IonQ (IONQ) Expected to Announce Earnings on Wednesday

04 May 2026, 08:10 by Scott Moore · The Cerbat Gem

IonQ (NYSE:IONQ – Get Free Report) will likely be announcing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $49.7290 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, May 6, 2026 at 4:30 PM ET.

IonQ Stock Down 0.0%

NYSE:IONQ opened at $46.18 on Monday. The company has a market capitalization of $16.93 billion, a PE ratio of -18.55 and a beta of 3.05. IonQ has a 52-week low of $25.89 and a 52-week high of $84.64. The stock has a fifty day simple moving average of $35.35 and a 200-day simple moving average of $43.95.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

Positive Sentiment: IonQ won a DARPA contract, a credibility-building government award that can provide non-dilutive funding, technical validation and potential follow-on work in defense-related quantum projects — a clear near-term credibility and revenue catalyst. IonQ wins DARPA deal as quantum investment race heats up
Positive Sentiment: A successful quantum-classical freight pilot with Einride and partners demonstrated competitive scheduling results on real-world electric freight problems, highlighting potential commercial use-cases and customer traction for IonQ’s cloud-accessible systems. This helps the narrative that IonQ can convert tech into paying customers. IonQ’s Quantum Freight Pilot Adds Real World Context For Investors
Neutral Sentiment: A new U.S. national quantum policy bill is advancing, shifting focus toward commercialization and deployment with funding clarity beginning 2026; this is industry-positive but may favor incumbents like IBM — implications for IonQ are longer-term and mixed. National Quantum Policy Bill Advances: IBM, IonQ, Cisco in Focus
Neutral Sentiment: Analyst/comparison pieces (e.g., Motley Fool) are re-evaluating whether IonQ or peers are the better “dip” buy — such coverage can drive short-term trading but offers no definitive valuation pivot. Best Quantum Stock to Buy on the Dip: D-Wave Quantum (QBTS) or IonQ (IONQ)
Negative Sentiment: Zacks warns that despite strong revenue growth and backlog, IonQ faces a high valuation, ongoing losses and macro pressure ahead of its May 6 Q1 report — these risks could trigger sell-side downward revisions if results or guidance disappoint. Should You Buy, Hold, or Sell IonQ Stock Before Q1 Earnings?
Negative Sentiment: Bear commentary recirculated (summarized on Yahoo Finance) criticizing IonQ’s fundamentals and growth durability — such narratives can amplify volatility and pressure sentiment ahead of earnings. Is IonQ, Inc. (IONQ) A Good Stock To Buy Now?

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of IonQ in a report on Tuesday, April 21st. Morgan Stanley set a $37.00 price target on shares of IonQ in a report on Thursday, February 26th. Wall Street Zen lowered shares of IonQ from a “hold” rating to a “sell” rating in a research report on Sunday. Cantor Fitzgerald reissued an “overweight” rating on shares of IonQ in a research note on Monday, February 9th. Finally, Benchmark cut their price objective on IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.25.

Get Our Latest Stock Report on IonQ

Insider Activity at IonQ

In other IonQ news, insider John W. Raymond sold 2,800 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $33.34, for a total value of $93,352.00. Following the transaction, the insider directly owned 83,963 shares in the company, valued at approximately $2,799,326.42. This represents a 3.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert T. Cardillo sold 5,165 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $39.44, for a total transaction of $203,707.60. Following the sale, the insider directly owned 112,291 shares in the company, valued at $4,428,757.04. This represents a 4.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 8,581 shares of company stock valued at $316,156. 5.20% of the stock is owned by insiders.

Institutional Trading of IonQ

Several hedge funds and other institutional investors have recently bought and sold shares of IONQ. Beaird Harris Wealth Management LLC lifted its stake in shares of IonQ by 117.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after purchasing an additional 270 shares during the period. Kelleher Financial Advisors purchased a new stake in shares of IonQ in the third quarter valued at $36,000. EverSource Wealth Advisors LLC grew its position in shares of IonQ by 50.5% in the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock valued at $36,000 after purchasing an additional 279 shares during the period. Banque Transatlantique SA acquired a new position in IonQ in the third quarter valued at $43,000. Finally, Darwin Wealth Management LLC acquired a new position in IonQ in the second quarter valued at $47,000. 41.42% of the stock is owned by hedge funds and other institutional investors.

IonQ Company Profile

(Get Free Report)

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.