IonQ (NYSE:IONQ) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of IonQ (NYSE:IONQ) from a strong sell rating to a sell rating in a report released on Saturday,Wall Street Zen reports.

Other equities analysts also recently issued reports about the company. B. Riley Financial dropped their target price on IonQ from $100.00 to $75.00 and set a “buy” rating for the company in a research report on Monday, November 2nd. Mizuho reduced their price target 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. Bank of America reissued a “buy” rating and set a $50.00 price target on shares of IonQ in a research report on Friday. Rosenblatt Securities reissued a “buy” rating and issued a $100.00 price objective on shares of IonQ in a research note on Tuesday, October 13th. 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 two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $60.23.

IonQ Stock Up 8.5%

Shares of NYSE IONQ opened at $35.40 on Friday. The firm has a 50-day simple moving average of $36.84 and a 200-day simple moving average of $41.51. The stock has a market capitalization of $15.20 billion, a price-to-earnings ratio of 131.10 and a beta of 3.32. IonQ has a 52 week low of $24.92 and a 52 week high of $73.65.

IonQ (NYSE:IONQ) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.06. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%. The firm had revenue of $173.83 million for the quarter, compared to the consensus estimate of $141.49 million. During the same quarter last year, the business posted ($3.58) earnings per share. The firm’s revenue was up 336.0% compared to the same quarter last year. As a group, equities research analysts expect that IonQ will post -2.96 EPS for the current year.

Insider Transactions at IonQ

In related news, insider John Raymond sold 2,407 shares of the company’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 completion of the sale, the insider directly owned 77,741 shares of the company’s stock, valued at $2,892,742.61. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.55% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IONQ. Proactive Wealth Strategies LLC lifted its position in IonQ by 12.0% in the third quarter. Proactive Wealth Strategies LLC now owns 7,126 shares of the company’s stock valued at $313,000 after purchasing an additional 766 shares during the period. Alberta Investment Management Corp purchased a new stake in IonQ in the 3rd quarter valued at approximately $3,213,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in IonQ in the 3rd quarter valued at approximately $12,959,000. Harbour Investments Inc. boosted its holdings in IonQ by 12.3% in the 3rd quarter. Harbour Investments Inc. now owns 12,205 shares of the company’s stock valued at $535,000 after purchasing an additional 1,335 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in IonQ during the 3rd quarter worth approximately $35,000. 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: IonQ reported third-quarter revenue of $173.8 million, up 336% year over year and above analysts’ estimates, and raised its 2026 revenue outlook. The company cited demand, Superion 256 orders, its SkyWater integration, and manufacturing expansion as growth drivers. IONQ Q3 Earnings Call Highlights Guidance Hike and Quantum Demand
• Positive Sentiment: The company’s partnership with Carahsoft aims to bring IonQ’s quantum solutions to public-sector customers, potentially expanding its route to government business. IonQ and Carahsoft Partner to Bring Quantum Solutions to the Public Sector
• Positive Sentiment: IonQ’s shares have rallied alongside other quantum-computing stocks, extending gains after the earnings report. The rally reflects investor enthusiasm for the company’s outlook as well as broader sector momentum. IonQ Gains Another 9%, Rigetti Up 9%, D-Wave Up 7% as Quantum Rally Extends Into Rivals’ Earnings
• Neutral Sentiment: IonQ ended the quarter with $3.7 billion in cash, providing resources for investment and expansion. However, reported revenue also received a substantial boost from its SkyWater foundry business, so investors may watch how much growth comes from its core quantum operations. IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
• Negative Sentiment: Some analysts have reduced price targets, and one report cautioned that estimates already reflect IonQ’s raised guidance—potentially limiting further upside if execution does not exceed expectations. Why IonQ Stock Plummeted 31.5% in October

About IonQ

IonQ, Inc develops quantum computers and related technologies using trapped-ion qubits, which store information in individual charged atoms. The company designs quantum computing hardware and software for applications that may benefit from quantum processing, including optimization, chemistry, and machine learning.

IonQ makes its quantum systems available to businesses, government agencies, and researchers through its cloud service and third-party platforms, including Amazon Braket and Microsoft Azure Quantum.