ProShare Advisors LLC Acquires New Holdings in IonQ, Inc. $IONQ

ProShare Advisors LLC acquired a new position in IonQ, Inc. (NYSE:IONQ) during the third quarter, HoldingsChannel.com reports. The fund acquired 43,330 shares of the company’s stock, valued at approximately $1,900,000.

Several other large investors also recently added to or reduced their stakes in IONQ. BlackRock Inc. purchased a new stake in IonQ during the second quarter valued at approximately $1,112,945,000. Bank of America Corp DE purchased a new stake in shares of IonQ in the 2nd quarter worth $344,757,000. Bank of New York Mellon Corp purchased a new stake in shares of IonQ in the 2nd quarter worth $113,863,000. Legal & General Group Plc bought a new position in IonQ in the 2nd quarter worth $82,126,000. Finally, Deutsche Bank AG bought a new position in IonQ in the 2nd quarter worth $27,836,000. 41.42% of the stock is currently owned by institutional investors.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ reported record third-quarter revenue of $173.8 million, up 336% year over year and above analyst expectations. Its loss per share was also narrower than forecast. Why IonQ Stock Is Soaring Today
• Positive Sentiment: The company raised its 2026 revenue guidance to $505 million–$515 million. Its backlog reached $1.2 billion, and Superion 256 capacity is booked through 2027—signs of robust demand and future sales visibility. IonQ: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: IonQ also advanced to Stage C of DARPA’s quantum benchmarking initiative, while its SkyWater acquisition is expected to strengthen manufacturing capabilities. IonQ Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Analysts at Cantor Fitzgerald and Needham lowered their price targets but kept positive ratings, reflecting a more cautious outlook without abandoning the investment case. Cantor Fitzgerald recommendations
• Negative Sentiment: Despite the growth, IonQ remains loss-making. Investors are also weighing cash burn and potential dilution from its planned capital raise and stock-funded $1.15 billion Elisity acquisition, as well as uncertainty over how quickly quantum computing demand will translate into sustainable profits. IonQ Beat and Raised: Can the Quantum Stock Buck the Tech Selloff?
• Negative Sentiment: Zacks added IONQ to its Strong Sell list, a counterpoint to the earnings optimism and a potential source of investor caution. New Strong Sell Stocks for November 6th

Analysts Set New Price Targets

Several equities analysts recently weighed in on IONQ shares. Weiss Ratings downgraded IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. Wedbush restated an “outperform” rating and issued a $75.00 price target on shares of IonQ in a research report on Tuesday, October 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 price objective on shares of IonQ in a research note on Tuesday, October 13th. Zacks Research cut IonQ from a “hold” rating to a “strong sell” rating in a research report on Thursday. Finally, B. Riley Financial cut their price objective on IonQ from $100.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, November 2nd. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.23.

Insider Activity at IonQ

In other news, insider John Raymond sold 2,407 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $37.21, for a total value of $89,564.47. Following the completion of the transaction, the insider owned 77,741 shares of the company’s stock, valued at $2,892,742.61. This represents a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.55% of the stock is owned by insiders.

IonQ Trading Up 21.5%

Shares of IONQ traded up $5.69 during trading hours on Friday, reaching $32.12. 42,656,594 shares of the stock traded hands, compared to its average volume of 22,644,404. IonQ, Inc. has a 52-week low of $24.92 and a 52-week high of $73.65. The company’s 50-day moving average price is $36.91 and its two-hundred day moving average price is $41.58. The company has a market cap of $13.79 billion, a P/E ratio of 118.98 and a beta of 3.32.

IonQ (NYSE:IONQ) last issued its earnings results on Thursday, November 5th. The company reported ($0.29) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.06. The company had revenue of $173.83 million during the quarter, compared to the consensus estimate of $141.49 million. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. IonQ’s quarterly revenue was up 336.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($3.58) EPS. On average, research analysts forecast that IonQ, Inc. will post -2.96 EPS for the current year.

IonQ Profile

IonQ, Inc (NYSE: IONQ) is a quantum computing company that develops full-stack quantum computing systems and related software. Its technology is based on trapped-ion quantum computing, which uses electrically charged atoms as qubits and is designed to support highly accurate quantum operations.

The company provides access to its quantum computers through cloud platforms and direct enterprise and research engagements. Its offerings include quantum computing hardware, cloud-based access, software tools, and professional services intended to help organizations explore applications in areas such as optimization, chemistry, materials science, artificial intelligence, and cybersecurity.