IonQ, Inc.(IONQ)NASDAQ
Stock Overview & Analysis
IonQ, Inc. (IONQ) quick overview 2026-02-20
- The stock is currently trading at $31.90, experiencing a short-term pullback within a declining trend—trading below its 50-day average while below the 200-day.
- Analysts appear optimistic, with a 1-year price target of $74.89 (134.8% upside).
- Volatility is elevated (85.02% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (2.21% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
IonQ, Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $10.77B
P/E Ratio
Forward P/E: -28.36
Revenue Growth
Year over Year
Analyst Target
+134.8% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 32.70)
- Fundamentals say: Mixed signals (nuanced financial profile)
- Future growth will depend on performance in core Computer Hardware operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $28.52M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Computer Hardware.
Trading Range
Over the past year, the stock traded between $17.88 and $84.64—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 85.02% annualized volatility and β=2.60, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
High institutional backing, but elevated short interest signals a potential battleground stock.
Analyst Sentiment
Latest News
Recent headlines and coverage
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A Look At IonQ (IONQ) Valuation After Losses, Short Seller Scrutiny And Quantum Progress
Recent headlines around IonQ (IONQ) have focused on widening losses, heavier administrative and R&D spending, acquisition driven revenue, shareholder dilution, and a short seller report tied to a securities fraud investigation. See our latest analysis for IonQ. IonQ’s recent headlines and the short seller report have come during a sharp pullback, with a 30 day share price return of 34.37% decline and year to date share price return of 28.72% decline. The 3 year total shareholder return is...
Frequently Asked Questions
Common investor questions about IonQ, Inc.
IonQ, Inc. (IONQ) is currently trading at $31.90. The RSI (14-day) is at 32.7, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $74.89 implies 134.8% upside from current levels. Volatility is high at 85.0% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for IonQ, Inc. (IONQ): The trailing P/E ratio is not available (the company may not be profitable). The forward P/E is -28.36. Price-to-Book is 4.66. Price-to-Sales is 146.47. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.
Based on 13 analysts covering IONQ, the consensus price target is $74.89. This represents a 134.8% upside from the current price of $31.90. The range spans from a low target of $47.00 to a high target of $100.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
IonQ, Inc. (IONQ) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for IonQ, Inc. (IONQ) investors include: 1. High volatility (85.0% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Elevated short interest (22.3% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Computer Hardware sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is IonQ, Inc.'s (IONQ) current debt and financial health profile: Total debt stands at $28.52M. The debt-to-equity ratio is 1.25, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 8.73, indicating strong short-term liquidity. The quick ratio is 8.10. The company holds $1.08B in cash and equivalents. Free cash flow is negative at $-10,612,875, which could limit the company's ability to manage debt obligations.