Sumitomo Mitsui DS Asset Management Company Ltd Invests $1.54 Million in IonQ, Inc. $IONQ

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in shares of IonQ, Inc. (NYSE:IONQ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 34,253 shares of the company’s stock, valued at approximately $1,537,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of IonQ by 18.5% during the 4th quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock worth $1,560,343,000 after buying an additional 5,420,037 shares during the last quarter. State Street Corp increased its holdings in shares of IonQ by 19.9% during the 3rd quarter. State Street Corp now owns 6,299,559 shares of the company’s stock worth $387,423,000 after buying an additional 1,043,878 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of IonQ by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,008,001 shares of the company’s stock worth $184,992,000 after buying an additional 333,653 shares during the last quarter. Northern Trust Corp increased its holdings in shares of IonQ by 30.3% during the 3rd quarter. Northern Trust Corp now owns 2,737,026 shares of the company’s stock worth $168,327,000 after buying an additional 636,482 shares during the last quarter. Finally, Lansdowne Partners UK LLP increased its holdings in shares of IonQ by 286.1% during the 3rd quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company’s stock worth $119,127,000 after buying an additional 1,435,394 shares during the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on IONQ. Wedbush restated an “outperform” rating and set a $60.00 price target on shares of IonQ in a report on Monday, May 4th. Benchmark dropped their target price on shares of IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Jefferies Financial Group set a $85.00 target price on shares of IonQ in a report on Thursday. Cantor Fitzgerald reiterated an “overweight” rating on shares of IonQ in a report on Monday, February 9th. Finally, DA Davidson dropped their target price on shares of IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Ten research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $68.63.

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ posted record Q1 revenue of $64.7 million, up sharply year over year, and lifted its 2026 revenue forecast, reinforcing the view that commercial demand for its quantum platform is accelerating. IonQ Announces First Quarter 2026 Financial Results
• Positive Sentiment: SkyWater Technology stockholders approved the merger agreement with IonQ, removing a key hurdle for the deal and potentially expanding IonQ’s semiconductor and manufacturing capabilities. SkyWater Technology Stockholders Approve Merger Agreement with IonQ
• Positive Sentiment: Analysts are still pointing to meaningful upside in the quantum-semiconductor space, with one Zacks piece arguing IonQ could gain alongside peers as investor interest in the theme heats up. Why ASX and IONQ May Gain 15%+ in the Quantum-Semiconductor Space

Insiders Place Their Bets

In other IonQ news, Director William J. Teuber, Jr. purchased 3,000 shares of the company’s stock in a transaction on Friday, February 27th. The stock was acquired at an average price of $38.38 per share, for a total transaction of $115,140.00. Following the completion of the purchase, the director directly owned 9,413 shares in the company, valued at approximately $361,270.94. The trade was a 46.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John W. Raymond sold 2,800 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $33.34, for a total transaction of $93,352.00. Following the completion of the transaction, the insider owned 83,963 shares of the company’s stock, valued at approximately $2,799,326.42. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,354 shares of company stock worth $504,428 over the last 90 days. Corporate insiders own 5.20% of the company’s stock.

IonQ Stock Up 3.5%

NYSE:IONQ opened at $49.36 on Friday. The company has a fifty day simple moving average of $36.42 and a two-hundred day simple moving average of $43.57. The company has a market cap of $18.10 billion, a price-to-earnings ratio of -176.28 and a beta of 3.05. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64.

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.