Exchange Traded Concepts LLC Boosts Stake in IonQ, Inc. $IONQ

Exchange Traded Concepts LLC raised its position in IonQ, Inc. (NYSE:IONQ) by 34.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,403 shares of the company’s stock after purchasing an additional 33,227 shares during the quarter. Exchange Traded Concepts LLC’s holdings in IonQ were worth $8,020,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IONQ. Vanguard Group Inc. increased its position in IonQ by 15.2% during the 2nd quarter. Vanguard Group Inc. now owns 24,767,446 shares of the company’s stock worth $1,064,257,000 after purchasing an additional 3,269,482 shares in the last quarter. Geode Capital Management LLC increased its position in shares of IonQ by 15.2% in the second quarter. Geode Capital Management LLC now owns 5,338,456 shares of the company’s stock worth $229,422,000 after acquiring an additional 705,301 shares in the last quarter. State Street Corp raised its stake in shares of IonQ by 15.1% in the 2nd quarter. State Street Corp now owns 5,255,681 shares of the company’s stock valued at $225,837,000 after acquiring an additional 688,663 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of IonQ by 648.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,674,348 shares of the company’s stock valued at $114,917,000 after acquiring an additional 2,317,058 shares in the last quarter. Finally, Norges Bank purchased a new stake in IonQ during the 2nd quarter worth $114,767,000. Hedge funds and other institutional investors own 41.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley raised their price objective on IonQ from $32.00 to $58.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Mizuho began coverage on IonQ in a report on Thursday, December 11th. They set an “outperform” rating and a $90.00 target price on the stock. Wedbush assumed coverage on IonQ in a report on Wednesday, December 17th. They issued an “outperform” rating and a $60.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of IonQ in a research note on Thursday, November 20th. They set a “neutral” rating and a $47.00 price objective on the stock. Finally, Jefferies Financial Group started coverage on shares of IonQ in a research note on Tuesday, December 16th. They issued a “buy” rating and a $100.00 target price for the company. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, IonQ currently has a consensus rating of “Hold” and a consensus price target of $72.08.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Confirmed government/infrastructure deal — IonQ finalized delivery of a 100‑qubit Tempo system to KISTI to support South Korea’s National Quantum Computing Center, a high‑visibility commercial win that validates product demand and recurring revenue potential. IonQ and KISTI Finalize Agreement to Deliver 100‑Qubit Quantum System in South Korea
• Positive Sentiment: Commercial partnership extension — IonQ expanded its agreement with QuantumBasel (extension to keep Forte Enterprise and add a Tempo unit), signaling customer stickiness and upsell of next‑gen systems. IonQ Expands its Agreement with QuantumBasel
• Positive Sentiment: Analyst and institutional momentum — Multiple buy/outperform ratings and elevated price targets (median ~$72.5) plus large Q3 institutional accumulation by firms like Morgan Stanley, Vanguard and BlackRock support a bullish narrative and provide buying pressure. IonQ Opinions on Recent Quantum Computing Advances
• Neutral Sentiment: Retail-fueled short‑term lift — Holiday “Santa rally” and retail interest have been cited as drivers of recent short-term gains; this can boost price temporarily but isn’t necessarily indicative of sustained fundamentals. D‑Wave, Rigetti, IonQ Stocks Climb In Retail‑Fueled Santa Rally
• Neutral Sentiment: Sector narrative — Broader coverage and comparisons to other quantum names (and even NVDA’s AI narrative framing) raise expectations but also introduce benchmarking risk if execution lags. Quantum Stocks 2026: Can IONQ & QBTS Follow NVDA’s Playbook?
• Negative Sentiment: Significant insider selling — QuiverQuant flags heavy insider sales in recent months (multiple executives selling large blocks, with only one small purchase), which raises governance/near‑term supply concerns and can exert selling pressure. IonQ Insider Trading Activity
• Negative Sentiment: Earnings execution risk — While revenue growth has been strong year‑over‑year, prior quarterly EPS misses and wide operating losses mean investors remain sensitive to execution and margins; any signs of slower-than-expected commercialization could push the stock lower. IonQ Shares Rise After Revenue Growth Update Report

IonQ Trading Down 4.7%

Shares of NYSE:IONQ opened at $51.34 on Wednesday. The firm has a market cap of $17.84 billion, a PE ratio of -9.60 and a beta of 2.62. The company has a fifty day simple moving average of $53.12 and a 200 day simple moving average of $50.26. IonQ, Inc. has a 12-month low of $17.88 and a 12-month high of $84.64.

IonQ (NYSE:IONQ) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($3.58) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($3.14). The company had revenue of $39.87 million for the quarter, compared to the consensus estimate of $26.99 million. IonQ had a negative net margin of 1,836.32% and a negative return on equity of 127.06%. The company’s revenue was up 221.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.24) earnings per share. As a group, equities research analysts forecast that IonQ, Inc. will post -0.86 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CRO Rima Alameddine sold 100,000 shares of IonQ stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $46.89, for a total value of $4,689,000.00. Following the completion of the transaction, the executive directly owned 432,616 shares in the company, valued at approximately $20,285,364.24. This trade represents a 18.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William J. Teuber, Jr. acquired 2,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were purchased at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the purchase, the director directly owned 6,413 shares of the company’s stock, valued at $351,496.53. This represents a 45.32% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 125,000 shares of company stock worth $5,992,000. Corporate insiders own 5.20% of the company’s stock.

About IonQ

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.