Financial Survey: IonQ (IONQ) vs. Its Peers

IonQ (NYSE:IONQGet Rating) is one of 78 publicly-traded companies in the “Computer integrated systems design” industry, but how does it contrast to its competitors? We will compare IonQ to related companies based on the strength of its profitability, dividends, institutional ownership, earnings, analyst recommendations, risk and valuation.

Risk and Volatility

IonQ has a beta of 1.64, meaning that its stock price is 64% more volatile than the S&P 500. Comparatively, IonQ’s competitors have a beta of -6.36, meaning that their average stock price is 736% less volatile than the S&P 500.

Profitability

This table compares IonQ and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
IonQ -1,470.75% -9.72% -9.02%
IonQ Competitors -227.66% -33.44% -7.06%

Analyst Recommendations

This is a summary of current ratings and target prices for IonQ and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IonQ 0 1 1 0 2.50
IonQ Competitors 228 1632 2821 51 2.57

IonQ currently has a consensus price target of $10.50, indicating a potential upside of 82.29%. As a group, “Computer integrated systems design” companies have a potential upside of 51.89%. Given IonQ’s higher probable upside, research analysts plainly believe IonQ is more favorable than its competitors.

Institutional and Insider Ownership

62.3% of IonQ shares are held by institutional investors. Comparatively, 58.4% of shares of all “Computer integrated systems design” companies are held by institutional investors. 14.1% of IonQ shares are held by insiders. Comparatively, 12.3% of shares of all “Computer integrated systems design” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares IonQ and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
IonQ $2.10 million -$106.19 million -10.67
IonQ Competitors $1.73 billion -$31.68 million 52.78

IonQ’s competitors have higher revenue and earnings than IonQ. IonQ is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

IonQ competitors beat IonQ on 8 of the 13 factors compared.

IonQ Company Profile

(Get Rating)

IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 20 qubits. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. IonQ, Inc. was founded in 2015 and is headquartered in College Park, Maryland.

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