Company Performance - IonQ, Inc. closed at $28.90, reflecting a +1.8% increase from the previous day, outperforming the S&P 500's gain of 0.74% [1] - The company's shares gained 20.04% over the previous month, significantly outperforming the Computer and Technology sector, which saw a loss of 6.23%, and the S&P 500, which lost 4.77% [1] Upcoming Earnings - IonQ is set to disclose its earnings on May 7, 2025, with an anticipated EPS of -$0.27, representing a 42.11% decline compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $7.5 million, down 1.06% from the previous year [2] Full Year Estimates - For the full year, Zacks Consensus Estimates project an EPS of -$1.05 and revenue of $85 million, indicating increases of +32.69% and +97.34% respectively from the prior year [3] Analyst Estimates and Stock Performance - Recent changes in analyst estimates for IonQ should be noted, as they reflect short-term business trends and can indicate analysts' favorable outlook on the company's health and profitability [3][4] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with 1 ranked stocks historically yielding an average annual return of +25% since 1988 [5] Industry Context - The Computer - Integrated Systems industry, part of the Computer and Technology sector, currently holds a Zacks Industry Rank of 200, placing it in the bottom 20% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
IonQ, Inc. (IONQ) Beats Stock Market Upswing: What Investors Need to Know