| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
IONQ Stock Overview
IonQ, Inc. engages in the development of general-purpose quantum computing systems.
IonQ Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$4.39 |
| 52 Week High | US$35.90 |
| 52 Week Low | US$4.16 |
| Beta | 0 |
| 1 Month Change | -20.62% |
| 3 Month Change | -67.67% |
| 1 Year Change | -58.11% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -59.35% |
Recent News & Updates
IonQ Is Building The Future Of Computing And Is Only $5/Share, Is It Enough?
IonQ stock has had a terrible year, declining over 71% as of the market close June 17, 2022. The company is pursuing development of practical quantum computing hardware systems, which could revolutionize any number of fields, from pharmaceuticals to finance. IonQ’s trapped-ion technology may have certain advantages over competing approaches. As it is still unknown whether practical quantum computing is even possible, this report considers if investors should consider IonQ with shares trading just over $5.
Shareholder Returns
| IONQ | US Tech | US Market | |
|---|---|---|---|
| 7D | -14.1% | -2.1% | -2.2% |
| 1Y | -58.1% | -2.1% | -21.2% |
Return vs Industry: IONQ underperformed the US Tech industry which returned -2.1% over the past year.
Return vs Market: IONQ underperformed the US Market which returned -21.2% over the past year.
Price Volatility
| IONQ volatility | |
|---|---|
| IONQ Average Weekly Movement | 14.5% |
| Tech Industry Average Movement | 9.3% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: IONQ is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: IONQ's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 97 | Peter Chapman | https://www.ionq.com |
IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 20 qubits. The company 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.
IonQ Fundamentals Summary
| IONQ fundamental statistics | |
|---|---|
| Market Cap | US$869.84m |
| Earnings (TTM) | -US$103.08m |
| Revenue (TTM) | US$3.93m |
221.6x
P/S Ratio-8.4x
P/E RatioIs IONQ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IONQ income statement (TTM) | |
|---|---|
| Revenue | US$3.93m |
| Cost of Revenue | US$1.38m |
| Gross Profit | US$2.55m |
| Other Expenses | US$105.62m |
| Earnings | -US$103.08m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.52 |
| Gross Margin | 64.81% |
| Net Profit Margin | -2,624.85% |
| Debt/Equity Ratio | 0% |
How did IONQ perform over the long term?
See historical performance and comparisonValuation
Is IONQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IONQ?
Other financial metrics that can be useful for relative valuation.
| What is IONQ's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$869.84m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 116.7x |
| Enterprise Value/EBITDA | -9.9x |
| PEG Ratio | n/a |
Price to Book Ratio vs Peers
How does IONQ's PB Ratio compare to its peers?
| IONQ PB Ratio vs Peers |
|---|
| Company | PB | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 1.4x | ||
NNDM Nano Dimension | 0.6x | n/a | US$797.9m |
SSYS Stratasys | 1.3x | 51.6% | US$1.2b |
DDD 3D Systems | 1.5x | -54.5% | US$1.3b |
CRSR Corsair Gaming | 2.2x | 40.0% | US$1.3b |
IONQ IonQ | 1.5x | 2.6% | US$869.8m |
Price-To-Book vs Peers: IONQ is expensive based on its Price-To-Book Ratio (1.5x) compared to the peer average (1.4x).
Price to Earnings Ratio vs Industry
How does IONQ's PE Ratio compare vs other companies in the US Tech Industry?
Price-To-Book vs Industry: IONQ is expensive based on its Price-To-Book Ratio (1.5x) compared to the US Tech industry average (1.1x)
Price to Book Ratio vs Fair Ratio
What is IONQ's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PB Ratio | 1.5x |
| Fair PB Ratio | n/a |
Price-To-Book vs Fair Ratio: Insufficient data to calculate IONQ's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of IONQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate IONQ's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate IONQ's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IONQ's PEG Ratio to determine if it is good value.
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Future Growth
How is IonQ forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
2.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IONQ is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: IONQ is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: IONQ is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: IONQ's revenue (58.8% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: IONQ's revenue (58.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IONQ is forecast to be unprofitable in 3 years.
Discover growth companies
Past Performance
How has IonQ performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-428.7%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: IONQ is currently unprofitable.
Growing Profit Margin: IONQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if IONQ's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare IONQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IONQ is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (67.6%).
Return on Equity
High ROE: IONQ has a negative Return on Equity (-17.48%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is IonQ's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: IONQ's short term assets ($422.3M) exceed its short term liabilities ($11.4M).
Long Term Liabilities: IONQ's short term assets ($422.3M) exceed its long term liabilities ($26.3M).
Debt to Equity History and Analysis
Debt Level: IONQ is debt free.
Reducing Debt: IONQ has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IONQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: IONQ has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 48.1% each year
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Dividend
What is IonQ current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate IONQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate IONQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if IONQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if IONQ's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as IONQ has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Peter Chapman (60 yo)
0.83
Tenure
US$364,500
Compensation
Mr. Peter Chapman is President, Chief Executive Officer & Director of IonQ, Inc. from September 2021. From September 2014 to May 2019, Mr. Chapman served as a director of engineering for Amazon Prime at Am...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD364.50K) is below average for companies of similar size in the US market ($USD4.03M).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: IONQ's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: IONQ's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
IonQ, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: IonQ, Inc.
- Ticker: IONQ
- Exchange: NYSE
- Founded: 2015
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: US$869.837m
- Shares outstanding: 198.14m
- Website: https://www.ionq.com
Number of Employees
Location
- IonQ, Inc.
- 4505 Campus Drive
- College Park
- Maryland
- 20740
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/03 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.