IONQ logo

IonQ, Inc. Stock Price

NYSE:IONQ Community·US$21.2b Market Cap
  • 8 Narratives written by author
  • 4 Comments on narratives written by author
  • 640 Fair Values set on narratives written by author

IONQ Share Price Performance

US$62.80
22.74 (56.76%)
US$72.35
Fair Value
US$62.80
22.74 (56.76%)
13.2% undervalued intrinsic discount
US$72.35
Fair Value
Price US$62.80
AnalystConsensusTarget US$72.35
davidlsander US$85.00
HedgeY US$48.00

IONQ Community Narratives

·
Fair Value US$72.35 13.2% undervalued intrinsic discount

Quantum Networking And Sensing Expansion Will Drive Long Term Platform Demand

4users have liked this narrative
0users have commented on this narrative
58users have followed this narrative
Fair Value
·
Fair Value US$85 26.1% undervalued intrinsic discount

Is IonQ (IONQ) on Course to Become the "Nvidia of Quantum"?

11users have liked this narrative
4users have commented on this narrative
57users have followed this narrative
Fair Value
·
Fair Value US$48 30.8% overvalued intrinsic discount

The Best-Funded Quantum Platform and Still a Stock Priced for Perfection

0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
US$48
30.8% overvalued intrinsic discount
Fair Value
Revenue
24.37% p.a.
Profit Margin
100%
Future PE
67.6x
Price in 2031
US$71.89
US$5.06
1.1k% overvalued intrinsic discount
Fair Value
Profit Margin
9%
Future PE
21.5x
Price in 2031
US$7.53
US$71
11.5% undervalued intrinsic discount
Fair Value
Profit Margin
6.56%
Future PE
389x
Price in 2028
US$94.5
US$85
26.1% undervalued intrinsic discount
Fair Value
Profit Margin
6.42%
Future PE
22.98x
Price in 2030
US$125.04
US$100
37.2% undervalued intrinsic discount
Profit Margin
6.23%
Future PE
1.73kx
Price in 2029
US$126.53
US$47
33.6% overvalued intrinsic discount
Profit Margin
6.19%
Future PE
1.2kx
Price in 2028
US$59.54
US$72.35
13.2% undervalued intrinsic discount
Profit Margin
6.19%
Future PE
1.65kx
Price in 2028
US$91.66

Trending Discussion

Updated Narratives

IONQ logo

Will Aggressive R&D and Hardware Scaling Drive IonQ's Future Growth?

Fair Value: US$75.35 16.7% undervalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
IONQ logo

The Best-Funded Quantum Platform and Still a Stock Priced for Perfection

Fair Value: US$48 30.8% overvalued intrinsic discount
3 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
IONQ logo

IonQ: Exceptional Technology but Valuation Far Ahead of Financial Reality

Fair Value: US$5.06 1.1k% overvalued intrinsic discount
8 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet with slight risk.

4 Risks
2 Rewards

IonQ, Inc. Key Details

US$187.1m

Revenue

US$119.5m

Cost of Revenue

US$67.6m

Gross Profit

-US$240.9m

Other Expenses

US$308.5m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
0.83
36.11%
164.87%
0%
View Full Analysis

About IONQ

Founded
2015
Employees
1132
CEO
Niccolo de Masi
WebsiteView website
www.ionq.com

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.

Recent IONQ News & Updates

Seeking Alpha 11h

IonQ: The Most Complete Pure-Play Quantum Investment

Summary IonQ reported record Q1 FY26 revenues of $65M, raised full-year guidance to $260–270M, and achieved 554% YoY RPO growth to $470M. IONQ’s acquisitions of Oxford Ionics and pending SkyWater Technology position it for exponential scalability, targeting 10,000–20,000 qubits by 2027–2028. With $3B in cash, IONQ is pursuing vertical integration across quantum computing, networking, security, and manufacturing, aiming for a dominant industry lead. Trading at a forward P/S of 79.5 with projected 104% FY25–26 revenue growth, IONQ is viewed as an attractive entry for long-term quantum exposure. Read the full article on Seeking Alpha
Narrative Update Jun 08

Will Aggressive R&D and Hardware Scaling Drive IonQ's Future Growth?

Usage of liquidity allows IonQ to pursue aggressive R&D, scale manufacturing independently, and absorb heavy annual losses without the immediate threat of diluting shareholders just to fund daily operations. Although I maintain my belief in the company's long-term potential as an ecosystem monopoly, I have revised my fair value target down from the $118+ to the $75+ due to the its fundamental metrics on its financial numbers (income-cash flow) in comparison with last year's.

Recent updates

No updates