Wealthfront Advisers LLC Takes Position in IonQ, Inc. $IONQ

Wealthfront Advisers LLC bought a new stake in shares of IonQ, Inc. (NYSE:IONQ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 30,913 shares of the company’s stock, valued at approximately $1,646,000.

Several other hedge funds also recently bought and sold shares of IONQ. Accent Capital Management LLC raised its holdings in IonQ by 171.8% during the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock valued at $26,000 after acquiring an additional 371 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of IonQ by 216.5% in the first quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock worth $28,000 after acquiring an additional 656 shares during the period. PeakShares LLC bought a new position in shares of IonQ in the first quarter worth about $29,000. Beaird Harris Wealth Management LLC raised its stake in IonQ by 117.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Finally, MWA Asset Management bought a new stake in IonQ during the 1st quarter valued at approximately $32,000. Institutional investors own 41.42% of the company’s stock.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ’s second-quarter results exceeded expectations, with revenue of $80.05 million versus the $66.47 million analyst consensus, while revenue increased sharply year over year. The company also raised its full-year 2026 revenue guidance, supporting the growth outlook. IonQ Gains Attention After Q2 Results And New Deals As Valuation Debate Builds
• Positive Sentiment: New collaborations in the United States and Canada could expand access to IonQ’s quantum systems and advance applications in quantum research and communications. How IonQ Could Benefit From Its Latest Quantum Collaborations
• Positive Sentiment: IonQ’s Space division won a radar-imaging contract from the National Reconnaissance Office. The award highlights potential growth beyond core quantum-computing hardware, following the Capella Space and SkyWater acquisitions. IonQ’s Space Contract Points to a New Frontier for Quantum Investors
• Neutral Sentiment: Investors are increasingly differentiating among quantum companies based on revenue growth and financial strength, while also considering diversified quantum-focused ETFs as alternatives to individual stocks. Quantum Stocks Are Starting to Choose Sides
• Negative Sentiment: IonQ is being sold alongside Rigetti and D-Wave in a sector-wide quantum-stock selloff. Reports cite rising Treasury yields, cooling artificial-intelligence sentiment, and rotation away from speculative technology stocks. No fresh company-specific bad news was identified. What’s Behind the Quantum Stock Selloff?
• Negative Sentiment: Despite improving revenue, IonQ remains unprofitable and trades at a rich valuation, leaving the stock particularly sensitive to higher interest rates and shifts in risk appetite.

IonQ Price Performance

Shares of IONQ opened at $41.57 on Friday. The stock has a market capitalization of $15.84 billion, a price-to-earnings ratio of -8.92 and a beta of 3.28. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64. The business’s 50 day simple moving average is $44.62 and its 200-day simple moving average is $43.16.

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

Insider Buying and Selling at IonQ

In other IonQ news, insider John W. Raymond sold 3,815 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 transaction of $209,863.15. Following the completion of the transaction, the insider owned 80,148 shares in the company, valued at $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gabrielle B. Toledano sold 2,757 shares of IonQ stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $151,662.57. Following the completion of the transaction, the director directly owned 11,154 shares of the company’s stock, valued at $613,581.54. The trade was a 19.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,329 shares of company stock worth $513,216 over the last 90 days. 0.55% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on IONQ shares. Cantor Fitzgerald restated an “overweight” rating and issued a $70.00 price target on shares of IonQ in a research note on Thursday, August 6th. Wall Street Zen cut shares of IonQ from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Rosenblatt Securities reissued a “buy” rating and issued a $100.00 target price on shares of IonQ in a report on Thursday, August 6th. JPMorgan Chase & Co. upped their target price on shares of IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Northland Securities raised their target price on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, June 22nd. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, IonQ has an average rating of “Moderate Buy” and a consensus price target of $69.92.

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.