IonQ’s (IONQ) Buy Rating Reiterated at Rosenblatt Securities

Posted by Stanley Muller on Aug 9th, 2026

Rosenblatt Securities restated their buy rating on shares of IonQ (NYSE:IONQ – Free Report) in a report released on Thursday morning,Benzinga reports. They currently have a $100.00 price objective on the stock.

Other equities analysts have also issued research reports about the company. Wall Street Zen upgraded IonQ from a “strong sell” rating to a “sell” rating in a research note on Saturday, July 25th. Jefferies Financial Group set a $85.00 target price on IonQ in a research report on Thursday, May 7th. Weiss Ratings raised IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Morgan Stanley set a $48.50 price target on IonQ in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. boosted their price target on IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, IonQ presently has a consensus rating of “Moderate Buy” and an average price target of $69.92.

Read Our Latest Analysis on IONQ

IonQ Stock Up 12.0%

NYSE IONQ opened at $44.48 on Thursday. The firm has a 50-day moving average price of $47.97 and a two-hundred day moving average price of $43.32. IonQ has a 12-month low of $25.89 and a 12-month high of $84.64. The company has a market capitalization of $16.60 billion, a P/E ratio of -9.55 and a beta of 3.28.

IonQ (NYSE:IONQ – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.33) EPS for the quarter, topping the consensus estimate of ($0.56) by $0.23. IonQ had a negative net margin of 553.27% and a negative return on equity of 21.75%. The company had revenue of $80.05 million for the quarter, compared to analysts’ expectations of $66.47 million. During the same period last year, the firm earned ($0.70) earnings per share. The business’s revenue for the quarter was up 286.7% on a year-over-year basis. Equities analysts expect that IonQ will post -2.26 EPS for the current year.

Insider Activity at IonQ

In other IonQ news, Director Gabrielle B. Toledano sold 2,757 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total value of $151,662.57. Following the sale, the director owned 11,154 shares of the company’s stock, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kathryn K. Chou sold 2,757 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.02, for a total value of $151,690.14. Following the completion of the sale, the director directly owned 62,608 shares in the company, valued at approximately $3,444,692.16. This represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,329 shares of company stock valued at $513,216 over the last three months. 0.55% of the stock is owned by insiders.

Institutional Trading of IonQ

Several institutional investors and hedge funds have recently modified their holdings of IONQ. BlackRock Inc. acquired a new position in IonQ during the second quarter worth about $1,112,945,000. Vanguard Group Inc. boosted its stake in shares of IonQ by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock valued at $1,560,343,000 after purchasing an additional 5,420,037 shares in the last quarter. Norges Bank acquired a new stake in shares of IonQ in the 4th quarter valued at approximately $199,753,000. Marex Group plc grew its holdings in shares of IonQ by 419.1% during the 4th quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock valued at $183,225,000 after purchasing an additional 3,296,866 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of IonQ by 42.3% during the 4th quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after purchasing an additional 2,663,230 shares during the last quarter. 41.42% of the stock is currently owned by institutional investors.

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 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.