Kornitzer Capital Management Inc. KS Makes New $4.22 Million Investment in IonQ, Inc. $IONQ

Kornitzer Capital Management Inc. KS acquired a new position in shares of IonQ, Inc. (NYSE:IONQ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 68,535 shares of the company’s stock, valued at approximately $4,215,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IONQ. Archer Investment Corp lifted its stake in IonQ by 119.3% during the second quarter. Archer Investment Corp now owns 592 shares of the company’s stock worth $25,000 after purchasing an additional 322 shares during the period. Stone House Investment Management LLC raised its holdings in shares of IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 350 shares in the last quarter. Hilltop National Bank lifted its position in shares of IonQ by 112.5% during the 3rd quarter. Hilltop National Bank now owns 425 shares of the company’s stock worth $26,000 after buying an additional 225 shares during the period. Financial Consulate Inc. acquired a new stake in IonQ in the 3rd quarter valued at $29,000. Finally, 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 valued at $36,000 after buying an additional 279 shares in the last quarter. Institutional investors own 41.42% of the company’s stock.

IonQ Stock Up 5.0%

Shares of NYSE IONQ opened at $45.54 on Wednesday. IonQ, Inc. has a 12-month low of $17.88 and a 12-month high of $84.64. The firm’s 50-day simple moving average is $48.58 and its 200 day simple moving average is $51.48. The company has a market cap of $15.82 billion, a price-to-earnings ratio of -8.51 and a beta of 2.63.

IonQ (NYSE:IONQ) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($3.58) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($3.14). IonQ had a negative net margin of 1,836.32% and a negative return on equity of 127.06%. The company had revenue of $39.87 million during the quarter, compared to analyst estimates of $26.99 million. During the same quarter in the previous year, the business posted ($0.24) EPS. The company’s revenue was up 221.5% compared to the same quarter last year. On average, equities analysts expect that IonQ, Inc. will post -0.86 earnings per share for the current year.

Insider Buying and Selling

In other news, Director William J. Teuber, Jr. bought 2,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was bought at an average price of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the transaction, the director directly owned 6,413 shares in the company, valued at $351,496.53. The trade was a 45.32% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Kathryn K. Chou sold 20,000 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $51.40, for a total value of $1,028,000.00. Following the transaction, the director directly owned 60,839 shares in the company, valued at $3,127,124.60. This trade represents a 24.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 125,000 shares of company stock worth $5,992,000 in the last quarter. Insiders own 5.20% of the company’s stock.

Analyst Ratings Changes

IONQ has been the subject of several recent analyst reports. Morgan Stanley increased their price objective on IonQ from $32.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 4th. Rosenblatt Securities reiterated a “buy” rating and set a $100.00 target price on shares of IonQ in a research report on Tuesday. Cantor Fitzgerald lifted their price target on shares of IonQ from $60.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, November 7th. DA Davidson boosted their price target on shares of IonQ from $35.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of IonQ in a research note on Thursday, January 22nd. Nine research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, IonQ has a consensus rating of “Moderate Buy” and an average price target of $75.91.

IonQ News Roundup

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ agreed to acquire SkyWater Technology for about $1.8B to bring semiconductor manufacturing in-house, a strategic move to accelerate next?gen quantum processor development and vertical integration that could improve margins and control over supply chain. Read More.
• Positive Sentiment: Analyst reaffirmations and bullish price targets: Rosenblatt reissued a “buy” with a $100 target and Needham kept a “buy” with an $80 target — both imply substantial upside and help validate the strategic rationale behind the SkyWater deal. Read More. Read More.
• Positive Sentiment: Market reaction and coverage: several outlets reported a post?deal share pop and framed the SkyWater buy as transformative (foundry ownership compared to “the Nvidia of quantum”), supporting momentum in the shares. Read More.
• Neutral Sentiment: Analyst commentary and industry context pieces review IonQ’s 2026 thesis (scaling hardware, full?stack platform) and compare peers — useful for judging long?term competitive positioning but not an immediate catalyst. Read More.
• Neutral Sentiment: Supplemental investor materials (M&A call transcript/slideshow) were published, offering more detail on deal terms and integration plans — important for due diligence but not new news. Read More.
• Negative Sentiment: A law firm announced an investigation into the SkyWater sale, questioning whether SkyWater’s board got fair value — this could lead to litigation or delays that increase deal costs or uncertainty. Read More.

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.