IonQ Stock Jumps After Q4 Revenue Beat. Can Shares Reach $72?

Rexielyn Diaz3 minute read
Reviewed by: Thomas Richmond
Last updated Feb 27, 2026

Key Stats for IONQ Stock

  • Price Change for IONQ stock: +21.70%
  • IONQ Share Price as of Feb. 26: $41
  • 52-Week High: $85
  • IONQ Stock Price Target: $72

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>

What Happened?

IonQ (IONQ) stock surged 21.7% to $41 on February 26, 2026, after the company reported strong fourth-quarter results. According to Reuters, IonQ posted Q4 revenue of $61.9 million, which beat the IBES estimate of $40.4 million. Revenue increased 429% year over year, highlighting rapid scaling.

The company had announced it would report Q4 and full-year 2025 results on February 25. Investors reacted quickly to the top-line beat and growth acceleration. Earlier this week, IonQ also announced operational deployment of quantum key distribution networks in Europe. The company deployed Romania’s national quantum key distribution network, expanding its footprint in quantum-safe networking. That announcement reinforced IonQ’s commercial momentum beyond pure research contracts.

IonQ also won a spot on the Missile Defense Agency’s SHIELD IDIQ contract in February. That government contract win further supports its growing presence in defense and secure communications markets. Together, these developments helped fuel the stock’s sharp move.

IONQ Stock Price Targets (TIKR)

See analysts’ growth forecasts and price targets for IONQ stock (It’s free!) >>>

What the Market Is Telling Us About IONQ Stock

Investors appear focused on growth rather than current profitability. IonQ generated a 42.1% LTM gross margin, but EBIT margin remains negative at (454.0%). The company continues to invest heavily in scaling operations.

Returns remain negative as well. LTM return on equity stands at (24.4%), and return on invested capital is (15.4%). However, IonQ holds $2.4 billion in net cash, which strengthens its balance sheet flexibility.

Growth expectations are aggressive. Analysts project 65.2% forward 2-year revenue CAGR, while the last three-year revenue CAGR reached 126.9%. Forward EBITDA CAGR is projected at 27.1%.

Valuation remains elevated. IonQ trades at 53.6x forward EV/revenue and 97.2x LTM EV/revenue. These multiples reflect high growth expectations but also imply execution risk.

Estimate a company’s fair value instantly (Free with TIKR) >>>

Should You Invest in IonQ, Inc.?

The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.

Pull up IONQ, and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.

You can build a free watchlist to track IONQ alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.

Analyze IonQ stock on TIKR Free

Looking for New Opportunities?

Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

Join thousands of investors worldwide who use TIKR to supercharge their investment analysis.

Sign Up for FREENo credit card required