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

IonQ, Inc. (NYSE:IONQ) insider John Raymond sold 3,815 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $209,863.15. Following the transaction, the insider owned 80,148 shares in the company, valued at approximately $4,408,941.48. The trade was a 4.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

IonQ Stock Performance

NYSE:IONQ opened at $57.61 on Wednesday. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64. The firm has a market cap of $21.50 billion, a P/E ratio of -205.75 and a beta of 3.18. The firm has a 50-day simple moving average of $54.19 and a 200-day simple moving average of $45.10.

IonQ (NYSE:IONQ) last released its quarterly earnings data 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). The business 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% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.14) earnings per share. On average, research analysts predict that IonQ, Inc. will post -2.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on IONQ. Wall Street Zen raised IonQ from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. Jefferies Financial Group set a $85.00 target price on IonQ in a research note on Thursday, May 7th. Morgan Stanley set a $48.50 price target on shares of IonQ in a research report on Thursday, May 7th. Rosenblatt Securities restated a “buy” rating and issued a $100.00 price target on shares of IonQ in a report on Thursday, June 11th. Finally, Weiss Ratings raised shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $69.88.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Trump’s executive orders on quantum computing and post-quantum cryptography position IonQ to potentially benefit from federal funding, partnerships, and policy support. Article link
• Positive Sentiment: Northland Securities raised its price target on IonQ to $70 and reiterated an outperform rating, reinforcing bullish analyst sentiment. Article link
• Positive Sentiment: Investors are reacting to IonQ’s recent product momentum and broader growth narrative, including its quantum security launch and expanding full-stack strategy. Article link
• Neutral Sentiment: Shareholder voting was mixed, with board approval but some pushback on pay, making the governance update neither clearly positive nor negative. Article link
• Negative Sentiment: Several analysts and market commentators warned that IonQ’s valuation is rich and that higher costs, execution risk, and macro pressure could limit near-term upside. Article link
• Negative Sentiment: Recent insider sales by directors and an executive may create some caution, even though the transactions were not large relative to IonQ’s size. Article link

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in IONQ. Royal Bank of Canada boosted its holdings in IonQ by 12.5% in the first quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock worth $2,962,000 after acquiring an additional 14,898 shares in the last quarter. Amundi acquired a new position in shares of IonQ during the first quarter valued at about $630,000. AQR Capital Management LLC raised its position in shares of IonQ by 106.2% in the 1st quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock valued at $1,265,000 after purchasing an additional 29,513 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of IonQ by 24.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company’s stock valued at $9,932,000 after purchasing an additional 87,428 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in IonQ by 30.3% in the 1st quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock worth $1,032,000 after purchasing an additional 10,881 shares in the last quarter. 41.42% of the stock is owned by institutional investors and hedge funds.

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.