Resona Asset Management Co. Ltd. bought a new position in IonQ, Inc. (NYSE:IONQ – Free Report) in the 4th quarter, Holdings Channel reports. The firm bought 87,015 shares of the company’s stock, valued at approximately $3,909,000.
Several other hedge funds have also made changes to their positions in IONQ. Vanguard Group Inc. lifted its holdings in shares of IonQ by 18.5% in the 4th quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock worth $1,560,343,000 after buying an additional 5,420,037 shares during the period. Lansdowne Partners UK LLP lifted its holdings in shares of IonQ by 286.1% in the 3rd quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company’s stock worth $119,127,000 after buying an additional 1,435,394 shares during the period. State Street Corp lifted its holdings in shares of IonQ by 19.9% in the 3rd quarter. State Street Corp now owns 6,299,559 shares of the company’s stock worth $387,423,000 after buying an additional 1,043,878 shares during the period. Clear Street Group Inc. purchased a new stake in shares of IonQ in the 3rd quarter worth $61,488,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of IonQ by 262.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 576,391 shares of the company’s stock worth $24,768,000 after buying an additional 930,490 shares during the period. 41.42% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting IonQ
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: The Trump administration said it will invest more than $2 billion in quantum computing companies and take stakes in nine firms, boosting optimism that IonQ could be among the next beneficiaries of federal support. Which company will the U.S. government take a stake in next? Here’s what traders think
- Positive Sentiment: IonQ’s quantum peers surged after the announcement, and IonQ joined the broader rally as traders rotated into the sector on expectations of government backing and a stronger long-term industry outlook. IonQ stock spikes on massive quantum announcement
- Positive Sentiment: IonQ also benefited from recent company updates, including a newly opened research lab, shareholder approval for a key acquisition, and momentum from its record first-quarter results and raised 2026 revenue outlook. Why Is IonQ (IONQ) Stock Rocketing Higher Today
- Neutral Sentiment: Retail sentiment remains strong, with a Stocktwits poll showing most users bullish on IonQ, reinforcing momentum but not changing fundamentals by itself. RGTI Vs QBTS Vs INFQ Vs IONQ: Which Quantum Computing Stock Is Retail Most Bullish On?
- Negative Sentiment: Despite the rally, one report noted IonQ fell after announcing a higher 2026 outlook and the SkyWater acquisition, suggesting some investors may be worried about execution, dilution, or integration risk. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition
Insider Activity at IonQ
Wall Street Analyst Weigh In
IONQ has been the subject of several research reports. Benchmark lowered their target price on IonQ from $75.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Wedbush reiterated an “outperform” rating and issued a $60.00 target price on shares of IonQ in a report on Monday, May 4th. Cantor Fitzgerald reissued an “overweight” rating on shares of IonQ in a research report on Monday, February 9th. DA Davidson reduced their price target on IonQ from $55.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Finally, Wall Street Zen raised IonQ from a “strong sell” rating to a “sell” rating in a research report on Saturday. Ten analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, IonQ has a consensus rating of “Moderate Buy” and an average price target of $68.63.
Get Our Latest Analysis on IONQ
IonQ Trading Up 7.9%
IONQ opened at $63.54 on Friday. The firm has a market cap of $23.72 billion, a price-to-earnings ratio of -226.93 and a beta of 3.05. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64. The stock has a fifty day moving average price of $40.37 and a 200-day moving average price of $43.28.
IonQ (NYSE:IONQ – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($0.34) 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 company had revenue of $64.67 million during the quarter, compared to the consensus estimate of $49.75 million. During the same period in the previous year, the firm posted ($0.14) earnings per share. The company’s revenue was up 754.7% on a year-over-year basis. On average, equities research analysts forecast that IonQ, Inc. will post -2.26 EPS for the current year.
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.
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