How high will IonQ stock go in 2026?

While no one has a crystal ball, it's fair to believe that the company could announce promising new partnerships in the coming year, which could lead the stock to soar. It wouldn't be surprising, for instance, if IonQ stock soared more than 200% as it did in 2024.

Why is IonQ stock doing so well?

Investors have rewarded IonQ for the company's success in partnering with the U.S. government and others, which has helped the company generate stronger revenue than its peers.

Is IonQ stock expected to go up?

Most analysts agree that the future for IonQ stock is bright, and shares will rise as the company progresses in developing its quantum computing solutions.

What is the stock price prediction for IonQ in 2030?

There aren't many opinions about where IonQ stock will be in 2030, but it's reasonable to suspect that shares could rise as high as $141.

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IonQ (IONQ) Stock Predictions: What Investors Should Expect in 2026 and Beyond

By Scott Levine – Updated Jan 13, 2026 at 11:55 AM EST | Fact-checked by Frank Bass

Key Points

IonQ leads quantum computing with $68.1M in sales over three quarters.
IonQ projects $108M in sales for 2025, while analysts anticipate $200M by 2026.
Potential for IonQ stock to reach $141 per share by 2030 based on projected $1B sales and P/S ratio adjustment.

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NYSE: IONQ

IonQ

Premium Feature

Moneyball Superscore

63/100

Today's Change

(2.40%) $0.95

Current Price

$40.47

Key Data Points

Market Cap

$16B

Day's Range

$39.45 - $44.43

52wk Range

$25.89 - $84.64

Volume

706.5K

Avg Vol

21.2M

Gross Margin

-3317.96%

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IonQ (IONQ) forecast

After skyrocketing 237% in 2024, IonQ's stock performance was much more modest in 2025. Underperforming the S&P 500, which rose 16.4%, IonQ stock only climbed 7.4% last year.

However, that's not to say the stock can't regain the upward momentum it enjoyed in 2024. The company's continued progress in securing partnerships and achieving technological milestones suggests that IonQ stock has ample potential to skyrocket in the near future.

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2026 forecast

In fiscal 2025, IonQ projects it will generate sales of about $108 million. Looking ahead to fiscal 2026, analysts project the company will report revenue of about $200 million.

Since IonQ is currently unprofitable -- and unlikely to generate a profit in 2026 -- the best approach may involve assessing the stock in terms of the price-to-sales (P/S) ratio. Currently, IonQ stock trades at approximately 154 times trailing sales. In a case where the company reports fiscal 2026 revenue of $200 million, its shares outstanding remain at the current level of 354.28 million, and it's valued at the same 154 P/S multiple, IonQ stock would trade at approximately $87 per share.

Opinions on Wall Street regarding IonQ stock's price targets vary. In mid-December 2025, Wedbush initiated coverage on IonQ stock, setting a price target of $60. Taking a more bullish tack, Jefferies set a $100 price target when it initiated coverage on IonQ stock in December.

2030 forecast

From predictive maintenance solutions for Caterpillar (CAT +1.05%) to researching battery technologies with Hyundai (OTC:HYMTF), and providing quantum computing solutions to the U.S. government for defense applications, IonQ is making headway in finding real-world applications for its quantum computing technology and expects to continue doing so over the next few years. The company's previous CEO, Peter Chapman, said last year that the company believed it would achieve about $1 billion in sales by 2030.

Let's give the company the benefit of the doubt and predict that it reports $1 billion in sales in 2030 and assume it has the same share count of 354.28 million. However, let's also assume that in this scenario, the stock is trading at a much lower P/S ratio of 50. In this case, IonQ stock would be changing hands at about $141.

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Quantum computing — Image source: Getty Images.

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Key drivers of IonQ stock's performance

After completing a merger with a special purpose acquisition company (SPAC), IonQ stock debuted on public markets in 2021. From that time through the end of 2025, shares of IonQ stock have soared more than 387%.

Unsurprisingly, one of the major factors contributing to the stock's rise in the past has been IonQ's success in attracting the U.S. government's interest in the real-world applications of the company's technology. In September 2025, for example, IonQ announced the signing of a memorandum of understanding (MoU) with the U.S. Department of Energy to explore how quantum computing capabilities could enhance communications with space-based assets. During IonQ's third-quarter 2025 conference call in November, management announced that it had approximately $1 billion in proposals submitted and highlighted the company's potential to win large-scale government contracts, such as those for the "Golden Dome" missile defense initiative.

Another factor that has pushed IonQ stock higher is its progress towards achieving a notable 2030 goal. Using trapped ion architecture in its quantum computers -- something that the company believes will make its quantum computers more scalable -- IonQ has targeted 2030 for having a quantum computer capable of 2 million qubits and 80,000 logical qubits by 2030. In September 2025, IonQ announced that its acquisition of Oxford Ionics seemed likely to close, bringing the company closer to achieving its 2030 target. Investors celebrated the news, and shares subsequently soared more than 18% on the announcement.

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IonQ Stock Prediction FAQs

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About the Author

Scott Levine is a contributing Motley Fool stock market analyst covering energy, industrials, technology, and materials. He is also a high school English teacher and a small business owner. He holds a bachelor’s degree in English and creative writing from Binghamton University, a master’s degree in secondary education from Adelphi University, and an advanced certificate in school building leadership from CUNY Queens College. A crossword puzzle enthusiast, he has solved more than 3,100 New York Times puzzles with a 97% solve rate.

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@TMFProudMonkey

Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends IonQ. The Motley Fool has a disclosure policy.

IonQ (IONQ) Stock Predictions: What Investors Should Expect in 2026 and Beyond

Key Points