IonQ’s (IONQ) “Overweight” Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reiterated their overweight rating on shares of IonQ (NYSE:IONQ) in a report published on Wednesday, Marketbeat reports. They currently have a $70.00 price target on the stock.

A number of other brokerages have also commented on IONQ. Mizuho dropped their price target on IonQ from $61.00 to $52.00 and set an “outperform” rating for the company in a research note on Wednesday. Wedbush assumed coverage on IonQ in a research note on Monday, August 3rd. They issued an “outperform” rating and a $75.00 price objective on the stock. Benchmark reaffirmed a “buy” rating and set a $60.00 price objective on shares of IonQ in a report on Thursday, August 6th. Needham & Company LLC reiterated a “buy” rating and set a $65.00 target price on shares of IonQ in a research report on Wednesday. Finally, Wall Street Zen downgraded IonQ from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and a consensus target price of $67.17.

IonQ Stock Down 0.2%

Shares of IONQ stock opened at $36.77 on Wednesday. The company’s fifty day simple moving average is $39.92 and its two-hundred day simple moving average is $43.70. IonQ has a 52 week low of $25.89 and a 52 week high of $84.64. The stock has a market cap of $14.01 billion, a P/E ratio of -7.89 and a beta of 3.30.

IonQ (NYSE:IONQ) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $80.05 million during the quarter, compared to analyst estimates of $66.47 million. During the same quarter last year, the business posted ($0.70) earnings per share. The business’s quarterly revenue was up 286.7% compared to the same quarter last year. On average, analysts anticipate that IonQ will post -2.86 EPS for the current fiscal year.

Insider Transactions at IonQ

In related news, Director Gabrielle B. Toledano sold 2,757 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $151,662.57. Following the sale, the director directly owned 11,154 shares of the company’s stock, valued at $613,581.54. This represents a 19.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kathryn K. Chou sold 2,757 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 11,736 shares of company stock worth $602,780. 0.55% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. California State Teachers Retirement System lifted its stake in shares of IonQ by 5,901.1% during the 2nd quarter. California State Teachers Retirement System now owns 28,318,821 shares of the company’s stock worth $1,508,260,000 after acquiring an additional 27,846,924 shares during the last quarter. BlackRock Inc. bought a new position in IonQ in the 2nd quarter valued at $1,112,945,000. State Street Corp grew its position in IonQ by 42.3% in the 4th quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after acquiring an additional 2,663,230 shares during the last quarter. Geode Capital Management LLC grew its position in IonQ by 21.9% in the 4th quarter. Geode Capital Management LLC now owns 8,074,301 shares of the company’s stock valued at $361,624,000 after acquiring an additional 1,452,463 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in IonQ in the second quarter worth $344,757,000. Institutional investors own 41.42% of the company’s stock.

Key Stories Impacting IonQ

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

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.