IonQ, Inc. $IONQ Position Decreased by Axiom Investors LLC DE

Axiom Investors LLC DE trimmed its position in IonQ, Inc. (NYSE:IONQ) by 33.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 140,677 shares of the company’s stock after selling 70,194 shares during the period. Axiom Investors LLC DE’s holdings in IonQ were worth $6,312,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. raised its position in IonQ by 485.7% during 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 in the last quarter. Accent Capital Management LLC increased its position in IonQ by 171.8% during the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after acquiring an additional 371 shares during the period. Fortitude Family Office LLC increased its position in IonQ by 3,800.0% during the fourth quarter. Fortitude Family Office LLC now owns 624 shares of the company’s stock worth $28,000 after acquiring an additional 608 shares during the period. Beaird Harris Wealth Management LLC increased its position in IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after acquiring an additional 270 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock worth $36,000 after acquiring an additional 279 shares during the period. 41.42% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ opened a new quantum computing R&D lab in Boulder, Colorado, expanding semiconductor chip testing and development capacity for future trapped-ion systems. IonQ, Inc. (IONQ) Opens a New Quantum Computing R&D Lab in Boulder, Colorado
• Positive Sentiment: Recent bullish commentary highlighted IonQ’s record Q1 FY26 revenue, raised full-year guidance, and strong RPO growth, reinforcing the company’s long-term growth story. IonQ: The Most Complete Pure-Play Quantum Investment
• Neutral Sentiment: Several market articles and analyst-style pieces continued to spotlight IonQ as a leading pure-play quantum stock, which may be helping support investor interest but does not change fundamentals on its own. Brokers Suggest Investing in IonQ (IONQ): Read This Before Placing a Bet
• Negative Sentiment: A widely circulated article accused IonQ of making misleading bitcoin-mining claims, adding reputational pressure and likely contributing to investor caution. Martin Shkreli accuses IONQ of making wild bitcoin mining claims
• Negative Sentiment: With IonQ’s valuation still elevated and its earnings profile not yet profitable, traders may be taking profits after a strong run in the stock.

IonQ Price Performance

Shares of IonQ stock opened at $56.69 on Wednesday. The business has a fifty day simple moving average of $48.42 and a two-hundred day simple moving average of $44.32. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64. The company has a market capitalization of $21.16 billion, a price-to-earnings ratio of -202.45 and a beta of 3.18.

IonQ (NYSE:IONQ) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.08). The business had revenue of $64.67 million for the quarter, compared to analyst estimates of $49.75 million. IonQ had a net margin of 174.88% and a negative return on equity of 23.20%. The company’s revenue for the quarter was up 754.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.14) EPS. As a group, equities analysts anticipate that IonQ, Inc. will post -2.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

IONQ has been the topic of several analyst reports. Morgan Stanley set a $48.50 price target on shares of IonQ in a report on Thursday, May 7th. Weiss Ratings upgraded shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Benchmark reduced their price target on shares of IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wall Street Zen upgraded shares of IonQ from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. Finally, DA Davidson lowered their price target on IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.63.

Insider Transactions at IonQ

In other news, insider John W. Raymond sold 2,800 shares of IonQ stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $33.34, for a total transaction of $93,352.00. Following the sale, the insider directly owned 83,963 shares of the company’s stock, valued at approximately $2,799,326.42. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert T. Cardillo sold 3,773 shares of IonQ stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $49.90, for a total value of $188,272.70. Following the sale, the insider directly owned 139,967 shares in the company, valued at $6,984,353.30. The trade was a 2.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 5.20% of the company’s stock.

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.