Hsbc Holdings PLC Sells 31,754 Shares of IonQ, Inc. $IONQ

Hsbc Holdings PLC reduced its stake in IonQ, Inc. (NYSE:IONQ) by 17.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 152,648 shares of the company’s stock after selling 31,754 shares during the quarter. Hsbc Holdings PLC’s holdings in IonQ were worth $8,154,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp bought a new position in IonQ during the 2nd quarter worth approximately $25,000. Accent Capital Management LLC boosted its stake in shares of IonQ by 171.8% in the 4th quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock valued at $26,000 after purchasing an additional 371 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of IonQ by 216.5% during the first quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock worth $28,000 after buying an additional 656 shares during the period. PeakShares LLC acquired a new stake in shares of IonQ during the first quarter worth $29,000. Finally, EFG International AG bought a new position in IonQ during the second quarter worth $30,000. 41.42% of the stock is currently owned by institutional investors.

IonQ Trading Down 5.7%

IONQ opened at $38.15 on Thursday. The company has a fifty day moving average price of $40.41 and a two-hundred day moving average price of $43.72. IonQ, Inc. has a 1-year low of $25.89 and a 1-year high of $84.64. The company has a market cap of $14.53 billion, a P/E ratio of -8.19 and a beta of 3.30.

IonQ (NYSE:IONQ) last issued its earnings results on Wednesday, August 5th. The company reported ($0.33) EPS for the quarter, beating the consensus estimate of ($0.56) by $0.23. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The company had revenue of $80.05 million during the quarter, compared to the consensus estimate of $66.47 million. During the same period last year, the business posted ($0.70) EPS. The firm’s revenue for the quarter was up 286.7% compared to the same quarter last year. On average, research analysts forecast that IonQ, Inc. will post -2.86 EPS for the current fiscal year.

Insider Buying and Selling at IonQ

In other news, 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 completion of the sale, the insider owned 80,148 shares in the company, valued at $4,408,941.48. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gabrielle Toledano sold 2,757 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total value of $151,662.57. Following the completion of the transaction, the director owned 11,154 shares in the company, valued at approximately $613,581.54. This represents a 19.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 9,329 shares of company stock valued at $513,216. Company insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Northland Securities boosted their target price on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, June 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $80.00 price objective on shares of IonQ in a research report on Wednesday. Benchmark reissued a “buy” rating and issued a $60.00 price objective on shares of IonQ in a research note on Thursday, August 6th. Mizuho cut their target price on IonQ from $61.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Wall Street Zen cut IonQ from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 8th. Ten analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $67.17.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million, up substantially from its previous $280 million–$290 million forecast. The increase includes revenue from SkyWater Technology following the acquisition completed July 31, although much of the improvement reflects the acquired chip-foundry business rather than organic quantum-computing growth. IonQ Announces Increased Full-Year 2026 Financial Outlook
• Positive Sentiment: The SkyWater transaction, reportedly valued at approximately $1.8 billion, is intended to give IonQ greater control over chip manufacturing and support its new Superion platform. IonQ introduced Superion 256 as an upgradeable system designed to scale toward fault-tolerant quantum computing. Takeaways From IonQ’s Investor Day
• Positive Sentiment: Rosenblatt, Cantor Fitzgerald and Needham reaffirmed bullish ratings, with price targets ranging from $65 to $100. IonQ also announced an $8.18 million quantum-safe security agreement with Congruity360, providing evidence of commercial demand beyond quantum-computing hardware.
• Neutral Sentiment: IonQ published research estimating the resources needed for a fault-tolerant quantum computer to attack 256-bit elliptic-curve encryption. The work enhances the company’s technology profile but does not immediately add revenue.
• Negative Sentiment: Quantum stocks broadly pulled back as rate-hike odds increased. Investors are rotating away from long-duration growth companies, offsetting the favorable guidance, acquisition and product news. Quantum Stocks Fall as Rate-Hike Odds Climb

About IonQ

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.