IonQ, Inc. IONQ
EDP Services · IPO 2021 · data as of November 13, 2026
IonQ, Inc. (IONQ) is a technology company listed in the US with a market value of about $12.5B. In the twelve months to September 30, 2026 it had revenue of $380M and net income of $255M, a net margin of 67.1%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (3/5); the weakest is track record (0/5).
Key numbers: a P/E of 16.7, a 5-year average ROIC of -22%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 53% below the current price.
Score: 1.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Revenue growth above 10% last year
- Profit margin improving
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Liabilities below 60% of assets
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 6 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Revenue | $380M | $130M | $43M | $22M | $1.2B | $2M | $0 |
| Net income | $255M | -$510M | -$332M | -$158M | -$49M | -$106M | -$15M |
| Free cash flow | -$689M | -$300M | -$124M | -$93M | -$54M | -$34M | -$22M |
| EPS (diluted) | $0.64 | $-1.82 | $-1.56 | $-0.78 | $-0.25 | $-0.77 | $-0.13 |
| Net margin | 67.1% | -392.6% | -770.0% | -715.8% | -3.9% | -5058.9% | — |
| ROIC | — | -15.2% | -45.7% | -25.3% | -15.0% | -6.5% | -27.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $54.27, 88% above the current price; targets range from $40.00 to $70.00; the consensus rating is “Strong buy”; expected EPS is $-2.23 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is IonQ’s P/E ratio?
About 16.7, based on the last twelve months of diluted earnings per share.
Is IonQ stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 53% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does IonQ pay a dividend?
Not currently.
Is IonQ a good stock to buy?
We do not give buy or sell advice. IonQ scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.