IonQ, Inc. $IONQ Stake Raised by Leonteq Securities AG

Leonteq Securities AG raised its holdings in IonQ, Inc. (NYSE:IONQ) by 194.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 126,847 shares of the company’s stock after acquiring an additional 83,834 shares during the quarter. Leonteq Securities AG’s holdings in IonQ were worth $3,657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in IONQ. Lauer Wealth LLC raised its holdings in shares of IonQ by 5.3% in the 4th quarter. Lauer Wealth LLC now owns 5,107 shares of the company’s stock worth $229,000 after purchasing an additional 255 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its stake in IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after purchasing an additional 270 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock valued at $36,000 after purchasing an additional 279 shares during the last quarter. Letson Investment Management Inc. boosted its holdings in IonQ by 2.6% during the fourth quarter. Letson Investment Management Inc. now owns 12,619 shares of the company’s stock worth $566,000 after buying an additional 319 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in IonQ by 22.9% during the first quarter. Root Financial Partners LLC now owns 1,725 shares of the company’s stock worth $50,000 after buying an additional 321 shares in the last quarter. Institutional investors own 41.42% of the company’s stock.

IonQ Price Performance

Shares of IONQ opened at $49.14 on Friday. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64. The company has a 50-day moving average of $55.54 and a two-hundred day moving average of $45.04. The stock has a market cap of $18.34 billion, a price-to-earnings ratio of -175.50 and a beta of 3.23.

IonQ (NYSE:IONQ) last released its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share 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 firm had revenue of $64.67 million during the quarter, compared to analysts’ expectations of $49.75 million. During the same period last year, the business earned ($0.14) earnings per share. The business’s revenue was up 754.7% on a year-over-year basis. Analysts anticipate that IonQ, Inc. will post -2.26 earnings per share for the current year.

Insider Activity

In other IonQ news, Director Gabrielle B. Toledano sold 2,757 shares of IonQ stock in a transaction that occurred 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 transaction, the director directly owned 11,154 shares in the company, valued at approximately $613,581.54. The trade was a 19.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kathryn K. Chou 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 $55.02, for a total transaction of $151,690.14. Following the sale, the director directly owned 62,608 shares in the company, valued at approximately $3,444,692.16. This trade represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 13,102 shares of company stock worth $701,489. Company insiders own 0.55% of the company’s stock.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ is being added to the Russell 1000 and Russell Midcap indices, a development that can broaden institutional ownership and support demand for the shares. IonQ (IONQ) Joins Russell 1000 As It Shifts From Growth To Value
• Positive Sentiment: Analysts highlighted IonQ’s strong financial position, including about $3.1 billion in liquidity and a growing $470 million contracted backlog, which improves visibility and reduces near-term funding risk. Here’s How Financial Strength Remains a Key Advantage for IONQ
• Positive Sentiment: Coverage continues to point to IonQ as a leading quantum-computing name with strong long-term return potential, helped by rapid revenue growth and government-backed projects. IonQ (IONQ) Stock Looks Pricey On Earnings Yet Strong On Returns
• Neutral Sentiment: Several articles framed IonQ as a high-profile quantum computing stock to watch, but did not introduce a clearly new catalyst.
• Negative Sentiment: Multiple pieces warned that the stock looks expensive after a strong multi-year rally, suggesting valuation may already reflect a lot of optimism. IonQ (IONQ) Stock Looks Pricey On Earnings Yet Strong On Returns
• Negative Sentiment: Bearish commentary also emphasized ongoing losses, cash burn, and sector volatility, which can weigh on sentiment for quantum-computing stocks like IonQ. Quantum Computing’s Cash Crisis: Which Players Can Actually Survive the Long Game?

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Jefferies Financial Group set a $85.00 price target on shares of 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 research note on Monday, May 11th. Wedbush reissued an “outperform” rating and set a $60.00 price objective on shares of IonQ in a research note on Monday, May 4th. Wall Street Zen upgraded IonQ from a “strong sell” rating to a “sell” rating in a report on Saturday, June 13th. Finally, Northland Securities boosted their target price on IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, June 22nd. Ten investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.88.

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.