IonQ’s (IONQ) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of IonQ (NYSE:IONQ) in a research note published on Wednesday morning,Benzinga reports. The firm currently has a $65.00 price objective on the stock.

IONQ has been the topic of several other reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $70.00 price objective on shares of IonQ in a research report on Thursday, August 6th. Weiss Ratings lowered IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. Jefferies Financial Group set a $75.00 target price on IonQ in a research report on Thursday, August 6th. Morgan Stanley set a $49.00 target price on IonQ in a research note on Thursday, August 6th. Finally, Rosenblatt Securities restated a “buy” rating and set a $100.00 price target on shares of IonQ in a research report on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, IonQ has an average rating of “Moderate Buy” and an average price target of $67.17.

IonQ Trading Down 0.2%

NYSE:IONQ opened at $36.77 on Wednesday. The company has a 50-day moving average price of $39.92 and a 200-day moving average price of $43.70. IonQ has a 12 month low of $25.89 and a 12 month high of $84.64. The stock has a market cap of $14.01 billion, a price-to-earnings ratio of -7.89 and a beta of 3.30.

IonQ (NYSE:IONQ) last announced its earnings results 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 net margin of 553.27% and a negative return on equity of 22.29%. The firm had revenue of $80.05 million for the quarter, compared to analyst estimates of $66.47 million. During the same quarter in the previous year, the firm posted ($0.70) EPS. The company’s revenue for the quarter was up 286.7% compared to the same quarter last year. Equities analysts forecast that IonQ will post -2.86 EPS for the current fiscal year.

Insider Buying and Selling

In other IonQ news, insider John Raymond sold 2,407 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $37.21, for a total value of $89,564.47. Following the sale, the insider owned 77,741 shares in the company, valued at approximately $2,892,742.61. This represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gabrielle Toledano sold 2,757 shares of the company’s stock in a transaction dated 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 sale, the director owned 11,154 shares in the company, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 11,736 shares of company stock valued at $602,780 over the last quarter. Corporate insiders own 0.55% of the company’s stock.

Institutional Trading of IonQ

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bogart Wealth LLC raised its stake in IonQ by 24.4% during the first quarter. Bogart Wealth LLC now owns 1,273 shares of the company’s stock valued at $37,000 after buying an additional 250 shares during the last quarter. Beaird Harris Wealth Management LLC boosted its stake in IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock worth $31,000 after purchasing an additional 270 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in IonQ by 50.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company’s stock worth $36,000 after purchasing an additional 279 shares in the last quarter. ABN Amro Investment Solutions grew its position in IonQ by 2.5% during the 1st quarter. ABN Amro Investment Solutions now owns 12,314 shares of the company’s stock valued at $355,000 after purchasing an additional 295 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in IonQ by 26.1% during the 2nd quarter. Versant Capital Management Inc now owns 1,491 shares of the company’s stock valued at $79,000 after purchasing an additional 309 shares in the last quarter. Hedge funds and other institutional investors 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

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.