QBTS may offer stronger June upside than IONQ as bookings surge, enterprise adoption rises and analyst price targets imply bigger gains.
IonQ's (IONQ) Q1 2026 revenue surged 755% to $64.7 million while remaining performance obligations climbed 554% to $470 million. Commercial customers generated 60% of total revenue, signaling diversification beyond government-backed contracts and experimental pilot programs. IonQ's SkyWater acquisition could accelerate 200,000-qubit system development while strengthening domestic manufacturing and defense positioning.
IonQ (IONQ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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IonQ‘s (NYSE:IONQ | IONQ Price Prediction) shares are up 10% in early Thursday trading, while D-Wave Quantum (NYSE:QBTS) stock is spiking 25% higher.
IONQ's Q1 2026 shows platform pull-through: 60% commercial, 35% international and raised 2026 revenue outlook to $260-$270 million.
IonQ, Inc. has pivoted to a vertically integrated, full-stack quantum platform, expanding into satellite communications and quantum networking. Recent acquisitions—Skyloom, Seed Innovations, and SkyWater—position IONQ as the first to offer a comprehensive quantum ecosystem, targeting commercial and government clients. Q1 2026 revenue surged 755% YoY to $64.7M, with 60% from enterprises/universities and 35% from multi-product sales, but adjusted EBITDA loss reached $96.8M.
RGTI stock dips since Q1 earnings despite soaring revenue growth as investors weigh high spending, long timelines and slow quantum adoption.
IonQ, Inc. stands as the leading pure-play quantum computing company, with recent technological and financial milestones reinforcing its early leadership. IONQ's Q1 revenue surged 754% YoY to $64.7M, with remaining performance obligations up 554% YoY to $470M and a robust $3.1B cash position. Technological progress, especially in networking capabilities and the presale of a 256-qubit system, remains the primary investment driver over near-term financial metrics.
IonQ, Inc. (IONQ) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
IonQ (NYSE:IONQ | IONQ Price Prediction) shares are down roughly 7%, D-Wave Quantum (NYSE:QBTS) stock is off 8%, and shares of Rigetti Computing (NASDAQ:RGTI) and Quantum Computing (NASDAQ:QUBT) are dropping 10%.
IONQ leads quantum peers after Q1 as revenue surges, backlog grows and enterprise adoption expands across commercial markets.