IonQ (NYSE:IONQ) vs. Eastman Kodak (OTCMKTS:EKDKQ) Critical Review

Eastman Kodak (OTCMKTS:EKDKQ) and IonQ (NYSE:IONQ) 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, dividends, analyst recommendations, earnings, profitability and risk.

Analyst Ratings

This is a breakdown of current recommendations for Eastman Kodak and IonQ, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Eastman Kodak	0	0	0	0	0.00
IonQ	1	4	9	0	2.57

IonQ has a consensus price target of $69.92, suggesting a potential upside of 64.51%. Given IonQ’s stronger consensus rating and higher possible upside, analysts plainly believe IonQ is more favorable than Eastman Kodak.

Profitability

This table compares Eastman Kodak and IonQ’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eastman Kodak	N/A	N/A	N/A
IonQ	-553.27%	-21.75%	-13.72%

Earnings and Valuation

This table compares Eastman Kodak and IonQ”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Eastman Kodak	N/A	N/A	N/A	N/A	N/A
IonQ	$130.02 million	122.01	-$510.38 million	($4.66)	-9.12

Eastman Kodak has higher earnings, but lower revenue than IonQ.

Institutional and Insider Ownership

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

Summary

IonQ beats Eastman Kodak on 6 of the 9 factors compared between the two stocks.

About Eastman Kodak

Eastman Kodak Company (Kodak) is a technology company focused on imaging for business. Kodak provides disruptive technologies and solutions, quality enhancements and professional services. It offers disruptive technologies and solutions in product goods packaging, functional and digital printing markets. It offers quality enhancements for customers of its businesses in graphics and entertainment. Professional services help businesses redefine information flow and security.

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.