The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 14 | 37.9x | 20.8x | Bottom tier | |
Growth | 97 | 334.6% | 6.1% | Top tier | |
Quality | 27 | -62.6% | 6.6% | Bottom tier | |
Safety | 47 | 0.7x | 0.7x | Around median | |
Capital Return | 43 | — | 2.02% | Around median | |
Momentum | 30 | 38.7% | 4.1% | Bottom tier | |
Sentiment | 48 | 6 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
IonQ is a leader in quantum computing and networking, developing advanced hardware and software such as its fifth-generation system known as Tempo, and its upcoming sixth-generation system based on 256 qubits. The company generates revenue through commercial contracts, providing cloud access, selling edge devices, as well as strategic government partnerships, operating as a commercial supplier of atomic clocks, sensors, and quantum networks. The company also recently announced its intention to acquire the SkyWater facility to accelerate its manufacturing capabilities and secure its supply chain.
In the first quarter of 2026, the company reported record financial results, with revenue reaching $64.7 million, representing a massive 755% growth compared to the same period last year. Commercial customers accounted for 60% of this revenue, while international markets contributed 35%. The company also reported a net income of $805.4 million, although this figure primarily resulted from a non-cash valuation of equity warrants amounting to $1.1 billion. On an operational level, the company recorded an Adjusted EBITDA loss of $96.8 million, which included $12 million in expenses related to the commercial agreement with SkyWater.
Looking ahead, IonQ management raised its full-year 2026 revenue guidance to a range of $260 million to $270 million, projecting 100% organic growth. The company boasts a very strong balance sheet, holding $3.1 billion in cash and investments, which provides it with tremendous financial strength to support its ambitious research and development roadmap, including the transition to the fault-tolerant Walking cat architecture and scaling towards quantum computing systems with 10,000 qubits.
IonQ currently trades at a market capitalization of $15.0 billion and lacks a traditional P/E ratio due to its ongoing operational losses. The stock is currently trading below the average analyst price target of $67.13, with a general consensus recommending a Buy. The most optimistic analysts have set a price target of $85, while the lowest target is $48.5, reflecting both the high growth potential and the volatile nature of the quantum computing sector.
Figures in the text are as of 2026-07-14; the live price is shown at the top of the page.
IonQ achieved record revenue of $64.7 million in the first quarter of 2026, representing a 755% increase compared to the same period last year. The company reported a net income of $805.4 million, but this figure was primarily driven by a $1.1 billion non-cash valuation of equity warrants. On an operational level, the Adjusted EBITDA loss reached $96.8 million, which included $12 million in expenses for the SkyWater agreement.
The planned acquisition of SkyWater, expected to close in the second or third quarter of 2026, significantly accelerates IonQ's manufacturing capabilities. Through their commercial agreement, IonQ completed the fourth design phase for the 256-qubit chip and received the first fully manufactured ion trap prototypes in just one quarter. This partnership is essential for integrating active CMOS design to scale systems toward the seventh generation, which will feature 10,000 qubits.
The Walking cat architecture is the comprehensive blueprint published by IonQ to achieve fully fault-tolerant quantum computing by 2030. This blueprint outlines a manufacturable path to scale systems to millions of physical qubits with logical error rates as low as 1 in a trillion. This architecture leverages IonQ's parallel gate design and its 99.99% two-qubit gate fidelity, providing a clear technological advantage over competing quantum computing technologies.
Automated analysis for informational purposes only — not investment advice.
IonQ is securing strategic and significant government contracts, including a $39 million contract for the Space Development Agency's Halo program to enhance next-generation space communications. The company was also selected for the Missile Defense Agency's Shield contract to provide innovative and rapid capabilities. Furthermore, IonQ's quantum sensors have already been deployed in harsh environments, including aboard a Navy ship and in space on the X-37B spaceplane, highlighting the high readiness levels of its technologies.
The company's management raised its full-year 2026 revenue guidance to range between $260 million and $270 million, which will represent a 100% organic growth compared to the previous year. For the second quarter of 2026 specifically, revenue is expected to range between $65 million and $68 million. However, the company expects to continue investing heavily in research and development, maintaining its Adjusted EBITDA loss guidance between $310 million and $330 million for the year.