IONQ - NYSE

IonQ, Inc.

IonQ, Inc.

IONQยทNYSE

$68.23

-4.4%
TechnologyComputer Hardware

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$25.47B
EPS-1.8200
P/E Ratio-37.49
Earnings Date08/05/2026
IonQ, Inc.

IonQ, Inc. Fair Value Envelope

IONQ ยท NYSE

Our analysis suggests that IONQ has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $68.23, this represents a potential HIDDEN relative to our calculated worth for IonQ, Inc..

HIDDEN
Intrinsic Value
Current Price: $68.23

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$246.8M
+ Cash & Equivalents$1.0B
Firm Value$784.0M
- Debt$30.0M
Equity Value$754.0M
/ Shares Outstanding296,878,940B
DCF Value$3
OVERVALUED BY 96%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$141.6M
-$70.8M
-$35.4M
-$17.7M
-$8.8M
-$4.4M
-$2.2M
-$1.1M
-$553.1K
-$276.5K
Maintenance CapEx
-$1.6M
-$820.9K
-$410.4K
-$205.2K
-$102.6K
-$51.3K
-$25.7K
-$12.8K
-$6.4K
-$3.2K
Owner Earnings
-$143.2M
-$71.6M
-$35.8M
-$17.9M
-$9.0M
-$4.5M
-$2.2M
-$1.1M
-$559.5K
-$279.8K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$132.6M
-$61.4M
-$28.4M
-$13.2M
-$6.1M
-$2.8M
-$1.3M
-$604.6K
-$279.9K
-$129.6K
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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5

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