VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in IonQ, Inc. (NYSE:IONQ – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 203,129 shares of the company’s stock, valued at approximately $10,819,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Archer Investment Corp acquired a new position in shares of IonQ during the second quarter valued at $25,000. Accent Capital Management LLC increased its position in 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 purchasing an additional 371 shares during the period. EverSource Wealth Advisors LLC increased its position in IonQ by 216.5% in the first quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock worth $28,000 after purchasing an additional 656 shares during the period. PeakShares LLC bought a new stake in IonQ during the 1st quarter worth about $29,000. Finally, EFG International AG bought a new stake in IonQ during the 2nd quarter worth about $30,000. Institutional investors own 41.42% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on IONQ shares. Northland Securities raised their target price on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, June 22nd. Morgan Stanley set a $49.00 price objective on shares of IonQ in a report on Thursday, August 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 price objective on shares of IonQ in a research note on Thursday, August 6th. Jefferies Financial Group set a $75.00 target price on shares of IonQ in a report on Thursday, August 6th. Finally, Wall Street Zen cut shares of IonQ from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.92.
More IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: IonQ raised its full-year 2026 revenue outlook to $450 million–$460 million, incorporating revenue from SkyWater Technology following its July 31 acquisition. The guidance increase was the primary catalyst, although it includes only five months of SkyWater contributions and removes certain intercompany revenue. IonQ Announces Increased Full-Year 2026 Financial Outlook Following SkyWater Acquisition
- Positive Sentiment: The company launched IonQ Superion 256, the first system in a planned upgradeable product family designed to support scalable, manufacturable fault-tolerant quantum computing. The platform may strengthen IonQ’s long-term commercial positioning. IonQ Launches Superion Product Line
- Positive Sentiment: IonQ and Congruity360 announced an $8.18 million agreement to deploy quantum-safe network protection using IonQ’s post-quantum cryptography and quantum key distribution appliances, providing evidence of growing enterprise demand. IonQ and Congruity360 Partner to Enhance Quantum-Safe Protection
- Neutral Sentiment: IonQ published a fully compiled resource estimate for using Shor’s algorithm to attack 256-bit elliptic-curve signatures. The research highlights technical progress and estimates a future system requiring roughly 20,000 physical qubits, but it is not an immediate revenue driver. IonQ Publishes Blueprint for Breaking 256-Bit Elliptic-Curve Signatures
- Negative Sentiment: IonQ remains a highly speculative, loss-making company; its prior quarterly results showed a deeply negative net margin, and analysts expect a full-year loss. The higher outlook therefore improves growth expectations without resolving near-term profitability concerns.
Insider Buying and Selling at IonQ
In related news, insider John W. Raymond sold 3,815 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $209,863.15. Following the sale, the insider directly owned 80,148 shares in the company, valued at $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gabrielle B. Toledano sold 2,757 shares of the business’s stock in a transaction on 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 sale, the director directly owned 11,154 shares in the company, valued at $613,581.54. This represents a 19.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 9,329 shares of company stock valued at $513,216. 0.55% of the stock is currently owned by corporate insiders.
IonQ Price Performance
NYSE IONQ opened at $40.34 on Wednesday. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64. The firm has a market cap of $15.37 billion, a P/E ratio of -8.66 and a beta of 3.30. The stock’s 50-day moving average is $40.68 and its 200-day moving average is $43.69.
IonQ (NYSE:IONQ – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $80.05 million during the quarter, compared to analyst estimates of $66.47 million. During the same period in the previous year, the firm earned ($0.70) EPS. IonQ’s quarterly revenue was up 286.7% compared to the same quarter last year. Equities analysts anticipate that IonQ, Inc. will post -2.86 EPS for the current year.
IonQ 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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