Talha Qureshi
Wed, July 15, 2026 astatine 9:56 AM CDT 2 min read
IonQ, Inc. (NYSE:IONQ) is expected to merchandise its fiscal Q2 2026 net connected August 5. The Street expects the institution to station gross of astir $66.5 million. During Q1 2026, the institution posted $64.67 cardinal successful revenue, which topped the expectations of $49.79 million. The gross for the 4th grew by 755% year-over-year. Notably, the remaining show obligation, which is the company's backlog, grew by much than 550% to $470 million, with commercialized customers accounting for astir 60% of full revenue.
Management besides raised its full-year guidance to betwixt $260 cardinal and $270 million, up from the erstwhile scope of $225 cardinal to $245 million.
IonQ, Inc. (NYSE:IONQ) is besides pursuing a $1.8 cardinal acquisition of SkyWater Technology to vertically integrate semiconductor manufacturing and accelerate hardware improvement timelines.
IonQ, Inc. (NYSE:IONQ) is engaged successful the quantum computing and networking industry, delivering high-performance systems susceptible of solving analyzable commercialized and probe usage cases.
While we admit the imaginable of IONQ arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 10 Good Stocks to Invest successful Now and 10 Most Undervalued US Stocks According to Hedge Funds.
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