Rosenblatt Securities Reaffirms “Buy” Rating for IonQ (NYSE:IONQ)

IonQ (NYSE:IONQ)‘s stock had its “buy” rating restated by equities research analysts at Rosenblatt Securities in a research note issued on Tuesday,Benzinga reports. They presently have a $100.00 target price on the stock. Rosenblatt Securities’ price objective indicates a potential upside of 118.61% from the stock’s previous close.

IONQ has been the subject of several other research reports. Needham & Company LLC reissued a “buy” rating and set a $80.00 price target on shares of IonQ in a research report on Thursday, November 6th. Mizuho initiated coverage on shares of IonQ in a research note on Thursday, December 11th. They set an “outperform” rating and a $90.00 price objective for the company. Jefferies Financial Group started coverage on IonQ in a research note on Tuesday, December 16th. They issued a “buy” rating and a $100.00 target price on the stock. Wedbush began coverage on IonQ in a report on Wednesday, December 17th. They set an “outperform” rating and a $60.00 price target on the stock. Finally, Morgan Stanley upped their price target on IonQ from $32.00 to $58.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. Nine analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $75.91.

IonQ Trading Up 0.6%

NYSE IONQ opened at $45.74 on Tuesday. IonQ has a 1-year low of $17.88 and a 1-year high of $84.64. The stock has a 50-day moving average of $48.54 and a 200-day moving average of $51.44. The firm has a market cap of $15.89 billion, a PE ratio of -8.55 and a beta of 2.63.

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

Insider Buying and Selling

In other news, Director William J. Teuber, Jr. bought 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was purchased at an average price of $54.81 per share, with a total value of $109,620.00. Following the transaction, the director owned 6,413 shares of the company’s stock, valued at approximately $351,496.53. The trade was a 45.32% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Rima Alameddine sold 100,000 shares of IonQ stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $46.89, for a total value of $4,689,000.00. Following the sale, the executive owned 432,616 shares in the company, valued at $20,285,364.24. This represents a 18.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 125,000 shares of company stock valued at $5,992,000 over the last three months. Corporate insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On IonQ

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of IonQ by 18.5% during the 3rd quarter. Vanguard Group Inc. now owns 29,354,706 shares of the company’s stock valued at $1,805,314,000 after buying an additional 4,587,260 shares in the last quarter. Norges Bank bought a new position in shares of IonQ in the 2nd quarter worth about $114,767,000. JPMorgan Chase & Co. lifted its position in 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 during the period. Lansdowne Partners UK LLP lifted its position in IonQ by 286.1% during the 3rd quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company’s stock valued at $119,127,000 after acquiring an additional 1,435,394 shares during the period. Finally, State Street Corp boosted its stake in IonQ by 19.9% during the third quarter. State Street Corp now owns 6,299,559 shares of the company’s stock worth $387,423,000 after acquiring an additional 1,043,878 shares in the last quarter. Institutional investors own 41.42% of the company’s stock.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating and set a $100 price target (roughly 118.6% upside from the referenced price), signaling strong analyst conviction that could attract buyers. Rosenblatt reaffirmed buy, $100 PT
• Positive Sentiment: Needham & Company also reaffirmed a “buy” rating with an $80 target (about 74.9% upside), adding to bullish analyst momentum that supports a recovery narrative. Needham reaffirms buy, $80 PT
• Positive Sentiment: Seeking Alpha argues IonQ remains a strong buy after strategic moves — notably the SkyWater acquisition and key hires (including a former Department of War CIO) — and projects a material revenue ramp toward a reported $800M run rate by 2027; it downplays the impact of a DOW ban on Quantum Key Distribution as a niche exposure. IonQ: Critical Department Of War Memo
• Positive Sentiment: Yahoo Finance highlights that the recent pullback may create valuation upside based on DCF scenarios, suggesting the share decline has opened a potential entry point for long‑term investors. Is IonQ Still Attractive After Recent Pullback?
• Neutral Sentiment: Zacks compares IonQ with competitors (e.g., QBTS), noting other quantum names may offer steadier near‑term rebounds due to existing revenue and deployments — a reminder that IonQ’s path may be more volatility‑driven and execution‑dependent. QBTS or IONQ: Which Quantum Stock Wins?
• Neutral Sentiment: A broader Zacks analyst blog covering Rigetti, D‑Wave and IonQ provides industry context on partnerships and hybrid strategies; useful for longer‑term comparison but not a direct catalyst. The Zacks Analyst Blog: Rigetti, D-Wave Quantum and IonQ
• Negative Sentiment: 247WallStreet highlights a steep drawdown (“down 50%”) and warns the stock can be volatile and risky—coverage that can reinforce selling pressure from momentum traders and cautious investors. IonQ Stock Is Down 50%: Is It A Buy?

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.