IonQ (NYSE:IONQ) Given “Buy” Rating at Rosenblatt Securities

IonQ (NYSE:IONQ)‘s stock had its “buy” rating reissued by stock analysts at Rosenblatt Securities in a research note issued to investors on Thursday,Benzinga reports. They presently have a $100.00 price objective on the stock. Rosenblatt Securities’ price objective would indicate a potential upside of 149.96% from the stock’s previous close.

A number of other analysts also recently weighed in on the stock. Morgan Stanley set a $48.50 target price on shares of IonQ in a research report on Thursday, May 7th. Wedbush started coverage on IonQ in a research note on Monday. They set an “outperform” rating and a $75.00 price objective on the stock. Wall Street Zen raised IonQ from a “strong sell” rating to a “sell” rating in a research note on Saturday, July 25th. Weiss Ratings upgraded IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, Northland Securities increased their price target on IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $69.88.

IonQ Price Performance

NYSE:IONQ opened at $40.01 on Thursday. The company has a market cap of $14.93 billion, a price-to-earnings ratio of -142.88 and a beta of 3.28. IonQ has a 1 year low of $25.89 and a 1 year high of $84.64. The stock’s 50 day simple moving average is $49.13 and its two-hundred day simple moving average is $43.39.

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

Insiders Place Their Bets

In other IonQ news, insider John W. Raymond sold 3,815 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the completion of the sale, the insider owned 80,148 shares of the company’s stock, valued at $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gabrielle B. Toledano sold 2,757 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $151,662.57. Following the transaction, the director owned 11,154 shares of the company’s stock, valued at $613,581.54. This trade represents a 19.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,329 shares of company stock valued at $513,216 over the last 90 days. Insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On IonQ

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of IonQ by 18.5% during the fourth quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock worth $1,560,343,000 after purchasing an additional 5,420,037 shares during the last quarter. State Street Corp boosted its position in IonQ by 42.3% in the 4th quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after buying an additional 2,663,230 shares during the period. Geode Capital Management LLC grew its stake in IonQ by 21.9% in the 4th quarter. Geode Capital Management LLC now owns 8,074,301 shares of the company’s stock worth $361,624,000 after acquiring an additional 1,452,463 shares in the last quarter. Norges Bank purchased a new position in shares of IonQ during the fourth quarter worth approximately $199,753,000. Finally, Marex Group plc raised its stake in shares of IonQ by 419.1% during the fourth quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock valued at $183,225,000 after acquiring an additional 3,296,866 shares in the last quarter. 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: Record revenue and higher guidance: IonQ reported second-quarter revenue of approximately $80.1 million, up 287% year over year and ahead of analyst expectations. The company also raised its 2026 revenue outlook to $280 million-$290 million, above the roughly $268 million consensus estimate. Its adjusted loss was better than expected, although GAAP results were affected by substantial non-cash warrant-valuation charges. IonQ Announces Record Second Quarter 2026 Revenues, Growing 287% YoY
• Positive Sentiment: Defense contract momentum: DARPA awarded IonQ a $28 million contract extension to produce and deliver 125 Evergreen-05 optical atomic clocks for applications including radar, secure communications and precision navigation. Separately, IonQ’s Capella space division won an NRO contract to provide commercial synthetic-aperture-radar imagery and data for national-security missions. DARPA Selects IonQ to Produce Next-Generation Atomic Clocks IonQ’s Space Division Awarded NRO Radar Commercial Augmentation Contract
• Positive Sentiment: Expanded partnerships: IonQ is advancing quantum networking and security through agreements with Sandia National Laboratories and EPB, including a Tennessee research center intended to test quantum-memory technology on a live fiber network. These initiatives could strengthen commercial utility and government adoption. IonQ and Sandia National Laboratories Sign MOU
• Neutral Sentiment: Analyst support: Wedbush initiated coverage with an Outperform rating and a $75 price target, while the broader brokerage consensus is “Moderate Buy.”
• Negative Sentiment: Valuation and execution risk remain high: IonQ’s market capitalization is about $14.9 billion despite continuing losses, and its valuation leaves little room for delays in scaling quantum hardware, integrating SkyWater Technology or converting contracted business into recognized revenue. The stock’s retreat from approximately $69 in June to about $42 by early August highlights elevated sector volatility. 3 Quantum Computing Stocks Worth the Speculative Bet in August

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.