IonQ (NYSE:IONQ) Upgraded at Benchmark

Posted by Geri Gentry on Jul 29th, 2026

IonQ (NYSE:IONQ – Get Free Report) was upgraded by research analysts at Benchmark to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Several other research firms also recently weighed in on IONQ. Jefferies Financial Group set a $85.00 price objective on IonQ in a report on Thursday, May 7th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 target price on shares of IonQ in a report on Thursday, June 11th. Weiss Ratings raised shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Wall Street Zen upgraded shares of IonQ from a “strong sell” rating to a “sell” rating in a report on Saturday. Finally, JPMorgan Chase & Co. upped their price target on shares of IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, IonQ presently has a consensus rating of “Moderate Buy” and an average price target of $69.46.

Get Our Latest Report on IONQ

IonQ Stock Down 5.8%

IONQ opened at $33.84 on Monday. The stock’s fifty day moving average is $51.98 and its two-hundred day moving average is $43.90. The company has a market capitalization of $12.63 billion, a P/E ratio of -120.85 and a beta of 3.23. IonQ has a 52 week low of $25.89 and a 52 week high of $84.64.

IonQ (NYSE:IONQ – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share 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 analysts’ expectations of $49.75 million. During the same quarter in the prior year, the company posted ($0.14) earnings per share. IonQ’s quarterly revenue was up 754.7% compared to the same quarter last year. Equities analysts anticipate that IonQ will post -2.26 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Robert T. Cardillo sold 3,773 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total transaction of $188,272.70. Following the completion of the sale, the insider directly owned 139,967 shares in the company, valued at $6,984,353.30. This represents a 2.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider John W. Raymond sold 3,815 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the sale, the insider directly owned 80,148 shares in the company, valued at approximately $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 quarter, insiders sold 13,102 shares of company stock valued at $701,489. 0.55% of the stock is currently owned by insiders.

Institutional Trading of IonQ

A number of institutional investors have recently modified their holdings of IONQ. Bogart Wealth LLC grew its position in shares of IonQ by 24.4% in the 1st quarter. Bogart Wealth LLC now owns 1,273 shares of the company’s stock worth $37,000 after buying an additional 250 shares during the last quarter. Beaird Harris Wealth Management LLC lifted its position in IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after acquiring an additional 270 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock valued at $36,000 after acquiring an additional 279 shares during the last quarter. ABN Amro Investment Solutions lifted its position in IonQ by 2.5% during the first quarter. ABN Amro Investment Solutions now owns 12,314 shares of the company’s stock valued at $355,000 after acquiring an additional 295 shares during the last quarter. Finally, Versant Capital Management Inc boosted its stake in IonQ by 26.1% in the second quarter. Versant Capital Management Inc now owns 1,491 shares of the company’s stock valued at $79,000 after acquiring an additional 309 shares in the last quarter. 41.42% of the stock is currently owned by institutional investors.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

Positive Sentiment: IonQ received final regulatory approval to complete its acquisition of SkyWater Technology. The deal is intended to accelerate IonQ’s quantum-computing roadmap and strengthen its access to U.S.-based semiconductor manufacturing capabilities, potentially improving supply-chain control and scalability. IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
Positive Sentiment: Benchmark’s renewed coverage of quantum stocks highlighted IonQ’s full-stack platform, spanning computing, networking, sensing and security, as well as its reported sales of a 256-qubit system in more than 30 countries. The broader investment case is also benefiting from expectations that the quantum industry could generate approximately $1.5 billion in revenue in 2026. Benchmark’s Quantum Re-Rating Might Change The Case For Investing In IonQ
Positive Sentiment: D-Wave Quantum’s expanded commercial agreement with AT&T, which applies quantum optimization to telecommunications operations, sparked a sector-wide rally and reinforced the possibility of near-term enterprise applications for quantum technology. IonQ benefited from this sympathy interest, although the announcement was not an IonQ contract. D-Wave’s Expanded AT&T Deal
Neutral Sentiment: The SkyWater transaction still must be integrated successfully, and investors may focus on execution, financing and the time required for manufacturing synergies to translate into revenue growth.
Negative Sentiment: IonQ declined even as the wider market advanced, reflecting a pullback in quantum and AI-infrastructure names amid concerns about elevated expectations and the commercial timing of emerging technologies. IonQ Stock Slides as Market Rises
Negative Sentiment: IonQ remains a high-volatility, loss-making growth stock. Its latest quarterly EPS missed analysts’ expectations despite strong revenue growth, while the share price remains below its 50-day moving average, signaling continued technical and valuation pressure.

IonQ Company Profile

(Get Free Report)

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.