Stock Analiz

IonQ, Inc. IONQ

EDP Services · IPO 2021 · data as of November 13, 2026

$28.88Market cap $12.5B
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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

Value2/5
Future growth3/5
Track record0/5
Financial health2/5
Shareholder returns0/5

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

P/E (TTM)16.7
Forward P/E—
P/FCF—
P/S32.8
P/B2.5
EV/EBITDA—
PEG—
Dividend yield0.00%
FCF yield-5.5%
Shareholder yield0.0%
Intrinsic value vs. price−53%

Growth and quality

Revenue growth (1 yr)201.8%
Revenue growth (5 yrs, per year)—
EPS growth (5 yrs, per year)—
FCF growth (3 yrs, per year)—
Net margin (5-yr avg.)-1388.2%
ROIC (5-yr avg.)-21.5%
Profitable years (of last 10)0
Years paying a dividend—

Financials, last 6 years

Fiscal yearTTM202520242023202220212020
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 margin67.1%-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.

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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.