Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New Investment in IonQ, Inc. $IONQ

Fjarde AP Fonden Fourth Swedish National Pension Fund bought a new position in IonQ, Inc. (NYSE:IONQ) during the 4th quarter, Holdings Channel reports. The institutional investor bought 63,900 shares of the company’s stock, valued at approximately $2,867,000.

Several other hedge funds have also added to or reduced their stakes in IONQ. Vanguard Group Inc. lifted its holdings in shares of IonQ by 18.5% during the fourth 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 bought a new position in shares of IonQ during the fourth quarter valued at $199,753,000. Geode Capital Management LLC increased its position in IonQ by 21.9% during the fourth quarter. Geode Capital Management LLC now owns 8,074,301 shares of the company’s stock valued at $361,624,000 after acquiring an additional 1,452,463 shares during the last quarter. Lansdowne Partners UK LLP increased its position in IonQ by 286.1% during the third quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company’s stock valued at $119,127,000 after acquiring an additional 1,435,394 shares during the last quarter. Finally, State Street Corp increased its position in IonQ by 19.9% during the third quarter. State Street Corp now owns 6,299,559 shares of the company’s stock valued at $387,423,000 after acquiring an additional 1,043,878 shares during the last quarter. 41.42% of the stock is owned by institutional investors.

IonQ Stock Down 9.7%

Shares of IONQ opened at $56.69 on Wednesday. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64. The business has a 50-day simple moving average of $48.42 and a two-hundred day simple moving average of $44.32. The stock has a market cap of $21.16 billion, a price-to-earnings ratio of -202.45 and a beta of 3.18.

IonQ (NYSE:IONQ) last released its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.08). IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The business had revenue of $64.67 million for the quarter, compared to analysts’ expectations of $49.75 million. During the same quarter in the prior year, the business posted ($0.14) EPS. The business’s revenue for the quarter was up 754.7% compared to the same quarter last year. On average, equities analysts anticipate that IonQ, Inc. will post -2.26 earnings per share for the current fiscal year.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ opened a new quantum computing R&D lab in Boulder, Colorado, expanding semiconductor chip testing and development capacity for future trapped-ion systems. IonQ, Inc. (IONQ) Opens a New Quantum Computing R&D Lab in Boulder, Colorado
• Positive Sentiment: Recent bullish commentary highlighted IonQ’s record Q1 FY26 revenue, raised full-year guidance, and strong RPO growth, reinforcing the company’s long-term growth story. IonQ: The Most Complete Pure-Play Quantum Investment
• Neutral Sentiment: Several market articles and analyst-style pieces continued to spotlight IonQ as a leading pure-play quantum stock, which may be helping support investor interest but does not change fundamentals on its own. Brokers Suggest Investing in IonQ (IONQ): Read This Before Placing a Bet
• Negative Sentiment: A widely circulated article accused IonQ of making misleading bitcoin-mining claims, adding reputational pressure and likely contributing to investor caution. Martin Shkreli accuses IONQ of making wild bitcoin mining claims
• Negative Sentiment: With IonQ’s valuation still elevated and its earnings profile not yet profitable, traders may be taking profits after a strong run in the stock.

Insider Buying and Selling

In related news, insider John W. Raymond sold 2,800 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $33.34, for a total transaction of $93,352.00. Following the completion of the transaction, the insider directly owned 83,963 shares of the company’s stock, valued at approximately $2,799,326.42. This represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert T. Cardillo sold 3,773 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $49.90, for a total value of $188,272.70. Following the completion of the sale, the insider directly owned 139,967 shares of the company’s stock, valued at $6,984,353.30. The trade was a 2.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 5.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen upgraded IonQ from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. Benchmark reduced their price objective on IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. DA Davidson reduced their price objective on IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Wedbush reiterated an “outperform” rating and set a $60.00 price objective on shares of IonQ in a research report on Monday, May 4th. Finally, Northland Securities assumed coverage on IonQ in a research report on Monday, April 20th. They set an “outperform” rating and a $55.00 price objective for the company. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, IonQ has an average rating of “Moderate Buy” and an average price target of $68.63.

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.