Benchmark Cuts IonQ (NYSE:IONQ) Price Target to $65.00

IonQ (NYSE:IONQ) had its target price cut by Benchmark from $75.00 to $65.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages also recently commented on IONQ. Cantor Fitzgerald reiterated an “overweight” rating on shares of IonQ in a report on Monday, February 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of IonQ in a report on Thursday, January 22nd. Needham & Company LLC lowered their price target on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a report on Thursday. Mizuho assumed coverage on IonQ in a research note on Thursday, December 11th. They issued an “outperform” rating and a $90.00 target price on the stock. Finally, DA Davidson boosted their price objective on IonQ from $35.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, IonQ presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.45.

IonQ Price Performance

Shares of NYSE:IONQ opened at $38.30 on Thursday. The stock has a market cap of $13.31 billion, a P/E ratio of -15.38 and a beta of 2.63. The firm has a fifty day moving average price of $42.58 and a 200 day moving average price of $50.33. IonQ has a 1-year low of $17.88 and a 1-year high of $84.64.

Insiders Place Their Bets

In other IonQ news, insider Robert T. Cardillo sold 5,165 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $39.44, for a total value of $203,707.60. Following the transaction, the insider directly owned 112,291 shares in the company, valued at $4,428,757.04. The trade was a 4.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kathryn K. Chou sold 5,000 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the sale, the director owned 60,839 shares in the company, valued at $3,346,145. The trade was a 7.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 30,781 shares of company stock worth $1,525,804. 5.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On IonQ

Several large investors have recently modified their holdings of IONQ. Stone House Investment Management LLC increased its stake in IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 350 shares during the last quarter. Ameriflex Group Inc. boosted its position in shares of IonQ by 485.7% in the third quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock valued at $25,000 after acquiring an additional 340 shares during the period. Hilltop National Bank grew its position in shares of IonQ by 112.5% during the 3rd quarter. Hilltop National Bank now owns 425 shares of the company’s stock worth $26,000 after purchasing an additional 225 shares in the last quarter. Financial Consulate Inc. bought a new position in IonQ during the 3rd quarter worth $29,000. Finally, UMB Bank n.a. bought a new position in shares of IonQ in the third quarter worth $31,000. 41.42% of the stock is currently owned by institutional investors.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Q4 beat and raised FY26 guidance — IonQ reported Q4 revenue of $61.9M (≈429% YoY) and raised 2026 revenue guidance to $225–245M, a major growth surprise that sparked the prior session’s rally. IonQ Just Delivered the Quarter That Changes the Quantum Narrative
• Positive Sentiment: Large cash cushion and strategic M&A — IonQ’s pro‑forma cash/investments (~$3.3B) plus acquisitions (Vector Atomic, SkyWater) reduce dilution risk and support aggressive growth/defense contracting. IonQ Just Delivered the Quarter That Changes the Quantum Narrative
• Positive Sentiment: Commercial & defense traction — New deployments (large QKD network in Romania) and inclusion on the MDA SHIELD IDIQ validate demand outside pilots and improve revenue visibility. IonQ Delivers One of the Largest Operational Quantum Key Distribution Networks in Europe
• Neutral Sentiment: Sector/peer context — Comparative analyst pieces (QUBT, RGTI, D‑Wave) provide context on upside vs. rivals but don’t change IonQ’s company‑specific drivers. QUBT vs. IONQ: Which Quantum Computing Stock Offers Greater Upside?
• Neutral Sentiment: Earnings call/transcript available — Read management’s comments for color on cadence and margin targets; useful for modeling but not an immediate catalyst. IonQ Q4 2025 Earnings Call Transcript
• Negative Sentiment: Analyst trims and mixed broker notes — Several firms cut targets or moved to neutral after Q4 (DA Davidson, JPMorgan), which can cap near‑term upside and feeds headline selling. These Analysts Slash Their Forecasts On IonQ After Q4 Results
• Negative Sentiment: Margins and cash burn remain a concern — Gross margin contracted and management projects a large adjusted loss for 2026, keeping valuation dependent on sustained execution. IonQ Stock Up on Q4 Earnings & Revenue Beat, Gross Margin Down
• Negative Sentiment: Post‑rally profit‑taking, analyst caution and an insider sale are pressuring the stock today after the big move — high volume and volatile positioning amplified the pullback. SEC Insider Filing

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.