Can IonQ Stock Recover If Markets Fall?
IonQ (IONQ) stock is down 11.6% in 5 trading days. The recent slide reflects renewed concerns around IonQ’s widening losses and increased quantum competition, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?
Before judging its downturn reslience, let’s look at where IonQ stands today.
- Size: IonQ is a $14 Bil company with $80 Mil in revenue currently trading at $46.44.
- Fundamentals: Last 12 month revenue growth of 113.1% and operating margin of -604.5%.
- Liquidity: Has Debt to Equity ratio of 0.0 and Cash to Assets ratio of 0.25
- Valuation: IonQ stock is currently trading at P/E multiple of -12.4 and P/EBIT multiple of -37.5
- Has returned (median) 35.9% within a year following sharp dips since 2010. See IONQ Dip Buy Analysis.
These metrics point to a Moderate operational performance, alongside Very High valuation – making the stock Unattractive. For details, see Buy or Sell IONQ Stock
That brings us to the key consideration for investors worried about this fall: how resilient is IONQ stock if markets turn south? This is where our downturn resilience framework comes in. Suppose IONQ stock falls another 20-30% to $33 – can investors comfortably hold on? Turns out, the stock has fared much worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.
2022 Inflation Shock
- IONQ stock fell 90.0% from a high of $31.00 on 17 November 2021 to $3.10 on 27 December 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
- However, the stock fully recovered to its pre-Crisis peak by 21 November 2024
- Since then, the stock increased to a high of $82.09 on 13 October 2025 , and currently trades at $46.44
| IONQ | S&P 500 | |
|---|---|---|
| % Change from Pre-Recession Peak | -90.0% | -25.4% |
| Time to Full Recovery | 695 days | 464 days |
Feeling jittery about IONQ stock? Consider portfolio approach.
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