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Upturn AI Summary - About
IONQ Inc(IONQ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IONQ
09/24/2026: IONQ (3-star) is currently NOT-A-BUY. Pass it for now.
IonQ Inc is a pioneer in the quantum computing sector, focusing on developing hardware using trapped-ion technology that is accessible through major cloud platforms. The company has a leading position in hardware accessibility and has successfully secured early-stage enterprise and government partnerships to validate its technology. Its primary growth opportunity lies in scaling its quantum systems to achieve fault-tolerant performance for practical industry applications. However, investors face significant execution risks, high capital requirements, and intense competition from much larger, well-funded technology incumbents. IonQ is best suited for growth-oriented investors with a high risk tolerance who are looking for long-term exposure to the evolution of quantum technology.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company represents a high-upside bet on the nascent quantum computing industry. |
| Momentum investor | Strong fit while signal remains positive | The stock often reacts strongly to technology milestones and sector-wide sentiment. |
| Value investor | Weak fit | The lack of profitability and speculative nature contradicts traditional value principles. |
| Dividend investor | Weak fit | The company is in an aggressive growth phase with no dividend history. |
| Low-risk investor | Weak fit | High volatility and operational uncertainty make this unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to large price swings based on sector news and speculative sentiment. |
| Valuation risk | High | Current valuations are heavily dependent on future technology breakthroughs rather than present cash flow. |
| Competition risk (AI/Quantum incumbents) | Medium / high | Well-capitalized tech incumbents pose a significant threat to market share. |
| Business quality | Medium | The business is early-stage with foundational technology still being proven for large-scale enterprise use. |
| Dividend income | Low / none | Dividends are not part of the current growth-focused strategy. |
| Execution risk | Medium / high | Scaling quantum hardware remains a complex engineering challenge prone to delays. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 337.79% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/24/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 17.23B USD | Price to earnings Ratio - | 1Y Target Price 67.14 |
Price to earnings Ratio - | 1Y Target Price 67.14 | ||
Volume (30-day avg) 21.1M shares | Beta 3.29 | 52 Weeks Range 25.89 - 84.64 | Updated Date 09/24/2026 |
52 Weeks Range 25.89 - 84.64 | Updated Date 09/24/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4.04 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Quantum Computing as a Service (QCaaS) | Subscription and usage-based fees for accessing IonQ's trapped-ion hardware via cloud platforms. | IonQ acts like a utility provider for quantum computing power, charging customers to run algorithms on their machines. |
| Professional Services | Consulting and development work to help enterprises build and integrate quantum algorithms. | The company earns service revenue by helping early-adopter clients figure out how to use quantum tech. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 14.44B | Price to Sales(TTM) 69.92 |
Enterprise Value 14.44B | Price to Sales(TTM) 69.92 | ||
Enterprise Value to Revenue 58.59 | Enterprise Value to EBITDA -10.33 | Shares Outstanding 405.14M | Shares Floating 378.19M |
Shares Outstanding 405.14M | Shares Floating 378.19M | ||
Percent Insiders 0.72 | Percent Institutions 50.6 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About IONQ Inc
Exchange NYSE | Headquarters College Park, MD, United States | ||
IPO Launch date 2021-01-04 | President, CEO & Chairman Mr. Niccolo Mcleod de Masi | ||
Sector Technology | Industry Computer Hardware | Full time employees 1132 | Website https://www.ionq.com |
Full time employees 1132 | Website https://www.ionq.com | ||
IonQ, Inc. develops quantum computing systems in the United States, Switzerland, and Internationally. It sells access to quantum computers of various qubit capacities. The company also makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS), Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. The company engages in quantum-safe communications and quantum detection systems. It provides contracts associated with the design, development, construction, and sale of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. In addition, it provides semiconductor manufacturing services. The company has a collaboration agreement with University of Chicago. The company was founded in 2015 and is headquartered in College Park, Maryland.
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