Swiss National Bank Buys 57,500 Shares of IonQ, Inc. $IONQ

Swiss National Bank increased its stake in IonQ, Inc. (NYSE:IONQ) by 7.1% during the first quarter, HoldingsChannel reports. The firm owned 866,648 shares of the company’s stock after acquiring an additional 57,500 shares during the period. Swiss National Bank’s holdings in IonQ were worth $24,985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. Swedbank AB acquired a new stake in IonQ during the fourth quarter worth about $2,708,000. Jefferies Financial Group Inc. acquired a new position in shares of IonQ in the 4th quarter valued at about $3,271,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of IonQ by 96.5% in the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 125,556 shares of the company’s stock valued at $3,620,000 after purchasing an additional 61,656 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of IonQ by 30.3% during the 4th quarter. ProShare Advisors LLC now owns 62,184 shares of the company’s stock worth $2,790,000 after purchasing an additional 14,465 shares during the period. Finally, Forsta AP Fonden purchased a new stake in shares of IonQ during the 4th quarter worth about $5,488,000. Hedge funds and other institutional investors own 41.42% of the company’s stock.

Insiders Place Their Bets

In other news, insider Robert T. Cardillo sold 3,773 shares of IonQ stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total transaction of $188,272.70. Following the sale, the insider directly owned 139,967 shares of the company’s stock, valued at approximately $6,984,353.30. The trade was a 2.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathryn K. Chou sold 2,757 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.02, for a total value of $151,690.14. Following the completion of the transaction, the director owned 62,608 shares in the company, valued at approximately $3,444,692.16. This trade represents a 4.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,102 shares of company stock valued at $701,489 over the last ninety days. Insiders own 0.55% of the company’s stock.

IonQ Trading Down 1.6%

Shares of IONQ stock opened at $34.12 on Friday. The company has a market capitalization of $12.73 billion, a PE ratio of -121.84 and a beta of 3.23. The firm has a fifty day simple moving average of $52.93 and a 200-day simple moving average of $44.23. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64.

IonQ (NYSE:IONQ) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.08). IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The firm had revenue of $64.67 million for the quarter, compared to analysts’ expectations of $49.75 million. During the same period last year, the firm earned ($0.14) EPS. The business’s quarterly revenue was up 754.7% on a year-over-year basis. Equities research analysts predict that IonQ, Inc. will post -2.26 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on IONQ. Northland Securities lifted their price target on shares of IonQ from $55.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, June 22nd. Jefferies Financial Group set a $85.00 target price on shares of IonQ in a report on Thursday, May 7th. JPMorgan Chase & Co. upped their price target 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. Weiss Ratings raised IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Wedbush restated an “outperform” rating and set a $60.00 price objective on shares of IonQ in a research note on Monday, May 4th. Ten 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, IonQ has an average rating of “Moderate Buy” and an average target price of $69.88.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ and QuantumBasel reported new research suggesting trapped-ion quantum systems could use less energy than classical GPU-based approaches for AI workloads at around 34 qubits, a development that could support the company’s long-term enterprise and sustainability narrative. IonQ (IONQ) Says Quantum AI Research Cuts Energy Use Beyond 34 Qubits
• Positive Sentiment: Options activity reportedly showed large institutional call buying in IonQ, with some traders betting the stock can rebound after a sharp pullback from prior highs. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (IONQ)
• Neutral Sentiment: Several articles compared IonQ with rivals ahead of Q2 earnings, framing the stock as a way to play quantum computing commercial momentum and execution rather than a clear near-term winner. IONQ or QBTS: Which Quantum Stock Should You Buy Ahead of Q2 Earnings?
• Neutral Sentiment: Analysts and commentators continued to argue that quantum computing remains a high-risk, high-reward area, with IonQ viewed as a speculative name versus alternatives like Nvidia for broader AI exposure. Quantum Computing Stocks Are Falling. Should You Buy IonQ or D-Wave, or Just Stick With Nvidia?
• Negative Sentiment: Bearish coverage highlighted IonQ’s rich valuation, negative margins, low current revenue base, and intensifying competition from larger tech players such as IBM and Intel, reinforcing concerns that the stock may be overextended. The Quantum Bubble Is Real Enough to Take Seriously (IONQ)
• Negative Sentiment: Additional commentary warned that IonQ’s profitability and execution challenges remain major hurdles, with deep losses and long revenue cycles potentially weighing on growth expectations. Can IONQ’s Profitability and Execution Challenges Weigh on Growth?

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.