Critical Survey: IonQ (IONQ) versus Its Rivals

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

Valuation & Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
IonQ $2.10 million -$106.19 million -9.98
IonQ Competitors $1.73 billion -$31.68 million 52.81

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

Volatility and Risk

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

Analyst Ratings

This is a breakdown of recent recommendations and price targets for IonQ and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IonQ 0 1 1 0 2.50
IonQ Competitors 228 1628 2819 51 2.57

IonQ currently has a consensus price target of $10.50, suggesting a potential upside of 94.81%. As a group, “Computer integrated systems design” companies have a potential upside of 47.75%. Given IonQ’s higher probable upside, analysts clearly believe IonQ is more favorable than its peers.

Profitability

This table compares IonQ and its peers’ 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% -33.41% -7.05%

Institutional & Insider Ownership

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

Summary

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

About IonQ

(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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