Renaissance Technologies LLC purchased a new stake in shares of IonQ, Inc. (NYSE:IONQ – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 137,598 shares of the company’s stock, valued at approximately $3,967,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Beaird Harris Wealth Management LLC increased 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 worth $31,000 after buying an additional 270 shares during the last quarter. Accent Capital Management LLC lifted its position in shares of IonQ by 171.8% in the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after buying an additional 371 shares during the last quarter. Kelleher Financial Advisors bought a new stake in shares of IonQ during the 3rd quarter worth about $36,000. Banque Transatlantique SA bought a new stake in shares of IonQ during the 3rd quarter worth about $43,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of IonQ by 50.5% during the 2nd 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. Institutional investors own 41.42% of the company’s stock.
Insider Buying and Selling at IonQ
In other news, Director Gabrielle B. Toledano sold 2,757 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $151,662.57. Following the completion of the transaction, the director owned 11,154 shares of the company’s stock, valued at approximately $613,581.54. This represents a 19.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John W. Raymond sold 3,815 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $209,863.15. Following the completion of the sale, the insider owned 80,148 shares of the company’s stock, valued at approximately $4,408,941.48. The trade was a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,329 shares of company stock valued at $513,216 in the last ninety days. Company insiders own 0.55% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on IONQ
Key IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: Record quarterly results and raised outlook: IonQ reported second-quarter revenue of approximately $80.1 million, up 287% year over year and above expectations. The company also raised its 2026 revenue outlook to $280 million–$290 million, reinforcing the view that demand is accelerating. IONQ Q2 Earnings Miss Estimates, Revenues Beat, Stock Rises
- Positive Sentiment: Defense business is expanding: DARPA awarded IonQ a $28 million contract extension, with a potential additional $30 million option, to produce 125 next-generation optical atomic clocks. Separately, IonQ’s Capella space division won an NRO contract for commercial synthetic-aperture-radar data supporting national-security missions. These awards add revenue visibility and strengthen IonQ’s government customer base. DARPA Selects IonQ to Produce Next-Generation Atomic Clocks
- Positive Sentiment: Strategic growth initiatives gained attention: The $1.8 billion SkyWater Technology acquisition is supporting IonQ’s vertically integrated quantum roadmap, including a planned 256-qubit system. Reported remaining performance obligations reached $485 million, while new grid, networking and cybersecurity projects broaden the company’s commercial opportunity. IonQ Sparks a Quantum Grid Revolution
- Positive Sentiment: Analyst sentiment remains bullish: Benchmark, Needham, Cantor Fitzgerald and Rosenblatt reaffirmed positive ratings, with price targets ranging from $60 to $100, helping support the rebound in speculative quantum stocks.
- Neutral Sentiment: IonQ remains a high-volatility, unprofitable growth stock. Analysts see substantial long-term upside if quantum adoption reaches commercial milestones, but the shares are still well below their 52-week high and the company continues to post significant losses. What Sent IonQ Shares Surging and Whether the Momentum Can Last
- Negative Sentiment: IonQ filed a prospectus supplement related to a secondary share resale, which could increase the available share supply and create dilution or selling-pressure concerns. Investors are also still mindful of the stock’s 31.6% July decline and the risk that enthusiasm may fade if quantum commercialization takes longer than expected. IonQ Files Prospectus Supplement for Secondary Share Resale
IonQ Stock Performance
NYSE IONQ opened at $44.48 on Friday. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64. The stock has a market capitalization of $16.60 billion, a PE ratio of -9.55 and a beta of 3.28. The stock has a 50-day simple moving average of $47.97 and a 200 day simple moving average of $43.32.
IonQ (NYSE:IONQ – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.23. The firm had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. IonQ had a negative return on equity of 21.75% and a negative net margin of 553.27%.The company’s revenue was up 286.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.70) EPS. As a group, equities research analysts forecast that IonQ, Inc. will post -2.26 EPS for the current fiscal year.
IonQ Company Profile
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.
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