ProShare Advisors LLC purchased a new position in IonQ, Inc. (NYSE:IONQ – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 43,330 shares of the company’s stock, valued at approximately $1,900,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IONQ. Archer Investment Corp purchased a new stake in shares of IonQ in the second quarter worth $25,000. EverSource Wealth Advisors LLC increased its stake in IonQ by 216.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock valued at $28,000 after purchasing an additional 656 shares in the last quarter. PeakShares LLC purchased a new position in IonQ in the first quarter worth about $29,000. EFG International AG purchased a new position in IonQ in the second quarter worth about $30,000. Finally, MWA Asset Management bought a new position in shares of IonQ in the first quarter worth approximately $32,000. Institutional investors own 41.42% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on IONQ shares. B. Riley Financial cut their price target on shares of IonQ from $100.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, November 2nd. Jefferies Financial Group reduced their price target on shares of IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings lowered shares of IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Zacks Research cut IonQ from a “hold” rating to a “strong sell” rating in a research report on Thursday. Finally, Mizuho cut their target price on IonQ from $61.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 9th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, IonQ has an average rating of “Moderate Buy” and a consensus target price of $60.23.
IonQ Trading Up 21.5%
NYSE:IONQ traded up $5.69 during mid-day trading on Friday, reaching $32.12. The company’s stock had a trading volume of 42,656,594 shares, compared to its average volume of 22,644,404. IonQ, Inc. has a 12-month low of $24.92 and a 12-month high of $73.65. The firm’s fifty day moving average price is $36.91 and its two-hundred day moving average price is $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 (NYSE:IONQ – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.06. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The firm had revenue of $173.83 million during the quarter, compared to analyst estimates of $141.49 million. During the same period in the previous year, the business posted ($3.58) earnings per share. The business’s revenue for the quarter was up 336.0% on a year-over-year basis. Analysts predict that IonQ, Inc. will post -2.96 earnings per share for the current fiscal year.
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
Insider Buying and Selling at IonQ
In other news, insider John Raymond sold 2,407 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $37.21, for a total value of $89,564.47. Following the transaction, the insider directly owned 77,741 shares in the company, valued at $2,892,742.61. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.55% of the stock is owned by insiders.
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.
Further Reading
- Five stocks we like better than IonQ
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
Receive News & Ratings for IonQ Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IonQ and related companies with MarketBeat.com's FREE daily email newsletter.
