IonQ, Inc. (NYSE:IONQ – Get Free Report) insider John Raymond sold 2,800 shares of IonQ stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $33.34, for a total value of $93,352.00. Following the sale, the insider directly owned 83,963 shares in the company, valued at approximately $2,799,326.42. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
IonQ Price Performance
Shares of IONQ stock opened at $33.32 on Tuesday. IonQ, Inc. has a 12-month low of $18.81 and a 12-month high of $84.64. The firm has a market capitalization of $12.22 billion, a price-to-earnings ratio of -13.38 and a beta of 2.61. The business has a 50 day simple moving average of $39.83 and a 200 day simple moving average of $50.06.
Analyst Ratings Changes
IONQ has been the topic of a number of research analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of IonQ in a report on Thursday, January 22nd. JPMorgan Chase & Co. reduced their price objective on shares of IonQ from $47.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Wedbush initiated coverage on shares of IonQ in a research report on Wednesday, December 17th. They issued an “outperform” rating and a $60.00 target price for the company. Benchmark lowered their target price on shares of IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, DA Davidson dropped their price target on shares of IonQ from $55.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.45.
Institutional Investors Weigh In On IonQ
A number of institutional investors and hedge funds have recently modified their holdings of IONQ. Archer Investment Corp grew its holdings in shares of IonQ by 119.3% in the 2nd quarter. Archer Investment Corp now owns 592 shares of the company’s stock worth $25,000 after acquiring an additional 322 shares during the last quarter. Stone House Investment Management LLC lifted its holdings in shares of IonQ by 700.0% during the third quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 350 shares during the last quarter. Ameriflex Group Inc. boosted its position in shares of IonQ by 485.7% in the 3rd quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock valued at $25,000 after purchasing an additional 340 shares during the period. Hilltop National Bank boosted its position in shares of IonQ by 112.5% in the 3rd quarter. Hilltop National Bank now owns 425 shares of the company’s stock valued at $26,000 after purchasing an additional 225 shares during the period. Finally, Accent Capital Management LLC increased its stake in IonQ by 171.8% in the 4th quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after purchasing an additional 371 shares in the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.
IonQ News Summary
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: Strategic MOU with KISTI announced at NVIDIA GTC positions IonQ to advance quantum–HPC hybrid solutions in South Korea using NVIDIA NVQLink, supporting enterprise and research adoption in a major APAC market. Read More.
- Positive Sentiment: A Romania quantum deal ties IonQ technology to critical‑infrastructure narratives, which may increase visibility for government and regulated‑sector procurement opportunities. Read More.
- Positive Sentiment: Analyst coverage is highlighting IonQ alongside peers as quantum computing moves toward commercialization, reinforcing the narrative that IonQ’s revenue pipeline and next‑gen systems matter to investors. Read More.
- Positive Sentiment: Retail/finance press pieces continue to favor IonQ (including comparisons and articles noting insider buying trends), which can support retail investor interest and multiple expansion. Read More.
- Negative Sentiment: Macro risk from rising oil and inflation concerns could pressure high‑beta, growth‑oriented names like IONQ if markets turn risk‑off; Zacks highlights this broader headwind for quantum stocks. Read More.
- Negative Sentiment: An insider sale (John W. Raymond sold 2,800 shares) was recently reported, which investors may view as a minor negative signal even though total insider holdings remain substantial. Read More.
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.
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