IonQ (NYSE:IONQ) Director Gabrielle Toledano Sells 2,757 Shares of Stock

IonQ, Inc. (NYSE:IONQ) Director Gabrielle Toledano sold 2,757 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $151,662.57. Following the completion of the sale, the director directly owned 11,154 shares in the company, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

IonQ Stock Down 1.2%

Shares of NYSE:IONQ opened at $57.61 on Wednesday. The company’s 50-day moving average price is $54.19 and its 200 day moving average price is $45.10. The company has a market cap of $21.50 billion, a PE ratio of -205.75 and a beta of 3.18. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64.

IonQ (NYSE:IONQ) last posted its earnings results on Wednesday, May 6th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.08). IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The firm had revenue of $64.67 million during the quarter, compared to the consensus estimate of $49.75 million. During the same quarter last year, the company posted ($0.14) EPS. IonQ’s revenue for the quarter was up 754.7% on a year-over-year basis. As a group, equities analysts anticipate that IonQ, Inc. will post -2.26 EPS for the current year.

Institutional Investors Weigh In On IonQ

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IONQ. Royal Bank of Canada lifted its position in IonQ by 12.5% in 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 period. Amundi acquired a new position in shares of IonQ during the 1st quarter valued at $630,000. AQR Capital Management LLC raised its stake in shares of IonQ by 106.2% in the 1st 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of IonQ by 24.1% in 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 buying an additional 87,428 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of IonQ by 30.3% in the first quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock valued at $1,032,000 after buying an additional 10,881 shares during the period. Institutional investors own 41.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on IONQ shares. DA Davidson cut their target price on IonQ from $55.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Northland Securities increased their price target on IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday. Jefferies Financial Group set a $85.00 price target on IonQ in a report on Thursday, May 7th. Weiss Ratings upgraded shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, Benchmark reduced their price objective on shares of IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Ten research 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. According to data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and a consensus price target of $69.88.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Trump’s executive orders on quantum computing and post-quantum cryptography position IonQ to potentially benefit from federal funding, partnerships, and policy support. Article link
• Positive Sentiment: Northland Securities raised its price target on IonQ to $70 and reiterated an outperform rating, reinforcing bullish analyst sentiment. Article link
• Positive Sentiment: Investors are reacting to IonQ’s recent product momentum and broader growth narrative, including its quantum security launch and expanding full-stack strategy. Article link
• Neutral Sentiment: Shareholder voting was mixed, with board approval but some pushback on pay, making the governance update neither clearly positive nor negative. Article link
• Negative Sentiment: Several analysts and market commentators warned that IonQ’s valuation is rich and that higher costs, execution risk, and macro pressure could limit near-term upside. Article link
• Negative Sentiment: Recent insider sales by directors and an executive may create some caution, even though the transactions were not large relative to IonQ’s size. Article link

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.