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IONQ

NYSE
Favorable · 66/100

IONQ Inc

Information Technology
Technology

$51.11

4.1%

Updated Today 12:11 PM ET

Report Card

IONQ at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Favorable · 66/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 14.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$18.34B

P/E

56.03x

Forward P/E (est.)

ROE

10.7%

Revenue Growth

334.6%

EPS Growth

Profit Margin

174.9%

FCF Yield

-1.2%

Debt / Equity

0x

ROIC

-10.0%

Interest Coverage

Current Ratio

14.05x

Dividend Yield

Implied Growth (rev. DCF)

Rating Score

66/100

Business Overview
Research

IONQ Inc (IONQ) is a large-cap company in the Technology industry, part of the Information Technology sector of the S&P 500, with a market value around $18.34B.

In its latest reported year it generated about $130.02M in revenue and posted a net loss of $510.38M.

Our model rates IONQ Favorable (66/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what IONQ's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. IONQ trades near $51.11, around its 50-day average ($55.02) and 200-day average ($49.53). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 39 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. IONQ's is $4.55 (~8.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month IONQ found buyers near $48.18 (support) and sellers near $64.90 (resistance); its 52-week range is $25.89–$84.64. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.2× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth

4Y CAGR

180.5%

2/2 checks passedRevenue growingRevenue growth beats sector midpoint
Profitability
Research
2/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

36.1%

Operating Margin

-487.4%

Net Margin

-392.6%

ROE

10.7%

IONQ Inc keeps about 174.9% of each sales dollar as net profit, with a 36.1% gross margin and -487.4% operating margin. Return on equity is 10.7% and return on invested capital about -10.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
3/3 checks passedDebt under 1× equityDebt under 2× equityShort-term bills covered

Total Debt

Net Debt

Net Debt / EBITDA

Debt / Equity

0x

Leverage: debt-to-equity is 0.0x, with a current ratio of 14.1x. That is a conservative balance sheet — a cushion in downturns.

Cash Flow Analysis
Research
0/2 checks passedPositive free cash flowFCF yield above 2%

Operating CF

-$283.19M

Free Cash Flow

-$299.60M

FCF Margin

-230.4%

In the latest year IONQ Inc produced about -$283.19M of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about -1.2% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
2/2 checks passedPositive earnings (P/E meaningful)P/E below sector's upper band

P/E

56.03x

P/S

141.02x

P/B

23.6x

EV / EBITDA

IONQ trades at 56.0x trailing earnings, 141.0x sales, and 23.6x book value. That is a rich multiple that prices in a lot of future growth.

Metrics vs. Sector Range

Where IONQ sits versus its Information Technology sector peers in the S&P 500.

TTM P/E
56.0xFair
Forward P/E
P/S ratio
141.0xExpensive
Revenue growth
334.6%Strong
EPS growth
Gross margin
36.1%Weak
Net margin
174.9%Strong
ROE
10.7%Average

Bands show the middle half (25th–75th percentile) of the 57 Information Technology companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How IONQ stacks up against its Information Technology peers — valuation, profitability, and growth versus the sector median.

In the Information Technology sector (137 S&P 500 companies), IONQ ranks #21 of 137 by our overall rating. It trades at a premium versus the sector on earnings (56x P/E vs. 44.5x median) with a lower return on equity (10.7% vs. 21.1%) and faster revenue growth (334.6% vs. 18.1%).

P/E vs sector

56x

median 44.5x

ROE vs sector

10.7%

median 21.1%

Growth vs sector

334.6%

median 18.1%

Sector rank

#21

of 137 by rating

CompanyP/ERev Gr.Rating
IONQThis stock56x334.6%Favorable· 66
CRCL51.5%Neutral· 50
IOT29.6%Neutral· 48
GIB11.7x7.9%Neutral· 54
DOCN57.3x17.6%Neutral· 47
DT80.2x18.8%Weak· 38
FIGWeak· 29
GWRE70x24.9%Neutral· 52
Information Technology median44.5x18.1%0/100

Valuation vs. quality map

sector medianGIBDOCNDTGWREIONQP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Information Technology companies by sub-industry and size. Sector median is across all 137 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $51.11 today · expected CAGR -46%-41%

Metric20262027202820292030
Revenue$188.52M$273.36M$396.37M$574.74M$833.37M
Net income$5.66M$8.20M$11.89M$17.24M$25.00M
EPS$0.02$0.02$0.03$0.05$0.07
Share price (low)$0.52$0.75$1.08$1.57$2.28
Share price (high)$0.85$1.23$1.78$2.59$3.75
CAGR (low–high)-99% / -98%-88% / -84%-72% / -67%-58% / -53%-46% / -41%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for IONQ:

  • Revenue is growing 334.6% a year, a sign of real demand.
  • High net margins (174.9%) point to pricing power or efficiency.
  • A conservative balance sheet (debt/equity 0.0x) lowers risk.
  • Our model's overall read is Favorable (66/100).
Bear Case

The case against IONQ:

  • A rich 56.0x earnings multiple prices in a lot of growth.
  • Limited free cash flow at today's price.
Key Risks
Research

Valuation risk — at 56.0x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: IONQ Inc is a large-cap information technology business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 56.0x earnings, which our model scores Favorable (66/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

IONQ — frequently asked questions

Is IONQ a good stock to buy?

We don't give buy or sell advice. Our model rates IONQ Inc Favorable (66/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is IONQ's rating on The Stocks School?

IONQ Inc currently scores 66/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does IONQ's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from IONQ Inc's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for IONQ calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this IONQ analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell IONQ. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.