IonQ Stock Rises After $8M Quantum Security Deal With Congruity360
TLDR
- IonQ raised its full-year 2026 revenue outlook to $450M-$460M following the SkyWater Technology acquisition
- IONQ stock rose more than 6% in premarket trading Tuesday, trading at $41.91
- IonQ secured an $8.18M quantum security deal with Congruity360 for enterprise data protection
- IonQ published research showing a ~20,000-qubit system could break Bitcoin’s encryption in 26 days
- Analysts hold a consensus Buy rating with an average price target of $70
IonQ had a busy Tuesday. The quantum computing company reported a raised revenue outlook, closed a multi-million dollar security deal, and published eye-catching Bitcoin research all in one session.
IONQ stock was up 6.06% at $41.91 in premarket trading.
IonQ now expects full-year 2026 revenue of $450 million to $460 million. That range includes SkyWater’s contribution from July 31 through December 31, following the completion of the acquisition.
The updated forecast excludes estimated intercompany revenue from a commercial agreement that existed between IonQ and SkyWater before the deal closed.
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