IONQ 1-day forecast by Perplexity

The model's reasoning

(1) Daily OHLCV: The last five completed NYSE sessions, oldest to newest, were: 2026-10-09 open $40.00, high $40.24, low $38.99, close $39.89, volume 13,255,799; 2026-10-12 open $38.79, high $38.81, low $35.89, close $36.27, volume 32,151,499; 2026-10-13 open $35.82, high $35.99, low $34.48, close $34.73, volume 23,468,073; 2026-10-14 open $33.15, high $33.39, low $31.05, close $31.42, volume 41,353,668; 2026-10-15 open $30.55, high $34.36, low $30.03, close $34.35, volume 48,163,347. Source: https://www.quiverquant.com/stock/IONQ/historical-prices/ and https://ca.finance.yahoo.com/quote/IONQ/history/; NYSE, US Eastern daily session boundary, USD, split-adjusted close, volume in shares.

(2) Context: return_5d_pct = -12.93%, calculated from the October 15 close of $34.35 versus the October 8 close of $39.45. The verified 20-session high is $47.33 (September 30) and the verified 20-session low is $30.03 (October 15); a complete 20-session average volume could not be verified from the retrieved history, so avg_volume_20d is null. Recent volume was elevated: the October 14 and October 15 sessions traded roughly 41.4 million and 48.2 million shares, respectively, above the roughly 13-32 million-share range visible in the prior sessions, indicating active repositioning rather than quiet drift.

(3) Intraday evidence: latest_price is $31.92, quote_time 2026-10-16T11:54:45-04:00, source https://ca.finance.yahoo.com/quote/IONQ/, live regular-session delayed quote. This is below the prior close of $34.35, a decline of about 7.07% from that close. The stock opened near $33.02 and traded between roughly $32.05 and $33.59 earlier in the session per https://upstox.com/us-stocks/ionq-share-price/; PARTIAL SESSION open was approximately $33.02, while verified high_so_far, low_so_far, and cumulative_volume at the exact window start are null. Relative intraday volume cannot be established without a same-time-of-day baseline.

(4) Market regime: IONQ is in a high-volatility, news-driven drawdown. The $2.0 billion equity offering priced at $40.00 per share on October 14 introduced dilution and warrant overhang, while the all-stock acquisition of Elisity for up to $1.3 billion added integration and share-issuance uncertainty. The October 15 rebound to $34.35, on the highest recent volume, showed dip-buying interest, but today’s slide back below $32 suggests that rebound is failing rather than extending. Source: https://investors.ionq.com/news/news-details/2026/IonQ-Announces-Pricing-of-2-0-Billion-Equity-Offering/default.aspx and https://ionq.com/news/ionq-to-acquire-elisity-to-accelerate-zero-trust-for-the-quantum-era.

(5) Catalyst assessment: Verified recent catalysts include the Elisity acquisition announcement on October 12, the $2.0 billion equity-offering pricing on October 14, and the Cambridge Quantum Innovation Centre opening on October 15. The acquisition and offering change capital-structure and dilution expectations; the Cambridge centre is mainly a sentiment and long-term roadmap catalyst rather than a near-term earnings driver. No verified earnings release or other hard scheduled catalyst was found inside the October 16-19 window.

(6) Price range: The forecast anchors to $31.92 and leans below it because intraday momentum is negative and the prior session’s rebound has been largely retraced. The $30.03 low from October 15 is the nearest observed support; a break below it opens room toward the high-$28 area. Upside is capped nearer the $34.35 prior close and the October 15 high of $34.36, with $34.75 allowing for a short-covering or momentum reversal. The range is therefore asymmetric: $28.50-$34.75.

(7) Counter-evidence: The strongest evidence against a bearish call is October 15’s 9.33% rally from a $30.03 low to a $34.35 close on roughly 48 million shares, which demonstrates that buyers aggressively defended the low. The Cambridge announcement and prior DARPA Quantum Benchmarking Initiative progress also provide positive narrative support. Source: https://ionq.com/news/ionq-advances-to-final-stage-of-darpas-quantum-benchmarking-initiative.

(8) Invalidation: A sustained move back above $34.36-the October 15 high-would undermine the bearish continuation thesis and suggest the offering-related selling has been absorbed. Conversely, a decisive break below $30.03 would validate the bearish view and likely extend the downside range.

(9) Confidence: Confidence is 42% because the one-day horizon is dominated by volatile, sentiment-sensitive trading in a stock that moved more than 9% in each direction within two sessions. The bearish lean rests on today’s confirmed weakness and dilution overhang, but the strong October 15 reversal and absence of a verified near-term catalyst prevent higher conviction.

Other models on the same question

How this forecast is measured

Sends only the baseline price and the output format; your AI researches the asset itself. Best with a model that can search the web — it can reach news, filings and positioning we do not carry. Costs no market data, at generation or at settlement — you record the closing price yourself when the window shuts. The monthly allowance is what a membership buys, not a data bill.

Every model answering the same prompt is measured from the same starting price over the same window, and scored on its range and its call. How scoring works · All shared research.