Key Points
- IonQ insider John Raymond sold 2,407 shares for approximately $89,564 at an average price of $37.21, reducing his ownership by 3% while retaining 77,741 shares.
- IonQ reported quarterly revenue of $80.05 million, up 286.7% year over year and above analyst estimates, while its adjusted loss of $0.33 per share was narrower than expected. However, the company remains unprofitable, with a negative net margin of 553.27%.
- Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and average price target of $67.17, though Mizuho lowered its target to $52 and concerns remain about IonQ’s high valuation and long-term execution.
IonQ, Inc. (NYSE:IONQ - Get Free Report) insider John Raymond sold 2,407 shares of the company's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $37.21, for a total transaction of $89,564.47. Following the completion of the transaction, the insider owned 77,741 shares in the company, valued at approximately $2,892,742.61. This trade represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
IonQ Price Performance
Shares of NYSE IONQ opened at $36.77 on Friday. The company has a market cap of $14.01 billion, a PE ratio of -7.89 and a beta of 3.30. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64. The company has a 50-day simple moving average of $39.92 and a 200-day simple moving average of $43.70.
IonQ (NYSE:IONQ - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) earnings per share for the quarter, beating analysts' consensus estimates of ($0.56) by $0.23. The business had revenue of $80.05 million during the quarter, compared to analyst estimates of $66.47 million. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The company's revenue was up 286.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.70) earnings per share. On average, analysts anticipate that IonQ, Inc. will post -2.86 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on IONQ shares. Weiss Ratings lowered IonQ from a "sell (d+)" rating to a "sell (d-)" rating in a research note on Friday, August 21st. Mizuho dropped their target price on IonQ from $61.00 to $52.00 and set an "outperform" rating for the company in a research note on Wednesday. Northland Securities increased their target price on IonQ from $55.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, June 22nd. Morgan Stanley set a $49.00 price target on IonQ in a research note on Thursday, August 6th. Finally, Wedbush started coverage on IonQ in a report on Monday, August 3rd. They issued an "outperform" rating and a $75.00 price target for the company. Ten investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $67.17.
Check Out Our Latest Analysis on IonQ
Hedge Funds Weigh In On IonQ
A number of hedge funds have recently made changes to their positions in IONQ. Swedbank AB acquired a new stake in IonQ during the fourth quarter worth about $2,708,000. Jefferies Financial Group Inc. acquired a new position in shares of IonQ in the 4th quarter valued at about $3,271,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of IonQ by 96.5% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 125,556 shares of the company's stock valued at $3,620,000 after purchasing an additional 61,656 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of IonQ by 30.3% during the 4th quarter. ProShare Advisors LLC now owns 62,184 shares of the company's stock worth $2,790,000 after purchasing an additional 14,465 shares during the period. Finally, Simplicity Wealth LLC purchased a new stake in shares of IonQ during the 2nd quarter worth about $981,000. Institutional investors and hedge funds own 41.42% of the company's stock.
Trending Headlines about IonQ
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million, with the increase supported partly by its SkyWater acquisition. Higher guidance strengthens the company’s growth narrative, although acquisition-related contributions may limit the organic-growth benefit. IonQ Raises 2026 Revenue Guidance
- Positive Sentiment: IonQ unveiled Superion 256, a 256-qubit quantum processing unit, along with plans for faster chip development and data-center deployment targeted for 2027. The announcement may support expectations for commercial adoption and technological leadership. IonQ Advances Quantum Computing With Superion 256
- Positive Sentiment: Rosenblatt Securities and Needham reiterated Buy ratings, while Cantor Fitzgerald reaffirmed an Overweight rating, indicating that several analysts remain constructive on IonQ’s long-term opportunity. Rosenblatt Reiterates Buy Rating
- Neutral Sentiment: Investor-focused coverage highlighted IonQ’s position in quantum-computing accuracy and its potential to benefit from cybersecurity demand. These articles are largely opinion-based rather than new financial disclosures. If I Could Only Buy One Quantum Computing Stock
- Negative Sentiment: Mizuho analyst Vijay Rakesh cut his price target to $52 from $61 after IonQ’s Analyst Day, despite maintaining a Buy rating. The reduction suggests the updated outlook did not fully satisfy expectations. Why IonQ Stock Is Down
- Negative Sentiment: Critical coverage questioned whether IonQ’s long-term quantum opportunity is sufficiently supported by near-term financial results. IonQ remains unprofitable, and its elevated valuation makes the stock particularly sensitive to execution concerns and changing investor expectations. Why IonQ’s Quantum Story Still Isn’t Convincing
About IonQ
(
Get Free Report)
IonQ, Inc is a quantum computing company that develops and commercializes quantum computers based on trapped-ion technology. Its systems are designed to perform specialized computations that may be difficult for classical computers, with potential applications in areas such as optimization, materials science, drug discovery, artificial intelligence and financial modeling.
The company provides access to its quantum processors through cloud platforms, including Amazon Web Services' Amazon Braket, Microsoft Azure Quantum and Google Cloud.
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