IonQ (NYSE:IONQ) Raised to “Sell” at Wall Street Zen

IonQ (NYSE:IONQ) was upgraded by analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other research firms also recently issued reports on IONQ. Morgan Stanley dropped their price objective on shares of IonQ from $49.00 to $43.00 and set an “equal weight” rating on the stock in a report on Thursday, October 15th. Benchmark reiterated a “buy” rating and issued a $60.00 price target on shares of IonQ in a research report on Thursday, August 6th. Jefferies Financial Group dropped their price target on shares of IonQ from $80.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of IonQ in a research report on Tuesday, October 13th. Finally, Cantor Fitzgerald reduced their price objective on IonQ from $70.00 to $60.00 and set an “overweight” rating for the company in a research note on Friday. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, IonQ currently has a consensus rating of “Moderate Buy” and an average target price of $60.23.

IonQ Stock Performance

IONQ stock opened at $32.12 on Friday. IonQ has a fifty-two week low of $24.92 and a fifty-two week high of $73.65. The business’s 50-day moving average is $36.91 and its two-hundred day moving average is $41.58. The company has a market cap of $13.79 billion, a price-to-earnings ratio of 118.98 and a beta of 3.32.

IonQ (NYSE:IONQ) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.06. The business had revenue of $173.83 million during the quarter, compared to the consensus estimate of $141.49 million. IonQ had a return on equity of 0.19% and a net margin of 67.09%. The business’s quarterly revenue was up 336.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($3.58) EPS. Equities analysts predict that IonQ will post -2.96 earnings per share for the current year.

Insider Buying and Selling at IonQ

In related news, insider John Raymond sold 2,407 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $37.21, for a total transaction of $89,564.47. Following the completion of the transaction, the insider directly owned 77,741 shares in the company, valued at approximately $2,892,742.61. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.55% of the stock is currently owned by insiders.

Institutional Investors Weigh In On IonQ

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IONQ. Moors & Cabot Inc. boosted its stake in IonQ by 4.2% in the 3rd quarter. Moors & Cabot Inc. now owns 55,148 shares of the company’s stock worth $2,419,000 after purchasing an additional 2,228 shares during the period. Allworth Financial LP grew its holdings in IonQ by 20.9% during the 3rd quarter. Allworth Financial LP now owns 9,113 shares of the company’s stock valued at $400,000 after buying an additional 1,575 shares in the last quarter. Private Advisory Group LLC purchased a new stake in IonQ during the 3rd quarter valued at approximately $672,000. Pier 88 Investment Partners LLC raised its position in shares of IonQ by 8.5% during the third quarter. Pier 88 Investment Partners LLC now owns 12,700 shares of the company’s stock valued at $557,000 after buying an additional 1,000 shares during the last quarter. Finally, Capstone Wealth Management Group LLC bought a new stake in shares of IonQ during the third quarter valued at approximately $385,000. 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 reported record third-quarter revenue of $173.8 million, up 336% year over year and above analyst expectations. Its loss per share was also narrower than forecast. Why IonQ Stock Is Soaring Today
• Positive Sentiment: The company raised its 2026 revenue guidance to $505 million–$515 million. Its backlog reached $1.2 billion, and Superion 256 capacity is booked through 2027—signs of robust demand and future sales visibility. IonQ: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: IonQ also advanced to Stage C of DARPA’s quantum benchmarking initiative, while its SkyWater acquisition is expected to strengthen manufacturing capabilities. IonQ Q3 2026 Earnings Call Highlights
• Neutral Sentiment: Analysts at Cantor Fitzgerald and Needham lowered their price targets but kept positive ratings, reflecting a more cautious outlook without abandoning the investment case. Cantor Fitzgerald recommendations
• Negative Sentiment: Despite the growth, IonQ remains loss-making. Investors are also weighing cash burn and potential dilution from its planned capital raise and stock-funded $1.15 billion Elisity acquisition, as well as uncertainty over how quickly quantum computing demand will translate into sustainable profits. IonQ Beat and Raised: Can the Quantum Stock Buck the Tech Selloff?
• Negative Sentiment: Zacks added IONQ to its Strong Sell list, a counterpoint to the earnings optimism and a potential source of investor caution. New Strong Sell Stocks for November 6th

IonQ Company Profile

IonQ, Inc develops quantum computers and related technologies using trapped-ion qubits, which store information in individual charged atoms. The company designs quantum computing hardware and software for applications that may benefit from quantum processing, including optimization, chemistry, and machine learning.

IonQ makes its quantum systems available to businesses, government agencies, and researchers through its cloud service and third-party platforms, including Amazon Braket and Microsoft Azure Quantum.