IonQ stock
IONQNYSEIonQ, Inc., TechnologyISIN US46222L1089
43Score 43 out of 100, Weak
Price and trend
44 / 100
Price history
−37% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 18% below it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 56).
The price is 53% below its 52-week high. Largest decline in 6 years: 90% (November 2021 to December 2022).
Chart figures for advanced users
- SMA 50$36.69
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$41.38
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)56
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$26.43
- The lowest closing price of the last twelve months.
- Resistance$72.07
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- IonQ, Inc. belongs to the Computer Hardware industry (United States) and, with a market value of $14.73B, is number 22 of 46 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $130.02M (up 201.9% year on year) and a loss of $510.38M.
- For fiscal 2026, analysts expect on average revenue of $507.84M (up 290.6%) and adjusted earnings per share of −$1.33.
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- MEQIRI Score 43 out of 100 (Weak): rank 720 of 857 in Technology, median 61.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High marginNet margin 53.9% over the last 12 months, Computer Hardware median 4.6%.Profitability 50
- More cash than debtCash $997.91M, financial debt $154.25M.Stability 69
Weaknesses
- DilutionShare count up 46% since 2020.Capital allocation 18
- Volatile share priceVolatility 94% a year over the last 12 months.Stability 69
- Negative free cash flowFree cash flow −$688.54M over the last 12 months.Fundamentals 18
Its standout strength is valuation, while fundamentals and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- weak fundamentals
- high price swings
- price far below its 52-week high
Valuation
Valuation signal
Possible value trapA fair value is not meaningful here, so the signal follows the valuation grade.
Possible value trap: looks cheap, but score below 50, weak balance sheet.
Valuation metrics
The model puts the fair value at more than four times the share price. That says more about the assumptions than about the company, so a fair value is not meaningful here and the valuation relies on the P/E and the other metrics.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In fiscal 2025, revenue rose 202% on the prior year. Revenue has grown strongly since 2021, at around 181% per year. From 2021 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 40%, operating −487%, net −393%. Last 12 months: net 54%. From 2021 revenue is reported differently (for example gross instead of net), so earlier years are not comparable and not shown.
Debt & balance sheet
latest quarterDebt is low; no interest coverage is reported.
Earnings
- Next earnings
- 24 Feb 2027in 104 days
- Last reported
- 5 Nov 2026EPS reported −$0.29 (expected −$0.35)above expectations
Analyst estimates
Analysts have raised their 2026 earnings estimate by 3.4% since 15 Oct 2026.
- Earnings per share
- −$1.33+3.4%
- Revenue
- $507.84M+14.0%
- Earnings per share
- −$1.50−2.5%
- Revenue
- $888.58M+9.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −4.8%2026 revenue guidance raised to $280 to $290 million, about $20 million higher at the top end.
“We had a tremendous quarter, outperforming even our own expectations, and we are raising our full year guidance for IonQ to a range of $280 million to $290 million in revenue.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 5 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 3 insiders sold, $602,780 in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Raymond John wSale
10 Sept 2026, Board
- Shares
- 2,407
- Price
- $37.21
- Value
- $89,564
- Toledano Gabrielle BSale
18 Jun 2026, Board
- Shares
- 2,757
- Price
- $55.01
- Value
- $151,663
- Chou Kathryn K.Sale
18 Jun 2026, Board
- Shares
- 2,757
- Price
- $55.02
- Value
- $151,690
Show 1 more
- Raymond John wSale
18 Jun 2026, Board
- Shares
- 3,815
- Price
- $55.01
- Value
- $209,863
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at IonQ
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 43
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Computer Hardware
The next larger and next smaller companies by market value
- Wistron3231.TW $18.22B61
- Dawning Information Industry603019.SS $17.38B58
- Advantech2395.TW $16.25B74
- Lite-On Technology2301.TW $14.97B67
- Logitech InternationalLOGN.SW $13.82B70
- IEIT SYSTEMS000977.SZ $12.45B58
- QuantinuumQNT $10.68B48
- Pegatron4938.TW $7.84B47
ETFs that hold IonQ
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| VanEck Quantum Computing UCITS ETFQUTM | 7.31% | 0.55% | €675.94M |
| L&G Artificial Intelligence UCITS ETFXMLD | 1.85% | 0.49% | €1.96B |
| HAN-GINS Tech Megatrend Equal Weight UCITS ETF AccT3KE | 0.66% | 0.59% | €96.5M |
Show 5 more
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.16% | 0.43% | €2.48B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.13% | 0.35% | €434.1M |
| Xtrackers Artificial Intelligence & Big Data UCITS ETF 1CXAIX | 0.12% | 0.35% | €7.53B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.10% | 0.45% | €1.53B |
| UBS MSCI USA Select Factor Mix UCITS ETF USD accUSUE | 0.03% | 0.25% | €175.89M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 29 May 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.