Oppenheimer & Co. Inc. Sells 29,296 Shares of IonQ, Inc. $IONQ

Oppenheimer & Co. Inc. decreased its position in IonQ, Inc. (NYSE:IONQ) by 34.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 55,417 shares of the company’s stock after selling 29,296 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in IonQ were worth $2,487,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in shares of IonQ by 4.3% in the 3rd quarter. International Assets Investment Management LLC now owns 5,679 shares of the company’s stock worth $349,000 after purchasing an additional 235 shares during the last quarter. Lauer Wealth LLC lifted its position in IonQ by 5.3% during the 4th quarter. Lauer Wealth LLC now owns 5,107 shares of the company’s stock worth $229,000 after buying an additional 255 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its position in IonQ by 117.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after buying an additional 270 shares in the last quarter. CoreCap Advisors LLC lifted its position in IonQ by 8.4% during the 3rd quarter. CoreCap Advisors LLC now owns 3,527 shares of the company’s stock worth $217,000 after buying an additional 274 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in IonQ by 50.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock worth $36,000 after buying an additional 279 shares in the last quarter. Institutional investors own 41.42% of the company’s stock.

Analyst Ratings Changes

IONQ has been the topic of several research reports. DA Davidson reduced their price target on shares of IonQ from $55.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley set a $37.00 price target on shares of IonQ in a research report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of IonQ in a research report on Tuesday, April 21st. Wedbush reiterated an “outperform” rating and set a $60.00 price target on shares of IonQ in a research report on Monday. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $100.00 price target on shares of IonQ in a research report on Thursday, February 26th. Ten investment 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 data from MarketBeat.com, IonQ presently has an average rating of “Moderate Buy” and a consensus target price of $68.25.

IonQ Trading Down 0.9%

Shares of NYSE IONQ opened at $45.80 on Tuesday. The firm has a market capitalization of $16.79 billion, a PE ratio of -18.39 and a beta of 3.05. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64. The firm’s 50-day moving average is $35.35 and its 200-day moving average is $43.95.

Insider Activity

In other IonQ news, Director William J. Teuber, Jr. bought 3,000 shares of IonQ stock in a transaction dated Friday, February 27th. The shares were bought at an average price of $38.38 per share, with a total value of $115,140.00. Following the purchase, the director owned 9,413 shares of the company’s stock, valued at $361,270.94. This trade represents a 46.78% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Robert T. Cardillo sold 5,165 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the completion of the transaction, the insider directly owned 112,291 shares in the company, valued at $4,428,757.04. This trade represents a 4.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,581 shares of company stock valued at $316,156. 5.20% of the stock is currently owned by insiders.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Morgan Stanley raised its price target to $47 (from $37) while maintaining an Equal Weight rating — a modest analyst upgrade that supports near?term valuation. Morgan Stanley Lifts IonQ Price Target to $47: Is the Quantum Computing Stock Finally Ready to Deliver?
• Positive Sentiment: Wedbush reaffirmed an Outperform rating and set a $60 price target, signaling stronger bullish conviction from a major tech-focused analyst. Wedbush Reaffirms Outperform, $60 Price Target (Benzinga)
• Positive Sentiment: IonQ commercially launched an InSAR (Interferometric Synthetic Aperture Radar) capability for millimeter?scale ground deformation monitoring — a new space?missions product that could open recurring data and services revenue streams. IonQ Launches Commercial InSAR Capability, Enabling Automated, Millimeter-Scale Earth Monitoring
• Positive Sentiment: IonQ will offer ground?movement monitoring via Capella radar satellites, reinforcing the company’s commercial space services strategy and potential partner-driven customer access. IonQ to offer ground-movement monitoring via Capella radar satellites
• Positive Sentiment: Some analysts and commentary suggest large upside (reports cite ~80% potential) into earnings, which can amplify momentum if Q1 results or guidance beat expectations. Analysts see 80% upside in this quantum stock pre-earnings
• Neutral Sentiment: Wedbush notes Q1 could get political tailwinds (“both ways of the Beltway”) from government funding or policy — a potentially meaningful but uncertain revenue driver. IonQ’s Q1 results could feature tailwinds from ‘both ways of the Beltway,’ Wedbush says
• Negative Sentiment: Coverage notes that competition (e.g., D?Wave) and execution risks remain — a reminder that optimism can reverse quickly if Q1 misses or guidance is weak. IonQ and D-Wave rebound, but risks and rivalry remain

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.