IonQ (IONQ) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $1.35
- Estimate
- -$0.79
- Surprise
- +270.9%
- Revenue (period 2026-09-30)
- $173.8M
- Score today
- 5.6/10
Revenue source: xbrl.
How the report landed
IonQ (IONQ) beat the -$0.79 estimate with adjusted EPS of $1.35 — a large 270.9% upside surprise.
Coverage in the report window
- Benzinga Bulls and Bears: Palantir, IonQ, DraftKings — benzinga, 2026-11-07
- Jefferies Maintains Buy on IonQ, Lowers Price Target to $65 — benzinga, 2026-11-06
- Why Is D-Wave Quantum Stock Surging on Friday? — benzinga, 2026-11-06
Where TrendMatrix's rating stands now
TrendMatrix currently rates IONQ Sell at 5.6/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +270.9% surprise compares with a -2.0% four-quarter average. Next scheduled report: 2027-02-24.
What supports the rating
- Positive momentum
- Analyst upside: 66%
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.1)
- Sector modifier (Technology): -0.8
- Consecutive earnings misses (2)
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
- $32.62
- Price target
- $54.18
- Stop
- $30.34
- Upside to target
- +66.1%
- Reward-to-risk
- 4.4:1
Risk check: trading volume is running 1.7× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-07 — 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
- $14.01B
- P/E (fwd)
- -25.2
- P/E (ttm)
- 18.9
- 52-week range
- $24.91–$73.65
- Off 52-week high
- 55.7%
- RSI (14)
- 54
- Volume vs avg
- 1.73×
- Score today
- 5.6/10