IonQ Shares Drop 4.49% After 28.1% Monthly Slide Ahead of Q4
IonQ shares plunged 4.49% to $33.61 on February 11, trailing the S&P’s 0.01% decline as the Dow fell 0.13% and Nasdaq 0.16%, following a 28.1% slump over the past month. Analysts forecast Q4 EPS of -$0.48 and revenue of $40.31 M (up 244% YoY) ahead of the February 25 earnings release.
1. February 11 price drop
IonQ closed at $33.61 on February 11, down 4.49% from the prior session, significantly trailing the S&P's 0.01% decline as well as the Dow's 0.13% and Nasdaq's 0.16% losses.
2. One-month underperformance
Shares have fallen 28.1% over the past month, underperforming the Computer and Technology sector's 1.54% drop and the S&P 500's 0.28% decline.
3. Q4 earnings forecast
Analysts expect fourth-quarter EPS of -$0.48, a 48.39% year-over-year improvement, and revenue of $40.31 million, up 244.21% compared with the same quarter last year ahead of the February 25 earnings release.
4. Annual estimates and rating
For fiscal 2026, consensus EPS is -$5.08 (down 225.64% year-over-year) with revenue of $108.45 million (up 151.78%), and the company holds a sell rating while its integrated systems industry sits in the top 16% of all industries.