IonQ (NYSE:IONQ) Stock Price Down 3.4% – Here’s What Happened

IonQ, Inc. (NYSE:IONQ)’s share price fell 3.4% on Monday . The company traded as low as $30.17 and last traded at $30.81. 13,855,419 shares were traded during trading, a decline of 31% from the average session volume of 20,165,160 shares. The stock had previously closed at $31.90.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Won a place on the Missile Defense Agency SHIELD IDIQ (ceiling $151B), giving IonQ formal access to a large federal procurement vehicle and a potential channel for national-security quantum work that could drive multi-year revenue and contract follow-ons. IonQ Selected to Support Missile Defense Agency SHIELD IDIQ Contract
• Positive Sentiment: Analyst commentary highlights large upside: a Zacks roundup flags IonQ among quantum names with >100% average price-target upside for March 2026, reinforcing bullish analyst scenarios and upside expectations. Quantum Outlook for March 2026: 3 Stocks With Over 100% Price Target
• Positive Sentiment: Zacks also points to rising national-security-led demand as a near-term catalyst for IonQ, making 2026 revenue the clearest short-term performance yardstick; defense interest supports durable commercial demand assumptions. National Security Quantum Demand Could Reshape IonQ Outlook
• Neutral Sentiment: Street expectations into upcoming earnings are modest, which some analysts (Wedbush) say leaves room for upside if management delivers product or contract updates — this raises event-driven volatility around results. IonQ Seen With Low Expectations Into Earnings; Upside on Positive Updates, Wedbush Says
• Neutral Sentiment: Retail/investor-education pieces highlight IonQ’s technical progress and long-term upside scenarios, which can support speculative retail interest but are unlikely to change fundamentals in the near term. Could Investing $10,000 in IonQ Make You a Millionaire?
• Neutral Sentiment: Another Motley Fool piece reiterates IonQ’s credible hardware progress and cloud distribution — supportive for long-horizon investors but not an immediate catalyst. 2 Quantum Computing Stocks That Could Make a Millionaire
• Negative Sentiment: A Seeking Alpha preview keeps a sell rating on IonQ due to high valuation despite praising management’s M&A (SkyWater, Oxford Ionics) and operational execution; valuation concerns may cap near-term upside and spur profit-taking. IonQ: The Management Is Doing A Good Job
• Negative Sentiment: Short-term price pressure across the quantum group: a report notes IonQ and peers fell more than 5% last week, reflecting sector-wide profit-taking and risk-off flows that can weigh on IONQ shares even if company-specific news is positive. IonQ & D-Wave Fall More than 5% Last Week While Rigetti Leads Quantum Stocks

Wall Street Analysts Forecast Growth

IONQ has been the subject of a number of recent research reports. Zacks Research raised IonQ from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Needham & Company LLC reissued a “buy” rating and issued a $80.00 price target on shares of IonQ in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of IonQ in a report on Thursday, January 22nd. JPMorgan Chase & Co. assumed coverage on shares of IonQ in a report on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price target on the stock. Finally, Mizuho assumed coverage on shares of IonQ in a research report on Thursday, December 11th. They set an “outperform” rating and a $90.00 price target for the company. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, IonQ presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.82.

IonQ Price Performance

The business has a 50-day simple moving average of $43.81 and a 200-day simple moving average of $50.65. The firm has a market capitalization of $10.70 billion, a PE ratio of -5.76 and a beta of 2.63.

Insider Activity

In other IonQ news, Director Kathryn K. Chou sold 5,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director directly owned 60,839 shares of the company’s stock, valued at $3,346,145. The trade was a 7.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 5.20% of the company’s stock.

Institutional Investors Weigh In On IonQ

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in shares of IonQ by 12.5% in the 1st quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock worth $2,962,000 after buying an additional 14,898 shares during the last quarter. Amundi acquired a new position in shares of IonQ in the first quarter valued at about $630,000. AQR Capital Management LLC raised its position in IonQ by 106.2% during the 1st quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock worth $1,265,000 after buying an additional 29,513 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in IonQ by 24.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company’s stock valued at $9,932,000 after purchasing an additional 87,428 shares during the period. Finally, Focus Partners Wealth lifted its holdings in shares of IonQ by 30.3% in the 1st quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock valued at $1,032,000 after buying an additional 10,881 shares during the period. Institutional investors own 41.42% of the company’s stock.

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.