IONQ Stock Chart & Stats
$572.79
-$23.21(-3.89%)
At close: 4:00 PM EDT
$572.79
-$23.21(-3.89%)
Day’s Range― - ―
52-Week Range$475.00 - $1,553.00
Previous CloseN/A
Volume1.28K
Average Volume (3M)1.21K
Market Cap
$233.88B
Enterprise Value$8.71K
Total Cash (Recent Filing)$2.03B
Total Debt (Recent Filing)$30.44M
Price to Earnings (P/E)376.4
Beta0.18
Next Earnings
Aug 05, 2026EPS Estimate
-9.7Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares OutstandingN/A
10 Day Avg. Volume1,358
30 Day Avg. Volume1,206
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,209.03Price Target Upside111.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-5.49
Revenue Forecast (FY)$4.69B
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet / LiquidityA $3.1B liquidity stockpile gives IonQ durable financial flexibility to fund multi-year R&D, the SkyWater acquisition and manufacturing scale without near-term financing pressure. This reduces execution risk and supports multi-quarter investment in product development and commercialization.
Revenue Growth & Backlog VisibilityA $470M RPO backlog, growing ~554% YoY, provides durable revenue visibility and conversion runway. Large contracted demand signals commercial adoption, supports resource planning and revenue scaling over several quarters, and reduces short-term demand uncertainty for the core cloud/services business.
Vertical Integration Via SkyWater DealOwning SkyWater creates a U.S.-based, vertically integrated supply chain and merchant-foundry capability, materially strengthening long-term manufacturing control. This structural move reduces external supply risk, shortens development cycles, and can sustainably improve capacity and product roadmaps over multiple quarters.
Bears Say
Negative Operating Cash Flow / BurnSustained negative operating and free cash flow (TTM ~-$401M and -$425M) reflects ongoing cash burn despite strong revenue momentum. Over a 2–6 month horizon this necessitates continued use of cash reserves or financing for operations and capex, limiting strategic optionality if growth slows.
Large Ongoing Adjusted EBITDA LossesReaffirmed adjusted EBITDA losses (Q1 -$96.8M; FY guide -$310M to -$330M) indicate core operations remain far from break-even. Persistent negative EBITDA constrains margin improvement timelines, increases reliance on financing or dilution, and raises execution stakes for converting backlog into profitable scale.
Very High R&D Intensity & Margin VariabilityR&D spending exceeding quarterly revenue demonstrates aggressive, ongoing investment that depresses near-term margins. Combined with reported gross-margin volatility and product-mix swings, sustained R&D intensity can prolong timeline to stable operating profitability and necessitate continued capital deployment.
IONQ FAQ
What was Ionq, Inc.’s price range in the past 12 months?
Ionq, Inc. lowest stock price was $475.00 and its highest was $1553.00 in the past 12 months.
What is Ionq, Inc.’s market cap?
Ionq, Inc.’s market cap is $233.88B.
When is Ionq, Inc.’s upcoming earnings report date?
Ionq, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 7 days.
How were Ionq, Inc.’s earnings last quarter?
Ionq, Inc. released its earnings results on May 06, 2026. The company reported $36.107 earnings per share for the quarter, beating the consensus estimate of -$8.059 by $44.166.
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 -9.7.
How many shares outstanding does Ionq, Inc. have?
Currently, no data Available
What happened to Ionq, Inc.’s price movement after its last earnings report?
Ionq, Inc. reported an EPS of $36.107 in its last earnings report, beating expectations of -$8.059. Following the earnings report the stock price went down -11.434%.
Which hedge fund is a major shareholder of Ionq, Inc.?
Currently, no hedge funds are holding shares in MX: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:
$1,209.03 (111.08% Upside)
$1,209.03 (111.08% Upside)
Blogger Sentiment
Bullish
MX:IONQ Sentiment 74%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-25.19%
12-Months-Change
Fundamentals
Return on Equity
―
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 MX:IONQ earnings summariesIONQ Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$1,209.03
▲(111.08% Upside)
Technical Analysis
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