IonQ, Inc. (NYSE:IONQ) Stock Has Consensus Target Price of $60.23 According to Brokerages

Shares of IonQ, Inc. (NYSE:IONQ) have received an average rating of “Moderate Buy” from the fifteen analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $60.23.

Several equities analysts have recently commented on the company. B. Riley Financial reduced their price objective on IonQ from $100.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, November 2nd. Jefferies Financial Group dropped their target price on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Friday. Needham & Company LLC dropped their target price on IonQ from $65.00 to $48.00 and set a “buy” rating for the company in a research report on Friday. Benchmark reaffirmed a “buy” rating and issued a $60.00 target price on shares of IonQ in a research note on Thursday, August 6th. Finally, Mizuho reduced their price target on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th.

IonQ Stock Performance

Shares of NYSE:IONQ opened at $32.12 on Monday. The firm has a market capitalization of $13.79 billion, a PE ratio of 118.98 and a beta of 3.32. IonQ has a 52-week low of $24.92 and a 52-week high of $73.65. The firm has a fifty day moving average of $36.91 and a 200 day moving average of $41.58.

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

IonQ News Summary

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

Insider Buying and Selling at IonQ

In other news, insider John Raymond sold 2,407 shares of the business’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 completion of the sale, 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 hyperlink. Insiders own 0.55% of the company’s stock.

Hedge Funds Weigh In On IonQ

Several institutional investors and hedge funds have recently made changes to their positions in IONQ. Moors & Cabot Inc. lifted its stake in IonQ by 4.2% in the third 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 last quarter. Allworth Financial LP boosted its position in IonQ by 20.9% during the third 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 during the period. Private Advisory Group LLC bought a new position in shares of IonQ during the third quarter valued at about $672,000. Pier 88 Investment Partners LLC grew its stake 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 position in shares of IonQ during the third quarter valued at about $385,000. Institutional investors own 41.42% of the company’s stock.

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.