IonQ (NYSE:IONQ) Stock Gets Price Target Cut from B. Riley Financial

Posted by Geri Gentry on Nov 5th, 2026

IonQ (NYSE:IONQ – Free Report) had its target price reduced by B. Riley Financial from $100.00 to $75.00 in a report issued on Monday,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of IonQ in a research report on Tuesday, October 13th. Benchmark restated a “buy” rating and set a $60.00 price objective on shares of IonQ in a report on Thursday, August 6th. Rosenblatt Securities restated a “buy” rating and set a $100.00 price objective on shares of IonQ in a report on Tuesday, October 13th. Mizuho reduced their price objective 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, Weiss Ratings cut shares of IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.23.

View Our Latest Stock Analysis on IonQ

IonQ Price Performance

IONQ opened at $29.44 on Monday. The business has a fifty day simple moving average of $37.39 and a 200-day simple moving average of $41.79. IonQ has a fifty-two week low of $25.89 and a fifty-two week high of $73.65.

IonQ (NYSE:IONQ – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. During the same period in the previous year, the firm earned ($0.70) earnings per share. IonQ’s revenue for the quarter was up 286.7% compared to the same quarter last year. As a group, equities analysts expect that IonQ will post -2.96 EPS for the current year.

Insiders Place Their Bets

In other IonQ news, insider John Raymond sold 2,407 shares of IonQ stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $37.21, for a total transaction of $89,564.47. Following the transaction, the insider owned 77,741 shares of the company’s stock, valued at $2,892,742.61. The trade was a 3.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.55% of the stock is currently owned by company insiders.

Institutional Trading of IonQ

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of IonQ during the 2nd quarter worth about $1,112,945,000. Bank of America Corp DE acquired a new position in shares of IonQ during the 2nd quarter valued at about $344,757,000. Bank of New York Mellon Corp acquired a new position in shares of IonQ during the 2nd quarter valued at about $113,863,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of IonQ by 45.0% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,632,290 shares of the company’s stock valued at $86,936,000 after acquiring an additional 506,191 shares in the last quarter. Finally, Legal & General Group Plc bought a new position in shares of IonQ in the 2nd quarter valued at approximately $82,126,000. 41.42% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

Positive Sentiment: IonQ partnered with QuantumCT, which will purchase more than 150 hours of cloud access to IonQ’s trapped-ion quantum computers for Connecticut organizations. The arrangement could expand customer use and support commercial and research applications. IonQ lands QuantumCT contract for more than 150 hours of cloud quantum access
Positive Sentiment: IonQ completed its all-stock acquisition of Elisity, adding Zero Trust security technology to its post-quantum cryptography and quantum key distribution offerings. The deal broadens its enterprise and government security strategy, though financial details and the effect of issuing shares are not provided. IonQ Completes Acquisition of Elisity
Neutral Sentiment: IonQ’s Q3 results are due Thursday, Nov. 5. Investors will be watching revenue growth and technology progress against concerns about profitability and falling estimates; the report could set the near-term direction for the shares. IonQ Q3 2026 Earnings Tomorrow: Time to Buy Stock, Wait or Sell?
Negative Sentiment: Analyst caution adds pressure: B. Riley cut its price target to $75 from $100, although it kept a Buy rating. The target reduction may reinforce investor concerns amid the recent selloff and earnings uncertainty. Could IonQ Actually Climb 162%? Or Is B. Riley Totally Wrong?

IonQ Company Profile

(Get Free Report)

IonQ, Inc (NYSE: IONQ) is a quantum computing company that develops full-stack quantum computing systems and related software. Its technology is based on trapped-ion quantum computing, which uses electrically charged atoms as qubits and is designed to support highly accurate quantum operations.

The company provides access to its quantum computers through cloud platforms and direct enterprise and research engagements. Its offerings include quantum computing hardware, cloud-based access, software tools, and professional services intended to help organizations explore applications in areas such as optimization, chemistry, materials science, artificial intelligence, and cybersecurity.