Financial Comparison: Intchains Group (NASDAQ:ICG) vs. IonQ (NYSE:IONQ)

IonQ (NYSE:IONQ) and Intchains Group (NASDAQ:ICG) are both technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, valuation, profitability, risk, dividends, earnings and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and price targets for IonQ and Intchains Group, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
IonQ	1	4	10	0	2.60
Intchains Group	1	1	2	0	2.25

IonQ presently has a consensus target price of $63.83, suggesting a potential upside of 43.16%. Intchains Group has a consensus target price of $2.50, suggesting a potential upside of 184.09%. Given Intchains Group’s higher possible upside, analysts plainly believe Intchains Group is more favorable than IonQ.

Valuation & Earnings

This table compares IonQ and Intchains Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
IonQ	$130.02 million	130.66	-$510.38 million	($4.66)	-9.57
Intchains Group	$31.58 million	1.69	-$6.80 million	($0.12)	-7.33

Intchains Group has lower revenue, but higher earnings than IonQ. IonQ is trading at a lower price-to-earnings ratio than Intchains Group, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

IonQ has a beta of 3.3, suggesting that its share price is 230% more volatile than the S&P 500. Comparatively, Intchains Group has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500.

Profitability

This table compares IonQ and Intchains Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
IonQ	-553.27%	-22.29%	-13.20%
Intchains Group	-24.68%	-5.29%	-5.08%

Institutional & Insider Ownership

41.4% of IonQ shares are held by institutional investors. 0.6% of IonQ shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

About IonQ

IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft’s Azure Quantum, and Google’s Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems. The company was founded in 2015 and is headquartered in College Park, Maryland.

About Intchains Group

Intchains Group Limited designs and sells application-specific integrated circuit chips for blockchain applications in the People's Republic of China. The company also offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.