IonQ, Inc. (IONQ) Stock Price & Analysis

IonQ, Inc. (IONQ) closed at USD 31.16 on Thursday, October 22, 2026, down 3.47% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 32.28; the Oct 22, 2026 session ranged USD 30.7–32.34 on volume of 18,900,371 shares. Market capitalization is $12.62B, with a 52-week range of USD 25.89–73.65 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:47 UTC.

Also available as compact Markdown for AI agents: nexqual.com/IONQ.md

Key facts (IONQ)

• Last four reported quarters (through Jun 30, 2026): revenue $246M, net income -$1.36B (-553.3% margin), free cash flow -$484M (SEC filings).
• Insider open-market sales, last ~7 months: 5 Form 4 filings, $791K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Analysts: Buy (mean 2.07 on a 1–5 scale) (14 analysts), mean target USD 64.06 (range 41.85–100).
• Total return with dividends: 1Y -47.5% vs S&P 500 +14.9%; 5Y +222.6% vs S&P 500 +80.3%.
• Next earnings: 2026-11-05, EPS estimate USD -0.8, revenue estimate $141M.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IONQ)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (IONQ)

P/S 51.2x · P/B 3.8x · FCF yield -3.83% · Earnings yield -10.80%

Insider sales (SEC Form 4, open-market, last ~7 months) (IONQ)

5 of 5 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (IONQ)

Consensus Buy (mean 2.07 on a 1–5 scale), 14 analysts; mean target USD 64.06 (low 41.85, high 100).

Rating changes, last 120 days:

Total return (dividends reinvested) (IONQ)

IONQ revenue by product line (quarter ended Jun 30, 2026)

IONQ revenue by region (quarter ended Jun 30, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

IONQ suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 25, 2026.

IONQ customer concentration

In the period ended Jun 30, 2026, a single direct customer accounted for 33% of revenue, per the company's 10-Q filed Aug 10, 2026. The company does not name it.

IONQ analyst estimates and revisions

Key Statistics (as of October 23, 2026 at 09:47 UTC)

Technical Analysis (IONQ)

Nexqual's technical model rates IONQ "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:47 UTC.

Analyst Ratings (IONQ)

Wall Street analysts rate IONQ "Buy" based on 14 analysts, with a mean price target of USD 64.06 (range USD 41.85–100), per Nexqual as of October 23, 2026 at 09:47 UTC.

Earnings (IONQ)

Recent Earnings History

Source: Nexqual, October 23, 2026 at 09:47 UTC.

Financials & Fundamentals (IONQ)

Source: Nexqual, October 23, 2026 at 09:47 UTC.

Financial Health Score (IONQ)

Nexqual rates IonQ, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:47 UTC.

Ownership (IONQ)

Source: Nexqual, October 23, 2026 at 09:47 UTC.

Leadership (IONQ)

IonQ, Inc. is led by Niccolo Mcleod de Masi, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 09:47 UTC.

Major Backers & Investors (IONQ)

Notable institutional backers of IonQ, Inc. include Morgan Stanley, UBS Group AG, Bank of America Corporation, according to Nexqual as of October 23, 2026 at 09:47 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 23, 2026 at 09:47 UTC.

From IonQ, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)

Key Strengths & Strategy (as disclosed to the SEC)

• We believe that we will find solutions to these challenges and that our proprietary technology and architecture and the technology exclusively available to us through exclusive license agreements will offer advantages both in terms of research and development as well as the ultimate product we wish to offer customers.
• We intend to form long-term partnerships with select industry-leading companies (aligned with our technology roadmap) to co-develop end-to-end solutions for the partner and to provide an early-adopter advantage to the partner in their industry.
• We believe that our proprietary technology, our architecture and the technology exclusively available to us through license agreements will offer us advantages both in research and development and in the commercial value of our product offerings.
• We currently make access to our quantum computers available through three major cloud platforms, Amazon Web Services', or AWS's, Braket, Microsoft's Azure Quantum and Google's Cloud Marketplace, and also to select customers via our own cloud service.

Partnerships

• In a 2025 update of the previously referenced publicly available report, the third-party consulting firm detailed over $50 billion in total government and private investment in quantum technology and estimated up to $2 trillion in economic value from quantum computing in the next ten years.
• Beyond offering this vast suite of quantum products and services, we also aim to broaden the quantum ecosystem by working with key institutions, such as our partnership, announced in November 2025, with the University of Chicago to expand quantum research.

Legal & Regulatory Risks (Item 1A, quoted)

• We may face, and in certain circumstances have faced, legal, administrative and regulatory proceedings, claims, demands and/or investigations involving stockholders, customers, competition and/or other issues relating to our business.
• We may become subject to product liability claims, which could harm our financial condition and liquidity if we are not able to successfully defend or insure against such claims.
• We may become subject to product liability claims, even those without merit, which could harm our business prospects, operating results, and financial condition.
• Our satellite operations depend on regulatory approvals, and any delays, denials, or changes in policy could harm our business, operations and financial results.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:47 UTC. This page is informational and not investment advice.

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