Diversify Advisory Services LLC Buys Shares of 20,841 IonQ, Inc. $IONQ

Diversify Advisory Services LLC purchased a new position in shares of IonQ, Inc. (NYSE:IONQ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,841 shares of the company’s stock, valued at approximately $749,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Swedbank AB acquired a new position in IonQ in the 4th quarter valued at about $2,708,000. Jefferies Financial Group Inc. acquired a new stake in shares of IonQ during the fourth quarter worth about $3,271,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of IonQ by 96.5% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 125,556 shares of the company’s stock worth $3,620,000 after purchasing an additional 61,656 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of IonQ by 30.3% in the fourth quarter. ProShare Advisors LLC now owns 62,184 shares of the company’s stock valued at $2,790,000 after purchasing an additional 14,465 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in shares of IonQ in the second quarter valued at approximately $981,000. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

IonQ Price Performance

Shares of NYSE IONQ opened at $41.57 on Friday. The business has a 50-day moving average of $44.62 and a two-hundred day moving average of $43.16. The company has a market capitalization of $15.84 billion, a price-to-earnings ratio of -8.92 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 released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) EPS for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.23. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The business had revenue of $80.05 million for the quarter, compared to the consensus estimate of $66.47 million. During the same quarter in the prior year, the business posted ($0.70) EPS. The business’s revenue for the quarter was up 286.7% on a year-over-year basis. As a group, equities research analysts expect that IonQ, Inc. will post -2.86 earnings per share for the current year.

IonQ News Roundup

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 versus the $66.47 million analyst consensus, while revenue increased sharply year over year. The company also raised its full-year 2026 revenue guidance, supporting the growth outlook. IonQ Gains Attention After Q2 Results And New Deals As Valuation Debate Builds
• Positive Sentiment: New collaborations in the United States and Canada could expand access to IonQ’s quantum systems and advance applications in quantum research and communications. How IonQ Could Benefit From Its Latest Quantum Collaborations
• Positive Sentiment: IonQ’s Space division won a radar-imaging contract from the National Reconnaissance Office. The award highlights potential growth beyond core quantum-computing hardware, following the Capella Space and SkyWater acquisitions. IonQ’s Space Contract Points to a New Frontier for Quantum Investors
• Neutral Sentiment: Investors are increasingly differentiating among quantum companies based on revenue growth and financial strength, while also considering diversified quantum-focused ETFs as alternatives to individual stocks. Quantum Stocks Are Starting to Choose Sides
• Negative Sentiment: IonQ is being sold alongside Rigetti and D-Wave in a sector-wide quantum-stock selloff. Reports cite rising Treasury yields, cooling artificial-intelligence sentiment, and rotation away from speculative technology stocks. No fresh company-specific bad news was identified. What’s Behind the Quantum Stock Selloff?
• Negative Sentiment: Despite improving revenue, IonQ remains unprofitable and trades at a rich valuation, leaving the stock particularly sensitive to higher interest rates and shifts in risk appetite.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on IONQ shares. JPMorgan Chase & Co. upped their target price on shares of IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Wedbush assumed coverage on shares of IonQ in a research report on Monday, August 3rd. They issued an “outperform” rating and a $75.00 price target for the company. Benchmark restated a “buy” rating and issued a $60.00 price target on shares of IonQ in a research note on Thursday, August 6th. Needham & Company LLC restated a “buy” rating and issued a $65.00 price target on shares of IonQ in a research note on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of IonQ in a research report on Friday, August 7th. Nine research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.92.

Insider Activity at IonQ

In other IonQ news, Director Gabrielle B. Toledano sold 2,757 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $151,662.57. Following the sale, the director owned 11,154 shares of the company’s stock, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathryn K. Chou sold 2,757 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total transaction of $151,690.14. Following the sale, the director directly owned 62,608 shares in the company, valued at approximately $3,444,692.16. The trade was a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,329 shares of company stock valued at $513,216 over the last three months. 0.55% of the stock is owned by corporate insiders.

IonQ Profile

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.