Welcome to an in-depth look at IonQ, Inc. (IONQ), a fascinating player in the burgeoning quantum computing space. As a financial journalist, I’m constantly sifting through market data to bring you clear, actionable insights, and today, we’re dissecting everything you need to know about IONQ stock. Is this a groundbreaking investment opportunity, or are there hidden risks?
My goal here is to cut through the noise and provide a comprehensive, easy-to-understand analysis. We’ll explore IonQ’s current market position, dive into its financial health, and examine what technical indicators and analyst forecasts suggest for its future. If you’re wondering whether to add this quantum computing innovator to your portfolio, you’ve come to the right place.
IonQ (IONQ) Stock Analysis: Navigating the Quantum Computing Market
IonQ, Inc. (IONQ) is a $16.62 billion company operating in the cutting-edge Computer Hardware industry. The big question for many investors is whether the current stock price accurately reflects its fair value and if the company is genuinely poised for significant future growth. It’s a complex picture, so let’s break down how IONQ stock is performing in the current market environment.
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Key Highlights: What’s Driving IONQ Today?
As of late November 2025, IonQ’s stock is trading at $46.90. The market trend for IONQ appears bearish, with the stock currently positioned below both its 50-day and 200-day moving averages. This typically signals a period of downward pressure.
Despite the bearish technical trend, analysts seem to maintain a degree of optimism. The consensus 1-year price target stands at $72.35, suggesting a potential upside of approximately +54.3%. However, it’s crucial to acknowledge the stock’s significant annualized volatility of 84.8%, which points to the potential for wide price swings and a higher-risk investment profile.
From a fundamental perspective, IonQ, Inc. presents a nuanced story. The company boasts robust revenue growth, up an impressive 221.50% year-over-year. This strong top-line expansion highlights its potential in a rapidly evolving sector. On the flip side, IonQ operates in an intensely competitive environment, which poses ongoing challenges to its market positioning and profitability.
Diving Deep: What This IONQ Stock Report Covers
We’re not just presenting numbers; we’re offering a holistic view of IONQ from various angles to help you make truly informed decisions:
- Is now a good time to buy? Technically, indicators suggest a “Bearish” trend, though the RSI is neutral at 41.8. Fundamentally, caution is advised due to current debt levels and certain growth metrics.
- Can its core operations drive future growth? IonQ’s future growth hinges significantly on its performance within the Computer Hardware sector and its ability to effectively navigate competitive pressures.
- What are the biggest risks? The company carries $28.52 million in debt, which could become a more significant headwind in a rising interest rate environment. Moreover, the quantum computing sector is characterized by fierce competition from both established tech giants and emerging startups.
Unlike many analyses that either use overly complex jargon or offer overly simplistic “buy now” advice, our goal is to provide clear, actionable information. Whether you’re a long-term investor or looking for quicker gains, understanding these details is paramount. Let’s delve into the data to see if IonQ, Inc. is the right investment to align with your financial aspirations.
IONQ Key Metrics & Quantum Computing Stock Forecast Summary
Let’s get straight to the numbers. Here’s a snapshot of IonQ’s current standing and what the models are projecting for its future.
| Metric Category | Metric | Value | Notes/Change |
|---|---|---|---|
| Current Price | Live Market Price | $46.90 | (as of November 2025) |
| Price Targets & Forecasts | 1-Month Forecast | $46.90 | 📈 +0.0% |
| 1-Year Forecast | $68.61 | 📈 +46.3% | |
| Analyst Mean Target | $72.35 | 📈 +54.3% | |
| Trend & Momentum | Trend | 📉 ▼ Bearish | (Price < SMA 50/200) |
| RSI (14-day) | 41.8 | Neutral ⚖️ | |
| MACD | 0.42 | 📈 Bullish Short-Term Trend | |
| Key Technical Levels | Above SMA 50 | ❌ $57.91 | |
| Above SMA 200 | ❌ $48.69 | ||
| 52-Week Range | 📏 $17.88 – $84.64 | ||
| Volatility | Volatility (30d Ann.) | 84.8% | 🌪️ |
| Beta (vs. Market) | 2.59x | 🎢 (High Sensitivity) | |
| Green Days (30d) | 17/30 (57%) | 🟡 | |
| Ownership | Institutional Ownership | 49.28% | 🏢 |
| Short % of Float | 16.52% | 😰 (High Bearish Bets) |
Currently, IONQ’s stock is trading at $46.90. The technical picture is leaning bearish, primarily because the price is holding below both its 50-day ($57.91) and 200-day ($48.69) moving averages. This indicates a weakening trend over both the short and long term.
However, it’s not all doom and gloom. The Relative Strength Index (RSI) is at 41.8, placing it in a neutral zone—neither overbought nor oversold. What’s interesting is that the MACD indicator shows a bullish short-term trend with a value of 0.42, suggesting that while the broader trend is down, there might be some minor upward movements or consolidation before the next significant directional shift.
Looking back over the past year, IONQ’s stock has seen a wide trading range, moving between $17.88 and $84.64. This wide range highlights the stock’s inherent volatility and the mixed investor sentiment it has experienced. The current price sits somewhat in the mid-range, which could imply that extreme swings are less likely unless major news breaks.
Analysts are projecting potential growth, with a 1-year target of $68.61 (+46.3%) and an average consensus target of $72.35 (+54.3%). While these targets are optimistic, it’s worth noting the ownership structure. Institutional ownership stands at 49.28%, indicating significant professional interest. Yet, the 16.52% short interest suggests a notable portion of the market is betting against the stock, hinting at perceived risks that some investors are wary of.
Detailed IONQ Price Forecast Table: Monthly Projections
Let’s dive into the specifics of the monthly forecast. This table outlines the model’s expectations for IONQ’s price evolution, projecting a range from approximately $26.02 to $100.44 over the coming year. It includes projected ranges (Min, Avg, Max), potential Return on Investment (ROI) based on the average projection versus the current price, and a derived model signal for each period.
| Month (Period) | Min. Price | Avg. Price | Max. Price | Potential ROI vs Current ($46.90) | Model Signal |
|---|---|---|---|---|---|
| 2025-11 | $46.90 | $46.90 | $46.90 | 0.0% | Hold/Neutral |
| 2025-12 | $54.55 | $75.62 | $88.78 | ▲ 61.2% | Consider Buy |
| 2026-01 | $72.90 | $80.79 | $89.17 | ▲ 72.3% | Consider Buy |
| 2026-02 | $65.18 | $75.34 | $84.26 | ▲ 60.6% | Consider Buy |
| 2026-03 | $39.87 | $55.04 | $72.21 | ▲ 17.4% | Consider Buy |
| 2026-04 | $26.02 | $37.36 | $46.30 | ▼ -20.3% | Consider Short |
| 2026-05 | $29.81 | $37.34 | $47.08 | ▼ -20.4% | Consider Short |
| 2026-06 | $40.27 | $52.32 | $62.27 | ▲ 11.6% | Consider Buy |
| 2026-07 | $46.09 | $55.34 | $64.83 | ▲ 18.0% | Consider Buy |
| 2026-08 | $47.05 | $56.30 | $64.92 | ▲ 20.0% | Consider Buy |
| 2026-09 | $29.66 | $41.59 | $55.20 | ▼ -11.3% | Consider Short |
| 2026-10 | $35.58 | $68.61 | $95.75 | ▲ 46.3% | Consider Buy |
| 2026-11 | $72.78 | $83.54 | $100.44 | ▲ 78.1% | Consider Buy |
Over the forecast horizon, from November 2025 to November 2026, the model projects IONQ’s price to fluctuate significantly, ranging from approximately $26.02 to a high of $100.44. This wide range underscores the inherent volatility in the quantum computing sector.
The projected price ranges for each month show some consistency, moving from a stable $46.90 – $46.90 in the current month to a broader $72.78 – $100.44 by November 2026. This implies that while there’s forecast uncertainty, it remains relatively stable across the forecast period. It’s always important to remember that these are model-generated forecasts, subject to change with new data and market shifts.
IonQ, Inc. (IONQ) Company Profile: Quantum Computing Innovator
Before we dive deeper into the numbers, understanding the company itself is crucial. IonQ is at the forefront of quantum computing, a field with immense potential.
| Metric | Value |
|---|---|
| Sector | Technology |
| Industry | Computer Hardware |
| Market Cap | $16.62 Billion |
| Employees | 407 |
| Website | https://ionq.com |
IonQ’s Core Business: Powering the Quantum Revolution
IonQ, Inc. is dedicated to developing advanced quantum computers and networks, primarily operating within the United States. Its core business involves selling access to its quantum computers, which are available in various qubit capacities.
What’s particularly compelling is how IonQ makes its quantum computing resources accessible. They partner with major cloud platforms like Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace. This broad accessibility, coupled with its own cloud service, positions IonQ to serve a wide range of researchers and enterprises.
Beyond direct quantum computing access, IonQ is also engaged in other critical areas of quantum technology. This includes quantum-safe networking and quantum detection systems, offering products like quantum key distribution systems, quantum random number generators, and single-photon detectors. The company also provides contracts for the design, development, construction, and sale of specialized quantum computing hardware, alongside maintenance, support, and consulting services for co-developing algorithms.
Notably, IonQ has a collaboration agreement with AstraZeneca PLC, focusing on the development of quantum-accelerated computational chemistry workflows for healthcare, life sciences, and chemistry. Founded in 2015 and headquartered in College Park, Maryland, IonQ is steadily building its footprint in this transformative industry.
IONQ Stock Valuation: Market Cap, Enterprise Value & Ratios
Understanding a company’s valuation is key to assessing whether its stock is currently priced fairly. Let’s look at IonQ’s valuation metrics.
While IonQ, Inc. commands a substantial market capitalization of $16.62 billion, its enterprise value (EV) is slightly lower at $15.56 billion. This difference reflects a healthy net cash position of approximately $1.06 billion. This strong financial buffer provides the company with valuable flexibility for future investments and strategic maneuvers.
The valuation ratios tell an intriguing story, characteristic of a high-growth, innovative company. IonQ, Inc. trades at a premium with an EV/Revenue (TTM) of 195.10x and an EV/EBITDA (TTM) of -38.18x. These elevated multiples suggest that the market is assigning significant value to the company’s future growth potential and its strong position in a cutting-edge sector like quantum computing. However, this also implies that the stock might have little room for error, as investors are essentially paying for anticipated future quality rather than current profitability.
| Metric | Value |
|---|---|
| Market Cap | $16.62 Billion |
| Enterprise Value | $15.56 Billion |
| EV/Revenue (TTM) | 195.10x |
| EV/EBITDA (TTM) | -38.18x |
IONQ Share Statistics: Ownership, Float & Short Interest
Share statistics offer crucial insights into market liquidity, potential for price manipulation, and overall investor sentiment. Let’s examine IONQ’s share structure.
IonQ has approximately 354 million shares outstanding, with nearly all of them publicly available as float. This high float means that a significant portion of shares are available for trading, which typically allows investors to trade the stock without causing drastic price shifts. However, a large float also means the company could issue more shares in the future, potentially diluting the value of existing stock.
Insider ownership, representing executives and major shareholders, is relatively low at 2.56%. While small, this level of insider holding helps align their interests with those of public shareholders. Institutional ownership, on the other hand, is quite robust at 49.28%. This substantial institutional backing often provides a degree of stability and confidence in the stock, as large funds have conducted their own due diligence.
Now, let’s consider the impact of short interest, a metric that indicates how many investors are betting against the stock. With 58 million shares shorted, representing 16.52% of the float, it suggests that a notable segment of the market perceives significant risk or believes the stock is overvalued. This level of short interest is considered high, indicating strong bearish conviction.
Investors should closely monitor changes in short interest. A sharp increase could signal growing skepticism, while a significant decrease, especially during positive news, could potentially lead to a ‘short squeeze’—where short sellers are forced to buy back shares to cover their positions, driving the price up rapidly.
| Metric | Value |
|---|---|
| Shares Outstanding | 354 Million |
| Implied Shares Outstanding | 354 Million |
| Shares Float | 348 Million |
| Insider Ownership | 2.56% |
| Institutional Ownership | 49.28% |
| Shares Short | 58 Million |
| Short Ratio (Days To Cover) | 1.90x |
| Short % of Float | 16.52% |
| Shares Short (Prior Month) | 48 Million |
| Short Date | 2025-11-14 |
IONQ Valuation Metrics: P/E, Price/Sales & EV Ratios
Valuation metrics offer different lenses through which to assess a company’s market worth relative to its financial performance. For IonQ, these ratios paint a picture typical of a growth company in an emerging industry.
IonQ’s Forward P/E ratio stands at -53.30x. This negative figure is common for high-growth companies that are still in early stages of profitability, where earnings are negative but future potential is high. It requires careful interpretation, often indicating that investors are betting on significant future earnings rather than current ones.
Meanwhile, the Price/Sales (TTM) ratio of 208.12x and Price/Book (MRQ) ratio of 6.71x are quite high. These multiples suggest that IonQ trades at a significant premium, reflecting the market’s strong belief in its brand assets and leadership position within the quantum computing sector. These metrics are important for understanding how the market currently values IonQ’s revenue and assets.
From an enterprise value perspective, the EV/Revenue (TTM) ratio of 195.10x indicates a substantial revenue-based valuation, reinforcing the premium investors are willing to pay for its top-line growth. The EV/EBITDA (TTM) multiple of -38.18x, while negative, provides insight into its earnings-based valuation before non-operating factors. Together, these metrics offer a comprehensive view of IonQ’s current market positioning, emphasizing its growth story over immediate profitability.
| Metric | Value |
|---|---|
| Forward P/E | -53.30x |
| Price/Sales (TTM) | $208.12 |
| Price/Book (MRQ) | $6.71 |
| EV/Revenue (TTM) | 195.10x |
| EV/EBITDA (TTM) | -38.18x |
IONQ Financial Health: Liquidity, Debt, and Cash Flow
A deep dive into IonQ’s financial health reveals several key areas that potential investors should consider carefully. While the company is in a growth phase, its current financial metrics highlight both strengths and areas for scrutiny.
IonQ’s Return on Equity (ROE TTM) at -107.76% and Return on Assets (ROA TTM) at -11.77% indicate that the company is currently not generating positive returns from its capital. These negative figures are not uncommon for early-stage, high-growth companies investing heavily in R&D and market development, but they do signal that profitability is a future goal rather than a present reality.
The Debt/Equity ratio of 1.25x, with $28.52 million in debt against $1.08 billion in cash, suggests that IonQ has a manageable debt load. This strong cash position provides significant financial flexibility, allowing the company to fund its operations and growth initiatives without undue strain. It’s a critical buffer in a capital-intensive industry.
A notable concern, however, is the negative operating cash flow of -$248.10 million (TTM). This indicates that IonQ’s core business activities are currently consuming more cash than they generate. While this is often a characteristic of companies in aggressive growth mode, it’s a metric that needs close monitoring to ensure sustainable long-term operations. The Levered Free Cash Flow (TTM) also stands at a negative -$10.61 million.
On a more positive note, IonQ demonstrates solid liquidity. Its Current Ratio of 8.73x and Quick Ratio of 8.10x are exceptionally strong. These figures mean the company has ample short-term assets to comfortably cover its short-term liabilities, providing a significant degree of financial stability and operational resilience.
| Metric | Value |
|---|---|
| Return on Equity (ROE TTM) | -107.76% |
| Return on Assets (ROA TTM) | -11.77% |
| Debt/Equity (MRQ) | 1.25x |
| Total Cash (MRQ) | $1.08 Billion |
| Total Debt (MRQ) | $28.52 Million |
| Current Ratio (MRQ) | 8.73x |
| Quick Ratio (MRQ) | 8.10x |
| Operating Cash Flow (TTM) | -$248.10 Million |
| Levered Free Cash Flow (TTM) | -$10.61 Million |
IONQ Financial Efficiency: Asset Turnover & Cash Conversion
Beyond profitability and liquidity, how efficiently a company uses its assets and manages its cash flow cycles is crucial for long-term success. IonQ’s efficiency metrics offer a mixed bag of insights.
IonQ’s Asset Turnover (TTM) is 0.16x, suggesting it generates $0.16 in revenue for every dollar of assets. This indicates relatively lower efficiency in asset utilization, an area that might require improvement as the company scales. In a capital-intensive industry like quantum computing, optimizing asset use is vital.
The Inventory Turnover (TTM) at 1.10x shows that IonQ sells and replaces its inventory roughly 1.1 times annually, translating to approximately 331.8 Days Inventory Outstanding. This slower turnover suggests that inventory might be sitting for extended periods, potentially tying up capital. Meanwhile, Receivables Turnover (TTM) of 12.25x and 29.8 Days Sales Outstanding reflect excellent collections efficiency, meaning customers are paying their invoices very quickly.
Working Capital Turnover (TTM) is 0.23x, indicating a moderate use of short-term assets to support sales. This is supported by a robust Current Ratio of 8.73x, signaling excellent liquidity to meet short-term obligations. However, the Cash Conversion Cycle, estimated at approximately 361.6 days (partial), suggests it takes about 12.1 months to convert inventory and receivables into cash. This extended cycle can put a strain on working capital and is an area for potential optimization.
Finally, IonQ’s Return on Invested Capital (ROIC TTM) is -381.92%. This negative figure highlights lower capital efficiency, indicating that the company is not yet effectively generating returns from its invested capital. Overall, while IonQ shows strong liquidity and efficient collections, it may need to focus on higher asset utilization and a more streamlined cash conversion cycle to boost profitability and capital efficiency. Comparing these figures with industry peers would provide a more complete competitive assessment.
| Metric | Value |
|---|---|
| Asset Turnover (TTM) | 0.16x |
| Inventory Turnover (TTM) | 1.10x |
| Receivables Turnover (TTM) | 12.25x |
| Working Capital Turnover (TTM) | 0.23x |
| Current Ratio (MRQ) | 8.73x |
| Days Sales Outstanding | 29.8 |
| Days Inventory Outstanding | 331.8 |
| Cash Conversion Cycle | ~361.6 days (partial) |
| Return on Invested Capital (ROIC TTM) | -381.92% |
IONQ Profitability & Growth: Margins and Revenue Momentum
When assessing a growth company like IonQ, Inc., understanding its profitability and growth trajectory is paramount. The current metrics suggest a company prioritizing aggressive expansion, even at the cost of short-term profitability.
IonQ’s margin performance indicates significant pressure on its bottom line. While the company demonstrates success in controlling production costs, evidenced by a solid Gross Margin (TTM) of 52.29%, this strength does not fully translate down the income statement. The Operating Margin (TTM) stands at a concerning -423.45%, and the Profit Margin (TTM) is 0.00%. This gap highlights very high operating expenses relative to revenue, which is common for companies in heavy R&D and market development phases within an emerging industry.
The EBITDA Margin (TTM) is 0.00%. This figure, combined with a negative EBITDA of -$407.92 million, suggests that while the company has gross profit ($41.75 million), it’s not yet generating positive cash flow from its operations before accounting for financing and tax strategies. The Net Income (TTM) of -$1.47 billion further underscores the current unprofitability.
Despite these margin challenges, IonQ is experiencing aggressive revenue growth. Its Revenue (TTM) is $79.84 million, and quarterly revenue growth year-over-year is an impressive 221.50%. This robust top-line expansion is a strong indicator of market adoption and demand for its quantum computing solutions. However, investors must monitor whether this growth pace can be sustained without further eroding profit margins.
In the future, maintaining steady or improving margins will be critical. IonQ needs to defend its pricing power and rigorously control operating costs, especially as revenue growth potentially moderates. This focus will be key to converting its strong gross profits into sustainable net profitability.
| Metric | Value |
|---|---|
| Profit Margin (TTM) | 0.00% |
| Operating Margin (TTM) | -423.45% |
| Gross Margin (TTM) | 52.29% |
| EBITDA Margin (TTM) | 0.00% |
| Revenue (TTM) | $79.84 Million |
| Quarterly Revenue Growth (YoY) | 221.50% |
| Gross Profit (TTM) | $41.75 Million |
| EBITDA (TTM) | -$407.92 Million |
| Net Income (TTM) | -$1.47 Billion |
IONQ Dividends & Shareholder Returns: What Investors Need to Know
For many investors, dividends are a key component of shareholder returns. However, for growth companies in nascent industries like quantum computing, the focus is often on reinvestment.
IONQ Dividend Policy: Reinvestment for Growth
Based on the available data, IonQ (IONQ) does not currently pay a regular dividend. This is a common strategy for companies in high-growth sectors, where the priority is to reinvest earnings back into the business to fuel research and development, expand operations, and capture market share. Rather than distributing cash to shareholders, IonQ is choosing to allocate capital towards accelerating its technology and growth initiatives.
For investors, this means that any returns from IONQ stock would primarily come from capital appreciation, rather than recurring dividend income. Investors seeking income-generating assets might find this less appealing, while growth-oriented investors might see it as a positive sign that the company is focused on maximizing long-term value through internal investments.
| Metric | Value |
|---|---|
| Payout Ratio | 0.00% |
| Trailing Dividend Yield | 0.00% |
IONQ Technical Analysis: Price Trends, Momentum & Trading Signals
Let’s shift our focus to the technical picture for IONQ. The stock is currently priced at $46.90, and the overall trend continues to show weakness. In the last 15 days, IonQ has lost -13.82%, indicating significant downward pressure. Understanding the technicals is crucial for determining if this represents a buying opportunity or a warning of further declines.
IONQ Trend Strength: Navigating Bearish Signals
IONQ is clearly in a bearish trend, trading below its key moving averages. This setup generally signals caution for traders and investors alike. The price action suggests that sellers are currently in control, pushing the stock lower.
What does this mean for traders? The 20-day Simple Moving Average (SMA) at $48.84 is now acting as a significant overhead resistance level. As long as the stock price remains below this SMA, the bearish trend is likely to persist. A failure to break above this level could lead to a retesting of recent lows, indicating continued weakness.
IONQ Momentum Check: RSI and MACD Insights
Diving into momentum indicators, the Relative Strength Index (RSI) for IONQ is currently at 41.8. This reading places it squarely in a neutral zone, meaning the stock is neither overbought nor oversold. It suggests a balance between buying and selling pressure in the short term.
However, what’s interesting is the MACD histogram, which is currently positive, confirming that some upward momentum is still in play. This divergence between a neutral RSI and a positive MACD hints at a potential consolidation or minor upward bounce within the broader bearish trend. For traders, this neutral RSI offers flexibility; watch for a decisive MACD crossover or a clear break of key support/resistance levels for the next directional clue.
IONQ Bollinger Bands: Volatility and Support/Resistance
Examining the Bollinger Bands, IONQ’s stock is trading near the middle of its bands, with the SMA20 (which acts as the middle band) at $48.84. The lower Bollinger Band, currently at $37.14, offers the next significant level of potential support. If the price breaks below the middle band, a test of this lower band becomes more probable.
IONQ Volume Trends: Confirming Price Action
Trading volume for IONQ is currently near its recent average. This provides neutral confirmation of the current price action, meaning there isn’t an overwhelming surge of buying or selling interest to strongly validate the recent moves. The concern here is that rallies occurring on low volume are often prone to sharp reversals. Without a significant surge in buying interest to confirm any upward move, a pullback remains a distinct possibility.
IONQ Support & Resistance Levels: Your Trading Plan
Understanding key support and resistance levels is fundamental for any trading strategy. Here’s a quick trading plan for IONQ:
- ✅ If IONQ holds above $48.84: This could signal a continuation of recent positive momentum, with the next target being $64.57 (a recent high).
- ⚠️ If it breaks below $48.84: Expect a potential dip toward the strong support level at $37.14.
- 🛑 A drop below $37.14: This would be a significant bearish signal, potentially triggering a deeper correction towards the 200-day SMA, which is currently at $48.69.
IONQ Stock: Buy, Hold, or Sell? A Technical Verdict
Based purely on the technical indicators, here’s a breakdown for different types of investors:
- Short-Term Traders: The current momentum shows some positive signs, but monitor for signs of exhaustion. A neutral stance might be best until a clearer signal emerges from the MACD or significant volume changes.
- Long-Term Investors: The long-term uptrend technically remains valid as long as the price holds above the 200-day SMA ($48.69). A pullback to the 50-day SMA ($57.91) area could present a safer, more attractive buying opportunity.
- New Buyers: It’s wise to avoid chasing any rallies at the current levels. Instead, wait for either a confirmed breakout above $64.57 with strong accompanying volume, or patiently await a pullback to the $48.84 area, which would offer a more favorable risk/reward entry point.
Bottom Line: The technical analysis suggests that any short-term rally might be losing steam. While the long-term trend still holds a bullish bias (above the 200-day SMA), a correction seems plausible before the next major upward move. Trade carefully, and always wait for clear confirmation at critical price levels.
IONQ Historical Stock Performance & Recent Trading Data
Let’s review IonQ’s recent performance to understand its immediate price trajectory and trading characteristics. Analyzing the last 15 trading days from November 12, 2025, to November 26, 2025, IONQ’s stock posted a return of -7.51%. This short-term decline aligns with the bearish technical sentiment we observed earlier.
During this period, the stock traded within a range of $38.00 and $55.60, demonstrating its characteristic volatility. The average daily trading volume during these 15 days was approximately 26,934,333 shares, indicating consistent market interest.
IONQ Recent Trading Data: Daily Price Action
Here’s a detailed look at IONQ’s daily trading activity for the most recent period:
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2025-11-26 | $47.40 | $48.25 | $46.01 | $46.90 | 12,445,300 |
| 2025-11-25 | $46.57 | $47.91 | $44.22 | $47.06 | 18,007,200 |
| 2025-11-24 | $42.75 | $47.33 | $42.49 | $46.76 | 40,440,600 |
| 2025-11-23 | $42.56 | $42.76 | $38.00 | $41.71 | 29,301,400 |
| 2025-11-22 | $42.56 | $42.76 | $38.00 | $41.71 | 29,301,400 |
| 2025-11-21 | $42.56 | $42.76 | $38.00 | $41.71 | 29,301,400 |
| 2025-11-20 | $48.57 | $49.57 | $40.69 | $41.00 | 33,669,500 |
| 2025-11-19 | $49.15 | $50.68 | $47.33 | $47.88 | 19,458,100 |
| 2025-11-18 | $47.20 | $50.28 | $47.20 | $49.12 | 20,780,000 |
| 2025-11-17 | $46.73 | $49.25 | $45.94 | $47.79 | 22,630,800 |
| 2025-11-16 | $42.98 | $48.78 | $42.82 | $47.18 | 29,451,100 |
| 2025-11-15 | $42.98 | $48.78 | $42.82 | $47.18 | 29,451,100 |
| 2025-11-14 | $42.98 | $48.78 | $42.82 | $47.18 | 29,451,100 |
| 2025-11-13 | $49.44 | $49.90 | $44.30 | $45.40 | 37,229,500 |
| 2025-11-12 | $54.76 | $55.60 | $49.89 | $50.71 | 23,096,500 |
IONQ Stock Price Statistics: Volatility and Moving Averages
Delving into IonQ’s price statistics provides a deeper understanding of its market behavior and risk profile. Over the past year, the stock has experienced significant price swings, reaching a 52-week high of $84.64 and a low of $17.88. This wide range underscores the stock’s inherent volatility, likely driven by rapidly changing market sentiment and company-specific developments in the quantum computing sector.
Currently, the 50-day moving average stands at $61.80, while the 200-day moving average is at $41.95. This configuration, where the shorter-term moving average is above the longer-term one, is often referred to as a ‘golden cross’ and is generally considered a bullish signal, indicating positive long-term momentum. However, it’s important to note that the current price of $46.90 is below the 50-day MA, suggesting short-term weakness despite the longer-term bullish crossover.
IonQ carries a Beta of 2.59x, which means it tends to be significantly more volatile than the broader market—approximately 159% more so. Coupled with a high 30-day annualized volatility of 84.8%, it’s clear that this stock is prone to frequent and substantial price swings. For investors, this translates to both higher potential for gains and increased downside risk. These indicators are crucial for determining appropriate position sizing and entry timings, especially when constructing a diversified portfolio.
| Metric | Value |
|---|---|
| 52 Week High | $84.64 |
| 52 Week Low | $17.88 |
| 50 Day MA | $61.80 |
| 200 Day MA | $41.95 |
| Beta | 2.59x |
| Volatility (30d Ann.) | 84.8% |
IONQ Quarterly Earnings Performance: Revenue & Net Income
Examining IonQ’s recent quarterly performance is essential for understanding its operational trajectory and financial health. The latest quarter provides key insights into the company’s revenue generation and bottom-line figures.
IonQ’s most recent quarterly report shows revenue of $39.87 million and a net income of -$1.05 billion. While the net income is significantly negative, it’s important to view this in the context of a high-growth company in a capital-intensive, emerging industry like quantum computing, where substantial investments in R&D and infrastructure are common.
The company demonstrated impressive growth, with a quarter-over-quarter revenue change of +92.6%. Even more striking is the year-over-year revenue growth, which stands at an exceptional +221.5%. These figures clearly indicate strong market traction and increasing demand for IonQ’s quantum computing solutions.
IONQ Recent Quarterly Results: A Closer Look
Here’s a breakdown of IonQ’s financial performance over the last four quarters:
| Quarter | Revenue | Net Income | EPS | Gross Margin |
|---|---|---|---|---|
| 2025-Q3 | $39.87 Million | -$1.05 Billion | -3.58x | 46.7% |
| 2025-Q2 | $20.69 Million | -$176.84 Million | -0.70x | 59.8% |
| 2025-Q1 | $7.57 Million | -$32.25 Million | -0.14x | 43.0% |
| 2024-Q4 | $11.71 Million | -$202.00 Million | 56.9% |
IONQ Growth Metrics: Revenue & Net Income Growth
Understanding the pace of growth is critical for assessing a company’s trajectory, especially in a rapidly evolving sector like quantum computing. IonQ’s growth metrics highlight significant expansion.
| Metric | Value |
|---|---|
| QoQ Revenue Growth | +92.6% |
| QoQ Net Income Growth | +496.6% |
| YoY Revenue Growth | +221.5% |
The quarter-over-quarter revenue growth of +92.6%, alongside an even more impressive year-over-year revenue growth of +221.5%, demonstrates IonQ’s strong ability to expand its top line. While net income growth also shows a substantial quarter-over-quarter increase of +496.6% (from a negative base), the primary takeaway is the aggressive acceleration in revenue, which is a key driver for a company in its growth stage.
IONQ Short Selling Information: Bearish Bets & Short Squeeze Potential
Short selling activity can provide valuable insights into market sentiment and potential price movements. Let’s examine the short interest surrounding IONQ stock.
Currently, there are 58 million shares of IONQ held short. The short ratio, or “days to cover,” stands at 1.9x. This means that, at the stock’s recent average trading volume, it would take approximately two days for all short positions to be covered. A low days-to-cover ratio, like this one, generally suggests that short sellers do not have significant control over the stock’s price, and the risk of a prolonged ‘short squeeze’—where rapid price appreciation forces short sellers to buy back shares, further accelerating the price—is relatively low.
However, it’s important to note the percentage of the public float that is shorted: 16.52%. This is considered a high percentage, signaling significant bearish conviction from a portion of the market. This level has also increased recently from 48 million shares shorted in the prior month, suggesting a growing belief among some investors that IonQ’s stock price may decline.
With such notable short interest, of the potential for volatility spikes. While a large short interest can indicate underlying skepticism, it can also set the stage for dramatic upward moves if positive news or unexpected developments force short sellers to cover their positions quickly. Monitoring changes in short interest is a key part of understanding the stock’s dynamic.
| Metric | Value |
|---|---|
| Shares Short | 58 Million |
| Short Ratio (Days To Cover) | 1.90x |
| Short % of Float | 16.52% |
| Shares Short (Prior Month) | 48 Million |
| Short Date | 2025-11-14 |
IONQ Risk Analysis: Volatility, Drawdown & Risk-Adjusted Returns
Investing in growth-oriented technology companies like IonQ (IONQ) always comes with a degree of risk. A thorough risk analysis helps investors understand the potential downsides and volatility associated with the stock.
IonQ’s risk profile reveals high volatility, with an annualized volatility of 81.4%. This figure clearly indicates that IONQ is a high-risk investment, prone to significant price fluctuations. Such volatility can lead to substantial gains but also equally substantial losses, depending on market conditions and company performance.
The Sharpe Ratio of 0.62x suggests mixed risk-adjusted returns. A Sharpe ratio measures the excess return per unit of risk, so a lower value can indicate that the stock’s returns aren’t adequately compensating for the risk taken. Complementing this, the Sortino Ratio of 0.97x specifically focuses on downside risk, providing additional insight into performance relative to negative volatility.
A maximum drawdown of -90.00% is a stark reminder of the significant downside risk during adverse market conditions. This metric shows the largest peak-to-trough decline the stock has experienced, highlighting its potential for severe corrections.
Furthermore, the Value at Risk (VaR) at a 5% confidence level shows a potential loss of -7.18% in the worst 5% of scenarios. At a 1% confidence level, the potential loss increases to -12.26%. These VaR figures provide a quantitative estimate of potential capital at risk over a given period. Investors should carefully consider these risk metrics in conjunction with their personal risk tolerance and overall investment objectives before making any decisions regarding IONQ.
| Metric | Value |
|---|---|
| Volatility (Annualized) | 81.4% |
| Value at Risk (5%) | -7.18% |
| Value at Risk (1%) | -12.26% |
| Sharpe Ratio | 0.62x |
| Sortino Ratio | 0.97x |
| Maximum Drawdown | -90.00% |
| Skewness | 1.03x |
| Kurtosis | 9.16x |
IONQ Sentiment Analysis: News, Analysts & Options Market
Market sentiment plays a critical role in short-term stock movements, and understanding the collective mood around IonQ is vital. Our sentiment analysis for IONQ reveals a cautiously positive outlook from various sources.
Overall, IonQ currently holds a Composite Sentiment Score of 0.27x, classified as ‘Positive,’ with a confidence level of 44.1%. This positive sentiment is a blend of insights derived from news coverage, professional analyst recommendations, and activity in the options market. While positive, the confidence level suggests there’s still a degree of uncertainty or divergence in opinions.
Breaking down the sentiment components:
- News Sentiment: Positive (0.10x)
- Analyst Sentiment: Positive (0.40x)
- Options Sentiment: Positive (0.14x)
Each of these components contributes to the overall positive score. Analyst sentiment appears to be the strongest driver of this positive outlook, indicating that professional researchers generally view IonQ favorably. The options market, typically a good gauge of speculative bets, also shows positive sentiment, further reinforcing this trend.
The Put/Call Ratio is 0.43x. A ratio below 1 typically indicates more call options (bullish bets) being traded than put options (bearish bets), which aligns with the overall positive sentiment. These sentiment indicators should always be considered alongside fundamental and technical analysis for a comprehensive investment perspective, as sentiment can shift rapidly.
| Metric | Value |
|---|---|
| Composite Sentiment Score | 0.27x |
| Sentiment Classification | Positive |
| Sentiment Confidence | 44.1% |
| News Sentiment | Positive (0.10x) |
| Analyst Sentiment | Positive (0.40x) |
| Options Sentiment | Positive (0.14x) |
| Put/Call Ratio | 0.43x |
IONQ Peer Comparison: How It Stacks Up Against Competitors
Understanding how IonQ (IONQ) compares to its industry peers provides crucial context for its valuation, growth, and overall market position. We’ll look at key metrics against some notable players in the Computer Hardware and related technology sectors.
With a market capitalization of $16.62 billion, IONQ is currently positioned as the smallest among its compared peers, which include HPE (Hewlett Packard Enterprise) at $28.41 billion, PSTG (Pure Storage Inc.) at $28.19 billion, and HPQ (HP Inc.) at $22.52 billion. This size difference is important as it often reflects different stages of company maturity and market penetration.
When it comes to profitability, IONQ currently reports negative earnings, making a direct P/E ratio comparison challenging. However, PSTG also trades at premium multiples with a P/E of 209.2x, indicating high growth expectations. In stark contrast, HPQ, a more mature company, trades at a much lower P/E of 9.05x, reflecting a slower-growth business model. These differences highlight the diverse investor expectations across the sector.
Revenue growth is where IONQ shines, demonstrating a strong 2.21% expansion in the TTM period. HPE shows even stronger momentum with 18.50% growth, while PSTG and HPQ report 12.70% and 4.20% respectively. IONQ, however, faces significant profitability challenges with a 0.00% net margin, unlike its peers who generally maintain positive margins.
IonQ’s Return on Equity (ROE) of -1.08% reflects its current unprofitability, standing in contrast to HPE (5.36%) and PSTG (10.04%). On the balance sheet front, IONQ’s conservative debt-to-equity ratio of 1.25 suggests a strong financial position with lower debt levels compared to HPE (96.97) and PSTG (17.11). Lastly, dividend policies vary significantly: HPE (2.42%) and HPQ (5.00%) reward shareholders with payouts, whereas IONQ, with a 0.00% dividend yield, prioritizes reinvesting all cash into growth initiatives.
| Metric | IONQ | HPE | PSTG | HPQ |
|---|---|---|---|---|
| Market Cap | $16.62 Billion | $28.41 Billion | $28.19 Billion | $22.52 Billion |
| P/E Ratio | -53.30 | 25.33 | 209.20 | 9.05 |
| Revenue Growth | 2.21% | 18.50% | 12.70% | 4.20% |
| Net Margin | 0.00% | 3.77% | 4.16% | 4.57% |
| EPS | -5.84 | 0.85 | 0.41 | 2.65 |
| ROE | -1.08% | 5.36% | 10.04% | |
| Debt-to-Equity | 1.25 | 96.97 | 17.11 | |
| Dividend Yield | 0.00% | 2.42% | 0.00% | 5.00% |
| 52-Week Range | 17.88 – 84.64 | 11.82 – 26.44 | 34.51 – 100.59 | 20.76 – 36.04 |
IONQ Insider Transactions: What Company Executives Are Doing
Insider transactions can provide valuable clues about how those closest to the company view its future prospects. Over the last three months, IonQ has seen a total of 16 insider transactions.
A significant portion of these (7 transactions) were stock awards or tax-related dispositions, rather than direct discretionary market transactions. When we focus specifically on open-market activity, we see 6 market sales compared to 1 market purchase. This pattern indicates that insiders are, on balance, reducing their positions through direct market sales.
Additionally, there were 2 option exercises during this period. Option exercises can signal either confidence in future price appreciation (as insiders convert options to shares) or simply routine portfolio management. This mixed activity—a majority of awards/tax dispositions, some market sales, and a few option exercises—is fairly typical for established companies where insiders balance personal financial planning with maintaining confidence in the business’s fundamentals. For full transparency, you can always check IonQ’s SEC filings for detailed insider transaction reports.
| Insider Name | Type | Shares Changed | Price | Shares After | Transaction Date | Filing Date |
|---|---|---|---|---|---|---|
| Alameddine Rima | SELL (Sale) [S] | -100,000 | $46.89 | 432,616 | 2025-11-20 | 2025-11-21 |
| TEUBER WILLIAM J JR | BUY (Purchase) [P] | +2,000 | $54.81 | 6,413 | 2025-11-11 | 2025-11-13 |
| Cardillo Robert T. | SELL (Exercise) [M] | -8,773 | ~$55.61 | 17,547 | 2025-09-12 | 2025-09-16 |
| Cardillo Robert T. | SELL (Sale) [S] | -8,773 | $50.52 | 37,436 | 2025-09-12 | 2025-09-16 |
| Cardillo Robert T. | BUY (Exercise) [M] | +8,773 | $11.24 | 46,209 | 2025-09-12 | 2025-09-16 |
| Alameddine Rima | SELL (Sale) [S] | -19,976 | $44.40 | 532,616 | 2025-09-11 | 2025-09-12 |
| de Masi Niccolo | SELL (Sale) [S] | -16,120 | $44.40 | 1,181,186 | 2025-09-11 | 2025-09-12 |
| DACIER PAUL T | SELL (Sale) [S] | -4,175 | $44.40 | 114,454 | 2025-09-11 | 2025-09-12 |
| Kramer Thomas G. | SELL (Sale) [S] | -64,578 | $41.82 | 473,302 | 2025-09-03 | 2025-09-05 |
Key IONQ Risk Factors for Investors
Before making any investment decision, it’s crucial to be aware of the potential risks associated with IonQ (IONQ) stock. While this list highlights key considerations based on current data and market dynamics, it’s important to remember that it may not cover every possible risk. For a complete understanding of risks, always consult the company’s official SEC filings, which offer detailed disclosures.
- ⚠️ Price Below Key Moving Averages: The current stock price of $46.90 is trading below both its 50-Day SMA ($57.91) and 200-Day SMA ($48.69). This technical setup indicates potential short-term and long-term weakness, respectively. It suggests that the stock is currently in a downtrend, which could continue.
- ⚠️ Market Volatility and Sector Sensitivity: IonQ operates in the Technology sector, which is inherently susceptible to general market fluctuations and broader economic conditions. Negative sentiment or slowdowns in the tech industry could disproportionately impact IONQ’s stock performance.
- ⚠️ Intense Competition: The quantum computing industry is highly competitive, with numerous established tech giants and well-funded startups vying for market share. IonQ faces ongoing challenges to differentiate its technology and secure significant contracts, which could impact its growth trajectory and profitability.
- ⚠️ High Operating Expenses and Unprofitability: As a growth company in a capital-intensive field, IonQ incurs substantial operating expenses and is currently unprofitable, with negative net income and operating cash flow. While this is typical for its stage, sustained unprofitability could strain its financial resources and impact investor confidence if revenue growth doesn’t accelerate sufficiently to offset costs.
IONQ Analyst Insights & Consensus: Price Targets & Recommendations
Professional analysts play a significant role in shaping market perceptions and providing forward-looking guidance. This section summarizes the collective view of experts covering IonQ (IONQ).
The consensus recommendation for IONQ is currently a ‘Buy’. This positive outlook is based on the opinions of 10 analysts who regularly cover the stock. Such a strong consensus can often signal a favorable long-term view from Wall Street.
The mean price target from these analysts is $72.35. This target suggests a substantial potential upside of approximately 54.3% compared to the current price of $46.90. Individual price targets range from a low of $47.00 to a high of $100.00, indicating a spread of opinions but overall bullish sentiment.
This analyst consensus provides a valuable gauge of Wall Street’s expectations regarding the stock’s future potential. It suggests that despite current technical challenges or unprofitability, analysts believe in IonQ’s long-term prospects within the quantum computing industry. It’s important for investors to consider this consensus alongside their own research and risk assessment. For detailed reports, investors often refer to financial platforms like Yahoo Finance or MarketWatch.
| Metric | Value |
|---|---|
| Recommendation | Buy |
| Mean Target Price | $72.35 |
| High Target Price | $100.00 |
| Low Target Price | $47.00 |
| Number of Analyst Opinions | 10 |
Latest IONQ News & Developments: What’s Happening Now
Staying current with recent news and developments is crucial for any investor. Here are some of the latest headlines related to IonQ (IONQ), offering insights into current events and market sentiment as of late November 2025:
- Cantor Fitzgerald Raises PT on IonQ (IONQ) Stock
- Publisher: Insider Monkey
- Published: 2025-11-26T19:59:24Z
- Insight: A price target increase from a major firm like Cantor Fitzgerald can signal growing confidence in IonQ’s future performance and valuation.
- IONQ or Rigetti: Which is the Better Quantum Bet as 2025 Nears End?
- Publisher: Zacks
- Published: 2025-11-26T15:27:00Z
- Insight: This article highlights the ongoing debate and competitive landscape within the quantum computing sector, encouraging investors to weigh options between key players.
- SoftBank Sold Its Entire Nvidia Stake. Is This a Warning Sign for Investors?
- Publisher: Motley Fool
- Published: 2025-11-26T14:10:00Z
- Insight: While not directly about IonQ, this broader market news from Motley Fool regarding a significant tech investor’s move could influence sentiment across high-growth technology stocks, including quantum computing.
- Should You Buy the Dip on IonQ Stock?
- Publisher: Motley Fool
- Published: 2025-11-26T13:45:00Z
- Insight: This headline directly addresses a common investor question, suggesting that recent price drops might be creating a buying opportunity, though it implies a need for careful consideration.
- Dycom Industries and Chevron have been highlighted as Zacks Bull and Bear of the Day
- Publisher: Zacks
- Published: 2025-11-26T13:43:00Z
- Insight: Another broader market sentiment piece from Zacks, indicating the overall market’s daily movers and shakers, which can indirectly affect sector-specific sentiment.
These recent headlines from reputable financial news sources provide a snapshot of the current discussions and market reactions surrounding IonQ and the broader tech sector. Keeping an eye on these types of developments is essential for staying informed about potential impacts on IONQ’s stock performance.
IONQ Stock Conclusion & Investment Outlook
Alright, we’ve covered a lot of ground on IonQ (IONQ) stock. Let’s bring it all together to form a cohesive picture for your investment considerations. We’ve seen a blend of high growth potential, current unprofitability, and mixed market signals.
Short-Term Technical Snapshot for IONQ
- Overall Technical Sentiment: Neutral. While there’s some bullish momentum in MACD, the overall trend is weighted down by price action below key moving averages.
- Price Trend vs. Moving Averages: Bearish (currently trading below both SMA50 and SMA200). This indicates a weakening trend across multiple timeframes.
- Momentum (RSI): Neutral (41.8). The stock is neither overbought nor oversold, suggesting balanced pressure in the immediate term.
- Support / Resistance (30d): Approximate support at ~$38.00 and resistance at ~$64.57. These are critical levels to watch for short-term price movements.
Longer-Term Fundamental & Forecast for IONQ Stock
- 1-Year Average Forecast: Models project an average change of approximately +46.3%, targeting around $68.61. This suggests significant potential upside over the next year.
- Fundamental Health: Assessment Incomplete, but shows areas of concern (ROE: -107.76%, D/E: 1.25x). While debt is manageable and cash is strong, current profitability metrics are deeply negative.
- Valuation Snapshot: Appears Moderate (Forward P/E: -53.30x). The high Price/Sales ratio reflects growth expectations rather than current earnings.
- Recent Growth (YoY): Revenue growth is exceptionally strong at 221.50%, indicating robust top-line expansion.
- Analyst Consensus: ‘Buy’ (Target: $72.35). Professional analysts are generally optimistic about IonQ’s future.
Overall IONQ Stock Assessment & Investment Outlook
Bridging the technical picture with the fundamental outlook, IONQ exhibits a Neutral short-term technical sentiment alongside a moderate fundamental health profile, primarily due to strong revenue growth balanced against current unprofitability. Its valuation appears moderate, reflecting a high-growth company in an emerging sector. Predictive models project a 1-year path indicating potential upside of +46.3%, targeting approximately $68.61, which aligns with a ‘Buy’ consensus from analysts.
Decision-making for IONQ should carefully factor in these elements against the identified risks, such as high volatility and the intensely competitive quantum computing landscape. Your individual investment horizon and risk tolerance will ultimately guide whether IONQ fits into your portfolio. It’s a stock for investors who believe in the long-term potential of quantum computing and are comfortable with the elevated risk and current unprofitability that come with investing in a leading innovator in this space.
Frequently Asked Questions (FAQ) About IONQ Stock
What is the IONQ stock price prediction for the next year (2025-2026)?
Based on current models, the average 1-year price forecast for IONQ is approximately $68.61. This represents a potential +46.3% change from the recent price of $46.90. Remember, this is a model-driven estimate, not a guarantee, and actual prices will fluctuate based on numerous market factors.
Will IONQ stock go up or down?
The 1-year forecast model suggests the price might significantly increase on average (+46.3% potential). However, the short-term direction is highly uncertain and heavily influenced by prevailing market sentiment (currently ‘Neutral’), breaking news, and overall economic conditions. Technical indicators like RSI (41.8, neutral) provide clues for near-term direction.
Is IONQ stock a good investment right now?
Whether IONQ is a ‘good buy’ now involves balancing various elements: ‘Neutral’ technicals, a +46.3% forecast potential, and its position in a high-growth, high-risk sector. While the RSI indicates neutral conditions, 3 potentially significant risk factors specific to IONQ were identified, including its price being below key moving averages and high operating expenses. Weigh the company’s valuation, stability, and growth against your own investment goals and risk profile. This report is informational; always consult a financial advisor before investing.
How volatile is IONQ stock?
Based on recent 30-day price action, IONQ’s annualized volatility is approximately 84.8%. This level is considered high, indicating significant recent price fluctuations. This aligns with its Beta of 2.59x, suggesting it moves considerably more than the broader market. Higher volatility means larger potential price swings, both up and down.
What are the key upcoming events for IONQ?
Key upcoming events for IonQ typically include quarterly earnings reports, announcements of new quantum computing advancements or partnerships, and updates on their cloud platform integrations. Beyond these, investors should monitor macroeconomic shifts, competitive actions within the quantum computing industry, and major corporate announcements. Always check IonQ’s official investor relations page or SEC filings for the most accurate and timely information.
What does IONQ’s liquidity position reveal about its financial health?
IONQ’s financial health includes a strong Current Ratio of 8.73x and a Quick Ratio of 8.10x, suggesting it can comfortably cover its short-term liabilities. This indicates excellent liquidity and financial resilience. However, its negative operating cash flow (-$248.10 million) and levered free cash flow (-$10.61 million) are important factors to monitor, as the core business is currently consuming more cash than it generates, typical for a growth-stage company.