Keystone Financial Group lifted its stake in shares of IonQ, Inc. (NYSE:IONQ – Free Report) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,056 shares of the company’s stock after buying an additional 9,631 shares during the period. Keystone Financial Group’s holdings in IonQ were worth $2,111,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Ameriflex Group Inc. lifted its holdings in IonQ by 485.7% during the third quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock worth $25,000 after acquiring an additional 340 shares during the period. UMB Bank n.a. bought a new stake in IonQ during the third quarter worth $31,000. Beaird Harris Wealth Management LLC lifted its holdings 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. Kelleher Financial Advisors bought a new stake in IonQ during the third quarter worth $36,000. Finally, Fortitude Family Office LLC lifted its holdings 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. Hedge funds and other 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: The U.S. government’s $2 billion quantum-computing investment is lifting the entire sector, and IonQ is benefiting from the wave of buying in quantum stocks. Quantum Computing Stocks Break Out After Government Stake
- Positive Sentiment: IonQ’s Q1 update showed record revenue, a larger backlog, and raised 2026 revenue guidance to $260 million-$270 million, reinforcing the growth story behind the stock’s move. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition
- Positive Sentiment: Analyst commentary remains upbeat, with Wall Street bulls still optimistic about IonQ’s long-term opportunity and diversified quantum strategy. Wall Street Bulls Look Optimistic About IonQ (IONQ): Should You Buy?
- Neutral Sentiment: Market coverage is focusing on IonQ’s “historic” quantum milestone, which adds to investor enthusiasm but is less concrete than revenue or guidance news. IonQ Just Hit a Historic Quantum Computing Milestone, Here Is Why Serious Investors Are Starting to Pay Attention
- Neutral Sentiment: IonQ’s acquisition of SkyWater and investment in a new R&D facility support its vertical-integration strategy, but investors may still be weighing execution risk and ongoing losses. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition
Insider Buying and Selling at IonQ
Wall Street Analyst Weigh In
IONQ has been the topic of a number of recent analyst reports. Northland Securities initiated coverage on IonQ in a report on Monday, April 20th. They set an “outperform” rating and a $55.00 price target on the stock. DA Davidson dropped their price target on IonQ from $55.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, February 26th. Jefferies Financial Group set a $85.00 price target on IonQ in a report on Thursday, May 7th. Benchmark dropped their price target on IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Needham & Company LLC dropped their price target on IonQ from $80.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.63.
Read Our Latest Stock Analysis on IONQ
IonQ Price Performance
Shares of IONQ opened at $58.99 on Friday. The firm has a market cap of $22.02 billion, a PE ratio of -210.66 and a beta of 3.05. The stock’s fifty day moving average price is $39.79 and its two-hundred day moving average price is $43.13. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64.
IonQ (NYSE:IONQ – Get Free Report) last issued its 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 firm had revenue of $64.67 million during 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%. The business’s quarterly revenue was up 754.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. Sell-side analysts anticipate that IonQ, Inc. will post -2.26 earnings per share for the current fiscal year.
IonQ 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.
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