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $69.46.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ completed its acquisition of SkyWater Technology, giving it direct access to domestic semiconductor-fabrication capabilities. Management says the combination will support a vertically integrated quantum platform spanning quantum foundry operations, advanced packaging and manufacturing. IonQ Completes Acquisition of SkyWater Technology
• Positive Sentiment: The SkyWater deal could improve IonQ’s hardware roadmap by reducing reliance on outside chip suppliers and strengthening its position in the U.S. quantum ecosystem. Wedbush viewed regulatory approval for the transaction as a potential roadmap improvement. Wedbush on IonQ’s SkyWater acquisition
• Positive Sentiment: Some analysts and commentators remain bullish on IonQ’s trapped-ion technology and cite its accuracy advantage over certain competitors. That optimism, combined with the acquisition, is helping frame IonQ as one of the stronger long-term quantum-computing candidates. IonQ bullish stance and rating upgrade
• Neutral Sentiment: IonQ is among the most heavily searched stocks on Zacks, indicating heightened investor interest but not necessarily a change in the company’s fundamentals. Investors heavily search IonQ
• Negative Sentiment: Investors are also looking ahead to IonQ’s expected second-quarter earnings report on August 5. The event could intensify volatility, particularly after the company’s latest quarterly earnings-per-share miss despite strong revenue growth.
• Negative Sentiment: The broader quantum-computing and technology sectors remain under pressure after a significant sell-off. IonQ’s high valuation, continued losses and highly speculative profile leave the stock vulnerable if earnings, guidance or acquisition integration do not meet expectations. Quantum earnings and sector sell-off

Insider Activity

In other IonQ news, Director Kathryn K. Chou sold 2,757 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the sale, the director directly owned 62,608 shares in the company, valued at $3,444,692.16. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John W. Raymond sold 3,815 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $209,863.15. Following the sale, the insider owned 80,148 shares of the company’s stock, valued at $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 13,102 shares of company stock valued at $701,489. 0.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On IonQ

Several large investors have recently made changes to their positions in IONQ. State Street Corp boosted its stake in IonQ by 42.3% during the 4th quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after purchasing an additional 2,663,230 shares during the period. Marex Group plc increased its position in IonQ by 419.1% in the 4th quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock worth $183,225,000 after buying an additional 3,296,866 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of IonQ by 23.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,009,931 shares of the company’s stock worth $179,926,000 after buying an additional 762,585 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of IonQ by 23.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,919,445 shares of the company’s stock worth $130,995,000 after buying an additional 556,680 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of IonQ by 30.3% during the third quarter. Northern Trust Corp now owns 2,737,026 shares of the company’s stock worth $168,327,000 after buying an additional 636,482 shares during the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.

About IonQ

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.