First Trust Advisors LP Sells 94,519 Shares of IonQ, Inc. $IONQ

First Trust Advisors LP decreased its position in shares of IonQ, Inc. (NYSE:IONQ) by 60.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,351 shares of the company’s stock after selling 94,519 shares during the quarter. First Trust Advisors LP’s holdings in IonQ were worth $1,769,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IONQ. Bogart Wealth LLC raised its position in shares of IonQ by 24.4% during the first quarter. Bogart Wealth LLC now owns 1,273 shares of the company’s stock worth $37,000 after acquiring an additional 250 shares during the last quarter. Beaird Harris Wealth Management LLC boosted its holdings in IonQ by 117.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after acquiring an additional 270 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in IonQ by 50.5% in the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock valued at $36,000 after acquiring an additional 279 shares during the last quarter. ABN Amro Investment Solutions increased its position in IonQ by 2.5% in the first quarter. ABN Amro Investment Solutions now owns 12,314 shares of the company’s stock worth $355,000 after purchasing an additional 295 shares during the period. Finally, Letson Investment Management Inc. increased its position in IonQ by 2.6% in the fourth quarter. Letson Investment Management Inc. now owns 12,619 shares of the company’s stock worth $566,000 after purchasing an additional 319 shares during the period. 41.42% of the stock is currently owned by institutional investors.

Insider Activity at IonQ

In related news, Director Kathryn K. Chou sold 2,757 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.02, for a total value of $151,690.14. Following the sale, the director directly owned 62,608 shares in the company, valued at $3,444,692.16. This trade represents a 4.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John W. Raymond sold 3,815 shares of IonQ stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $209,863.15. Following the transaction, the insider directly owned 80,148 shares in the company, valued at $4,408,941.48. The trade was a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,329 shares of company stock worth $513,216 in the last ninety days. Company insiders own 0.55% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on IONQ shares. Wedbush started coverage on IonQ in a report on Monday, August 3rd. They set an “outperform” rating and a $75.00 price objective for the company. Jefferies Financial Group set a $75.00 price target on shares of IonQ in a research report on Thursday. Morgan Stanley set a $49.00 price target on shares of IonQ in a research note on Thursday. Rosenblatt Securities restated a “buy” rating and issued a $100.00 price objective on shares of IonQ in a report on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on shares of IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.92.

IonQ Trading Up 12.0%

NYSE IONQ opened at $44.48 on Friday. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64. The stock has a 50-day simple moving average of $47.97 and a 200 day simple moving average of $43.32. The company has a market capitalization of $16.60 billion, a PE ratio of -9.55 and a beta of 3.28.

IonQ (NYSE:IONQ) last issued its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.23. The firm had revenue of $80.05 million for the quarter, compared to analysts’ expectations of $66.47 million. IonQ had a negative return on equity of 21.75% and a negative net margin of 553.27%.The company’s revenue was up 286.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.70) earnings per share. As a group, sell-side analysts predict that IonQ, Inc. will post -2.26 earnings per share for the current fiscal year.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Record quarterly results and raised outlook: IonQ reported second-quarter revenue of approximately $80.1 million, up 287% year over year and above expectations. The company also raised its 2026 revenue outlook to $280 million–$290 million, reinforcing the view that demand is accelerating. IONQ Q2 Earnings Miss Estimates, Revenues Beat, Stock Rises
• Positive Sentiment: Defense business is expanding: DARPA awarded IonQ a $28 million contract extension, with a potential additional $30 million option, to produce 125 next-generation optical atomic clocks. Separately, IonQ’s Capella space division won an NRO contract for commercial synthetic-aperture-radar data supporting national-security missions. These awards add revenue visibility and strengthen IonQ’s government customer base. DARPA Selects IonQ to Produce Next-Generation Atomic Clocks
• Positive Sentiment: Strategic growth initiatives gained attention: The $1.8 billion SkyWater Technology acquisition is supporting IonQ’s vertically integrated quantum roadmap, including a planned 256-qubit system. Reported remaining performance obligations reached $485 million, while new grid, networking and cybersecurity projects broaden the company’s commercial opportunity. IonQ Sparks a Quantum Grid Revolution
• Positive Sentiment: Analyst sentiment remains bullish: Benchmark, Needham, Cantor Fitzgerald and Rosenblatt reaffirmed positive ratings, with price targets ranging from $60 to $100, helping support the rebound in speculative quantum stocks.
• Neutral Sentiment: IonQ remains a high-volatility, unprofitable growth stock. Analysts see substantial long-term upside if quantum adoption reaches commercial milestones, but the shares are still well below their 52-week high and the company continues to post significant losses. What Sent IonQ Shares Surging and Whether the Momentum Can Last
• Negative Sentiment: IonQ filed a prospectus supplement related to a secondary share resale, which could increase the available share supply and create dilution or selling-pressure concerns. Investors are also still mindful of the stock’s 31.6% July decline and the risk that enthusiasm may fade if quantum commercialization takes longer than expected. IonQ Files Prospectus Supplement for Secondary Share Resale

IonQ 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.