Monetta Financial Services Inc. Purchases New Position in IonQ, Inc. $IONQ

Monetta Financial Services Inc. acquired a new stake in shares of IonQ, Inc. (NYSE:IONQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,000 shares of the company’s stock, valued at approximately $1,012,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in shares of IonQ by 12.5% during the 1st quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock valued at $2,962,000 after purchasing an additional 14,898 shares during the period. Amundi acquired a new position in IonQ in the first quarter worth approximately $630,000. AQR Capital Management LLC lifted its position in shares of IonQ by 106.2% in the first quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock worth $1,265,000 after buying an additional 29,513 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in IonQ by 24.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company’s stock worth $9,932,000 after acquiring an additional 87,428 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in IonQ by 30.3% in the 1st quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock valued at $1,032,000 after purchasing an additional 10,881 shares during the period. 41.42% of the stock is currently owned by institutional investors.

Insider Transactions at IonQ

In other news, Director Kathryn K. Chou sold 2,757 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total value of $151,690.14. Following the completion of the transaction, the director owned 62,608 shares in the company, valued at $3,444,692.16. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider John W. Raymond sold 3,815 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the completion of the transaction, the insider directly owned 80,148 shares in the company, valued at approximately $4,408,941.48. This represents a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 9,329 shares of company stock worth $513,216. Company insiders own 0.55% of the company’s stock.

IonQ Trading Down 1.9%

Shares of NYSE:IONQ opened at $43.27 on Thursday. The stock’s fifty day simple moving average is $44.95 and its two-hundred day simple moving average is $43.15. The stock has a market cap of $16.48 billion, a PE ratio of -9.28 and a beta of 3.28. IonQ, Inc. has a 1-year low of $25.89 and a 1-year high of $84.64.

IonQ (NYSE:IONQ) last issued its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.23. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The firm had revenue of $80.05 million during the quarter, compared to analyst estimates of $66.47 million. During the same quarter last year, the business earned ($0.70) earnings per share. The company’s quarterly revenue was up 286.7% on a year-over-year basis. On average, sell-side analysts forecast that IonQ, Inc. will post -2.86 earnings per share for the current fiscal year.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ’s second-quarter results exceeded expectations, with revenue of $80.05 million—up 286.7% year over year—and a smaller-than-expected loss. The company also raised its full-year 2026 revenue guidance, reinforcing the growth narrative. IonQ Gains Attention After Q2 Results and New Deals
• Positive Sentiment: IonQ’s Space Division won a radar-imaging contract from the National Reconnaissance Office. The award highlights potential growth beyond quantum-computing hardware, particularly following the Capella Space and SkyWater acquisitions. IonQ’s Space Contract Points to a New Frontier for Quantum Investors
• Positive Sentiment: New collaborations are expanding access to IonQ’s systems and supporting research and communications initiatives in North America. A partnership with CMC Microsystems will make IonQ’s trapped-ion systems available through Canada’s FABrIC Quantum Computing Sandbox, potentially broadening adoption among researchers. IonQ and CMC Microsystems Announce Collaboration
• Neutral Sentiment: Investors are increasingly differentiating among quantum-computing companies based on revenue growth and financial strength. IonQ’s results compare favorably with some peers, but the sector remains pre-profit and highly speculative, making diversified quantum ETFs an alternative for risk-conscious investors. Quantum Stocks Are Starting to Choose Sides
• Negative Sentiment: IonQ remains richly valued despite negative earnings and substantial operating losses. The valuation debate is limiting enthusiasm even after the strong quarter and new deals.
• Negative Sentiment: Higher long-term Treasury yields and weaker artificial-intelligence sentiment have prompted a rotation away from speculative technology stocks, pressuring IonQ and other quantum names. Quantum Stocks Fall as Rates Force Rotation

Analysts Set New Price Targets

IONQ has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Wedbush initiated coverage on shares of IonQ in a research note on Monday, August 3rd. They issued an “outperform” rating and a $75.00 price objective on the stock. Morgan Stanley set a $49.00 price target on IonQ in a report on Thursday, August 6th. Northland Securities raised their target price on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, June 22nd. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $70.00 price objective on shares of IonQ in a research note on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

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.