Overview
* IonQ Q2 2025 revenue beats analyst expectations
* Net loss for Q2 widens
* Company announces $1.075 bln acquisition of Oxford Ionics to enhance quantum capabilities
Outlook
* IonQ ( IONQ ) expects full-year 2025 revenue between $82 mln and $100 mln
* Company sees third-quarter revenue between $25 mln and $29 mln
* IonQ ( IONQ ) aims for 800 logical qubits by 2027
* Company plans 80,000 logical qubits by 2030
Result Drivers
* ACQUISITIONS - Completed acquisitions of Lightsynq and Capella, enhancing quantum computing and networking capabilities
* PROPOSED ACQUISITION - Announced $1.075 bln acquisition of Oxford Ionics to advance quantum computing roadmap
* DRUG DEVELOPMENT - Achieved 20x speed-up in quantum-accelerated drug development with AstraZeneca, AWS, and NVIDIA
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $20.69 $17.20
Revenue mln mln (6
Analysts
)
Q2 EPS -$0.7
Q2 Net -$177.53
Income mln
Q2 -$160.59
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the it services & consulting peer group is "buy"
* Wall Street's median 12-month price target for IONQ Inc ( IONQ ) is $50.00, about 16% above its August 5 closing price of $42.02
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)