IonQ Stock Rallies After Guidance Surge, Launches Superion 256 Platform
TLDR
- IonQ raised its 2026 revenue guidance to $450M-$460M, up from $280M-$290M, a roughly 60% increase.
- Most of the raise comes from SkyWater Technology, the chip foundry IonQ acquired on July 31.
- IonQ launched its sixth-generation quantum platform, Superion 256, with customer deliveries expected in 2027.
- B. Riley analyst Craig Ellis reiterated a Buy rating with a $100 price target, citing improved revenue visibility.
- Wall Street has a Strong Buy consensus on IONQ with an average price target of $69.44, implying 71.6% upside.
IonQ stock rose about 2.4% on Tuesday, trading near $44, after the company raised its full-year 2026 revenue guidance to a range of $450 million to $460 million. Thatโs up from the $280 million to $290 million range issued just last month.
The stock came into the session with a market cap of roughly $15.7 billion. After the move, it sits at around $17 billion.
The headline number looks impressive. But the raise is almost entirely driven by SkyWater Technology, the chip foundry IonQ finished buying on July 31 for about $1.8 billion in a cash-and-stock deal.
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