IONQ NYSE Week ended 31 Jul 2026

Weekly Investor Report

IONQ Inc · Technology · Computer Hardware

Open interactive chart View report data
Latest close 36.44 USD
11.0% latest week
Weekly setup

Weak trend

The weekly trend is not active. Price is -16.0% below the Trend Line and sits at 18.0% of its 52-week range. The latest completed week returned 11.0%, after a -25.8% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks strongly; valuation is expensive relative to peers. Options positioning is bullish with 37/100 conviction, while the latest news-sentiment score is 58/100. Near-term considerations: volume confirmation is below normal; earnings are due in 4d.

Setup score 21 out of 100
Latest Close 36.44 USD 31 Jul 2026
1W Return 11.0% latest completed week
4W Return -25.8% short-term follow-through
12W Return -26.0% quarterly tape
Trend Breadth 46.2% 24 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
What is working
  • Price is above Fair Value, showing premium demand versus the model.
  • Latest weekly return ranks in the strongest part of its sector group.
What could go wrong
  • The trend backdrop is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Activity pressure is negative, which weakens the current setup.
  • 2 reversal markers appear in the recent smart-money tape.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through 11.0% Latest completed week; four-week move -25.8%. Indicator stack 25/18 Trend and activity pressure are weighted against the latest 12-week confirmation window. Trend backdrop Active The trend backdrop defines the current weekly regime. Patient Capital Quiet Activity-pressure buy-signal status for institutional accumulation timing. Options pressure Bullish 37/100 conviction; expected move 14.3%. News sentiment 58/100 16 relevant articles in the latest sentiment read. Event risk 4d Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is not active. Price is -16.0% below the Trend Line and sits at 18.0% of its 52-week range. The latest completed week returned 11.0%, after a -25.8% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 0.9x the 13-week average. Participation is below its recent norm, so price strength is not receiving full volume confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
6 Feb 13 Feb 20 Feb 27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.5012-week average 0.48

12-week confirmation

Trend active6/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership6/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.50Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers22 reversal markers

No recent accumulation markers. 2 reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is -25.8% over four weeks, -26.0% over 12 weeks, and -4.4% over one year. The current trend has remained active for 0 consecutive weeks.

Performance by holding period

1W11.0%
4W-25.8%
12W-26.0%
26W-8.9%
52W-4.4%
Active trend streak0 weeks
Active weeks in one year24
Trend breadth46.2%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure-0.72Latest activity-pressure read.
Pressure change-236.8%Four-week change in activity pressure.
Leadership-29.54Latest relative-leadership reading.
RS change-339.6%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks strongly; valuation is expensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 31 Mar 2026 Field coverage 91% Model confidence 87%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength2/100Blend of value, momentum, and quality. Underlying universe rank 99; rank 1 is best.
Value6/100Relative valuation strength. Underlying universe rank 95; rank 1 is best.
Quality9/100Profitability and accounting quality. Underlying universe rank 92; rank 1 is best.
Momentum22/100Medium-term price momentum. Underlying universe rank 79; rank 1 is best.
Growth90/100Revenue and earnings growth. Underlying universe rank 11; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework12/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
44.2x
Price divided by trailing earnings.
Price / sales
65.5x
Market value relative to trailing revenue.
EV / EBITDA
30.1x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
-3.2%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
38.1%
Gross profit retained from each unit of revenue.
Operating margin
146.3%
Operating profit retained from revenue.
Free-cash-flow margin
-201.8%
Free cash flow generated from revenue.
Return on invested capital
4.5%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
334.6%
Latest one-year revenue growth.
EPS growth
-
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-
Latest one-year free-cash-flow growth.
Piotroski F-score
4/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
-
Cash dividends relative to market value.
Buyback yield
-27.0%
Net share repurchases relative to market value.
Shareholder yield
-27.0%
Dividend yield plus net buyback yield.
Net debt / EBITDA
-1.2x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Options positioningBullish

IONQ shows bullish options pressure with a 37/100 conviction score, put-call volume ratio of 0.56, expected move of 14.3%, and Sharemaestro trend signal inactive.

Conviction37/100
Expected move14.3%
Put/call volume0.56
Pressure29
Speculation41
Volatility96
Trend agreement22
Open options detail
Insider activity8 / 11

8 acquisitions and 11 disposals in the latest 180-day insider tape.

Acquisitions / disposals over the latest 180 days. Insider activity is context, not a stand-alone signal.
News sentiment58/100

Weighted news tone is neutral across 16 relevant articles.

5 positive · 10 neutral · 1 negative
Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings4dNext report is scheduled for 05 Aug 2026; event risk rises as the date approaches.
Options expected move14.3%Nearest-chain priced movement where available.
52-week drawdown-56.9%Distance below the 52-week high.
13-week volatility12.5%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher10 of 2616 weeks finished lower.
Best week+60.1%Week of 17 Apr.
Worst week-21.2%Week of 5 Jun.
Latest week+11.0%Week of 31 Jul.

Shape of recent returns

Strong gains9
Modest gains1
Flat weeks0
Modest losses4
Sharp losses12
Recent vol12.5%13-week weekly-return volatility.
Base vol14.0%52-week weekly-return volatility.
Up/down split21/31Count of positive and negative weeks in the 52-week window.
Average skew13.3% / -7.7%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

Weekly tape24/100

Trend, activity pressure, participation, and risk combine to a 24/100 tape read.

 Indicator analysis51/100

Latest 12-week confirmation: trend 6/12, activity pressure 9/12, relative leadership 6/12.

Activity pressure 0.50; 2 reversal markers Factors8/100

O'Shaughnessy factor stack blends value, quality, momentum, and confidence.

Buyback Yield rank 93; Small Cap Core rank 96 SVQF12/100

Value and quality alignment from the Sharemaestro SVQF framework.

Composite rank 896.0 of 1013 Patient CapitalQuiet

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

No recent buy signal Options46/100

IONQ shows bullish options pressure with a 37/100 conviction score, put-call volume ratio of 0.56, expected move of 14.3%, and Sharemaestro trend signal inactive.

Bullish · Call-side pressure · Expected move 14.3% Sentiment58/100

Weighted news tone is neutral across 16 relevant articles.

IonQ: 2 Q&As That Explain My Renewed Bullish Stance (Rating Upgrade) (NYSE:IONQ) Insiders8 / 11

8 acquisitions and 11 disposals in the latest 180-day insider tape.

 Earnings4d

Next report is scheduled for 05 Aug 2026; event risk rises as the date approaches.

 Research flow4 items

1 recent research articles and 3 Market Watch posts are available.
WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 202636.44 USD11.0%43.36 USD29.10 USD-0.72-29.54112.2MOff
24 Jul 202632.84 USD-5.6%43.70 USD28.97 USD-0.49-36.0484.4MOff
17 Jul 202634.78 USD-18.9%44.14 USD28.88 USD-0.09-33.11110.1MOff
10 Jul 202642.86 USD-12.7%44.60 USD28.75 USD0.23-19.4674.3MOn
3 Jul 202649.12 USD-0.4%44.85 USD28.56 USD0.52-6.7269.2MOn
26 Jun 202649.31 USD-12.8%44.97 USD28.33 USD0.74-4.48169.7MOn
19 Jun 202656.55 USD-2.2%44.97 USD28.10 USD0.956.9887.1MOn
12 Jun 202657.85 USD1.9%44.47 USD27.80 USD1.2110.67137.4MOn
5 Jun 202656.78 USD-21.2%44.12 USD27.49 USD1.349.66159.2MOn
29 May 202672.07 USD13.2%44.20 USD27.19 USD1.4336.12120.1MOff
22 May 202663.64 USD22.5%43.88 USD26.79 USD1.2922.82191.6MOff
15 May 202651.95 USD5.5%43.77 USD26.45 USD1.081.29191.0MOff
8 May 202649.24 USD6.6%44.13 USD26.17 USD0.97-3.50187.1MOff
1 May 202646.20 USD8.2%44.85 USD25.90 USD0.29-7.05112.9MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.