Sanctuary Advisors LLC acquired a new stake in shares of IonQ, Inc. (NYSE:IONQ – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 44,941 shares of the company’s stock, valued at approximately $2,394,000.
A number of other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada grew its holdings in IonQ by 12.5% during the first quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock valued at $2,962,000 after purchasing an additional 14,898 shares during the last quarter. Amundi acquired a new stake in shares of IonQ in the first quarter worth $630,000. AQR Capital Management LLC boosted its holdings in shares of IonQ by 106.2% during the 1st quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock worth $1,265,000 after buying an additional 29,513 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of IonQ by 24.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company’s stock worth $9,932,000 after buying an additional 87,428 shares during the period. Finally, Focus Partners Wealth boosted its holdings in shares of IonQ by 30.3% during the 1st quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock worth $1,032,000 after buying an additional 10,881 shares during the period. 41.42% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on IONQ shares. Morgan Stanley set a $49.00 price target on IonQ in a research report on Thursday, August 6th. Benchmark reissued a “buy” rating and set a $60.00 price objective on shares of IonQ in a research report on Thursday, August 6th. Weiss Ratings downgraded IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Friday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 target price on shares of IonQ in a report on Thursday, August 6th. Finally, Jefferies Financial Group set a $75.00 price target on IonQ in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $69.92.
More IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: The Federal Trade Commission ended its review of IonQ’s proposed acquisition of SkyWater Technology, removing a regulatory overhang. The decision may improve confidence that the transaction can proceed, while highlighting the strategic importance of domestic semiconductor and quantum-computing inputs. FTC Drops IonQ / SkyWater Merger Review
- Positive Sentiment: IonQ appointed technology-finance expert Dr. Eric Ball and former SkyWater chairman and Samsung North America CEO Timothy Baxter to its board. Their experience could support the SkyWater integration, capital allocation and the company’s expansion into semiconductor and infrastructure markets. IonQ Appoints Dr. Eric Ball and Timothy Baxter to Board
- Positive Sentiment: IonQ’s Skyloom subsidiary reported that its optical-communications network reached 84 on-orbit terminals after additional deployments supporting satellites associated with the U.S. Space Development Agency. The milestone reinforces IonQ’s diversification into secure space communications and defense technology. IonQ’s Skyloom Optical Communications Terminals Reach 84 On-Orbit Installations
- Positive Sentiment: Recent coverage emphasized IonQ’s rapid revenue growth, merchant-supplier strategy and broader photonics, networking and semiconductor capabilities. Its latest reported quarter showed revenue up 286.7% year over year to $80.1 million, exceeding estimates, which supports the investment case that IonQ is becoming more than a quantum-computer developer. How IonQ Is Growing Its Merchant Supplier Role in Quantum Space
- Neutral Sentiment: Strong performance by the Defiance Quantum ETF and continued investor interest in quantum stocks may provide favorable sector-wide momentum for IONQ, although ETF flows do not necessarily reflect IonQ-specific fundamentals. That Quantum Fund Is Up 40% in 2026
- Negative Sentiment: Analysts continue to flag valuation and profitability risks. IonQ remains loss-making, with a negative net margin and expectations for a full-year loss, while comparisons with Rigetti, Quantum Computing Inc. and D-Wave highlight the uncertainty surrounding commercialization and long-term cash flow. IonQ Stock May Be Rich On Book Value Yet Strong On Returns
IonQ Stock Up 2.4%
NYSE IONQ opened at $42.06 on Wednesday. The stock has a market cap of $16.03 billion, a P/E ratio of -9.03 and a beta of 3.28. The company’s 50-day simple moving average is $43.68 and its 200 day simple moving average is $43.27. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64.
IonQ (NYSE:IONQ – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.23. The firm had revenue of $80.05 million during the quarter, compared to analyst estimates of $66.47 million. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The business’s revenue for the quarter was up 286.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.70) earnings per share. Research analysts anticipate that IonQ, Inc. will post -2.86 earnings per share for the current year.
Insider Buying and Selling
In other IonQ news, Director Kathryn K. Chou sold 2,757 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 62,608 shares of the company’s stock, valued at approximately $3,444,692.16. The trade was a 4.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Gabrielle B. Toledano sold 2,757 shares of the business’s 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 $151,662.57. Following the completion of the transaction, the director owned 11,154 shares of the company’s stock, valued at $613,581.54. This trade represents a 19.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,329 shares of company stock worth $513,216 in the last 90 days. Corporate insiders own 0.55% of the company’s stock.
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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