--- title: "IonQ Stock Is Soaring Monday: What's Going On?" type: "News" locale: "en" url: "https://longbridge.com/en/news/294720121.md" description: "IonQ stock surged nearly 9% on Monday, driven by sector-wide optimism in quantum computing following a D-Wave deal with AT&T and anticipation of its Q2 earnings. The rally was further supported by Wedbush's $75 price target and the company's recent acquisition of SkyWater Technology. While broader market indices also rose, IonQ outperformed due to investor interest in high-growth tech stocks ahead of the Aug. 5 earnings report." datetime: "2026-08-03T16:37:47.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294720121.md) - [en](https://longbridge.com/en/news/294720121.md) - [zh-HK](https://longbridge.com/zh-HK/news/294720121.md) generator: "portal-rs" --- # IonQ Stock Is Soaring Monday: What's Going On? **IonQ Inc.** (NYSE:IONQ) stock rose nearly 9% on Monday as investors returned to growth stocks and optimism spread across the quantum computing sector. The Nasdaq gained 1.5%, while the S&P 500 advanced 1.23%. The Technology sector also climbed 1.23%, providing additional support for high-growth names such as IonQ. ## D-Wave Deal Boosts Quantum Stocks Investor sentiment improved after rival **D-Wave Quantum Inc.** (NASDAQ:QBTS) recently announced a contract with **AT&T Inc.** (NYSE:T) to help optimize network operations. The agreement lifted shares across the quantum computing space. IonQ also continued to benefit from its recently completed $1.8 billion acquisition of **SkyWater Technology Inc.** (NASDAQ:SKYT), which expands the company’s capabilities into a vertically integrated quantum computing platform. Another catalyst is the company’s upcoming second-quarter earnings report, scheduled for Aug. 5. Investors are positioning ahead of the release, which often increases volatility. Separately, **Wedbush** analyst Matt Bryson assumed coverage of IonQ with an Outperform rating and maintained a $75 price forecast on Monday. ## Momentum Builds Ahead Of Earnings Monday’s rally appeared to be driven by improving market sentiment rather than a single company-specific announcement. Positive market breadth also supported the move, with advancing stocks outnumbering declining issues by roughly 1.8-to-1. IonQ significantly outperformed the broader Technology sector, suggesting investors were adding exposure to higher-beta growth stocks ahead of earnings. Wall Street expects IonQ to report a loss of 60 cents per share, compared with a loss of 70 cents a year ago. Revenue is projected to increase to $66.49 million from $20.69 million. The stock carries a Buy consensus rating with an average analyst price forecast of $61.88. Recent analyst actions include **Wedbush** maintaining a $75 price forecast, **Northland Capital Markets** raising its price forecast to $70 in June and **Rosenblatt** reiterating a $100 price forecast. ## Technical Picture IonQ traded about 6.6% above its 20-day simple moving average of $37.44. However, it remained 20.8% below its 50-day moving average of $50.41 and 13.4% below its 200-day moving average of $46.11. The stock’s relative strength index stood at 49.22, indicating neutral momentum. That suggests the latest move is a rebound rather than an overbought breakout. The longer-term trend remains mixed. The stock is still well below its 52-week high of $84.64 after experiencing both a death cross in February and a golden cross in June. Immediate resistance is near $42, while support is around the $40 level. ## ETF Exposure IonQ is held by several exchange-traded funds, including **the Vanguard Russell 2000 ETF** (NASDAQ:VTWO), **Vanguard Russell 2000 Growth ETF** (NASDAQ:VTWG) and **REX AI Equity Premium Income ETF** (NASDAQ:AIPI). Large fund flows into or out of these ETFs can influence demand for the stock. ## Price Action **IONQ Stock Price Activity:** IonQ shares were up 8.63% at $39.59 at the time of publication on Monday, according to Benzinga Pro data. *Image via Shutterstock* **Read Also: Top Economist Says Mohammed Bin Salman ‘Forced Trump to Back Off’ Iran Strikes With a ‘Credible Threat’ to Unload US Treasuries** ### Related Stocks - [IONQ.US](https://longbridge.com/en/quote/IONQ.US.md) - [SKYT.US](https://longbridge.com/en/quote/SKYT.US.md) - [IONX.US](https://longbridge.com/en/quote/IONX.US.md) - [IONL.US](https://longbridge.com/en/quote/IONL.US.md) - [T.US](https://longbridge.com/en/quote/T.US.md) - [IONZ.US](https://longbridge.com/en/quote/IONZ.US.md) - [IOYY.US](https://longbridge.com/en/quote/IOYY.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [QBTS.US](https://longbridge.com/en/quote/QBTS.US.md) - [VTWO.US](https://longbridge.com/en/quote/VTWO.US.md) - [VTWG.US](https://longbridge.com/en/quote/VTWG.US.md) - [AIPI.US](https://longbridge.com/en/quote/AIPI.US.md) - [IONQ+.US](https://longbridge.com/en/quote/IONQ+.US.md) - [QBTS+.US](https://longbridge.com/en/quote/QBTS+.US.md) - [T-A.US](https://longbridge.com/en/quote/T-A.US.md) - [TBB.US](https://longbridge.com/en/quote/TBB.US.md) - [T-C.US](https://longbridge.com/en/quote/T-C.US.md) ## Related News & Research - [IonQ Publishes World’s First Fully Compiled, End-to-End Blueprint for Breaking 256-Bit Elliptic-Curve Signatures | IONQ Stock News](https://longbridge.com/en/news/298313894.md) - [IonQ (NYSE:IONQ) Insider Sells $89,564.47 in Stock](https://longbridge.com/en/news/298781911.md) - [IonQ Investor Day Unveils Superion Roadmap, SkyWater-Powered Growth Strategy](https://longbridge.com/en/news/298436070.md) - [IonQ (IONQ) Prepares Multiyear Forecasts, Is The Stock Still Undervalued?](https://longbridge.com/en/news/298123182.md) - [Cantor Fitzgerald Reaffirms Overweight Rating for IonQ (NYSE:IONQ)](https://longbridge.com/en/news/298455009.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**