IonQ (NYSE:IONQ) Upgraded at Wall Street Zen

IonQ (NYSE:IONQ) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday.

Several other equities research analysts have also recently weighed in on the company. Northland Securities assumed coverage on IonQ in a report on Monday, April 20th. They set an “outperform” rating and a $55.00 target price for the company. Needham & Company LLC dropped their target price on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Jefferies Financial Group set a $85.00 target price on IonQ in a report on Thursday, May 7th. DA Davidson dropped their target price on IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Wedbush restated an “outperform” rating and set a $60.00 target price on shares of IonQ in a report on Monday, May 4th. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $68.63.

IonQ Trading Down 0.2%

Shares of IonQ stock opened at $57.88 on Friday. The firm has a market capitalization of $21.61 billion, a PE ratio of -206.73 and a beta of 3.18. The business’s 50-day moving average price is $50.21 and its 200-day moving average price is $44.64. IonQ has a 12 month low of $25.89 and a 12 month high of $84.64.

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

Insiders Place Their Bets

In other IonQ news, insider Robert T. Cardillo sold 3,773 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total value of $188,272.70. Following the completion of the sale, the insider owned 139,967 shares in the company, valued at approximately $6,984,353.30. This trade represents a 2.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 5.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On IonQ

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. lifted its holdings in IonQ by 485.7% in the 3rd quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock worth $25,000 after buying an additional 340 shares during the period. Beaird Harris Wealth Management LLC lifted its holdings in IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after buying an additional 270 shares during the period. Accent Capital Management LLC lifted its holdings 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 buying an additional 371 shares during the period. Kelleher Financial Advisors purchased a new stake in IonQ in the 3rd quarter worth approximately $36,000. Finally, Fortitude Family Office LLC lifted its holdings in IonQ by 3,800.0% in the 4th quarter. Fortitude Family Office LLC now owns 624 shares of the company’s stock worth $28,000 after buying an additional 608 shares during the period. Hedge funds and other institutional investors own 41.42% of the company’s stock.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating on IonQ and raised its price target to $100, implying substantial upside from current levels. Benzinga report on Rosenblatt rating
• Positive Sentiment: IonQ outperformed the broader market in the latest session, suggesting investors are still rewarding its strong 2026 rally and quantum-computing leadership. Why IonQ, Inc. (IONQ) Outpaced the Stock Market Today
• Neutral Sentiment: Several roundup-style articles highlighted IonQ as one of the key quantum computing stocks to watch, reinforcing continued investor interest in the sector rather than providing a new company-specific catalyst. Top Quantum Computing Stocks To Follow Today – June 9th
• Neutral Sentiment: Broader quantum-sector commentary noted that enthusiasm is shifting from pure hype toward valuation discipline and milestone execution, which could keep sentiment volatile for IonQ. Zacks Analyst Blog Highlights IonQ
• Negative Sentiment: IonQ is facing fresh scrutiny after a public controversy questioned whether the company has overstated aspects of its quantum-computing capabilities, which could pressure investor confidence if concerns persist. IonQ Faces Scrutiny As Controversy And Funding Snub Test Investor Trust
• Negative Sentiment: IonQ was also among the names not selected for a new U.S. government quantum funding program, a potential disappointment for investors hoping for additional validation or non-dilutive support. Google spurned U.S. quantum fund over conditions that would slow R&D

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.