---
title: "IonQ Stock Climbs Ahead of Q1 Earnings as Wall Street Sees 23% Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285352122.md"
description: "IonQ Inc. (IONQ) is set to release its Q1 earnings report, with Wall Street optimistic about the stock's performance. Year-to-date, the stock has risen nearly 7%. Analysts maintain a Moderate Buy rating, with a 12-month price target of $59, indicating a potential upside of about 22.92%. Morgan Stanley raised its price target to $47 while keeping an Equal Weight rating. IONQ shares rose nearly 5% on Tuesday and are up nearly 3% in pre-market trading."
datetime: "2026-05-06T09:54:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285352122.md)
  - [en](https://longbridge.com/en/news/285352122.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285352122.md)
---

# IonQ Stock Climbs Ahead of Q1 Earnings as Wall Street Sees 23% Upside

IonQ Inc. (IONQ) is set to post its Q1 report later today, and Wall Street looks broadly upbeat before the print. The stock has had a solid run in 2026, rising nearly 7% year-to-date.

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Even so, the Street still sees more room for gains. Based on 11 top analysts tracked by TipRanks, IonQ has a Moderate Buy rating, with eight Buy calls, three Hold calls, and no Sell calls. The 12-month price target stands at $59.00, which points to about 22.92% upside from the last price.

Morgan Stanley's top analyst Joseph Moore raised its price target on IonQ to $47 from $37, while keeping an Equal Weight rating on the stock. The firm made the change as part of its look at another week of earnings from the chip group.

That call shows a more balanced view. Morgan Stanley sees more value in IonQ than before, but it is not yet moving to a Buy rating. For a stock tied to quantum tech, that stance makes sense, since growth hopes are high, but proof from sales, cash use, and deal flow still matters.

Meanwhile, IONQ shares rose nearly 5% on Tuesday, closing at $48. Moreover, the stock is moving upwards in pre-market, rising nearly 3%.

### Related Stocks

- [IONQ.US](https://longbridge.com/en/quote/IONQ.US.md)
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## Related News & Research

- [IonQ Stock Consolidates After 15% Jump On Raised 2026 Guidance](https://longbridge.com/en/news/286124540.md)
- [Quantum Stocks Have Been Mostly Hype. IonQ May Be the Real Deal.](https://longbridge.com/en/news/286107235.md)
- [WIM INVESTMENT MANAGEMENT Ltd Invests $3.94 Million in IonQ, Inc. $IONQ](https://longbridge.com/en/news/286408775.md)
- [IONQ vs. RGTI vs. QBTS: Which Quantum Stock Offers the Highest Upside after Q1 Earnings?](https://longbridge.com/en/news/286228185.md)
- [Why IonQ (IONQ) Is Down 13.3% After Raising 2026 Revenue Guidance And Backlog To $470 Million](https://longbridge.com/en/news/286893654.md)