Wall Street Zen upgraded shares of IonQ (NYSE:IONQ – Free Report) from a strong sell rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.
A number of other equities research analysts have also commented on the company. Weiss Ratings lowered IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. Benchmark reissued a “buy” rating and set a $60.00 price target on shares of IonQ in a research report on Thursday, August 6th. Mizuho decreased their price objective on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 price objective on shares of IonQ in a report on Tuesday, October 13th. Finally, Bank of America reaffirmed a “buy” rating and issued a $50.00 price objective on shares of IonQ in a report on Friday. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $60.23.
Check Out Our Latest Stock Report on IONQ
IonQ Stock Performance
Shares of IONQ opened at $32.12 on Friday. The stock has a 50-day moving average of $36.91 and a two-hundred day moving average of $41.58. The stock has a market cap of $13.79 billion, a P/E ratio of 118.98 and a beta of 3.32. IonQ has a one year low of $24.92 and a one year high of $73.65.
IonQ (NYSE:IONQ – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.29) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.06. IonQ had a return on equity of 0.19% and a net margin of 67.09%. The business had revenue of $173.83 million for the quarter, compared to analyst estimates of $141.49 million. During the same period in the prior year, the company earned ($3.58) earnings per share. The company’s revenue was up 336.0% on a year-over-year basis. Analysts predict that IonQ will post -2.96 EPS for the current fiscal year.
Insider Activity
In related news, insider John Raymond sold 2,407 shares of the stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $37.21, for a total transaction of $89,564.47. Following the sale, the insider directly owned 77,741 shares of the company’s stock, valued at approximately $2,892,742.61. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.55% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of IonQ during the 2nd quarter worth about $1,112,945,000. Bank of America Corp DE purchased a new position in shares of IonQ in the 2nd quarter valued at about $344,757,000. Bank of New York Mellon Corp purchased a new position in shares of IonQ in the 2nd quarter valued at about $113,863,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of IonQ by 45.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,632,290 shares of the company’s stock valued at $86,936,000 after purchasing an additional 506,191 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in IonQ in the 2nd quarter worth about $82,126,000. Hedge funds and other institutional investors own 41.42% of the company’s stock.
Key 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
About IonQ
IonQ, Inc develops quantum computers and related technologies using trapped-ion qubits, which store information in individual charged atoms. The company designs quantum computing hardware and software for applications that may benefit from quantum processing, including optimization, chemistry, and machine learning.
IonQ makes its quantum systems available to businesses, government agencies, and researchers through its cloud service and third-party platforms, including Amazon Braket and Microsoft Azure Quantum.
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