IonQ (IONQ) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$5.08
- Estimate
- -$0.60
- Surprise
- -748.6%
- Score today
- 5.0/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
IonQ (IONQ) reported a wider loss than forecast — diluted EPS of -$5.08 against the -$0.60 estimate (a 748.6% shortfall).
Where TrendMatrix's rating stands now
TrendMatrix currently rates IONQ Sell at 5.0/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate; this quarter's -748.6% surprise compares with a -248.2% four-quarter average. Next scheduled report: 2026-11-04.
What argues against it
- Quality below floor (2.5 < 4.0)
- Momentum score 3.2/10 — below 4.5 minimum
- Death cross — 50-day MA below 200-day MA
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $39.38
- Price target
- $58.88
- Stop
- $36.29
- Upside to target
- +49.5%
- Reward-to-risk
- 3.8:1
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
IONQ at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Computer Hardware
- Market cap
- $15.25B
- P/E (fwd)
- -31.0
- 52-week range
- $25.89–$84.64
- Off 52-week high
- 53.5%
- RSI (14)
- 35
- Volume vs avg
- 0.76×
- Score today
- 5.0/10