StoneX Group Inc. lowered its position in IonQ, Inc. (NYSE:IONQ – Free Report) by 36.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,898 shares of the company’s stock after selling 32,461 shares during the quarter. StoneX Group Inc.’s holdings in IonQ were worth $2,454,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of IonQ in the 2nd quarter valued at $1,112,945,000. Bank of America Corp DE purchased a new position in shares of IonQ during the second quarter worth about $344,757,000. Bank of New York Mellon Corp acquired a new stake in shares of IonQ during the second quarter worth about $113,863,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of IonQ by 45.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,632,290 shares of the company’s stock worth $86,936,000 after purchasing an additional 506,191 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in shares of IonQ in the 2nd quarter valued at about $82,126,000. Institutional investors and hedge funds own 41.42% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently issued reports on IONQ shares. Bank of America reissued a “buy” rating and issued a $50.00 target price on shares of IonQ in a research report on Friday. Wall Street Zen raised IonQ from a “strong sell” rating to a “sell” rating in a research report on Saturday. B. Riley Financial reduced their price objective on IonQ from $100.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, November 2nd. Mizuho decreased their price target on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. Finally, Benchmark reiterated a “buy” rating and issued a $60.00 target price on shares of IonQ in a research note on Thursday, August 6th. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, IonQ presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.23.
Insiders Place Their Bets
In other IonQ news, insider John Raymond sold 2,407 shares of the company’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 completion of the transaction, the insider directly owned 77,741 shares of the company’s stock, valued at $2,892,742.61. This represents a 3.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.55% of the stock is currently owned by insiders.
IonQ Price Performance
Shares of NYSE IONQ opened at $32.12 on Monday. The company has a 50-day simple moving average of $36.91 and a 200-day simple moving average of $41.58. The company has a market cap of $13.79 billion, a PE ratio of 118.98 and a beta of 3.32. IonQ, Inc. has a 12 month low of $24.92 and a 12 month high of $73.65.
IonQ (NYSE:IONQ – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.06. IonQ had a return on equity of 0.19% and a net margin of 67.09%. 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 prior year, the firm posted ($3.58) earnings per share. The business’s quarterly revenue was up 336.0% compared to the same quarter last year. On average, analysts anticipate that IonQ, Inc. will post -2.96 EPS for the current year.
Trending Headlines about IonQ
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
IonQ Profile
IonQ, Inc develops quantum computers and related technologies using trapped-ion qubits, which store information in individual charged atoms. The company designs quantum computing hardware and software for applications that may benefit from quantum processing, including optimization, chemistry, and machine learning.
IonQ makes its quantum systems available to businesses, government agencies, and researchers through its cloud service and third-party platforms, including Amazon Braket and Microsoft Azure Quantum.
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