Benchmark Lowers IonQ (NYSE:IONQ) Price Target to $65.00

IonQ (NYSE:IONQ) had its target price cut by Benchmark from $75.00 to $65.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s price objective suggests a potential upside of 69.73% from the company’s current price.

IONQ has been the topic of several other reports. Morgan Stanley cut their target price on IonQ from $58.00 to $35.00 and set an “equal weight” rating on the stock in a report on Monday. JPMorgan Chase & Co. began coverage on IonQ in a research note on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price objective on the stock. Jefferies Financial Group initiated coverage on IonQ in a report on Tuesday, December 16th. They issued a “buy” rating and a $100.00 target price for the company. Zacks Research upgraded IonQ from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, DA Davidson boosted their price objective on shares of IonQ from $35.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.45.

IonQ Stock Performance

Shares of IONQ opened at $38.30 on Thursday. The firm’s 50 day moving average price is $42.58 and its 200 day moving average price is $50.28. IonQ has a twelve month low of $17.88 and a twelve month high of $84.64. The firm has a market cap of $13.31 billion, a PE ratio of -15.38 and a beta of 2.63.

Insider Buying and Selling at IonQ

In other news, Director Kathryn K. Chou sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $51.40, for a total transaction of $1,028,000.00. Following the completion of the sale, the director owned 60,839 shares of the company’s stock, valued at approximately $3,127,124.60. This trade represents a 24.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William J. Teuber, Jr. bought 3,000 shares of the business’s stock in a transaction dated Friday, February 27th. The stock was purchased at an average price of $38.38 per share, with a total value of $115,140.00. Following the purchase, the director directly owned 9,413 shares of the company’s stock, valued at $361,270.94. The trade was a 46.78% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 30,781 shares of company stock valued at $1,525,804. 5.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On IonQ

Several institutional investors have recently bought and sold shares of IONQ. Royal Bank of Canada grew its holdings in shares of IonQ by 12.5% during the first quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock worth $2,962,000 after purchasing an additional 14,898 shares during the last quarter. Amundi acquired a new position in IonQ during the 1st quarter worth about $630,000. AQR Capital Management LLC grew its holdings in IonQ by 106.2% during the 1st quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock worth $1,265,000 after acquiring an additional 29,513 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings 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 raised its stake in shares of IonQ by 30.3% in the first quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock worth $1,032,000 after acquiring an additional 10,881 shares during the last quarter. Institutional investors own 41.42% of the company’s stock.

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Q4 beat and raised FY26 guidance — IonQ reported Q4 revenue of $61.9M (≈429% YoY) and raised 2026 revenue guidance to $225–245M, a major growth surprise that sparked the prior session’s rally. IonQ Just Delivered the Quarter That Changes the Quantum Narrative
• Positive Sentiment: Large cash cushion and strategic M&A — IonQ’s pro‑forma cash/investments (~$3.3B) plus acquisitions (Vector Atomic, SkyWater) reduce dilution risk and support aggressive growth/defense contracting. IonQ Just Delivered the Quarter That Changes the Quantum Narrative
• Positive Sentiment: Commercial & defense traction — New deployments (large QKD network in Romania) and inclusion on the MDA SHIELD IDIQ validate demand outside pilots and improve revenue visibility. IonQ Delivers One of the Largest Operational Quantum Key Distribution Networks in Europe
• Neutral Sentiment: Sector/peer context — Comparative analyst pieces (QUBT, RGTI, D‑Wave) provide context on upside vs. rivals but don’t change IonQ’s company‑specific drivers. QUBT vs. IONQ: Which Quantum Computing Stock Offers Greater Upside?
• Neutral Sentiment: Earnings call/transcript available — Read management’s comments for color on cadence and margin targets; useful for modeling but not an immediate catalyst. IonQ Q4 2025 Earnings Call Transcript
• Negative Sentiment: Analyst trims and mixed broker notes — Several firms cut targets or moved to neutral after Q4 (DA Davidson, JPMorgan), which can cap near‑term upside and feeds headline selling. These Analysts Slash Their Forecasts On IonQ After Q4 Results
• Negative Sentiment: Margins and cash burn remain a concern — Gross margin contracted and management projects a large adjusted loss for 2026, keeping valuation dependent on sustained execution. IonQ Stock Up on Q4 Earnings & Revenue Beat, Gross Margin Down
• Negative Sentiment: Post‑rally profit‑taking, analyst caution and an insider sale are pressuring the stock today after the big move — high volume and volatile positioning amplified the pullback. SEC Insider Filing

IonQ Company 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.