VIRGINIA RETIREMENT SYSTEMS ET Al Sells 134,929 Shares of IonQ, Inc. $IONQ

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its position in shares of IonQ, Inc. (NYSE:IONQ) by 66.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 68,200 shares of the company’s stock after selling 134,929 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in IonQ were worth $2,991,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Capital Wealth Advisors bought a new position in IonQ during the third quarter worth about $763,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in IonQ by 96.5% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 125,556 shares of the company’s stock valued at $3,620,000 after purchasing an additional 61,656 shares during the period. Simplicity Wealth LLC acquired a new position in shares of IonQ during the 2nd quarter worth approximately $981,000. Swedbank AB grew its position in shares of IonQ by 147.7% during the 1st quarter. Swedbank AB now owns 149,503 shares of the company’s stock worth $4,310,000 after purchasing an additional 89,148 shares in the last quarter. Finally, Weiss Asset Management LP bought a new position in shares of IonQ during the first quarter worth approximately $663,000. 41.42% of the stock is currently owned by institutional investors.

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: B. Riley maintained a “buy” rating while lowering its IonQ price target from $100 to $75. Although the target reduction reflects more cautious expectations, the new target still implies substantial upside and signals that the firm believes IonQ’s long-term opportunity remains intact. B. Riley lowers IonQ price target but keeps Buy rating
• Positive Sentiment: A new industry report projects the global quantum-computing and communications market will reach $6.93 billion by 2030, highlighting the potential for strong long-term sector growth. IonQ is listed among the companies developing quantum-computing and secure-networking technologies, although the report does not announce a new contract or change IonQ’s near-term financial outlook. Quantum Computing and Communications Market Global Report 2026
• Neutral Sentiment: IonQ’s Rome project has entered a second phase, suggesting continued progress on its development roadmap. However, the available report provides no details on the project’s financial contribution, timing or commercial agreements. IonQ’s Friday Slump and Rome Project Phase Two
• Negative Sentiment: Quantum stocks, including IonQ, plunged in October as technology shares weakened and investors became less willing to fund speculative, high-growth companies. The sector’s underperformance versus the broader Computer-Integrated Systems industry is weighing on sentiment ahead of third-quarter earnings. Quantum Stocks Plunge in October
• Negative Sentiment: Concerns about elevated artificial-intelligence spending and uncertainty over near-term demand contributed to IonQ’s recent weakness. Investors are looking to upcoming results for evidence of revenue growth, commercial traction and a credible path toward profitability. IonQ’s Friday Pullback and Air Force Check

Wall Street Analysts Forecast Growth

IONQ has been the topic of a number of recent analyst reports. Benchmark restated a “buy” rating and issued a $60.00 price target on shares of IonQ in a research report on Thursday, August 6th. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of IonQ in a research note on Tuesday, October 13th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 target price on shares of IonQ in a research report on Tuesday, October 13th. 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. Finally, Needham & Company LLC reiterated a “buy” rating and set a $65.00 price target on shares of IonQ in a report on Wednesday, September 9th. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.23.

Insider Activity

In related news, insider John Raymond sold 2,407 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $37.21, for a total value of $89,564.47. Following the transaction, the insider owned 77,741 shares of the company’s stock, valued at approximately $2,892,742.61. This trade represents a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.55% of the stock is currently owned by corporate insiders.

IonQ Stock Down 6.4%

Shares of NYSE IONQ opened at $28.13 on Tuesday. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $73.65. The firm has a fifty day simple moving average of $37.86 and a 200 day simple moving average of $41.98. The company has a market capitalization of $12.08 billion, a PE ratio of -6.04 and a beta of 3.36.

IonQ (NYSE:IONQ) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.23. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%. The firm had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. During the same period in the previous year, the firm earned ($0.70) earnings per share. The company’s revenue was up 286.7% compared to the same quarter last year. As a group, equities analysts expect that IonQ, Inc. will post -2.96 earnings per share for the current fiscal year.

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.