Weiss Asset Management LP Makes New $663,000 Investment in IonQ, Inc. $IONQ

Weiss Asset Management LP bought a new position in IonQ, Inc. (NYSE:IONQ) during the first quarter, HoldingsChannel reports. The firm bought 22,986 shares of the company’s stock, valued at approximately $663,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IONQ. Vanguard Group Inc. increased its position in shares of IonQ by 18.5% during the fourth quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock worth $1,560,343,000 after acquiring an additional 5,420,037 shares in the last quarter. Norges Bank purchased a new stake in shares of IonQ in the fourth quarter worth approximately $199,753,000. Marex Group plc grew its holdings in IonQ by 419.1% during the fourth quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock worth $183,225,000 after buying an additional 3,296,866 shares in the last quarter. State Street Corp raised its position in IonQ by 42.3% in the 4th quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after buying an additional 2,663,230 shares during the last quarter. Finally, Clear Street Group Inc. lifted its position in shares of IonQ by 219.6% during the fourth quarter. Clear Street Group Inc. now owns 3,195,818 shares of the company’s stock valued at $143,396,000 after purchasing an additional 2,196,017 shares in the last quarter. Institutional investors own 41.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $100.00 price target on shares of IonQ in a research report on Thursday, June 11th. Northland Securities boosted their target price on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, June 22nd. Jefferies Financial Group set a $85.00 price objective on shares of IonQ in a research report on Thursday, May 7th. Morgan Stanley set a $48.50 target price on shares of IonQ in a report on Thursday, May 7th. Finally, JPMorgan Chase & Co. raised their price target on shares of IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and an average target price of $69.46.

Insider Transactions at IonQ

In related news, Director Kathryn K. Chou sold 2,757 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total value of $151,690.14. Following the sale, the director directly owned 62,608 shares of the company’s stock, valued at $3,444,692.16. This represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider John W. Raymond sold 3,815 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total value of $209,863.15. Following the completion of the sale, the insider owned 80,148 shares in the company, valued at $4,408,941.48. The trade was a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,102 shares of company stock valued at $701,489. Insiders own 0.55% of the company’s stock.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Benchmark reinstated coverage with a positive view. Analyst Gary Mobley highlighted IonQ’s full-stack platform across quantum computing, networking, sensing, and security, as well as sales of its 256-qubit system in more than 30 countries. Benchmark expects the quantum-computing industry to generate approximately $1.5 billion in revenue during 2026, potentially supporting a sector-wide re-rating. Benchmark’s Quantum Re-Rating Might Change The Case For Investing In IonQ
• Positive Sentiment: Industry momentum lifted IonQ alongside other quantum stocks. D-Wave’s expanded agreement with AT&T to deploy quantum systems in network operations provided evidence of real-world enterprise adoption and helped lift IonQ and other sector peers by association. D-Wave Quantum Rises on Expanded AT&T Deal
• Positive Sentiment: IonQ’s commercial performance compares favorably with rivals. A recent comparison cited IonQ’s $64.7 million first-quarter revenue, up roughly 755% year over year, and reported 99.99% two-qubit gate fidelity. Those figures reinforce the company’s positioning as one of the leading pure-play quantum businesses. IonQ vs. Rigetti: Who’s Winning the Quantum Race?
• Neutral Sentiment: Media coverage and new analyst attention are increasing visibility around IonQ, but the company still operates in an early-stage, research-heavy market. Investors should expect substantial execution risk as quantum applications develop. Inside IonQ
• Negative Sentiment: Some coverage argues that larger artificial-intelligence companies may offer a better way to gain quantum exposure, highlighting competition for investor capital. IonQ also remains loss-making, making its premium valuation particularly sensitive to delays in revenue growth or technological progress. An Alternative Quantum Computing Opportunity

IonQ Price Performance

Shares of NYSE:IONQ opened at $35.96 on Tuesday. The company’s fifty day moving average price is $52.28 and its 200-day moving average price is $44.01. The firm has a market capitalization of $13.42 billion, a price-to-earnings ratio of -128.41 and a beta of 3.23. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64.

IonQ (NYSE:IONQ) last announced its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share (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 company had revenue of $64.67 million during the quarter, compared to analysts’ expectations of $49.75 million. During the same quarter last year, the firm posted ($0.14) earnings per share. The firm’s revenue was up 754.7% on a year-over-year basis. As a group, equities research analysts expect that IonQ, Inc. will post -2.26 EPS for the current year.

About IonQ

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.