Symbols / IONQ
IONQ Chart
About
IonQ, Inc. develops quantum computers and networks in the United States. 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) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-safe networking and quantum detection systems. It offers quantum key distribution systems, quantum random number generators, and single-photon detectors. In addition, 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 AstraZeneca PLC for the development of quantum-accelerated computational chemistry workflow for healthcare, life sciences, and chemistry. The company was incorporated in 2015 and is headquartered in College Park, Maryland.
Fundamentals
Scroll to Statements| Sector | Technology | Industry | Computer Hardware | Market Cap | 11.36B |
| Enterprise Value | 10.16B | Income | -1.47B | Sales | 79.84M |
| Book/sh | 6.99 | Cash/sh | 3.06 | Dividend Yield | — |
| Payout | 0.00% | Employees | 407 | IPO | — |
| P/E | — | Forward P/E | -27.55 | PEG | — |
| P/S | 142.33 | P/B | 4.52 | P/C | — |
| EV/EBITDA | -24.91 | EV/Sales | 127.30 | Quick Ratio | 8.10 |
| Current Ratio | 8.73 | Debt/Eq | 1.25 | LT Debt/Eq | — |
| EPS (ttm) | -5.84 | EPS next Y | -1.15 | EPS Growth | — |
| Revenue Growth | 221.50% | Earnings | 2026-02-25 | ROA | -11.77% |
| ROE | -107.76% | ROIC | — | Gross Margin | 52.29% |
| Oper. Margin | -4.23% | Profit Margin | 0.00% | Shs Outstand | 359.36M |
| Shs Float | 347.75M | Short Float | 22.31% | Short Ratio | 4.01 |
| Short Interest | — | 52W High | 84.64 | 52W Low | 17.88 |
| Beta | 2.60 | Avg Volume | 19.46M | Volume | 14.95M |
| Target Price | $73.12 | Recom | Buy | Prev Close | $30.78 |
| Price | $31.62 | Change | 2.73% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$73.12
Mean price target
2. Current target
$31.62
Latest analyst target
3. DCF / Fair value
$-0.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$31.62
Low
$35.00
High
$100.00
Mean
$73.12
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 |
- IONQ or QBTS: Which Stock Has the Edge Ahead of Q4 Earnings This Week? - Zacks Investment Research ue, 24 Feb 2026 18
- 2 Unstoppable Growth Stocks That Could Soar 117% and 125% in 2026, According to Wall Street Analysts - The Motley Fool ue, 24 Feb 2026 19
- Commit To Buy Ionq At $15, Earn 15.1% Annualized Using Options - Nasdaq Mon, 23 Feb 2026 17
- IonQ stock gains after winning defense contract eligibility - Investing.com Mon, 23 Feb 2026 22
- IonQ & D-Wave Fall More than 5% Last Week While Rigetti Leads Quantum Stocks - Yahoo Finance Mon, 23 Feb 2026 14
- IonQ (IONQ) Insider Filings Show Routine Stock Vesting, While Analysts See 137% Upside - TipRanks Mon, 23 Feb 2026 11
- 2 Quantum Computing Stocks That Could Make a Millionaire - The Motley Fool Sun, 22 Feb 2026 19
- QBTS vs. IONQ: Which Quantum Stock Is the Better Bet Ahead of Earnings? - TipRanks Sun, 22 Feb 2026 11
- IONQ Stock Pops on Winning Defense SHIELD Contract - TipRanks ue, 24 Feb 2026 06
- IonQ to Acquire SkyWater Technology, Creating the Only Vertically Integrated Full-Stack Quantum Platform Company - IonQ Quantum Computing Mon, 26 Jan 2026 08
- IONQ Stock Q4 Earnings on Deck – Options Traders Brace for 13% Price Swing - TipRanks ue, 24 Feb 2026 20
- IonQ, the biggest quantum computing company on the stock market, misled investors, short-seller says - Fortune Wed, 04 Feb 2026 08
- IonQ (NYSE:IONQ) Stock Price Up 2.7% - Should You Buy? - MarketBeat ue, 24 Feb 2026 22
- Quantum Computing Stocks: Will Earnings, 2026 Outlooks Reignite Momentum? - Investor's Business Daily Mon, 23 Feb 2026 13
- Institutional Investors and Hedge Funds Sent an Unmistakable Message to Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum - The Globe and Mail Wed, 25 Feb 2026 10
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 5000 | 275000 | — | Sale at price 55.00 per share. | CHOU KATHRYN K | Director | — | 2025-12-22 00:00:00 | D |
| 1 | 5000 | 23050 | — | Conversion of Exercise of derivative security at price 4.61 per share. | CHOU KATHRYN K | Director | — | 2025-12-22 00:00:00 | D |
| 2 | 20000 | 1027980 | — | Sale at price 51.40 per share. | CHOU KATHRYN K | Director | — | 2025-12-11 00:00:00 | D |
| 3 | 20000 | 92200 | — | Conversion of Exercise of derivative security at price 4.61 per share. | CHOU KATHRYN K | Director | — | 2025-12-11 00:00:00 | D |
| 4 | 100000 | 4689060 | — | Sale at price 46.89 per share. | ALAMEDDINE RIMA | Officer | — | 2025-11-20 00:00:00 | D |
| 5 | 83700 | — | — | Stock Award(Grant) at price 0.00 per share. | RAYMOND JOHN W. | Director | — | 2025-11-17 00:00:00 | D |
| 6 | 2000 | 109630 | — | Purchase at price 54.82 per share. | TEUBER WILLIAM J JR | Director | — | 2025-11-11 00:00:00 | D |
| 7 | 274947 | — | — | Stock Award(Grant) at price 0.00 per share. | SINGH INDER M. | Chief Operating Officer | — | 2025-11-10 00:00:00 | D |
| 8 | 75959 | — | — | Stock Award(Grant) at price 0.00 per share. | ACOSTA DEAN P. | Officer | — | 2025-10-06 00:00:00 | D |
| 9 | 3063 | — | — | Stock Award(Grant) at price 0.00 per share. | RAYMOND JOHN W. | Director | — | 2025-09-25 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.00 | 0.00 | 0.00 | 0.00 |
| NormalizedEBITDA | -96.69M | -128.17M | -110.28M | 31.45M |
| TotalUnusualItems | -117.11M | -19.21M | 30.14M | -67.59M |
| TotalUnusualItemsExcludingGoodwill | -117.11M | -19.21M | 30.14M | -67.59M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -331.65M | -157.77M | -48.51M | -106.19M |
| ReconciledDepreciation | 18.65M | 10.38M | 5.60M | 2.55M |
| ReconciledCostOfRevenue | 20.60M | 8.11M | 2.94M | 1.04M |
| EBITDA | -213.80M | -147.38M | -80.14M | -36.14M |
| EBIT | -232.46M | -157.75M | -85.75M | -38.69M |
| NetInterestIncome | 18.25M | 19.32M | 7.09M | 64.00K |
| InterestIncome | 18.25M | 19.32M | 7.09M | 64.00K |
| NormalizedIncome | -214.54M | -138.56M | -78.65M | -38.59M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -331.65M | -157.77M | -48.51M | -106.19M |
| TotalExpenses | 275.53M | 179.80M | 96.88M | 40.79M |
| TotalOperatingIncomeAsReported | -232.46M | -157.75M | -85.75M | -38.69M |
| DilutedAverageShares | 213.03M | 202.58M | 197.73M | 137.61M |
| BasicAverageShares | 213.03M | 202.58M | 197.73M | 137.61M |
| DilutedEPS | -1.56 | -0.78 | -0.25 | -0.77 |
| BasicEPS | -1.56 | -0.78 | -0.25 | -0.77 |
| DilutedNIAvailtoComStockholders | -331.65M | -157.77M | -48.51M | -106.19M |
| NetIncomeCommonStockholders | -331.65M | -157.77M | -48.51M | -106.19M |
| NetIncome | -331.65M | -157.77M | -48.51M | -106.19M |
| NetIncomeIncludingNoncontrollingInterests | -331.65M | -157.77M | -48.51M | -106.19M |
| NetIncomeContinuousOperations | -331.65M | -157.77M | -48.51M | -106.19M |
| TaxProvision | 59.00K | 48.00K | 0.00 | 0.00 |
| PretaxIncome | -331.59M | -157.72M | -48.51M | -106.19M |
| OtherIncomeExpense | -117.38M | -19.29M | 30.14M | -67.56M |
| OtherNonOperatingIncomeExpenses | -275.00K | -85.00K | 6.00K | -4.23M |
| SpecialIncomeCharges | 0.00 | -4.26M | ||
| RestructuringAndMergernAcquisition | 0.00 | 4.26M | ||
| GainOnSaleOfSecurity | -117.11M | -19.21M | 30.14M | -63.33M |
| NetNonOperatingInterestIncomeExpense | 18.25M | 19.32M | 7.09M | 64.00K |
| TotalOtherFinanceCost | 4.26M | |||
| InterestIncomeNonOperating | 18.25M | 19.32M | 7.09M | 64.00K |
| OperatingIncome | -232.46M | -157.75M | -85.75M | -38.69M |
| OperatingExpense | 254.93M | 171.69M | 93.93M | 39.75M |
| DepreciationAmortizationDepletionIncomeStatement | 18.65M | 10.38M | 5.60M | 2.55M |
| DepreciationAndAmortizationInIncomeStatement | 18.65M | 10.38M | 5.60M | 2.55M |
| ResearchAndDevelopment | 136.83M | 92.32M | 43.98M | 20.23M |
| SellingGeneralAndAdministration | 99.45M | 68.99M | 44.35M | 16.97M |
| SellingAndMarketingExpense | 28.39M | 18.27M | 8.38M | 3.23M |
| GeneralAndAdministrativeExpense | 71.06M | 50.72M | 35.97M | 13.74M |
| OtherGandA | 71.06M | 50.72M | 35.97M | 13.74M |
| GrossProfit | 22.48M | 13.93M | 8.19M | 1.06M |
| CostOfRevenue | 20.60M | 8.11M | 2.94M | 1.04M |
| TotalRevenue | 43.07M | 22.04M | 11.13M | 2.10M |
| OperatingRevenue | 43.07M | 22.04M | 11.13M | 2.10M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 221.92M | 206.61M | 199.86M | 195.63M |
| ShareIssued | 221.92M | 206.61M | 199.86M | 195.63M |
| TotalDebt | 17.73M | 8.11M | 4.05M | 4.21M |
| TangibleBookValue | 344.49M | 469.18M | 558.52M | 585.39M |
| InvestedCapital | 383.86M | 484.99M | 568.21M | 591.23M |
| WorkingCapital | 342.72M | 352.82M | 351.47M | 519.93M |
| NetTangibleAssets | 344.49M | 469.18M | 558.52M | 585.39M |
| CapitalLeaseObligations | 17.73M | 8.11M | 4.05M | 4.21M |
| CommonStockEquity | 383.86M | 484.99M | 568.21M | 591.23M |
| TotalCapitalization | 383.86M | 484.99M | 568.21M | 591.23M |
| TotalEquityGrossMinorityInterest | 383.86M | 484.99M | 568.21M | 591.23M |
| StockholdersEquity | 383.86M | 484.99M | 568.21M | 591.23M |
| GainsLossesNotAffectingRetainedEarnings | 157.00K | -1.97M | -7.36M | -148.00K |
| OtherEquityAdjustments | 157.00K | -1.97M | -7.36M | -148.00K |
| RetainedEarnings | -683.72M | -352.07M | -194.30M | -145.79M |
| AdditionalPaidInCapital | 1.07B | 839.01M | 769.85M | 737.15M |
| CapitalStock | 22.00K | 20.00K | 20.00K | 19.00K |
| CommonStock | 22.00K | 20.00K | 20.00K | 19.00K |
| TotalLiabilitiesNetMinorityInterest | 124.53M | 68.59M | 29.78M | 50.80M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 88.44M | 31.42M | 9.62M | 41.11M |
| OtherNonCurrentLiabilities | 3.33M | 128.00K | 303.00K | |
| DerivativeProductLiabilities | 70.75M | 23.45M | 4.66M | 35.93M |
| NonCurrentDeferredLiabilities | 0.00 | 447.00K | 1.20M | 1.53M |
| NonCurrentDeferredRevenue | 0.00 | 447.00K | 1.20M | 1.53M |
| LongTermDebtAndCapitalLeaseObligation | 14.36M | 7.39M | 3.46M | 3.64M |
| LongTermCapitalLeaseObligation | 14.36M | 7.39M | 3.46M | 3.64M |
| CurrentLiabilities | 36.09M | 37.16M | 20.16M | 9.69M |
| OtherCurrentLiabilities | 387.00K | 392.00K | 1.13M | 1.16M |
| CurrentDeferredLiabilities | 10.68M | 12.09M | 8.73M | 3.43M |
| CurrentDeferredRevenue | 10.68M | 12.09M | 8.73M | 3.43M |
| CurrentDebtAndCapitalLeaseObligation | 3.37M | 710.00K | 591.00K | 568.00K |
| CurrentCapitalLeaseObligation | 3.37M | 710.00K | 591.00K | 568.00K |
| PayablesAndAccruedExpenses | 21.65M | 23.98M | 9.71M | 4.53M |
| CurrentAccruedExpenses | 16.42M | 18.38M | 6.66M | 2.65M |
| Payables | 5.23M | 5.60M | 3.06M | 1.88M |
| AccountsPayable | 5.23M | 5.60M | 3.06M | 1.88M |
| TotalAssets | 508.39M | 553.58M | 597.99M | 642.03M |
| TotalNonCurrentAssets | 129.59M | 163.59M | 226.36M | 112.41M |
| OtherNonCurrentAssets | 4.44M | 5.16M | 4.91M | 3.56M |
| InvestmentsAndAdvances | 23.55M | 100.49M | 182.00M | 80.11M |
| GoodwillAndOtherIntangibleAssets | 39.37M | 15.82M | 9.69M | 5.84M |
| OtherIntangibleAssets | 29.47M | 15.08M | 8.94M | 5.84M |
| Goodwill | 9.90M | 742.00K | 742.00K | 0.00 |
| NetPPE | 62.23M | 42.13M | 29.77M | 22.90M |
| AccumulatedDepreciation | -27.61M | -14.60M | -7.46M | -3.44M |
| GrossPPE | 89.84M | 56.73M | 37.23M | 26.35M |
| Leases | 17.92M | 10.04M | 1.13M | 827.00K |
| OtherProperties | 9.47M | 4.61M | 3.75M | 4.03M |
| MachineryFurnitureEquipment | 62.45M | 42.07M | 32.34M | 21.49M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 378.80M | 389.99M | 371.63M | 529.62M |
| OtherCurrentAssets | 2.56M | 2.80M | 3.42M | 6.44M |
| PrepaidAssets | 4.89M | 5.70M | 3.95M | 6.44M |
| Inventory | 18.66M | 12.48M | 5.16M | |
| RawMaterials | 18.66M | 12.48M | 5.16M | |
| Receivables | 12.41M | 13.58M | 3.29M | 707.00K |
| OtherReceivables | 3.67M | 2.90M | 2.14M | 446.00K |
| AccruedInterestReceivable | 2.22M | 2.11M | ||
| AccountsReceivable | 6.52M | 8.56M | 1.15M | 261.00K |
| CashCashEquivalentsAndShortTermInvestments | 340.29M | 355.44M | 355.80M | 522.47M |
| OtherShortTermInvestments | 285.90M | 319.78M | 311.43M | 123.44M |
| CashAndCashEquivalents | 54.39M | 35.66M | 44.37M | 399.02M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -129.25M | -98.36M | -57.26M | -36.56M |
| CapitalExpenditure | -23.57M | -19.55M | -12.56M | -10.02M |
| EndCashPosition | 56.84M | 38.08M | 46.37M | 399.02M |
| BeginningCashPosition | 38.08M | 46.37M | 399.02M | 36.12M |
| EffectOfExchangeRateChanges | 25.00K | -2.00K | 0.00 | |
| ChangesInCash | 18.73M | -8.28M | -352.66M | 362.90M |
| FinancingCashFlow | 41.69M | 1.76M | 1.10M | 603.23M |
| CashFlowFromContinuingFinancingActivities | 41.69M | 1.76M | 1.10M | 603.23M |
| NetOtherFinancingCharges | 238.00K | -230.00K | 20.00K | 572.67M |
| ProceedsFromStockOptionExercised | 41.45M | 1.99M | 1.08M | 30.56M |
| InvestingCashFlow | 82.73M | 68.77M | -309.06M | -213.78M |
| CashFlowFromContinuingInvestingActivities | 82.73M | 68.77M | -309.06M | -213.78M |
| NetInvestmentPurchaseAndSale | 121.75M | 88.31M | -295.64M | -203.76M |
| SaleOfInvestment | 418.08M | 386.76M | 310.05M | 0.00 |
| PurchaseOfInvestment | -296.33M | -298.44M | -605.69M | -203.76M |
| NetBusinessPurchaseAndSale | -15.45M | 0.00 | -848.00K | 0.00 |
| 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 | -17.99M | -13.70M | -9.34M | -7.78M |
| PurchaseOfPPE | -17.99M | -13.70M | -9.34M | -7.78M |
| CapitalExpenditureReported | -3.90M | -4.56M | -2.18M | -1.62M |
| OperatingCashFlow | -105.68M | -78.81M | -44.70M | -26.54M |
| CashFlowFromContinuingOperatingActivities | -105.68M | -78.81M | -44.70M | -26.54M |
| ChangeInWorkingCapital | -13.19M | -12.61M | -2.50M | -202.00K |
| ChangeInOtherWorkingCapital | 1.41M | 4.47M | 3.62M | 1.88M |
| ChangeInOtherCurrentLiabilities | -44.00K | |||
| ChangeInOtherCurrentAssets | -1.68M | |||
| ChangeInPayablesAndAccruedExpense | -1.01M | 5.51M | 2.40M | 2.02M |
| ChangeInAccruedExpense | -411.00K | 3.32M | 1.34M | 1.26M |
| ChangeInPayable | -601.00K | 2.19M | 1.06M | 763.00K |
| ChangeInAccountPayable | -601.00K | 2.19M | 1.06M | 763.00K |
| ChangeInPrepaidAssets | -15.20M | -14.41M | -7.01M | -3.79M |
| ChangeInReceivables | 1.61M | -8.18M | -1.51M | -317.00K |
| ChangesInAccountReceivables | 1.61M | -8.18M | -1.51M | -317.00K |
| OtherNonCashItems | 5.32M | 1.99M | 961.00K | 5.70M |
| StockBasedCompensation | 106.88M | 69.74M | 31.46M | 7.75M |
| AmortizationOfSecurities | -8.80M | -9.75M | -1.58M | |
| DepreciationAmortizationDepletion | 18.65M | 10.38M | 5.60M | 2.55M |
| DepreciationAndAmortization | 18.65M | 10.38M | 5.60M | 2.55M |
| OperatingGainsLosses | 117.11M | 19.21M | -30.14M | 63.86M |
| GainLossOnInvestmentSecurities | 117.11M | 19.21M | -30.14M | 63.86M |
| NetIncomeFromContinuingOperations | -331.65M | -157.77M | -48.51M | -106.19M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for IONQ
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|