IONQ Stock Today: Revenue Triples, 2026 Guide Beats — February 26
IonQ stock is rallying after a big beat. Shares of IONQ traded near $40.86, up 29% today, as IonQ earnings showed GAAP revenue of $130 million, up 202% year over year. Management set 2026 revenue guidance of $225 to $245 million, ahead of expectations. Investors are also watching the pending SkyWater acquisition that supports a full‑stack quantum plan. For US traders, the setup mixes fast growth with high volatility and rich valuation. Here is what to know now.
Earnings beat and 2026 guidance
IonQ posted FY2025 GAAP revenue of $130.0 million, up 202% year over year, and said it beat guidance by 20%. That puts the company over the $100 million mark, a first for a public quantum name. Management cited stronger commercial demand and larger deals across cloud channels. See the company release for full details source.
For 2026, IonQ guided revenue to $225 to $245 million, above Street views. At the midpoint, that implies roughly 81% growth versus 2025, and 73% to 88% growth across the range. Barron’s reported that the outlook exceeded expectations and helped spark today’s move source.
Management highlighted a full‑stack quantum strategy. The pending SkyWater acquisition is intended to tighten control over chip fabrication, improve device yields, and speed iteration between hardware and software. That can support scale as enterprise workloads grow. Execution on integrations, cost discipline, and delivery timelines will matter, since rapid revenue growth must pair with steady margins for durable gains.
Price action and valuation today
IonQ stock surged to $40.86, up $9.24 or 29.22% today, with a session range of $38.75 to $40.95. Market cap sits near $11.91 billion. Volume is elevated versus average. Despite the rebound, the stock has been volatile this year. Traders should size positions carefully and expect wide swings around headlines, contracts, and product updates.
On trailing figures, the price to sales ratio is about 149x, with EPS at -$5.84. Balance sheet quality is a plus, with a current ratio of 8.73, cash ratio of 2.48, and very low debt to equity near 0.01. The mix signals strong growth expectations but limited room for execution slips at today’s price.
Street view and key risks
Wall Street shows 11 Buys, 0 Holds, 0 Sells, for a Buy consensus score of 4.00. Our stock grade is B with a HOLD suggestion. A separate company rating pegs IonQ at C- with a Strong Sell tilt, reflecting weak profitability metrics. Together, these signals say growth is strong, but financial quality needs to improve for conviction.
Free cash flow remains negative, and net margin sits near -18%. Stock-based compensation is high relative to revenue. Days sales outstanding around 169 shows slow collections. Expect volatility. If 2026 bookings or margins miss targets, the multiple can compress quickly. Position sizing, staged entries, and clear stops can help manage downside.
Technical setup after the gap
RSI is 41.38, still below 50 but improving. MACD histogram has flipped positive at 0.21, hinting at early momentum. ADX at 38.19 signals a strong trend. MFI at 52.63 is neutral. Together, ionq stock shows an improving, but not confirmed, momentum backdrop after a large earnings gap.
Today’s intraday low near $38.75 is first support. The 50-day average around $44.40 is initial resistance, then the 200-day near $47.45. The Bollinger middle band near $35.22 is a deeper support area. With ATR at 3.07, consider wider stops and partial profit-taking into resistance.
Final Thoughts
IonQ delivered real scale with $130 million GAAP revenue and a 2026 guide of $225 to $245 million. That flipped the narrative for a quantum computing stock that many saw as early stage. For investors in the US, the path forward is simple. Track quarterly bookings, deal sizes, and cloud usage growth. Watch closing and integration progress on the SkyWater acquisition. On the tape, a push above the 50-day average could invite momentum buyers, while dips toward $38 to $35 may test support. IonQ must improve margins and cash flow to match the premium multiple. For most, a staged approach fits. Let price confirm strength and reassess as execution data builds.
FAQs
Why is ionq stock up today?
Shares are higher after IonQ earnings showed GAAP revenue of $130 million, up 202% year over year, and management guided 2026 revenue to $225 to $245 million. The outlook topped expectations, boosting sentiment. Traders also see potential from a pending SkyWater acquisition and growing commercial traction.
What did IonQ earnings show for FY2025?
IonQ reported FY2025 GAAP revenue of $130.0 million, up 202% from last year, beating guidance by 20%. Management cited stronger enterprise demand and cloud access channels. The performance made IonQ the first public quantum firm to surpass $100 million in annual revenue, supporting today’s positive reaction.
What is IonQ’s 2026 revenue guidance?
Management guided 2026 revenue to $225 to $245 million. That implies about 73% to 88% growth versus 2025’s $130 million. The range was above Street expectations and is a key driver for the stock today. Investors will watch bookings and margins to see if the run rate sustains.
Is ionq stock a buy after this move?
It depends on risk tolerance. Growth is strong, and guidance beat views, but valuation is rich and cash flow is negative. Analysts show 11 Buys, yet quantitative ratings flag weak profitability. Consider a staged position, use clear stops, and watch the 50-day average as a confirmation level.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.