IonQ (NYSE:IONQ) Sets New 1-Year Low After Analyst Downgrade

Posted by Stanley Muller on Nov 7th, 2026

IonQ, Inc. (NYSE:IONQ – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday after Zacks Research downgraded the stock from a hold rating to a strong sell rating. The company traded as low as $25.81 and last traded at $25.9030, with a volume of 8,611,496 shares changing hands. The stock had previously closed at $29.54.

Other equities analysts also recently issued reports about the company. Benchmark reiterated a “buy” rating and set a $60.00 target price on shares of IonQ in a research report on Thursday, August 6th. Cantor Fitzgerald lowered their price target on IonQ from $70.00 to $60.00 and set an “overweight” rating for the company in a report on Friday. B. Riley Financial dropped their price objective on shares of IonQ from $100.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, November 2nd. Weiss Ratings lowered shares of IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Finally, Mizuho decreased their target price on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.23.

Read Our Latest Analysis on IonQ

Insider Buying and Selling

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

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

Positive Sentiment: IonQ reported record third-quarter revenue of $173.8 million, up 336% year over year and above analyst expectations. Its loss per share was also narrower than forecast. Why IonQ Stock Is Soaring Today
Positive Sentiment: The company raised its 2026 revenue guidance to $505 million–$515 million. Its backlog reached $1.2 billion, and Superion 256 capacity is booked through 2027—signs of robust demand and future sales visibility. IonQ: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: IonQ also advanced to Stage C of DARPA’s quantum benchmarking initiative, while its SkyWater acquisition is expected to strengthen manufacturing capabilities. IonQ Q3 2026 Earnings Call Highlights
Neutral Sentiment: Analysts at Cantor Fitzgerald and Needham lowered their price targets but kept positive ratings, reflecting a more cautious outlook without abandoning the investment case. Cantor Fitzgerald recommendations
Negative Sentiment: Despite the growth, IonQ remains loss-making. Investors are also weighing cash burn and potential dilution from its planned capital raise and stock-funded $1.15 billion Elisity acquisition, as well as uncertainty over how quickly quantum computing demand will translate into sustainable profits. IonQ Beat and Raised: Can the Quantum Stock Buck the Tech Selloff?
Negative Sentiment: Zacks added IONQ to its Strong Sell list, a counterpoint to the earnings optimism and a potential source of investor caution. New Strong Sell Stocks for November 6th

Hedge Funds Weigh In On IonQ

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Moors & Cabot Inc. grew its stake in shares of IonQ by 4.2% during the third quarter. Moors & Cabot Inc. now owns 55,148 shares of the company’s stock valued at $2,419,000 after acquiring an additional 2,228 shares in the last quarter. Allworth Financial LP increased its holdings in IonQ by 20.9% during the 3rd quarter. Allworth Financial LP now owns 9,113 shares of the company’s stock worth $400,000 after purchasing an additional 1,575 shares during the last quarter. Private Advisory Group LLC acquired a new position in shares of IonQ in the 3rd quarter valued at approximately $672,000. Pier 88 Investment Partners LLC raised its position in shares of IonQ by 8.5% in the 3rd quarter. Pier 88 Investment Partners LLC now owns 12,700 shares of the company’s stock valued at $557,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Capstone Wealth Management Group LLC acquired a new stake in shares of IonQ during the third quarter worth approximately $385,000. Hedge funds and other institutional investors own 41.42% of the company’s stock.

IonQ Price Performance

The business’s 50-day moving average price is $36.91 and its two-hundred day moving average price is $41.58. The firm has a market cap of $13.79 billion, a price-to-earnings ratio of 118.98 and a beta of 3.32.

IonQ (NYSE:IONQ – Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $0.06. The firm had revenue of $173.83 million for the quarter, compared to analysts’ expectations of $141.49 million. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The firm’s quarterly revenue was up 336.0% on a year-over-year basis. During the same period in the prior year, the company posted ($3.58) earnings per share. Equities analysts predict that IonQ, Inc. will post -2.96 earnings per share for the current fiscal year.

About IonQ

(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.