Ionq, Inc. (IONQ)
NYSE:IONQ
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IONQ Stock Chart & Stats
$46.09
-$22.12(-44.60%)
At close: 4:00 PM EST
$46.09
-$22.12(-44.60%)
Day’s Range― - ―
52-Week Range$25.89 - $84.64
Previous CloseN/A
Volume85.05M
Average Volume (3M)33.09M
Market Cap
$21.11B
Enterprise Value$19.95B
Total Cash (Recent Filing)$2.03B
Total Debt (Recent Filing)$30.44M
Price to Earnings (P/E)73.2
Beta3.09
Next Earnings
Aug 12, 2026EPS Estimate
-0.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding373,269,960
10 Day Avg. Volume27,597,090
30 Day Avg. Volume33,092,123
Financial Highlights & Ratios
PEG Ratio-1.48
Price to Book (P/B)3.31
Price to Sales (P/S)96.75
P/FCF Ratio-41.99
Enterprise Value/Market Cap0.95
Enterprise Value/Revenue106.62
Enterprise Value/Gross Profit280.01
Enterprise Value/Ebitda50.85
Forecast
1Y Price Target
$67.44Price Target Upside46.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-0.35
Revenue Forecast (FY)$263.34M
Bulls Say, Bears Say
Bulls Say
Balance-sheet Strength & LiquidityIonQ's large cash and investment balance provides durable funding to sustain heavy R&D, scale manufacturing, and absorb execution setbacks. With very low leverage (debt-to-equity ~0.6%), the company has financial flexibility to execute its merchant-supplier strategy and support multi-quarter investment without immediate refinancing risk.
Revenue Momentum And Backlog VisibilityA materially expanded remaining performance obligations (RPO) and record quarterly revenue indicate durable commercial traction and contract-level visibility. High RPO improves forward revenue predictability, supports capacity planning, and increases the chance that exploratory customers convert to multi-product, longer-term engagements.
Technical Leadership & Ecosystem ValidationThird-party validated performance claims and presales of advanced systems (e.g., 256‑qubit) signal differentiated technology and early product-market fit. Durable technical advantages and ecosystem partnerships increase switching costs, enable commercialization across verticals, and support premium positioning as quantum use cases scale.
Bears Say
Weak Cash GenerationPersistent negative operating cash flow and free cash flow reflect that reported revenue growth currently requires ongoing funding. Over multiple quarters this cash burn necessitates continued reliance on balance-sheet liquidity or external financing, limiting financial optionality and pressuring runway if growth or conversion rates slow.
Structural Unprofitability And High Investment IntensityLarge, reaffirmed adjusted EBITDA losses and R&D spending well above current revenue point to a long path to operating profitability. High structural investment supports tech leadership but depresses margins and requires sustained revenue scale to absorb costs, making near-term operating leverage and margin recovery uncertain.
Regulatory & Integration Risk For SkyWater AcquisitionAn extended antitrust review delays control over critical manufacturing capabilities and the expected merchant-supplier strategy. Protracted regulatory processes and potential conditions can postpone integration benefits, increase transaction costs, and create uncertainty around capacity expansion needed to convert backlog into delivered revenue.
IonQ News
IONQ FAQ
What was Ionq, Inc.’s price range in the past 12 months?
Ionq, Inc. lowest stock price was $25.89 and its highest was $84.64 in the past 12 months.
What is Ionq, Inc.’s market cap?
Ionq, Inc.’s market cap is $21.11B.
When is Ionq, Inc.’s upcoming earnings report date?
Ionq, Inc.’s upcoming earnings report date is Aug 12, 2026 which is in 53 days.
How were Ionq, Inc.’s earnings last quarter?
Ionq, Inc. released its earnings results on May 06, 2026. The company reported $2.07 earnings per share for the quarter, beating the consensus estimate of -$0.462 by $2.532.
Is Ionq, Inc. overvalued?
According to Wall Street analysts Ionq, Inc.’s price is currently Undervalued.
Does Ionq, Inc. pay dividends?
Ionq, Inc. does not currently pay dividends.
What is Ionq, Inc.’s EPS estimate?
Ionq, Inc.’s EPS estimate is -0.54.
How many shares outstanding does Ionq, Inc. have?
Ionq, Inc. has 373,269,960 shares outstanding.
What happened to Ionq, Inc.’s price movement after its last earnings report?
Ionq, Inc. reported an EPS of $2.07 in its last earnings report, beating expectations of -$0.462. Following the earnings report the stock price went down -9.302%.
Which hedge fund is a major shareholder of Ionq, Inc.?
Currently, no hedge funds are holding shares in IONQ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
IonQ Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$67.44 (46.32% Upside)
$67.44 (46.32% Upside)
Blogger Sentiment
Bullish
IONQ Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 25.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Bullish
Bullish news 79%
Bearish news 13%
Bearish news 13%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.69%
12-Months-Change
Fundamentals
Return on Equity
9.08%
Trailing 12-Months
Asset Growth
687.43%
Trailing 12-Months
Company Description
Ionq, Inc.
IonQ, Inc. specializes in the creation of advanced, general-purpose quantum computing systems. The company provides customers with access to its 20-qubit quantum computers. This access is facilitated through prominent third-party cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as directly via IonQ's own proprietary cloud service. Founded in 2015, IonQ, Inc. is headquartered in College Park, Maryland.
IONQ Company Deck
IONQ Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and commercial picture: record revenue, massive YoY growth, materially increased RPO/backlog, expanded commercial and international traction, large cash reserves, and clear technical milestones (256‑qubit presale, tapeouts, validated benchmarks, published fault‑tolerance blueprint). Offsetting factors are sizable near‑term losses (adjusted EBITDA negative), very high R&D spend, some gross‑margin pressure and one‑time expenses tied to the SkyWater arrangement, and execution/regulatory risks around scaling and the SkyWater acquisition. On balance, the scale of revenue, backlog, cash runway, and technical/commercial momentum outweigh the near‑term profitability and execution challenges.View all IONQ earnings summariesIONQ Stock 12 Month Forecast
Average Price Target
$67.44
▲(46.32% Upside)
Technical Analysis
Ownership Overview
0.99% Insiders
13.70% Mutual Funds
10.76% Other Institutional Investors
58.85% Public Companies and Individual Investors