IONQ Inc vs ArcelorMittal SA — how do they compare? IONQ Inc trades at $45.39 (market cap $17.60B), while ArcelorMittal SA trades at $74.4 (market cap $55.88B). The key difference: ArcelorMittal SA is far larger — about 3.2× IONQ Inc's market cap, and ArcelorMittal SA pays a 0.81% dividend while IONQ Inc pays none. Which is the better fit depends on your goals.
| IONQ | MT | |
|---|---|---|
Market Cap | $17.60B | $55.88B |
Sector | Technology | Basic Materials |
52-Week High | $82.09 | $75.35 |
52-Week Low | $26.59 | $32.44 |
Enterprise Value | $15.53B | $65.45B |
Dividend Yield | — | 0.81% |
Signals from Pluang's Aura AI — not financial advice
IONQ trades at $44.82, up 5.38% with a bullish technical signal supported by moving averages. The quantum computing company reported explosive 287% revenue growth in Q2 2026 to $80.1 million and raised its full-year outlook, though it remains deeply unprofitable with a -553% net margin. Recent catalysts include a $28 million DARPA contract extension and strong analyst sentiment with a $73.33 consensus price target representing 64% upside potential.
While IONQ demonstrates exceptional revenue momentum and technological leadership in quantum computing, investors face substantial risk from persistent losses, high cash burn, and valuation multiples exceeding 60x sales. The stock offers significant growth potential but requires tolerance for volatility and a long-term horizon given the nascent stage of quantum commercialization.
ArcelorMittal (MT) trades at $74.14, up 0.32% with a bullish technical outlook. The stock shows mixed fundamentals with revenue declining from $79.8B in 2022 to $61.4B in 2025, though net income improved to $3.2B. Recent Q2 2026 earnings missed expectations but management expects stronger second-half performance. Analyst consensus leans bullish with 50% buy ratings.
The outlook remains cautiously optimistic with improving European operations and strategic investments supporting growth. Key risks include cyclical steel demand, high capital expenditures, and competitive pressures. The stock offers value with reasonable P/S (0.9) and P/B (1.01) ratios, but investors should monitor execution on second-half guidance.
Trailing returns across standard periods
Latest headlines on both assets
IonQ is a leader in quantum computing, developing world-class quantum systems. Its technology aims to solve complex problems across finance, healthcare, and materials science that are beyond classical computers.
Read more on IONQ →ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA
Read more on MT →