Clear Street Group Inc. Acquires 2,196,017 Shares of IonQ, Inc. $IONQ

Clear Street Group Inc. grew its stake in shares of IonQ, Inc. (NYSE:IONQ) by 219.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,195,818 shares of the company’s stock after buying an additional 2,196,017 shares during the quarter. IonQ accounts for approximately 0.5% of Clear Street Group Inc.’s portfolio, making the stock its 13th largest holding. Clear Street Group Inc.’s holdings in IonQ were worth $143,396,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IONQ. Swedbank AB purchased a new position in shares of IonQ in the fourth quarter valued at about $2,708,000. Jefferies Financial Group Inc. purchased a new stake in shares of IonQ during the fourth quarter worth about $3,271,000. ProShare Advisors LLC boosted its holdings in shares of IonQ by 30.3% during the fourth quarter. ProShare Advisors LLC now owns 62,184 shares of the company’s stock worth $2,790,000 after purchasing an additional 14,465 shares during the period. Forsta AP Fonden bought a new stake in shares of IonQ in the fourth quarter worth about $5,488,000. Finally, CIBC Asset Management Inc increased its holdings in IonQ by 143.9% during the 4th quarter. CIBC Asset Management Inc now owns 16,150 shares of the company’s stock valued at $725,000 after purchasing an additional 9,529 shares during the period. Hedge funds and other institutional investors own 41.42% of the company’s stock.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating on IonQ and raised its price target to $100, implying substantial upside from current levels. Benzinga report on Rosenblatt rating
• Positive Sentiment: IonQ outperformed the broader market in the latest session, suggesting investors are still rewarding its strong 2026 rally and quantum-computing leadership. Why IonQ, Inc. (IONQ) Outpaced the Stock Market Today
• Neutral Sentiment: Several roundup-style articles highlighted IonQ as one of the key quantum computing stocks to watch, reinforcing continued investor interest in the sector rather than providing a new company-specific catalyst. Top Quantum Computing Stocks To Follow Today – June 9th
• Neutral Sentiment: Broader quantum-sector commentary noted that enthusiasm is shifting from pure hype toward valuation discipline and milestone execution, which could keep sentiment volatile for IonQ. Zacks Analyst Blog Highlights IonQ
• Negative Sentiment: IonQ is facing fresh scrutiny after a public controversy questioned whether the company has overstated aspects of its quantum-computing capabilities, which could pressure investor confidence if concerns persist. IonQ Faces Scrutiny As Controversy And Funding Snub Test Investor Trust
• Negative Sentiment: IonQ was also among the names not selected for a new U.S. government quantum funding program, a potential disappointment for investors hoping for additional validation or non-dilutive support. Google spurned U.S. quantum fund over conditions that would slow R&D

IonQ Stock Down 0.2%

Shares of IonQ stock opened at $57.88 on Friday. The company has a market cap of $21.61 billion, a price-to-earnings ratio of -206.73 and a beta of 3.18. The company’s 50 day moving average is $50.21 and its 200 day moving average is $44.64. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64.

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

Analysts Set New Price Targets

A number of research analysts have commented on the company. Needham & Company LLC lowered their price target on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. DA Davidson reduced their target price on IonQ from $55.00 to $35.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Jefferies Financial Group set a $85.00 target price on shares of IonQ in a research report on Thursday, May 7th. Northland Securities assumed coverage on IonQ in a research report on Monday, April 20th. They set an “outperform” rating and a $55.00 price target on the stock. Finally, Wedbush reissued an “outperform” rating and set a $60.00 price objective on shares of IonQ in a research note on Monday, May 4th. Ten research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.63.

Insider Buying and Selling

In related news, insider Robert T. Cardillo sold 3,773 shares of IonQ stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total transaction of $188,272.70. Following the transaction, the insider directly owned 139,967 shares in the company, valued at approximately $6,984,353.30. The trade was a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 5.20% of the company’s stock.

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.