IonQ shares rise after upbeat Q4 revenue and profit

IONQ

26/02/2026 13:37

** Shares of IonQ IONQ.N jump 13.2% premarket to $38.02 after the quantum computing company's Q4 results beat expectations

** At current levels stock to open at its highest in four weeks

** Co's Q4 rev of $61.89 mln beats analysts' estimate of $40.4

** Posts net income of $753.273 vs estimates of loss of $122.6 - data compiled by LSEG

** At least six brokerages, including Mizuho, Needham and Benchmark, lowered their price targets on the stock after results

** Jefferies lowers PT to $90 from $100, as a result of whole sector seeing lower valuation multiples

** Still brokerage says outlook reinforces co's ability  to  scale across multiple growth vectors, backed by a semiconductor-leveraged roadmap and clear operating momentum

** Ten of 13 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $66.27

** Up to last close, stock had fallen 25.1%, stock had risen 7.4% in 2025

 (Reporting by Johann M Cherian in Bengaluru)

 ((johann.mcherian@thomsonreuters.com))