Symbols / IONQ $33.31 +0.06%
IONQ Chart
About
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally. It sells access to quantum computers of various qubit capacities. The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS), Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-safe communications and quantum detection systems. It provides contracts associated with the design, development, construction, and sale of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company has a collaboration agreement with University of Chicago. The company was founded in 2015 and is headquartered in College Park, Maryland.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Computer Hardware | Market Cap | 12.25B |
| Enterprise Value | 9.86B | Income | -510.38M | Sales | 130.02M |
| Book/sh | 10.48 | Cash/sh | 6.53 | Dividend Yield | — |
| Payout | 0.00% | Employees | 1132 | IPO | — |
| P/E | — | Forward P/E | -36.52 | PEG | — |
| P/S | 94.20 | P/B | 3.18 | P/C | — |
| EV/EBITDA | -19.40 | EV/Sales | 75.82 | Quick Ratio | 14.85 |
| Current Ratio | 15.50 | Debt/Eq | 0.79 | LT Debt/Eq | — |
| EPS (ttm) | -1.82 | EPS next Y | -0.91 | EPS Growth | — |
| Revenue Growth | 4.29% | Earnings | 2026-05-06 | ROA | -10.42% |
| ROE | -24.40% | ROIC | — | Gross Margin | 42.06% |
| Oper. Margin | -3.46% | Profit Margin | 0.00% | Shs Outstand | 366.64M |
| Shs Float | 359.89M | Short Float | 23.69% | Short Ratio | 3.77 |
| Short Interest | — | 52W High | 84.64 | 52W Low | 18.81 |
| Beta | 2.73 | Avg Volume | 21.33M | Volume | 19.10M |
| Target Price | $65.29 | Recom | Buy | Prev Close | $33.29 |
| Price | $33.31 | Change | 0.06% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$65.29
Mean price target
2. Current target
$33.31
Latest analyst target
3. DCF / Fair value
$-1.07
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$33.31
Low
$35.00
High
$100.00
Mean
$65.29
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2024-08-12 | main | Benchmark | Buy → Buy | $12 |
| 2024-08-09 | main | Goldman Sachs | Neutral → Neutral | $8 |
| 2024-08-08 | main | Craig-Hallum | Buy → Buy | $15 |
| 2024-05-16 | reit | Needham | Buy → Buy | $18 |
| 2024-05-09 | reit | Needham | Buy → Buy | $18 |
| 2024-02-29 | main | Goldman Sachs | Neutral → Neutral | $12 |
| 2024-02-29 | reit | Needham | Buy → Buy | $18 |
| 2023-10-30 | main | Morgan Stanley | Equal-Weight → Equal-Weight | $12 |
| 2023-09-20 | reit | Needham | Buy → Buy | $18 |
| 2023-08-14 | main | Morgan Stanley | Equal-Weight → Equal-Weight | $16 |
| 2023-08-14 | main | Benchmark | Buy → Buy | $20 |
| 2023-08-14 | main | Goldman Sachs | Neutral → Neutral | $14 |
| 2023-08-11 | main | Needham | Buy → Buy | $18 |
| 2023-08-11 | main | Craig-Hallum | Buy → Buy | $21 |
| 2023-07-17 | main | Benchmark | Buy → Buy | $17 |
| 2023-07-13 | down | WestPark Capital | Buy → Hold | — |
| 2023-06-26 | main | Needham | Buy → Buy | $11 |
| 2023-05-12 | reit | Needham | Buy → Buy | $9 |
| 2023-04-26 | init | Morgan Stanley | — → Equal-Weight | $7 |
| 2023-03-31 | reit | Benchmark | — → Buy | $8 |
- D-Wave vs. IonQ Isn’t the Only Quantum Battle — Here’s the Real Race - 24/7 Wall St. Sat, 14 Mar 2026 21
- Oil Shock, Inflation Fears: Impact on Quantum Stocks IONQ, QBTS, RGTI - Yahoo Finance Mon, 16 Mar 2026 18
- IonQ (IONQ) Is Down 7.2% After Cambridge Quantum Innovation Centre Deal Announcement - Has The Bull Case Changed? - simplywall.st Mon, 16 Mar 2026 22
- Clear Street Group Inc. Makes New Investment in IonQ, Inc. $IONQ - MarketBeat Sun, 15 Mar 2026 09
- Better Quantum Computing Stock: Rigetti Computing vs. IonQ - The Motley Fool Sun, 15 Mar 2026 11
- IonQ Stock Slides Despite Big Quantum Partnership Push - TipRanks Sat, 14 Mar 2026 14
- IonQ, the biggest quantum computing company on the stock market, misled investors, short-seller says - Fortune Wed, 04 Feb 2026 08
- IonQ to Acquire SkyWater Technology, Creating the Only Vertically Integrated Full-Stack Quantum Platform Company - IonQ Mon, 26 Jan 2026 08
- Prediction: IonQ Will Be the First Quantum Stock to Prove the Bears Wrong - The Motley Fool Wed, 11 Mar 2026 20
- IonQ Plays Solid Defense: Is It the Only Quantum Computing Stock You Should Buy? - 24/7 Wall St. Wed, 11 Mar 2026 15
- IonQ Stock Falls in 2026 Tech Sell-Off: Should You Buy the Dip or Hold? - Yahoo Finance hu, 12 Mar 2026 18
- 2 Millionaire-Maker Technology Stocks - The Motley Fool ue, 17 Mar 2026 18
- IonQ Expands Global Footprint With South Korea Quantum-HPC Partnership - Benzinga ue, 17 Mar 2026 12
- What IonQ’s Surging Stock Says About the Future of Quantum Computing - Barron's Fri, 27 Feb 2026 08
- IonQ Stock Rises as UK Pledges $2.5B for Quantum Computing - CoinCentral ue, 17 Mar 2026 12
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 2800 | 93352 | — | Sale at price 33.34 per share. | RAYMOND JOHN W. | Director | — | 2026-03-12 00:00:00 | D |
| 1 | 31651 | — | — | Stock Award(Grant) at price 0.00 per share. | CARDILLO ROBERT THOMAS | Director | — | 2026-03-02 00:00:00 | D |
| 2 | 3000 | 115155 | — | Purchase at price 38.38 per share. | TEUBER WILLIAM J JR | Director | — | 2026-02-27 00:00:00 | D |
| 3 | 5165 | 203685 | — | Sale at price 39.44 per share. | CARDILLO ROBERT THOMAS | Director | — | 2026-02-26 00:00:00 | D |
| 4 | 2500 | 28100 | — | Conversion of Exercise of derivative security at price 11.24 per share. | CARDILLO ROBERT THOMAS | Director | — | 2026-02-26 00:00:00 | D |
| 5 | 616 | 19096 | — | Sale at price 31.00 per share. | TOLEDANO GABRIELLE B | Director | — | 2026-02-24 00:00:00 | D |
| 6 | 4427 | — | — | Stock Award(Grant) at price 0.00 per share. | DACIER PAUL T | Officer | — | 2026-02-20 00:00:00 | D |
| 7 | 11556 | — | — | Stock Award(Grant) at price 0.00 per share. | DE MASI NICCOLO M | Chief Executive Officer | — | 2026-02-20 00:00:00 | D |
| 8 | 3708 | — | — | Stock Award(Grant) at price 0.00 per share. | SINGH INDER M. | Chief Operating Officer | — | 2026-02-20 00:00:00 | D |
| 9 | 5000 | 275000 | — | Sale at price 55.00 per share. | CHOU KATHRYN K | Director | — | 2025-12-22 00:00:00 | D |
Financials
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 5.40M | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.08 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -618.42M | -96.69M | -128.17M | -110.28M |
| TotalUnusualItems | 66.71M | -117.11M | -19.21M | 30.14M |
| TotalUnusualItemsExcludingGoodwill | 66.71M | -117.11M | -19.21M | 30.14M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -510.38M | -331.65M | -157.77M | -48.51M |
| ReconciledDepreciation | 82.00M | 18.65M | 10.38M | 5.60M |
| ReconciledCostOfRevenue | 77.49M | 20.60M | 8.11M | 2.94M |
| EBITDA | -551.71M | -213.80M | -147.38M | -80.14M |
| EBIT | -633.72M | -232.46M | -157.75M | -85.75M |
| NetInterestIncome | 10.28M | 18.25M | 19.32M | 7.09M |
| InterestIncome | 56.00M | 18.25M | 19.32M | 7.09M |
| NormalizedIncome | -571.68M | -214.54M | -138.56M | -78.65M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -510.38M | -331.65M | -157.77M | -48.51M |
| TotalExpenses | 763.73M | 275.53M | 179.80M | 96.88M |
| TotalOperatingIncomeAsReported | -633.72M | -232.46M | -157.75M | -85.75M |
| DilutedAverageShares | 280.35M | 213.03M | 202.58M | 197.73M |
| BasicAverageShares | 280.35M | 213.03M | 202.58M | 197.73M |
| DilutedEPS | -1.82 | -1.56 | -0.78 | -0.25 |
| BasicEPS | -1.82 | -1.56 | -0.78 | -0.25 |
| DilutedNIAvailtoComStockholders | -510.38M | -331.65M | -157.77M | -48.51M |
| NetIncomeCommonStockholders | -510.38M | -331.65M | -157.77M | -48.51M |
| NetIncome | -510.38M | -331.65M | -157.77M | -48.51M |
| MinorityInterests | 1.74M | 0.00 | 0.00 | |
| NetIncomeIncludingNoncontrollingInterests | -512.12M | -331.65M | -157.77M | -48.51M |
| NetIncomeContinuousOperations | -512.12M | -331.65M | -157.77M | -48.51M |
| TaxProvision | -44.57M | 59.00K | 48.00K | 0.00 |
| PretaxIncome | -556.69M | -331.59M | -157.72M | -48.51M |
| OtherIncomeExpense | 66.74M | -117.38M | -19.29M | 30.14M |
| OtherNonOperatingIncomeExpenses | 29.00K | -275.00K | -85.00K | 6.00K |
| SpecialIncomeCharges | 0.00 | -4.26M | ||
| RestructuringAndMergernAcquisition | 0.00 | 4.26M | ||
| GainOnSaleOfSecurity | 66.71M | -117.11M | -19.21M | 30.14M |
| NetNonOperatingInterestIncomeExpense | 10.28M | 18.25M | 19.32M | 7.09M |
| TotalOtherFinanceCost | 45.71M | 4.26M | ||
| InterestIncomeNonOperating | 56.00M | 18.25M | 19.32M | 7.09M |
| OperatingIncome | -633.72M | -232.46M | -157.75M | -85.75M |
| OperatingExpense | 686.24M | 254.93M | 171.69M | 93.93M |
| DepreciationAmortizationDepletionIncomeStatement | 82.00M | 18.65M | 10.38M | 5.60M |
| DepreciationAndAmortizationInIncomeStatement | 82.00M | 18.65M | 10.38M | 5.60M |
| ResearchAndDevelopment | 305.70M | 136.83M | 92.32M | 43.98M |
| SellingGeneralAndAdministration | 298.53M | 99.45M | 68.99M | 44.35M |
| SellingAndMarketingExpense | 53.45M | 28.39M | 18.27M | 8.38M |
| GeneralAndAdministrativeExpense | 245.09M | 71.06M | 50.72M | 35.97M |
| OtherGandA | 245.09M | 71.06M | 50.72M | 35.97M |
| GrossProfit | 52.53M | 22.48M | 13.93M | 8.19M |
| CostOfRevenue | 77.49M | 20.60M | 8.11M | 2.94M |
| TotalRevenue | 130.02M | 43.07M | 22.04M | 11.13M |
| OperatingRevenue | 130.02M | 43.07M | 22.04M | 11.13M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 362.59M | 221.92M | 206.61M | 199.86M |
| ShareIssued | 362.59M | 221.92M | 206.61M | 199.86M |
| TotalDebt | 30.02M | 17.73M | 8.11M | 4.05M |
| TangibleBookValue | 1.07B | 344.49M | 469.18M | 558.52M |
| InvestedCapital | 3.80B | 383.86M | 484.99M | 568.21M |
| WorkingCapital | 2.42B | 342.72M | 352.82M | 351.47M |
| NetTangibleAssets | 1.07B | 344.49M | 469.18M | 558.52M |
| CapitalLeaseObligations | 30.02M | 17.73M | 8.11M | 4.05M |
| CommonStockEquity | 3.80B | 383.86M | 484.99M | 568.21M |
| TotalCapitalization | 3.80B | 383.86M | 484.99M | 568.21M |
| TotalEquityGrossMinorityInterest | 3.81B | 383.86M | 484.99M | 568.21M |
| MinorityInterest | 14.18M | 0.00 | ||
| StockholdersEquity | 3.80B | 383.86M | 484.99M | 568.21M |
| GainsLossesNotAffectingRetainedEarnings | -12.67M | 157.00K | -1.97M | -7.36M |
| OtherEquityAdjustments | -12.67M | 157.00K | -1.97M | -7.36M |
| RetainedEarnings | -1.19B | -683.72M | -352.07M | -194.30M |
| AdditionalPaidInCapital | 5.01B | 1.07B | 839.01M | 769.85M |
| CapitalStock | 36.00K | 22.00K | 20.00K | 20.00K |
| CommonStock | 36.00K | 22.00K | 20.00K | 20.00K |
| TotalLiabilitiesNetMinorityInterest | 2.76B | 124.53M | 68.59M | 29.78M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 2.59B | 88.44M | 31.42M | 9.62M |
| OtherNonCurrentLiabilities | 95.17M | 3.39M | 128.00K | 303.00K |
| DerivativeProductLiabilities | 2.47B | 70.69M | 23.45M | 4.66M |
| NonCurrentDeferredLiabilities | 1.92M | 0.00 | 447.00K | 1.20M |
| NonCurrentDeferredRevenue | 1.92M | 0.00 | 447.00K | 1.20M |
| LongTermDebtAndCapitalLeaseObligation | 21.17M | 14.36M | 7.39M | 3.46M |
| LongTermCapitalLeaseObligation | 21.17M | 14.36M | 7.39M | 3.46M |
| CurrentLiabilities | 166.82M | 36.09M | 37.16M | 20.16M |
| OtherCurrentLiabilities | 387.00K | 392.00K | 1.13M | 1.16M |
| CurrentDeferredLiabilities | 42.12M | 10.68M | 12.09M | 8.73M |
| CurrentDeferredRevenue | 42.12M | 10.68M | 12.09M | 8.73M |
| CurrentDebtAndCapitalLeaseObligation | 8.85M | 3.37M | 710.00K | 591.00K |
| CurrentCapitalLeaseObligation | 8.85M | 3.37M | 710.00K | 591.00K |
| PayablesAndAccruedExpenses | 115.86M | 22.04M | 23.98M | 9.71M |
| CurrentAccruedExpenses | 89.72M | 16.81M | 18.38M | 6.66M |
| Payables | 26.14M | 5.23M | 5.60M | 3.06M |
| AccountsPayable | 26.14M | 5.23M | 5.60M | 3.06M |
| TotalAssets | 6.57B | 508.39M | 553.58M | 597.99M |
| TotalNonCurrentAssets | 3.98B | 129.59M | 163.59M | 226.36M |
| OtherNonCurrentAssets | 165.39M | 4.44M | 5.16M | 4.91M |
| InvestmentsAndAdvances | 944.64M | 23.55M | 100.49M | 182.00M |
| GoodwillAndOtherIntangibleAssets | 2.73B | 39.37M | 15.82M | 9.69M |
| OtherIntangibleAssets | 767.43M | 29.47M | 15.08M | 8.94M |
| Goodwill | 1.96B | 9.90M | 742.00K | 742.00K |
| NetPPE | 142.87M | 62.23M | 42.13M | 29.77M |
| AccumulatedDepreciation | -54.35M | -27.61M | -14.60M | -7.46M |
| GrossPPE | 197.22M | 89.84M | 56.73M | 37.23M |
| Leases | 25.72M | 17.92M | 10.04M | 1.13M |
| OtherProperties | 84.42M | 9.47M | 4.61M | 3.75M |
| MachineryFurnitureEquipment | 87.08M | 62.45M | 42.07M | 32.34M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 2.59B | 378.80M | 389.99M | 371.63M |
| OtherCurrentAssets | 25.12M | 2.56M | 2.80M | 3.42M |
| PrepaidAssets | 26.44M | 5.92M | 5.70M | 3.95M |
| Inventory | 57.70M | 17.63M | 12.48M | 5.16M |
| FinishedGoods | 1.06M | |||
| WorkInProcess | 402.00K | |||
| RawMaterials | 56.23M | 17.63M | 12.48M | 5.16M |
| Receivables | 85.03M | 12.41M | 13.58M | 3.29M |
| OtherReceivables | 32.77M | 3.67M | 2.90M | 2.14M |
| AccruedInterestReceivable | 18.49M | 2.22M | 2.11M | |
| AccountsReceivable | 33.76M | 6.52M | 8.56M | 1.15M |
| CashCashEquivalentsAndShortTermInvestments | 2.39B | 340.29M | 355.44M | 355.80M |
| OtherShortTermInvestments | 1.36B | 285.90M | 319.78M | 311.43M |
| CashAndCashEquivalents | 1.03B | 54.39M | 35.66M | 44.37M |
| Line Item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -299.60M | -123.67M | -92.51M | -57.26M |
| IssuanceOfCapitalStock | 3.31B | 0.00 | 0.00 | |
| CapitalExpenditure | -16.42M | -17.99M | -13.70M | -12.56M |
| EndCashPosition | 1.04B | 56.84M | 38.08M | 46.37M |
| BeginningCashPosition | 56.84M | 38.08M | 46.37M | 399.02M |
| EffectOfExchangeRateChanges | 581.00K | 25.00K | -2.00K | 0.00 |
| ChangesInCash | 980.33M | 18.73M | -8.28M | -352.66M |
| FinancingCashFlow | 3.36B | 41.69M | 1.76M | 1.10M |
| CashFlowFromContinuingFinancingActivities | 3.36B | 41.69M | 1.76M | 1.10M |
| NetOtherFinancingCharges | 7.88M | 238.00K | -230.00K | 20.00K |
| ProceedsFromStockOptionExercised | 38.18M | 41.45M | 1.99M | 1.08M |
| NetCommonStockIssuance | 3.31B | 0.00 | 0.00 | |
| CommonStockIssuance | 3.31B | 0.00 | 0.00 | |
| InvestingCashFlow | -2.10B | 82.73M | 68.77M | -309.06M |
| CashFlowFromContinuingInvestingActivities | -2.10B | 82.73M | 68.77M | -309.06M |
| NetOtherInvestingChanges | -4.22M | -5.58M | -5.85M | |
| NetInvestmentPurchaseAndSale | -2.07B | 121.75M | 88.31M | -295.64M |
| SaleOfInvestment | 682.83M | 418.08M | 386.76M | 310.05M |
| PurchaseOfInvestment | -2.76B | -296.33M | -298.44M | -605.69M |
| NetBusinessPurchaseAndSale | 523.00K | -15.45M | 0.00 | -848.00K |
| SaleOfBusiness | 523.00K | |||
| PurchaseOfBusiness | -15.45M | 0.00 | -848.00K | 0.00 |
| NetIntangiblesPurchaseAndSale | -1.67M | -1.29M | -1.05M | -620.00K |
| PurchaseOfIntangibles | -1.67M | -1.29M | -1.05M | -620.00K |
| NetPPEPurchaseAndSale | -16.42M | -17.99M | -13.70M | -9.34M |
| PurchaseOfPPE | -16.42M | -17.99M | -13.70M | -9.34M |
| CapitalExpenditureReported | -3.90M | -4.56M | -2.18M | -1.62M |
| OperatingCashFlow | -283.19M | -105.68M | -78.81M | -44.70M |
| CashFlowFromContinuingOperatingActivities | -283.19M | -105.68M | -78.81M | -44.70M |
| ChangeInWorkingCapital | -109.28M | -13.19M | -12.61M | -2.50M |
| ChangeInOtherWorkingCapital | 811.00K | 1.41M | 4.47M | 3.62M |
| ChangeInOtherCurrentLiabilities | -44.00K | |||
| ChangeInOtherCurrentAssets | -1.68M | |||
| ChangeInPayablesAndAccruedExpense | -254.00K | -1.01M | 5.51M | 2.40M |
| ChangeInAccruedExpense | 7.38M | -411.00K | 3.32M | 1.34M |
| ChangeInPayable | -7.64M | -601.00K | 2.19M | 1.06M |
| ChangeInAccountPayable | -7.64M | -601.00K | 2.19M | 1.06M |
| ChangeInPrepaidAssets | -72.17M | -15.20M | -14.41M | -7.01M |
| ChangeInReceivables | -37.67M | 1.61M | -8.18M | -1.51M |
| ChangesInAccountReceivables | -37.67M | 1.61M | -8.18M | -1.51M |
| OtherNonCashItems | 64.08M | 5.32M | 1.99M | 961.00K |
| StockBasedCompensation | 312.03M | 106.88M | 69.74M | 31.46M |
| AmortizationOfSecurities | -8.32M | -8.80M | -9.75M | -1.58M |
| DeferredTax | -44.87M | 0.00 | 0.00 | |
| DeferredIncomeTax | -44.87M | 0.00 | 0.00 | |
| DepreciationAmortizationDepletion | 82.00M | 18.65M | 10.38M | 5.60M |
| DepreciationAndAmortization | 82.00M | 18.65M | 10.38M | 5.60M |
| OperatingGainsLosses | -66.71M | 117.11M | 19.21M | -30.14M |
| GainLossOnInvestmentSecurities | -66.71M | 117.11M | 19.21M | -30.14M |
| NetIncomeFromContinuingOperations | -512.12M | -331.65M | -157.77M | -48.51M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for IONQ
| Date | User | Broker | Pattern | Type | Position Size | Entry Price | Trade P&L | Status |
|---|