IonQ Inc. (IONQ) stock rose more than 9% Thursday after the quantum computing company detailed two research breakthroughs. A broader rally in technology stocks also supported the move.

The Nasdaq gained 1.68%, while the S&P 500 rose 1.13%.

IonQ Teams With NVIDIA, Synopsys

IonQ said its research presented at IEEE Quantum Week 2026 in Toronto showed potential gains in industrial simulation and quantum optimization.

The company published joint research with Synopsys Inc. (SNPS). The study showed that adding a quantum algorithm to Synopsys' Ansys LS-DYNA software cut industrial simulation processing times by up to 14.6%.

The approach could help reduce computing bottlenecks in complex simulations, including crash tests and jet engine modeling.

In separate research announced Wednesday, IonQ worked with Oak Ridge National Laboratory, NVIDIA Corp. (NVDA) and the University of Tennessee, Knoxville.

The researchers used generative AI to create quantum optimization circuits directly. The method removes a time-consuming parameter-tuning process.

Tests using NVIDIA H200 GPUs and the CUDA-Q platform kept circuit-generation time near 28 seconds as problems became larger. The previous method increased from 34 seconds to more than 11 minutes.

Both studies won Best Paper Awards at IEEE Quantum Week 2026.

Technical Analysis

IonQ is trading about 3% above its 20-day SMA of $39.43 and 50-day SMA of $39.37. However, it remains 14% below its 100-day SMA of $47.22 and 7.5% below its 200-day SMA of $43.89.

The RSI stands at 52.21, indicating neutral momentum.

The 20-day SMA remains above the 50-day SMA. However, the 50-day SMA is still below the 200-day SMA following an August death cross.

Resistance sits near $44.50, close to the 200-day moving-average area. Support is near $37.

Analyst Outlook

IonQ carries a Buy consensus rating and an average price forecast of $67.75 across 15 analysts.

Mizuho maintained an Outperform rating on Sept. 9 and lowered its price forecast to $52. Rosenblatt maintained Buy with a $100 forecast, while Needham maintained Buy with a $65 forecast.

MarketDash Edge Rankings

IonQ has a Momentum score of 8.09 on the MarketDash Edge scorecard. The weak score suggests Thursday's rally has yet to reverse the stock's softer longer-term momentum profile.

IonQ shares remain down 37.92% over the past 12 months.

ETF Exposure

IonQ has a 15.79% weighting in the Corgi Quantum Computing 2x Daily ETF (NASDAQ: XQTM) and a 5.55% weighting in the WisdomTree Quantum Computing Fund ETF (NASDAQ: WQTM). The State Street SPDR FactSet Innovative Technology ETF (NYSE: XITK) has a 1.70% weighting in IonQ.

Price Action

IONQ Stock Price Activity: IonQ shares were up 9.47% at $40.33 at the time of publication Thursday, according to market data.