IonQ’s (IONQ) “Buy” Rating Reaffirmed at Rosenblatt Securities

IonQ (NYSE:IONQ)‘s stock had its “buy” rating reissued by stock analysts at Rosenblatt Securities in a report released on Wednesday, Benzinga reports. They presently have a $100.00 price target on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 147.87% from the company’s previous close.

A number of other brokerages have also issued reports on IONQ. Weiss Ratings lowered IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. Northland Securities boosted their price target on shares of IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, June 22nd. Mizuho set a $52.00 price objective on shares of IonQ in a research note on Wednesday. Wedbush initiated coverage on shares of IonQ in a report on Monday, August 3rd. They set an “outperform” rating and a $75.00 target price on the stock. Finally, Jefferies Financial Group set a $75.00 price objective on IonQ in a research report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, IonQ currently has an average rating of “Moderate Buy” and a consensus price target of $66.75.

IonQ Stock Up 2.1%

NYSE:IONQ opened at $40.34 on Wednesday. The stock’s fifty day moving average is $40.68 and its two-hundred day moving average is $43.69. The company has a market capitalization of $15.37 billion, a P/E ratio of -8.66 and a beta of 3.30. IonQ has a 52 week low of $25.89 and a 52 week high of $84.64.

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

Insider Transactions at IonQ

In related news, Director Kathryn Chou sold 2,757 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were 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 approximately $3,444,692.16. The trade was a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gabrielle Toledano sold 2,757 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $151,662.57. Following the completion of the transaction, the director directly owned 11,154 shares in the company, valued at $613,581.54. This trade represents a 19.82% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 9,329 shares of company stock valued at $513,216. Insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On IonQ

Several hedge funds have recently added to or reduced their stakes in IONQ. Archer Investment Corp purchased a new stake in shares of IonQ during the 2nd quarter worth approximately $25,000. Accent Capital Management LLC grew its holdings in shares of IonQ by 171.8% during the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after purchasing an additional 371 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of IonQ by 216.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock valued at $28,000 after purchasing an additional 656 shares during the period. PeakShares LLC purchased a new position in IonQ during the 1st quarter worth approximately $29,000. Finally, EFG International AG purchased a new stake in IonQ in the second quarter valued at approximately $30,000. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million-$460 million, up from its prior $280 million-$290 million forecast. The revised guidance includes contributions from SkyWater Technology, acquired July 31, while accounting for the elimination of certain intercompany revenue. The increase was the primary catalyst for the share-price strength. IonQ Announces Increased Full-Year 2026 Financial Outlook Following SkyWater Acquisition
• Positive Sentiment: The SkyWater acquisition expands IonQ beyond quantum-computing services into semiconductor manufacturing and is expected to provide most of the guidance increase. Investors may view the deal as improving IonQ’s vertical integration and commercialization prospects, although the outlook is not solely attributable to quantum-computing demand. IonQ Just Raised Its 2026 Revenue Outlook by About 60%. Most of the Raise Isn’t Quantum Computing.
• Positive Sentiment: IonQ launched the Superion product line, including the Superion 256, a planned upgradeable platform intended to support scalable, fault-tolerant quantum systems. The announcement gives investors additional product milestones to evaluate. IonQ Launches Superion Product Line
• Positive Sentiment: IonQ announced an $8.18 million agreement with Congruity360 to provide quantum-safe data protection using post-quantum cryptography and quantum key distribution appliances. The contract offers evidence of commercial demand for IonQ’s security-related offerings. IonQ and Congruity360 Partner to Enhance Quantum-Safe Protection
• Neutral Sentiment: IonQ published a detailed estimate for using Shor’s algorithm to break 256-bit elliptic-curve signatures, concluding that a system with roughly 20,000 physical qubits could be required. The research supports IonQ’s technical ambitions but also underscores the substantial scale and time needed for commercially relevant fault-tolerant quantum computing. IonQ Publishes World’s First Fully Compiled Blueprint
• Negative Sentiment: A broader warning involving quantum-computing companies highlights continuing uncertainty over commercialization timelines and the risk that substantial investment may not translate into near-term profits. That concern is particularly relevant to IonQ, which remains unprofitable and trades at a growth-sensitive valuation. Three Quantum Computing Stocks Have Issued a Warning

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.