IONQ · NYSE · STOCK
IonQ (IONQ) Stock Analysis
$39.93
52W $25.89 – $84.64
62/100
$14.89B
-9.3
3.36
Is IONQ Bullish or Bearish?
Bullish.
Innellis AI committee rates IonQ, Inc. (IONQ) Buy with a composite score of 62/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.36 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -6.64 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Growth Analyst sees a compelling case — revenue growing 370.6% yoy -- genuine top-line momentum. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Revenue growing 370.6% YoY -- genuine top-line momentum — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
- Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
- News sentiment is positive (+0.20 across 86 articles, 14d) — News
Bear Case
- Price-to-book of 23.6x prices in significant intangible value — Value
- MACD histogram negative -- bearish momentum — Technical
- Bollinger bandwidth of 26.0% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
62/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 25%
of 287 Technology peers
Value Analyst
neutral
50
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− Price-to-book of 23.6x prices in significant intangible value
Growth Analyst
bullish
85
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 370.6% YoY -- genuine top-line momentum
Technical Analyst
neutral
48
/ 100 · High confidence
Mixed or range-bound price action
− MACD histogram negative -- bearish momentum
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 26.0% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
64
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.20 across 86 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 60.5 to 61.6.
- Conviction changed from moderate to contested.
- Committee agreement fell notably from 67% to 50%.
- New bearish signals: 1 appeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 1 signal(s) disappeared.
- Analyst(s) changed stance: News Analyst.
Analyst-level changes:
- News Analyst: stance neutral->bullish; score 58->64 (+6); +1 bullish signal(s).
- Risk Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
34.8
Neutral
MACD Histogram
-0.346
Bearish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$38.00
Resistance
$47.84
Bollinger %B
0.34
Inside Bands
Price vs Moving Averages
EMA 9
$41.72
Below
EMA 21
$41.67
Below
EMA 50
$41.85
Below
EMA 200
$43.93
Below
Fundamental Analysis
Valuation
85
Growth
78
Profitability
10
Financial Health
100
Cash Flow
15
Valuation
P/E Ratio
-9.3×
P/B Ratio
4.41×
PEG Ratio
-0.00
Dividend Yield
0.00%
52W High
$84.64
52W Low
$25.89
Quality & Growth
ROE
-1343.3%
ROA
-776.8%
Gross Margin
3628.8%
Operating Margin
-41395.6%
Revenue Growth YoY
—
Debt / Equity
0.02
AI Fundamental Assessment
P/E ratio of -9.3 (inexpensive relative to a 15-40x range); Price-to-book of 4.4x; PEG ratio of -0.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -13.4%; Return on assets of -7.8%; Net margin of -573.6%; Gross margin of 36.3%; Current ratio of 10.66 (healthy short-term liquidity); Debt-to-equity of 0.02; Free cash flow per share is negative (-1.32); Most recent quarter missed estimates by 13.3%; EPS growth accelerating (-117.6% -> +2.9% QoQ); Analyst estimates rising over recent quarters
Get the Full IONQ Analysis
Interactive charts · Live committee votes · Trade plan · Paper trading · AI Q&A
Open in Terminal →