IonQ Inc Class A IONQ

Morningstar Rating
$9.71 +1.65 (20.47%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IONQ is trading at a 659% premium.
Price
$9.70
Fair Value
$85.00
Uncertainty
Extreme
1-Star Price
$562.65
5-Star Price
$7.68
Economic Moat
Hdcx
Capital Allocation

News

Trading Information

Previous Close Price
$8.06
Day Range
$8.5810.00
52-Week Range
$6.2216.60
Bid/Ask
$9.66 / $9.69
Market Cap
$2.08 Bil
Volume/Avg
45.2 Mil / 5.3 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
64.45
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems, and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
Sector
Technology
Industry
Computer Hardware
Stock Style Box
Small Growth
Total Number of Employees
324

Comparables

Valuation

Metric
IONQ
QBTS
ZBRA
Price/Earnings (Normalized)
28.30
Price/Book Value
4.485.78
Price/Sales
64.4516.164.38
Price/Cash Flow
36.55
Price/Earnings
IONQ
QBTS
ZBRA

Financial Strength

Metric
IONQ
QBTS
ZBRA
Quick Ratio
12.270.990.76
Current Ratio
13.151.091.28
Interest Coverage
−42.363.13
Quick Ratio
IONQ
QBTS
ZBRA

Profitability

Metric
IONQ
QBTS
ZBRA
Return on Assets (Normalized)
−18.83%−97.42%6.05%
Return on Equity (Normalized)
−21.19%14.39%
Return on Invested Capital (Normalized)
−23.86%−127.98%10.10%
Return on Assets
IONQ
QBTS
ZBRA

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