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IonQ, Inc.

IONQ

Last
$39.82
Day
+0.9%
1y
-49.1%
5y
+425.3%
52w
-53.4%
SPY YTD
+13.3%
XLK
+37.1%
Earnings
2026-11-0425d
EMA 21
41.63
EMA 50
41.83
EMA 200
43.65
20d high
-17.7%
5y high
-53.4%
5y range
45th
Website · 1,132 employees · United States

Positions held

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Add it to see shares, cost, and P&L here.

Score
-12
Hold
avoid
Signal
Sell
Target
$44.48
Stop
$35.26
Stop distance
11.4%
Target vs last
+11.7%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • IonQ is positioned in the rapidly growing quantum computing industry, which is expected to revolutionize various sectors including finance, healthcare, and logistics.
  • Revenue increased by 24% compared to the prior quarter, reaching $80 million.
  • Gross margin improved to 24.9%, up from 23.8% in the previous quarter.
Bear case
  • IonQ faces significant competition from established tech giants and emerging startups in the quantum computing space, which may pressure its market share.
  • The company reported a net income loss of $1.87 billion in Q2 2026.
  • Operating margin remains negative at -421.29% for Q2 2026, indicating ongoing challenges in profitability.

Fundamentals

Market cap$15.98BEnterprise value$12.98BTrailing P/E—Forward P/E-30.52
PEG—Price / book4.52Beta3.36Dividend yield0.00%
Revenue growth2.9%Earnings growth—Gross margin30.9%Operating margin-4.1%
Profit margin0.0%ROE-60.5%ROA-14.5%Debt / equity0.02
Current ratio10.66Free cash flow-$87.77MAnalyst recommendationstrong_buyMean target$66.63
52w high$84.6452w low$25.89

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$80.0M$64.7M$61.9M$39.9M$20.7M—
Op margin-421.3%-419.8%-369.4%-423.5%-776.0%—
Net income-$1.9B$805M$754M-$1.1B-$177M—
Gross margin24.9%23.8%29.6%46.7%59.8%—
Gross profit$19.9M$15.4M$18.3M$18.6M$12.4M—
Operating income-$337M-$272M-$229M-$169M-$161M—
  • Revenue +24% vs prior quarter ($80M vs $65M).
  • Gross margin 24.9% (was 23.8% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$130M$43.1M$22.0M$11.1M—
Op margin-487.4%-539.7%-715.7%-770.3%—
Net income-$510M-$332M-$158M-$48.5M—
Gross margin40.4%52.2%63.2%73.6%—
Gross profit$52.5M$22.5M$13.9M$8.2M—
Operating income-$634M-$232M-$158M-$85.7M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

IONQ · daily-3.2% over 13 sessions
Close EMA21 EMA50 EMA200
38.3840.8743.3745.8748.362026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$1.9B-$1.2B-$531M$137M$805M-776%-358%60%2025-Q22025-Q32025-Q42026-Q12026-Q2