Is IonQ Inc (NYSE: IONQ) Still A Loss Stock Despite Being Down -33.98% YTD?

During the last session, IonQ Inc (NYSE:IONQ)’s traded shares were 3.45 million, with the beta value of the company hitting 2.19. At the end of the trading day, the stock’s price was $8.18, reflecting an intraday loss of -0.24% or -$0.02. The 52-week high for the IONQ share is $21.60, that puts it down -164.06 from that peak though still a striking 35.33% gain since the share price plummeted to a 52-week low of $5.29. The company’s market capitalization is $1.70B, and the average trade volume was 6.86 million shares over the past three months.

IonQ Inc (NYSE:IONQ) trade information

IonQ Inc (IONQ) registered a -0.24% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.24% in intraday trading to $8.18, hitting a weekly high. The stock’s 5-day price performance is 10.99%, and it has moved by -10.21% in 30 days. Based on these gigs, the overall price performance for the year is 48.46%.

IonQ Inc (IONQ) estimates and forecasts

Statistics show that IonQ Inc has underperformed its competitors in share price, compared to the industry in which it operates. IonQ Inc (IONQ) shares have gone down -25.70% during the last six months, with a year-to-date growth rate less than the industry average at -58.97% against -8.60. In the rating firms’ projections, revenue will increase 76.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.07M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 8.44M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.29M and 4.35M respectively. In this case, analysts expect current quarter sales to grow by 65.00% and then jump by 94.00% in the coming quarter.

While earnings are projected to return -35.58% in 2024, the next five years will return 20.00% per annum.

IONQ Dividends

IonQ Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

IonQ Inc (NYSE:IONQ)’s Major holders