IonQ (NYSE:IONQ) Insider John Raymond Sells 3,815 Shares of Stock

IonQ, Inc. (NYSE:IONQ) insider John Raymond sold 3,815 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $209,863.15. Following the sale, the insider directly owned 80,148 shares of the company’s stock, valued at approximately $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

IonQ Stock Up 3.2%

NYSE:IONQ opened at $58.36 on Tuesday. IonQ, Inc. has a 12-month low of $25.89 and a 12-month high of $84.64. The stock’s fifty day simple moving average is $53.61 and its 200-day simple moving average is $45.04. The firm has a market capitalization of $21.79 billion, a P/E ratio of -208.44 and a beta of 3.18.

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

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Northland Securities raised its price target on IonQ from $55 to $70 and reiterated an outperform rating, signaling renewed analyst confidence in the stock’s upside. Benzinga source
• Positive Sentiment: Investor sentiment is being supported by IonQ’s recent product momentum, including its new Clavis XG Multiplex quantum security offering and the company’s broader growth narrative around networking, sensing, and security. Quiver Quantitative source
• Positive Sentiment: The Wall Street Journal reported that the Trump administration is preparing executive orders to speed up quantum-computing development and address related security risks, which could lift the entire quantum sector, including IonQ. WSJ source
• Positive Sentiment: IonQ also announced a leadership addition, with the former CEO of Quantum Industry Canada joining the company, suggesting continued expansion of its industry relationships and talent base. BetaKit source
• Neutral Sentiment: Shareholders approved the board, though the pay vote showed some pushback, making the governance update mixed rather than clearly positive or negative. TipRanks source
• Negative Sentiment: Some market commentary says quantum stocks, including IonQ, remain vulnerable to macro pressure, rich valuations, and higher rates, which could limit near-term gains despite long-term promise. Yahoo Finance source
• Negative Sentiment: Additional analyst coverage from Zacks also framed IonQ as a sell candidate on valuation concerns, reinforcing caution around the stock’s current multiple. Zacks source

Institutional Trading of IonQ

Hedge funds and other institutional investors have recently made changes to their positions in the company. Ameriflex Group Inc. increased its holdings in 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 purchasing an additional 340 shares during the period. Accent Capital Management LLC increased its holdings in IonQ by 171.8% in the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after purchasing an additional 371 shares in the last quarter. Fortitude Family Office LLC increased its stake in shares of IonQ by 3,800.0% in the 4th quarter. Fortitude Family Office LLC now owns 624 shares of the company’s stock valued at $28,000 after acquiring an additional 608 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in IonQ by 216.5% in the first quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock valued at $28,000 after purchasing an additional 656 shares in the last quarter. Finally, PeakShares LLC acquired a new position in IonQ during the 1st quarter worth approximately $29,000. 41.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have weighed in on IONQ shares. Weiss Ratings raised shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. increased their price target on IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. DA Davidson decreased their price objective on shares of IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 target price on shares of IonQ in a research note on Thursday, June 11th. Finally, Benchmark decreased their price target on shares of IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Ten 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $69.88.

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.