Ionic Digital Inc. (IOND)Financial Services | Capital Markets | Washington, United States | NasdaqGS
71.31 USD
-0.71
(-0.986%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 70.26 -1.05 (-1.050%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:01 a.m. EDT
The investment case for Ionic Digital Inc. is currently paralyzed by a complete absence of fundamental traction and market interest. The company is reporting significant losses with a trailing EPS of -$5.18 and negative operating cash flow, while trading at a premium valuation with a P/S ratio of nearly 19x and a P/B of 4.8x. Despite showing a 30.8% revenue growth rate, the market has not rewarded this growth, evidenced by the flat price trajectory and the lack of any multi-year price anchors in the historical data. The balance sheet, while technically liquid with a massive current ratio, is built on minimal equity and negative cash generation, making the high book value suspect rather than a fortress. With no analyst recommendations, no recent news catalysts, and virtually zero options activity to suggest institutional or retail positioning, the stock offers no clear edge for investors. It remains a speculative holding with no visible path to profitability or capital appreciation. |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 0.016 |
| Revenue per Share | 4.367 |
| Market Cap | 3,203,346,944 |
| Forward P/E | 30.34 |
| Profit Margins | -183.75% |
| Website | https://ionicdigital.com |
As of Aug. 22, 2026, 4:01 a.m. EDT: Speculator positioning is extremely thin and lacks directional conviction. Call volume and open interest are negligible across all expirations, with no significant strikes identified for either calls or puts. Put activity is similarly sparse, suggesting a lack of active hedging or speculative bets on either side. The market appears indifferent or inactive regarding this specific name.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.1337043 |
| Address1 | 650 Massachusetts Avenue NW |
| Address2 | 6th Floor |
| All Time High | 74.3 |
| All Time Low | 50.0 |
| Ask | 69.75 |
| Ask Size | 1 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 593,590 |
| Average Daily Volume3 Month | 957,725 |
| Average Volume | 957,725 |
| Average Volume10Days | 593,590 |
| Bid | 72.43 |
| Bid Size | 1 |
| Book Value | 13.661 |
| City | Washington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 71.31 |
| Current Ratio | 24.39 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 74.3 |
| Day Low | 71.07 |
| Debt To Equity | 0.016 |
| Display Name | Ionic Digital |
| Earnings Call Timestamp End | 1,787,173,200 |
| Earnings Call Timestamp Start | 1,787,173,200 |
| Earnings Timestamp | 1,787,169,600 |
| Earnings Timestamp End | 1,794,427,200 |
| Earnings Timestamp Start | 1,794,427,200 |
| Ebitda | 45,661,000 |
| Ebitda Margins | 0.27976 |
| Enterprise To Ebitda | 56.944 |
| Enterprise To Revenue | 15.931 |
| Enterprise Value | 2,600,105,472 |
| Eps Current Year | 0.695 |
| Eps Forward | 2.35 |
| Eps Trailing Twelve Months | -5.12 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 66.13917 |
| Fifty Day Average Change | 5.17083 |
| Fifty Day Average Change Percent | 0.07818105 |
| Fifty Two Week Change Percent | 13.37043 |
| Fifty Two Week High | 74.3 |
| Fifty Two Week High Change | -2.9900055 |
| Fifty Two Week High Change Percent | -0.040242333 |
| Fifty Two Week Low | 50.0 |
| Fifty Two Week Low Change | 21.309998 |
| Fifty Two Week Low Change Percent | 0.42619994 |
| Fifty Two Week Range | 50.0 - 74.3 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,785,245,400,000 |
| Float Shares | 32,011,428 |
| Forward Eps | 2.35 |
| Forward P E | 30.34468 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 15 |
| Fullday Change | -0.709999 |
| Fullday Change Percent | -0.985836 |
| Fullday Price | 70.26 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.69447 |
| Gross Profits | 113,346,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01345 |
| Held Percent Institutions | 0.05014 |
| Implied Shares Outstanding | 44,921,427 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Ipo Expected Date | 2,026-07-28 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Ionic Digital Inc. operates as a digital infrastructure solutions and cryptocurrency mining company. It leases digital infrastructure assets to hyperscalers, enterprise customers, and other businesses for high-performance computing and artificial intelligence cloud infrastructure. Ionic Digital Inc. was incorporated in 2024 and is based in Washington, District Of Columbia. |
| Long Name | Ionic Digital Inc. |
| Market | us_market |
| Market Cap | 3,203,346,944 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1869696763 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -299,895,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,242,877,815 |
| Number Of Analyst Opinions | 2 |
| Open | 71.9 |
| Operating Cashflow | -51,172,000 |
| Operating Margins | 0.42788 |
| Payout Ratio | 0.0 |
| Phone | (754) 273-6593 |
| Post Market Change | -1.0499954 |
| Post Market Change Percent | -1.4724379 |
| Post Market Price | 70.26 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 72.02 |
| Price Eps Current Year | 102.60432 |
| Price Hint | 2 |
| Price To Book | 5.219969 |
| Price To Sales Trailing12 Months | 19.626907 |
| Profit Margins | -1.83746 |
| Quick Ratio | 17.64 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.709999 |
| Regular Market Change Percent | -0.985836 |
| Regular Market Day High | 74.3 |
| Regular Market Day Low | 71.07 |
| Regular Market Day Range | 71.07 - 74.3 |
| Regular Market Open | 71.9 |
| Regular Market Previous Close | 72.02 |
| Regular Market Price | 71.31 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 422,807 |
| Revenue Growth | 0.308 |
| Revenue Per Share | 4.367 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 44,921,427 |
| Shares Percent Shares Out | 0.0139 |
| Shares Short | 79,623 |
| Short Name | Ionic Digital Inc. |
| Short Ratio | 0.06 |
| Source Interval | 15 |
| State | DC |
| Symbol | IOND |
| Target High Price | 85.0 |
| Target Low Price | 85.0 |
| Target Mean Price | 85.0 |
| Target Median Price | 85.0 |
| Total Cash | 415,737,984 |
| Total Cash Per Share | 11.124 |
| Total Debt | 138,000 |
| Total Revenue | 163,212,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -5.12 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 66.13917 |
| Two Hundred Day Average Change | 5.17083 |
| Two Hundred Day Average Change Percent | 0.07818105 |
| Type Disp | Equity |
| Volume | 422,807 |
| Website | https://ionicdigital.com |
| Zip | 20,001 |