In the latest trading session, IonQ, Inc. (IONQ) closed at $28.90, marking a +1.8% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.74%. At the same time, the Dow added 0.05%, and the tech-heavy Nasdaq gained 1.26%.

Shares of the company witnessed a gain of 20.04% over the previous month, beating the performance of the Computer and Technology sector with its loss of 6.23% and the S&P 500's loss of 4.77%.

Investors will be eagerly watching for the performance of IonQ, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 7, 2025. It is anticipated that the company will report an EPS of -$0.27, marking a 42.11% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $7.5 million, down 1.06% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of -$1.05 per share and a revenue of $85 million, demonstrating changes of +32.69% and +97.34%, respectively, from the preceding year.

Any recent changes to analyst estimates for IonQ, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, IonQ, Inc. is carrying a Zacks Rank of #2 (Buy).

The Computer - Integrated Systems industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 200, which puts it in the bottom 20% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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