National Pension Service acquired a new stake in IonQ, Inc. (NYSE:IONQ – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 73,376 shares of the company’s stock, valued at approximately $3,908,000.
Several other hedge funds have also recently added to or reduced their stakes in IONQ. Swedbank AB bought a new stake in IonQ in the fourth quarter valued at approximately $2,708,000. Jefferies Financial Group Inc. bought a new position in shares of IonQ during the fourth quarter worth $3,271,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings 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 buying an additional 61,656 shares during the period. ProShare Advisors LLC grew its holdings in shares of IonQ by 30.3% in the 4th quarter. ProShare Advisors LLC now owns 62,184 shares of the company’s stock valued at $2,790,000 after buying an additional 14,465 shares during the period. Finally, Simplicity Wealth LLC bought a new stake in shares of IonQ in the 2nd quarter valued at $981,000. Institutional investors and hedge funds own 41.42% of the company’s stock.
Key IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million, with the increase supported partly by its SkyWater acquisition. Higher guidance strengthens the company’s growth narrative, although acquisition-related contributions may limit the organic-growth benefit. IonQ Raises 2026 Revenue Guidance
- Positive Sentiment: IonQ unveiled Superion 256, a 256-qubit quantum processing unit, along with plans for faster chip development and data-center deployment targeted for 2027. The announcement may support expectations for commercial adoption and technological leadership. IonQ Advances Quantum Computing With Superion 256
- Positive Sentiment: Rosenblatt Securities and Needham reiterated Buy ratings, while Cantor Fitzgerald reaffirmed an Overweight rating, indicating that several analysts remain constructive on IonQ’s long-term opportunity. Rosenblatt Reiterates Buy Rating
- Neutral Sentiment: Investor-focused coverage highlighted IonQ’s position in quantum-computing accuracy and its potential to benefit from cybersecurity demand. These articles are largely opinion-based rather than new financial disclosures. If I Could Only Buy One Quantum Computing Stock
- Negative Sentiment: Mizuho analyst Vijay Rakesh cut his price target to $52 from $61 after IonQ’s Analyst Day, despite maintaining a Buy rating. The reduction suggests the updated outlook did not fully satisfy expectations. Why IonQ Stock Is Down
- Negative Sentiment: Critical coverage questioned whether IonQ’s long-term quantum opportunity is sufficiently supported by near-term financial results. IonQ remains unprofitable, and its elevated valuation makes the stock particularly sensitive to execution concerns and changing investor expectations. Why IonQ’s Quantum Story Still Isn’t Convincing
Insider Activity
IonQ Stock Performance
Shares of NYSE IONQ opened at $36.77 on Monday. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64. The stock has a market capitalization of $14.01 billion, a P/E ratio of -7.89 and a beta of 3.30. The stock’s fifty day moving average is $39.92 and its 200 day moving average is $43.80.
IonQ (NYSE:IONQ – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.23. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The company had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. During the same quarter last year, the company posted ($0.70) EPS. The company’s revenue for the quarter was up 286.7% compared to the same quarter last year. Equities research analysts forecast that IonQ, Inc. will post -2.86 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. Weiss Ratings lowered IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a report on Friday, August 21st. Rosenblatt Securities restated a “buy” rating and set a $100.00 target price on shares of IonQ in a report on Wednesday, September 9th. Wedbush initiated coverage on shares of IonQ in a research note on Monday, August 3rd. They issued an “outperform” rating and a $75.00 price target on the stock. Wall Street Zen cut shares of IonQ from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Finally, B Riley reissued a “buy” rating on shares of IonQ in a research report on Wednesday. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.17.
Get Our Latest Stock Analysis on IONQ
IonQ Company Profile
IonQ, Inc is a quantum computing company that develops and commercializes quantum computers based on trapped-ion technology. Its systems are designed to perform specialized computations that may be difficult for classical computers, with potential applications in areas such as optimization, materials science, drug discovery, artificial intelligence and financial modeling.
The company provides access to its quantum processors through cloud platforms, including Amazon Web Services’ Amazon Braket, Microsoft Azure Quantum and Google Cloud.
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