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IONQ·IonQ Inc

$31.42
-3.31 (-9.53%)
After Hours
High
$35.40
Open
$33.15
Market Cap
14.07B
52W High
$81.21
Low
$31.04
P. Close
$31.42
P/E
-
52W Low
$25.89
Fwd P/E
-26.87
DailyIQ Est.
$72.25
Inst. Ownership
29.2%
Short Interest
10.05%
Days to Cover
1.4
NewEarnings release, scored · filed Aug 5, 2026Guidance raised · tone -6.0 vs prior release · 40 lines scoredSee the breakdown
Technical Score (1D)
4
BEARISH
News Sentiment
67
BULLISH
On Oct 13, 2024, IonQ announced the acquisition of cybersecurity firm Elisity in a $1.3 billion all‑stock transaction, adding Elisity’s threat‑intelligence and cloud‑security capabilities to its quantum‑computing platform. The deal was reported to broaden IonQ’s customer base in finance, defense, and critical infrastructure and to accelerate the commercialization of quantum‑enhanced security products. On Oct 13, 2024, a market analysis article noted that IonQ is developing a potentially transformative quantum technology, though commercial deployment is projected to be years away, and compared the company to Innodata, which had delivered record results and diversified its customer base. On Oct 12, 2024, IonQ’s shares fell 9.07% to $36.27, reducing the company’s market value by about $1.44 billion, a decline partly attributed to broader market pressure on quantum peers. The acquisition includes up to $150 million in earnouts tied to Elisity’s performance, with closing expected in the fourth quarter.
LOW TARGET
$42 +33.2%
2 analysts
MEAN TARGET
$67 +112.1%
9 analysts
HIGH TARGET
$100 +218.3%
11 analysts
PRICE RANGE
$41.85 - $100.00
SB / B / H / S / SS
4/12/4/1/1
DAILYIQ EST.
$72.25 (+129.9%)
Sector
Technology
Industry
Computer Hardware
Exchange
NYQ
Country
United States
Website
ionq.com
Symbol
IONQ
Description
IonQ is a U.S.-based company at the forefront of quantum computing, providing access to its advanced quantum computers with varying qubit capacities. The company's core value proposition lies in its cloud-based accessibility, offering its quantum computing services through major platforms like Amazon Web Services, Microsoft Azure Quantum, and Google Cloud Marketplace, as well as its proprietary cloud service. IonQ differentiates itself by also developing quantum-safe networking solutions and quantum detection systems, including quantum key distribution systems and single-photon detectors. Furthermore, the company engages in collaborative projects, such as its partnership with AstraZeneca, and offers specialized services like hardware design, maintenance, and consulting to facilitate the development of quantum computing applications.
Bought (1Y)
0 shares
$0
Sold (1Y)
68,609 shares
$3.3M
de Masi NiccoloPresident and CEO
Tax Withholding16,121 shares2026-09-11
Singh Inder MCFO & COO
Tax Withholding6,272 shares2026-09-11
DACIER PAUL TCAO, CLO and Secretary
Tax Withholding4,457 shares2026-09-11
Raymond John w-
Sell2,407 shares2026-09-10
Ball Eric R.-
Award/Grant5,540 shares2026-08-24
View full insider trading history →
49/ 100
Neutral / mixed
Overall: Neutral
✓Revenue growing year over year
✕Negative net margin
✕Negative operating cash flow
Net Margin
-392.6%
Current Ratio
15.50x
Return on Equity
-13.4%
View full financials →
Earnings Summary
IonQ is a U.S. quantum‑computing pioneer offering cloud‑based access to its quantum processors and complementary quantum‑safe networking solutions, positioning it within the high‑growth computer hardware sector. In Q4 2025, the company posted a positive EPS of $1.93 against a negative estimate of $-0.333, while revenue rose to $61.89 M from an estimate of $41.19 M, marking a 50.4% revenue increase; Q1 2026 saw EPS of $-0.38 versus an estimate of $-0.3593, a modest miss, and revenue of $64.67 M versus an estimate of $50.73 M, a 27.4% increase. The two‑quarter comparison shows a reversal from a strong earnings beat to a slight EPS miss, but revenue growth remains robust, accelerating from 27.4% to 50.4% year‑over‑year. Historically, IonQ has experienced volatile earnings, with losses in early quarters and a significant EPS turnaround in Q4 2025, yet revenue has consistently grown, achieving record highs in Q2 2026 and Q4 2025. The company has frequently outperformed revenue expectations, though EPS has fluctuated, reflecting the capital‑intensive nature of quantum‑hardware development. Recent news reports a launch of the Superion 256 platform and a raised 2026 revenue outlook of $450–$460 M, underscoring technical milestones; analyst coverage remains mixed, with upgrades and target adjustments reflecting cautious optimism. Forward‑looking watch points include tracking the deployment of the Superion 256, monitoring the company’s adjusted EBITDA trajectory, and observing any further analyst revisions, as these will shape investor perception of IonQ’s path to profitability.

EPS

EstBeatMiss
$-4.41$-2.62$-0.83$0.97$2.76Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$-0.31 - -
Q2'26$-0.29$-0.33-13.3%
Q1'26$-0.36$-0.38-5.8%
Q4'25$-0.33$1.93+679.6%
Q3'25 - $-3.58 -
Q2'25$-0.29$-0.70-139.3%

Revenue

EstBeatMiss
$12M$31M$50M$70M$89MQ2'25Q3'25Q4'25Q1'26Q2'26Q3'26
QtrEstActual+/−
Q3'26$75M - -
Q2'26$67M$80M+20.1%
Q1'26$51M$65M+27.5%
Q4'25$41M$62M+50.2%
Q3'25 - $40M -
Q2'25 - $21M -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

IONQ Stock Snapshot

BEARISH4/100
$31.68+$0.26 (0.8%)
Market cap
14.07B
Day range
$31.04 – $35.40
News sentiment
67/100 · Bullish
Analyst target
$66.63 (+110.3%)
Consensus
Buy · 22 analysts
52-week range+22.4% off low · -61.0% from high
$25.89$81.21
Price $31.68 DailyIQ Est. $72.25

IONQ is on the weaker side of its setup, with little confirmation for a reversal yet. Institutional coverage is thorough here, so shifts in analyst expectations show up in price quickly.

Behaviour On Record

What IONQ's own history says about today's numbers

Realized volatility (21d)
75.2% 44th pct
Below its peak
-57.7%
vs 200-day average
-19.3%
Up days (1y)
44%

IonQ Inc is currently running 75.2% annualised volatility over the last 21 sessions. Measured against IONQ's own 6 years of daily returns rather than a market-wide average, that is the 44th percentile — close to its own typical level, against a typical reading of 79.5%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

IONQ is trading -57.7% below its running peak. Across 5 full years on file, its median worst-drawdown-in-a-year was -52.3%, and the deepest was -82.8% in 2022. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -19.3% from its 200-day moving average. Against every other day in its history, that gap ranks at the 31st percentile — close to the gap it normally carries. Over the past year IONQ closed higher on 44% of sessions, and it is currently 1 session into a rising streak.

On October specifically: over 6 years of records, IONQ finished the month higher 3 of 6 times, with a median return of +4.9% and an average of +17.5%. Its strongest month historically has been November at +37.4% on average, its weakest December at -7.9%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: IONQ has opened more than 2% away from the prior close in 284 of 1,452 sessions (19.6% of the time), with the largest gaps running +18.5% and -10.0%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, IONQ moved an average of 6.0% in the session after earnings, closing higher 1 of those 3 times, with a median move of -1.9% and a largest of +10.9%.

All figures computed from 1,453 daily closes between 2021-01-04 and 2026-10-14, split-adjusted, recomputed daily. Percentiles are against IONQ's own 6-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of IONQ's sector?

IonQ Inc sits in the Software sector, currently ranked 5th of 12 GICS sectors by relative-strength rotation score (weakening).

Sector rank
#5 of 12
Sector state
Weakening
Sector rotation score
73

Options Market

What is the options market pricing for IONQ?

CallsPuts

For IonQ Inc's nearest expiry (2026-10-16, 2 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 3.53), with at-the-money implied volatility around 91.4%. The options market is pricing roughly a ±8.2% move by that expiry — a range of about $33.29–$39.25.

Put/call ratio (2026-10-16)
3.53
ATM implied volatility
91.4%
Total open interest
60,166
Expected move by 2026-10-16
±8.2% ($33.29–$39.25)

Analyst Rating Changes

Are analysts turning bullish or bearish on IONQ?

Rosenblatt most recently reiterated its rating on IonQ Inc to Buy on Oct 13, 2026 with a price target of $100. Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
Rosenblatt — Buy
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Oct 13, 2026RosenblattMaintainedBuy$100
Sep 28, 2026B of A SecuritiesInitiatedBuy$60
Sep 22, 2026WedbushReiteratedOutperform$75
Sep 9, 2026MizuhoMaintainedOutperform$61 → $52
Sep 9, 2026RosenblattMaintainedBuy$100
Sep 9, 2026NeedhamReiteratedBuy$65
Sep 9, 2026Cantor FitzgeraldReiteratedOverweight$70
Aug 6, 2026BenchmarkReiteratedBuy$60
Aug 6, 2026NeedhamReiteratedBuy$65
Aug 6, 2026Cantor FitzgeraldReiteratedOverweight$70
Aug 6, 2026RosenblattMaintainedBuy$100
Jun 22, 2026Northland Capital MarketsMaintainedOutperform$55 → $70

Earnings Release, Scored

What did IonQ Inc's latest earnings release say?

Filed Aug 5, 2026 · SEC Form 8-K, Exhibit 99

Guidance raised
Tone68.4/ 100-6.0 vs prior release
Hedging words0.27per 100 words-0.19 vs prior release
Tone, last 2 releasesScale 50–80

Most important lines

  1. 1

    We are pleased to raise our revenue guidance to a new record level of $290 million at the high end and continue to be confident in delivering organic growth of 100% year-on-year for the full year 2026.”

    Guidance raisedNew this quarter
  2. 2

    Raises Full Year Guidance to between $280 and $290 Million as Remaining Performance Obligations Grow 297% Year-on-Year

    Guidance raised
  3. 3

    For the full year 2026, IonQ is raising its revenue expectations to between $280 million and $290 million.

    Guidance raised

Scores describe the release's wording. They are not a forecast.

Read all 40 scored lines →

Peers & ETF holders

IONQ peers & ETF holders

Computer HardwareMarket cap · today

Top ETF holdersWeight

News Sentiment Analysis

Sentiment gathered from recent headlines

67/100
Strong NegativeNeutralStrong Positive
MODERATELY BULLISH

Recent News Coverage

Most recent articles, ranked by recency (click to expand).

10+ articles
What did this article say?
On October 13, 2024, IonQ announced the purchase of cybersecurity company Elisity in a $1.3 billion stock transaction. The deal adds Elisity’s threat‑intelligence and cloud‑security capabilities to IonQ’s quantum‑computing platform, positioning the company to offer integrated quantum‑secure solutions. The acquisition is expected to broaden IonQ’s customer base in finance, defense, and critical infrastructure, and to accelerate the commercialization of quantum‑enhanced security products.
What did this article say?
The article highlighted IonQ as developing a potentially transformative quantum technology, noting that commercial deployment is projected to be years away. It compared IonQ to Innodata, which had delivered record results and diversified its customer base. IonQ's progress was framed as a positive driver, though the timeline remained uncertain.
What did this article say?
IonQ (IONQ) saw its market value decline by roughly $1.44 billion on October 12, as shares fell 9.07% to $36.27 following the announcement of an all‑stock purchase of Elisity valued at up to $1.3 billion. The deal includes up to $150 million in earnouts tied to Elisity’s performance, with closing expected in the fourth quarter. The share price decline was partly attributed to broader market pressure on quantum peers, indicating the move was not solely driven by the transaction itself.
What did this article say?
On October 13, IonQ announced an all‑stock agreement to acquire Zero Trust security specialist Elisity for up to $1.3 billion. The deal will combine Elisity’s enterprise Zero Trust platform with IonQ’s post‑quantum cryptography and quantum key distribution capabilities, expanding IonQ’s cybersecurity portfolio. The transaction is expected to close in the fourth quarter of 2026, subject to customary conditions and regulatory approval. An earnout of up to $150 million is tied to Elisity’s performance, and the share issuance will be based on a 20‑day volume‑weighted average price of IonQ stock.
What did this article say?
The article projects that IonQ’s annual revenue will exceed $1 billion by 2028, driven by its expanding backlog and diversified platform beyond quantum processors. It highlights the company’s strategy to capture a significant share of the projected $43‑$71 billion quantum computing market by 2035 through trapped‑ion technology and ancillary services such as networking, sensing, cybersecurity, and semiconductor manufacturing. The piece notes that investors are already pricing in this growth, suggesting the forecast is optimistic yet already reflected in the stock price.
What did this article say?
On October 9, IonQ announced it had achieved entanglement rates exceeding 1,000 per second between a trapped ion qubit and a solid‑state memory via a photonic interconnect. The milestone represents the fastest quantum interconnect rate among all platforms and removes a key bottleneck for distributed quantum computing. The company highlighted that the speed is sufficient for practical use cases such as scalable quantum networks and advanced quantum algorithms.
What did this article say?
IonQ announced it had achieved entanglement rates exceeding 1,000 events per second between a trapped‑ion qubit and a solid‑state quantum memory via a photonic interconnect. The milestone represents the fastest quantum interconnect rate reported across all platforms, combining the superior coherence of trapped ions with the efficient light coupling of silicon‑vacancy memories. This development is a critical step toward scalable, networked quantum computing and positions IonQ as a leader in full‑stack quantum infrastructure.
What did this article say?
On October 9, 2026, analysts reported that IonQ’s average brokerage recommendation was 1.50 on a 1–5 scale, indicating a mix of Strong Buy and Buy ratings from 14 firms. Ten of the recommendations were Strong Buy, while one was Buy, giving the stock a net bullish stance. The consensus suggests that investors view IonQ favorably, though the spread of ratings indicates some caution among analysts.
What did this article say?
IonQ’s share price of US$41.34 was examined in light of its recent DARPA Quantum Benchmarking Initiative milestone and other government and enterprise contracts. The analysis compared the company’s market value to its book value, noting that IonQ’s five‑year return of roughly 347% has pressured balance sheet metrics. Analysts debated whether the current price reflects the company’s asset base and future capital needs, highlighting the volatility of sentiment around a single quantum computing story. The piece concluded that IonQ’s valuation remains uncertain, with potential upside or downside depending on future investment and cash generation prospects.
What did this article say?
On October 8, IonQ reported a breakthrough in quantum error correction, achieving the sector’s first end‑to‑end real‑time decoder using a standard CPU. The company also announced a 99.99% two‑qubit fidelity, positioning its trapped‑ion approach as the most accurate in the industry. These technical milestones bolster IonQ’s claim to lead in fault‑tolerant quantum computing and support expectations of future product commercialization. The announcement strengthens the case for IonQ’s continued growth trajectory.

Technical Analysis

Real-time indicators across multiple timeframes

4
BEARISH
Momentum rank against about 1,000 stocks and ETFs for this timeframe.
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Institutional & Hedge Fund Ownership
25 tracked managers · $5.98B combined position · 11 adding, 13 trimming, 1 unchanged (latest 13F filings)
ManagerTrendShares Held% of Co.Position ValueFiled
Vanguard Group Inc▲ Buy34,774,7438.60%$1.56B2026-01-29
Morgan Stanley▲ Buy26,279,3976.50%$1.40B2026-08-13
BlackRock, Inc.▼ Sell20,896,4555.17%$1.11B2026-08-07
Bank of America Corp▲ Buy6,473,0881.60%$344.76M2026-08-14
Geode Capital Management, LLC▼ Sell6,459,9491.60%$343.11M2026-08-12
Norges Bank▲ Buy5,188,9621.28%$276.36M2026-08-12
D. E. Shaw & Co., Inc.▲ Buy2,690,9770.67%$143.32M2026-08-14
Marshall Wace, LLP▲ Buy2,327,4250.58%$123.96M2026-08-13
Northern Trust Corp▼ Sell2,209,6420.55%$117.69M2026-08-13
Millennium Management LLC▲ Buy1,959,3580.48%$104.36M2026-08-14
Goldman Sachs Group Inc▼ Sell1,789,6110.44%$95.31M2026-08-14
Squarepoint Ops LLC▲ Buy1,067,4120.26%$56.85M2026-08-14
Susquehanna International Group, LLP▼ Sell1,052,0660.26%$56.03M2026-08-14
Lansdowne Partners (UK) LLP▲ Buy966,4330.24%$51.47M2026-08-14
Two Sigma Investments, LP▼ Sell805,6470.20%$42.91M2026-08-14
FMR LLC (Fidelity)▼ Sell660,1260.16%$35.16M2026-08-13
Invesco Ltd.▼ Sell514,0890.13%$27.38M2026-08-14
Wells Fargo & Company▼ Sell456,5800.11%$24.32M2026-08-14
JPMorgan Chase & Co▼ Sell346,2540.09%$19.58M2026-08-12
Citigroup Inc▲ Buy225,5780.06%$12.01M2026-08-03
Wellington Management Group LLP▼ Sell216,3370.05%$11.52M2026-08-14
AllianceBernstein L.P.▼ Sell214,0410.05%$6.17M2026-08-14
AQR Capital Management LLC▲ Buy88,8250.02%$4.73M2026-08-14
Cerberus Capital Management, L.P.• Hold127,2010.03%$3.67M2026-05-15
ExodusPoint Capital Management, LP▼ Sell61,5010.02%$3.28M2026-08-14
Q2 2026 flow:16.51M sh bought ($879.26M)17.88M sh sold ($947.11M)net -1.37M sh (−$67.85M)
View full institutional holdings history →
Congressional Trading Activity
1 disclosed trades · ~$8.0K est. traded value · 1 buys, 0 sells
MemberChamberStateTypeAmountTradedFiled
Greg SteubeHouseFL17▲ Buy$1K - $15K2026-03-182026-04-14
View full congressional trading history →

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