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IonQ shares jump 20% on quantum tech breakthrough and DARPA contract win

Market News
16 Apr 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

IonQ's stock surged 20.16% after announcing a major photonic entanglement breakthrough enabling communication between separate quantum systems and winning a DARPA contract to develop high-speed quantum interconnects for national security. These advances support scalable quantum networks and build on recent commercial sales and partnerships. IonQ also reported strong Q4 2025 revenue of $61.89 million, beating estimates, and expects $225-$245 million revenue in 2026. Analysts remain bullish with a $65.29 price target, while investors watch upcoming Q1 2026 earnings and a pending acquisition.

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