Saudi Central Bank Has $1.26 Million Holdings in IonQ, Inc. $IONQ

Saudi Central Bank grew its holdings in IonQ, Inc. (NYSE:IONQ) by 117.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,740 shares of the company’s stock after acquiring an additional 12,840 shares during the quarter. Saudi Central Bank’s holdings in IonQ were worth $1,264,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

IONQ has been the subject of several research reports. Wedbush assumed coverage on shares of IonQ in a research note on Monday, August 3rd. They issued an “outperform” rating and a $75.00 target price for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $65.00 price target on shares of IonQ in a report on Thursday, August 6th. Weiss Ratings cut IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Cantor Fitzgerald reiterated an “overweight” rating and issued a $70.00 price objective on shares of IonQ in a research report on Thursday, August 6th. Finally, Benchmark reissued a “buy” rating and set a $60.00 price objective on shares of IonQ in a report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.92.

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its full-year 2026 revenue outlook to $450 million–$460 million, incorporating revenue from SkyWater Technology following its July 31 acquisition. The guidance increase was the primary catalyst, although it includes only five months of SkyWater contributions and removes certain intercompany revenue. IonQ Announces Increased Full-Year 2026 Financial Outlook Following SkyWater Acquisition
• Positive Sentiment: The company launched IonQ Superion 256, the first system in a planned upgradeable product family designed to support scalable, manufacturable fault-tolerant quantum computing. The platform may strengthen IonQ’s long-term commercial positioning. IonQ Launches Superion Product Line
• Positive Sentiment: IonQ and Congruity360 announced an $8.18 million agreement to deploy quantum-safe network protection using IonQ’s post-quantum cryptography and quantum key distribution appliances, providing evidence of growing enterprise demand. IonQ and Congruity360 Partner to Enhance Quantum-Safe Protection
• Neutral Sentiment: IonQ published a fully compiled resource estimate for using Shor’s algorithm to attack 256-bit elliptic-curve signatures. The research highlights technical progress and estimates a future system requiring roughly 20,000 physical qubits, but it is not an immediate revenue driver. IonQ Publishes Blueprint for Breaking 256-Bit Elliptic-Curve Signatures
• Negative Sentiment: IonQ remains a highly speculative, loss-making company; its prior quarterly results showed a deeply negative net margin, and analysts expect a full-year loss. The higher outlook therefore improves growth expectations without resolving near-term profitability concerns.

Insider Buying and Selling at IonQ

In related news, Director Kathryn K. Chou sold 2,757 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the transaction, the director owned 62,608 shares in the company, valued at $3,444,692.16. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John W. Raymond sold 3,815 shares of the firm’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 value of $209,863.15. Following the transaction, 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 9,329 shares of company stock valued at $513,216. 0.55% of the stock is currently owned by corporate insiders.

IonQ Stock Performance

NYSE:IONQ opened at $40.34 on Wednesday. The company has a 50-day moving average of $40.68 and a 200-day moving average of $43.69. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64. The company has a market capitalization of $15.37 billion, a price-to-earnings ratio of -8.66 and a beta of 3.30.

IonQ (NYSE:IONQ) last posted its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.56) by $0.23. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The business had revenue of $80.05 million for the quarter, compared to analysts’ expectations of $66.47 million. During the same quarter in the previous year, the firm posted ($0.70) earnings per share. The firm’s revenue for the quarter was up 286.7% on a year-over-year basis. Sell-side analysts forecast that IonQ, Inc. will post -2.86 EPS for the current 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.