IonQ, Inc. $IONQ Shares Bought by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC increased its stake in shares of IonQ, Inc. (NYSE:IONQ) by 9.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 218,605 shares of the company’s stock after buying an additional 18,605 shares during the period. Zevenbergen Capital Investments LLC owned 0.06% of IonQ worth $9,588,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bogart Wealth LLC lifted its holdings in IonQ by 24.4% during the 1st quarter. Bogart Wealth LLC now owns 1,273 shares of the company’s stock worth $37,000 after purchasing an additional 250 shares during the last quarter. ABN Amro Investment Solutions increased its position in IonQ by 2.5% during the 1st quarter. ABN Amro Investment Solutions now owns 12,314 shares of the company’s stock worth $355,000 after buying an additional 295 shares during the period. Versant Capital Management Inc lifted its holdings in shares of IonQ by 26.1% during the second quarter. Versant Capital Management Inc now owns 1,491 shares of the company’s stock worth $79,000 after buying an additional 309 shares in the last quarter. Root Financial Partners LLC lifted its holdings in shares of IonQ by 22.9% during the first quarter. Root Financial Partners LLC now owns 1,725 shares of the company’s stock worth $50,000 after buying an additional 321 shares in the last quarter. Finally, POM Investment Strategies LLC boosted its position in shares of IonQ by 14.9% in the second quarter. POM Investment Strategies LLC now owns 2,861 shares of the company’s stock valued at $152,000 after acquiring an additional 370 shares during the period. Institutional investors and hedge funds own 41.42% of the company’s stock.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: DARPA milestone: IonQ advanced to Stage C, the final phase of the Defense Advanced Research Projects Agency’s Quantum Benchmarking Initiative. The agreement could be worth up to $300 million and provides important validation for IonQ’s fault-tolerant quantum-computing strategy, although funding beyond the initial obligation depends on future appropriations. IonQ Advances to Final Stage of DARPA’s Quantum Benchmarking Initiative
• Positive Sentiment: Commercial traction: Analysts are highlighting IonQ’s backlog of signed but undelivered orders as a key number to monitor. The backlog suggests customers are moving beyond experimentation and signing contracts for quantum-computing services and systems. The One Number IonQ Stock Investors Should Watch
• Positive Sentiment: IonQ is reporting rapid organic revenue growth, expanding its quantum-computing-as-a-service model, and progressing with new systems and space-related operations. A separate customer win involves delivery of a Superion 256-qubit system to Florida International University, supporting IonQ’s real-world deployment strategy. How IonQ Is Progressing in Quantum Computing and Space Operations
• Neutral Sentiment: Long-term bull cases argue that IonQ could deliver outsized returns if quantum computing achieves broad adoption by 2030. However, that potential depends on substantial future industry growth and successful execution. Here’s What $5,000 Invested in IonQ Stock Could Be Worth by 2030
• Negative Sentiment: Valuation remains a concern. IonQ is unprofitable, and the stock’s sharp decline over the past year despite commercial progress underscores investor skepticism about whether future growth justifies its premium valuation. Articles also warn that the company’s quantum-AI strategy carries significant execution and technology risk. IonQ Could Be 10% Below Fair Value After FIU Quantum Deal

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Benchmark reiterated a “buy” rating and issued a $60.00 price objective on shares of IonQ in a research note on Thursday, August 6th. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of IonQ in a research note on Tuesday, September 22nd. Northland Securities raised their price objective on IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, June 22nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $80.00 price objective on shares of IonQ in a report on Wednesday, September 9th. Finally, Bank of America started coverage on IonQ in a report on Monday, September 28th. They set a “buy” rating and a $60.00 target price on the stock. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.83.

Insider Buying and Selling at IonQ

In other news, insider John Raymond sold 2,407 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $37.21, for a total value of $89,564.47. Following the sale, the insider directly owned 77,741 shares in the company, valued at approximately $2,892,742.61. This trade represents a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.55% of the company’s stock.

IonQ Price Performance

IONQ traded down $1.96 during trading on Thursday, hitting $39.38. 22,894,758 shares of the stock traded hands, compared to its average volume of 24,561,955. The business has a 50 day moving average price of $41.34 and a 200 day moving average price of $44.71. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64. The company has a market cap of $15.00 billion, a price-to-earnings ratio of -8.45 and a beta of 3.36.

IonQ (NYSE:IONQ) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.23. The company had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The company’s revenue for the quarter was up 286.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.70) EPS. On average, equities research analysts predict that IonQ, Inc. will post -2.11 earnings per share for the current year.

IonQ Profile

IonQ, Inc is a quantum computing company that develops and commercializes quantum computers based on trapped-ion technology. Its systems are designed to perform specialized computations that may eventually support applications in areas such as optimization, materials science, drug discovery, financial modeling and artificial intelligence.

The company offers access to its quantum processors through cloud platforms, including Amazon Web Services’ Amazon Braket, Microsoft Azure Quantum and Google Cloud.