Korea Investment CORP Makes New $7.05 Million Investment in IonQ, Inc. $IONQ

Korea Investment CORP purchased a new position in shares of IonQ, Inc. (NYSE:IONQ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 132,395 shares of the company’s stock, valued at approximately $7,051,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IONQ. Beaird Harris Wealth Management LLC increased its holdings in shares of IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after purchasing an additional 270 shares during the period. Accent Capital Management LLC boosted its stake in shares of IonQ by 171.8% in the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock valued at $26,000 after buying an additional 371 shares during the period. Kelleher Financial Advisors acquired a new stake in IonQ during the third quarter worth approximately $36,000. Banque Transatlantique SA acquired a new stake in IonQ during the third quarter worth approximately $43,000. Finally, N.E.W. Advisory Services LLC bought a new position in IonQ during the 2nd quarter worth $42,000. Institutional investors and hedge funds own 41.42% of the company’s stock.

IonQ Price Performance

NYSE:IONQ opened at $41.08 on Tuesday. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64. The company has a market cap of $15.65 billion, a PE ratio of -8.81 and a beta of 3.28. The firm’s 50 day simple moving average is $43.96 and its 200 day simple moving average is $43.22.

IonQ (NYSE:IONQ) last announced its earnings results on Wednesday, August 5th. The company reported ($0.33) EPS for the quarter, topping 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 firm had revenue of $80.05 million for the quarter, compared to the consensus estimate of $66.47 million. During the same period in the previous year, the business earned ($0.70) EPS. The business’s quarterly revenue was up 286.7% compared to the same quarter last year. Equities research analysts expect that IonQ, Inc. will post -2.86 EPS for the current year.

Analyst Ratings Changes

IONQ has been the subject of several recent analyst reports. Northland Securities upped their price objective on shares of IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, June 22nd. Benchmark restated a “buy” rating and issued a $60.00 target price on shares of IonQ in a research report on Thursday, August 6th. Jefferies Financial Group set a $75.00 price target on shares of IonQ in a report on Thursday, August 6th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 price target on shares of IonQ in a research report on Thursday, August 6th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $65.00 price objective on shares of IonQ in a research note on Thursday, August 6th. Nine 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 data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and a consensus price target of $69.92.

Insider Activity

In other IonQ news, Director Kathryn K. Chou sold 2,757 shares of IonQ 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 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider John W. Raymond sold 3,815 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the completion of the sale, the insider directly owned 80,148 shares of the company’s stock, valued at $4,408,941.48. The trade was a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,329 shares of company stock worth $513,216 in the last quarter. 0.55% of the stock is owned by corporate insiders.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ subsidiary Skyloom Global reported that its optical communications terminals have reached 84 on-orbit installations aboard satellites supporting the U.S. Space Development Agency’s Proliferated Warfighter Space Architecture. The deployment strengthens IonQ’s expansion beyond quantum computing into space-based, secure communications and may provide an additional long-term revenue opportunity. IonQ’s Skyloom Optical Communications Terminals Reach 84 On-Orbit Installations Following Latest Launch
• Positive Sentiment: Coverage also highlighted IonQ’s progress in satellite optical communications and expanded quantum access in Canada. These developments support the company’s commercialization narrative and diversify its potential applications beyond research-focused quantum computing. IonQ Puts 84 Space Terminals In Orbit And Expands Canada Quantum Access
• Neutral Sentiment: Comparative analyses noted IonQ’s revenue growth of more than 200% and stronger commercialization progress versus some peers. However, Quantum Computing Inc. was viewed favorably on smaller absolute losses, while QUBT received attention for strategic expansion and substantial implied analyst price-target upside. These comparisons may limit enthusiasm for IonQ despite its stronger growth profile. IonQ vs. Quantum Computing Inc.: Which Quantum Computing Stock Is a Better Buy in 2026? IONQ vs. QUBT: Which Quantum Computing Stock Led in Q2 Earnings?
• Negative Sentiment: Investors are questioning whether IonQ’s valuation is justified after a roughly 349.5% five-year return. Commentary cited expensive book-value metrics and the need for durable cash-flow growth, increasing sensitivity to execution and volatility. IonQ Stock May Be Rich On Book Value Yet Strong On Returns
• Negative Sentiment: Quantum stocks broadly unwound an earlier revenue-driven rally, with IonQ among the sector’s decliners as investors demanded clearer evidence of commercial-scale adoption. Reports also flagged insider activity and an estimated $863 million of selling across several quantum companies, adding to sentiment pressure. Quantum Stocks Unwind a Revenue-Headline Rally Insiders at IonQ, Rigetti, and D-Wave Have Put Wall Street on Notice

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.