SEB Asset Management AB Makes New Investment in IonQ, Inc. $IONQ

SEB Asset Management AB acquired a new stake in IonQ, Inc. (NYSE:IONQ) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 60,608 shares of the company’s stock, valued at approximately $1,747,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in 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 purchasing an additional 5,420,037 shares in the last quarter. Norges Bank acquired a new stake in shares of IonQ in the fourth quarter valued at approximately $199,753,000. Marex Group plc lifted its position in IonQ by 419.1% during the fourth quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock worth $183,225,000 after buying an additional 3,296,866 shares in the last quarter. State Street Corp lifted its position in IonQ by 42.3% during the fourth quarter. State Street Corp now owns 8,962,789 shares of the company’s stock worth $402,160,000 after buying an additional 2,663,230 shares in the last quarter. Finally, Clear Street Group Inc. boosted its stake in IonQ by 219.6% during the fourth quarter. Clear Street Group Inc. now owns 3,195,818 shares of the company’s stock worth $143,396,000 after buying an additional 2,196,017 shares during the last quarter. Hedge funds and other institutional investors own 41.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wedbush reiterated an “outperform” rating and set a $60.00 price target on shares of IonQ in a report on Monday, May 4th. Northland Securities lifted their target price on shares of IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, June 22nd. Morgan Stanley set a $48.50 price target on shares of IonQ in a research note on Thursday, May 7th. Weiss Ratings raised shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. upped their price objective on IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, IonQ currently has an average rating of “Moderate Buy” and an average target price of $69.88.

IonQ News Summary

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?

Insider Activity at IonQ

In related news, Director Kathryn K. Chou sold 2,757 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 62,608 shares in the company, valued at $3,444,692.16. This represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert T. Cardillo sold 3,773 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $49.90, for a total transaction of $188,272.70. Following the completion of the sale, the insider directly owned 139,967 shares of the company’s stock, valued at $6,984,353.30. The trade was a 2.62% decrease in their ownership of the stock. 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 quarter. 0.55% of the stock is owned by insiders.

IonQ Price Performance

IONQ opened at $34.12 on Friday. The business has a fifty day moving average price of $52.93 and a 200 day moving average price of $44.23. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64. The stock has a market capitalization of $12.73 billion, a price-to-earnings ratio of -121.84 and a beta of 3.23.

IonQ (NYSE:IONQ) last posted 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). The firm had revenue of $64.67 million for the quarter, compared to analyst estimates of $49.75 million. IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The company’s revenue was up 754.7% on a year-over-year basis. During the same quarter last year, the firm earned ($0.14) EPS. On average, research analysts anticipate that IonQ, Inc. will post -2.26 earnings per share for the current year.

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.