IONQ
IonQ, Inc.
There isn't enough reported data to score IONQ yet.
PLTR
Palantir Technologies Inc.
PLTR's fundamentals are strong and it looks cheap: trading at 120x earnings, about half its usual 252x. Analysts expect strong earnings growth.
IONQ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Weak | |
| Unavailable |
IONQ's revenue is currently healthy, and its profitability is stable, but its cash flow is weak. There isn't enough data to rate its balance sheet.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
IONQ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 33x | $30.86 | — |
| Cheap | 86x | $80.61 | +161% |
| Fair | 126x | $119 | +285% |
| Expensive | 147x | $138 | +349% |
Historical ranges are pointers, not guarantees.
IONQ has the edge over PLTR in the historical PE scenario, which offers more potential upside but is not a forecast.
PLTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 75x | $172 | — |
| Current | 120x | $172 | — |
| Cheap | 165x | $236 | +37% |
| Fair | 251x | $359 | +109% |
| Expensive | 452x | $646 | +277% |
Historical ranges are pointers, not guarantees.
PLTR's PE is in its cheap range at 120x. If earnings grow as analysts expect, today's price would be 75x next year's earnings.
IONQ Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect IONQ's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for PLTR, with profitability improving.
IONQ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.94 | +$6.31 |
| Q2 2026 | -$3.99 | -$1.96 |
| Q1 2026 | $0.39 | +$1.90 |
| Q4 2025 | -$1.82 | -$0.26 |
| Q3 2025 | -$5.37 | -$4.56 |
| Q2 2025 | -$2.03 | -$1.24 |
| Q1 2025 | -$1.51 | -$0.68 |
| Q4 2024 | -$1.56 | -$0.78 |
IONQ has returned to profit: it earned $0.94 per share over the past year, after losing money the year before.
PLTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.30 | +61% |
| Q3 2026 | $1.43 | +240% |
| Q2 2026 | $1.17 | +290% |
| Q1 2026 | $0.89 | +287% |
| Q4 2025 | $0.63 | +232% |
| Q3 2025 | $0.42 | +110% |
| Q2 2025 | $0.30 | +76% |
| Q1 2025 | $0.23 | +92% |
| Q4 2024 | $0.19 | +111% |
PLTR has the edge over IONQ on earnings, with more consistent year-over-year improvement.
IONQ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $173.8M | +336% |
| Q2 2026 | $80.1M | +287% |
| Q1 2026 | $64.7M | +755% |
| Q4 2025 | $61.9M | +429% |
| Q3 2025 | $39.9M | +222% |
| Q2 2025 | $20.7M | +82% |
| Q1 2025 | $7.6M | -0.2% |
| Q4 2024 | $11.7M | +92% |
IONQ's revenue is recovering but still below its 2022 peak: $174M last quarter, up 336% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -249% | +174 points |
| Q2 2026 | -421% | +355 points |
| Q1 2026 | -420% | +580 points |
| Q4 2025 | -369% | +292 points |
| Q3 2025 | -423% | +5.1 points |
| Q2 2025 | -776% | -346 points |
| Q1 2025 | -1000% | -303 points |
| Q4 2024 | -662% | +230 points |
IONQ's operating margin was −249% last quarter, up 174 points from the same quarter a year ago, near the top of its range since 2021.
PLTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +96% |
| Q2 2026 | $1.9B | +93% |
| Q1 2026 | $1.6B | +85% |
| Q4 2025 | $1.4B | +70% |
| Q3 2025 | $1.2B | +63% |
| Q2 2025 | $1B | +48% |
| Q1 2025 | $883.9M | +39% |
| Q4 2024 | $827.5M | +36% |
PLTR's revenue has grown year over year every quarter since late 2020: $2.3B last quarter, up 96% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +14 points |
| Q2 2026 | 47% | +20 points |
| Q1 2026 | 46% | +26 points |
| Q4 2025 | 41% | +40 points |
| Q3 2025 | 33% | +18 points |
| Q2 2025 | 27% | +11 points |
| Q1 2025 | 20% | +7.2 points |
| Q4 2024 | 1.3% | -9.5 points |
PLTR has the edge over IONQ on profitability, with a higher operating margin.
IONQ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$331.9M | -$204.7M |
| Q2 2026 | -$114M | -$60.2M |
| Q1 2026 | -$159.4M | -$124.1M |
| Q4 2025 | -$83.3M | -$40.3M |
| Q3 2025 | -$127.2M | -$104.2M |
| Q2 2025 | -$53.8M | -$19.7M |
| Q1 2025 | -$35.3M | -$11.7M |
| Q4 2024 | -$43M | -$9.2M |
IONQ has burned cash in almost every quarter: −$689M over the past year, against −$259M the year before.
PLTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +139% |
| Q2 2026 | $1.2B | +126% |
| Q1 2026 | $891.8M | +193% |
| Q4 2025 | $764M | +67% |
| Q3 2025 | $500.9M | +20% |
| Q2 2025 | $531.6M | +276% |
| Q1 2025 | $304.1M | +140% |
| Q4 2024 | $457.2M | +54% |
PLTR has the edge over IONQ on cash generation, producing positive trailing cash flow while its opponent burns cash.
IONQ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9% | +33.2M shares |
| 1 year | +60% | +150M shares |
| 3 years | +99% | +199M shares |
| 5 years | +108% | +208M shares |
IONQ has 401M diluted shares, up 60% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
PLTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +5.2M shares |
| 1 year | +0.1% | +2.9M shares |
| 3 years | +11% | +248M shares |
| 5 years | +31% | +610M shares |
| Available history | +184% | +1.7B shares |
PLTR has the edge over IONQ on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $19.2M |
| Q3 2025 | $19.2M |
| Q2 2025 | $18.6M |
| Q1 2025 | $18M |
| Q4 2024 | $18.6M |
| Q3 2024 | $18.9M |
| Q2 2024 | $17.7M |
| Q1 2024 | $9M |
IONQ Net Leverage
PLTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -2.3x | Net Cash |
| Q4 2024 | -6.1x | Net Cash |
PLTR has more cash than debt.
IONQ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.7 | Neutral |
| Stochastic | 22.3 | Neutral |
IONQ's weekly RSI is 41 (neutral) and its Stochastic is 22 (neutral).
PLTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 47.4 | Neutral |
PLTR's weekly RSI is 51 (neutral) and its Stochastic is 47 (neutral).
IONQ PE vs Technology Sector
| Metric | IONQ | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 28x | 18% above |
IONQ has the edge over PLTR on valuation relative to its sector.
PLTR PE vs Technology Sector
| Metric | PLTR | Sector median | Relative |
|---|---|---|---|
| PE | 120x | 28x | 331% above |
| PE % | 1 | 38 | 37 pts below |
PLTR is trading at 120x earnings, a 331% premium to the Technology sector's median of 28x.
IONQ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.7 | 13% below |
| 20 week MA | $38.6 | 20% below |
| 50 week MA | $42.4 | 27% below |
| 100 week MA | $42.2 | 27% below |
| 200 week MA | $26.8 | 15% above |
IONQ has fallen below most of its moving averages, though it's still 15% above its 200-week average.
PLTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $185.8 | 7.6% below |
| 20 week MA | $167.6 | 2.4% above |
| 50 week MA | $157.1 | 9.2% above |
| 100 week MA | $143.8 | 19% above |
| 200 week MA | $83.3 | 106% above |
PLTR has the edge over IONQ on trend strength, trading above more of its moving averages.
IONQ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $11.0 | $17.9 | +62% |
| 2022 | $17.9 | $3.30 | -82% |
| 2023 | $3.30 | $12.4 | +275% |
| 2024 | $12.4 | $45.5 | +267% |
| 2025 | $45.5 | $46.0 | +1.1% |
| 2026 YTD | $46.0 | $30.9 | -33% |
IONQ's yearly returns have swung widely, from +275% in 2023 to −82% in 2022. It's down 33% so far in 2026.
PLTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.20 | $27.8 | +202% |
| 2021 | $27.8 | $18.9 | -32% |
| 2022 | $18.9 | $6.29 | -67% |
| 2023 | $6.29 | $17.2 | +173% |
| 2024 | $17.2 | $79.1 | +361% |
| 2025 | $79.1 | $188.7 | +139% |
| 2026 YTD | $188.7 | $171.6 | -9.1% |
PLTR has the edge over IONQ on returns for 2026, with the stronger performance.