IonQ (NYSE:IONQ) Stock Gets Price Target Reduction from Jefferies Financial Group

IonQ (NYSE:IONQ) had its price target lowered by research analysts at Jefferies Financial Group from $80.00 to $65.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group‘s price target points to a potential upside of 102.34% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 price target on shares of IonQ in a research report on Tuesday, October 13th. Bank of America restated a “buy” rating and issued a $50.00 price objective on shares of IonQ in a research report on Friday. B. Riley Financial lowered their target price on shares of IonQ from $100.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday. Wall Street Zen downgraded shares of IonQ from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Finally, Mizuho dropped their target price on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating for the company in a research report on Wednesday, September 9th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $60.23.

IonQ Stock Up 21.5%

NYSE:IONQ traded up $5.69 during trading hours on Friday, hitting $32.12. 42,656,594 shares of the company’s stock traded hands, compared to its average volume of 24,524,494. The firm has a market cap of $13.79 billion, a P/E ratio of -6.89 and a beta of 3.32. IonQ has a 52 week low of $24.92 and a 52 week high of $73.65. The business’s fifty day simple moving average is $36.91 and its two-hundred day simple moving average is $41.58.

IonQ (NYSE:IONQ) last posted its earnings results on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.06. The business had revenue of $173.83 million during the quarter, compared to analysts’ expectations of $141.49 million. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%. The firm’s revenue was up 336.0% on a year-over-year basis. During the same period in the previous year, the business earned ($3.58) earnings per share. On average, analysts expect that IonQ will post -2.96 EPS for the current year.

Insider Buying and Selling

In other IonQ news, insider John Raymond sold 2,407 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $37.21, for a total transaction of $89,564.47. Following the sale, the insider owned 77,741 shares in the company, valued at $2,892,742.61. This trade represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.55% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On IonQ

Hedge funds have recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new position in shares of IonQ during the 2nd quarter valued at about $25,000. EFG International AG purchased a new stake in IonQ in the second quarter worth approximately $30,000. N.E.W. Advisory Services LLC purchased a new stake in IonQ in the second quarter worth approximately $42,000. Blueline Advisors LLC bought a new position in IonQ during the third quarter valued at approximately $41,000. Finally, EverSource Wealth Advisors LLC grew its position in IonQ by 216.5% during the first quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock valued at $28,000 after acquiring an additional 656 shares during the last quarter. Institutional investors own 41.42% of the company’s stock.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ reported record third-quarter revenue of $173.8 million, up 336% year over year and above analyst expectations. Its loss per share was also narrower than forecast. Why IonQ Stock Is Soaring Today
• Positive Sentiment: The company raised its 2026 revenue guidance to $505 million–$515 million. Its backlog reached $1.2 billion, and Superion 256 capacity is booked through 2027—signs of robust demand and future sales visibility. IonQ: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: IonQ also advanced to Stage C of DARPA’s quantum benchmarking initiative, while its SkyWater acquisition is expected to strengthen manufacturing capabilities. IonQ Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Analysts at Cantor Fitzgerald and Needham lowered their price targets but kept positive ratings, reflecting a more cautious outlook without abandoning the investment case. Cantor Fitzgerald recommendations
• Negative Sentiment: Despite the growth, IonQ remains loss-making. Investors are also weighing cash burn and potential dilution from its planned capital raise and stock-funded $1.15 billion Elisity acquisition, as well as uncertainty over how quickly quantum computing demand will translate into sustainable profits. IonQ Beat and Raised: Can the Quantum Stock Buck the Tech Selloff?
• Negative Sentiment: Zacks added IONQ to its Strong Sell list, a counterpoint to the earnings optimism and a potential source of investor caution. New Strong Sell Stocks for November 6th

IonQ Company Profile

IonQ, Inc (NYSE: IONQ) is a quantum computing company that develops full-stack quantum computing systems and related software. Its technology is based on trapped-ion quantum computing, which uses electrically charged atoms as qubits and is designed to support highly accurate quantum operations.

The company provides access to its quantum computers through cloud platforms and direct enterprise and research engagements. Its offerings include quantum computing hardware, cloud-based access, software tools, and professional services intended to help organizations explore applications in areas such as optimization, chemistry, materials science, artificial intelligence, and cybersecurity.