IonQ profitability goals vanish, as analysts project $900 million loss by 2028

A consensus of 13 analysts no longer expects IonQ to reach profitability in the foreseeable future.

Previous projections anticipated the quantum computing firm would break even as early as 2026.

The updated consensus now forecasts a loss exceeding $900 million for the company in 2028.

This revised outlook follows IonQ’s August 5 report of record second-quarter revenue and raised full-year sales guidance.

Analysts expect an extended period of heavy investment and cash burn to delay net income despite rising revenue.