Northwestern Mutual Wealth Management Co. Has $12.73 Million Stake in IonQ, Inc. $IONQ

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of IonQ, Inc. (NYSE:IONQ) by 18,559.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 283,808 shares of the company’s stock after purchasing an additional 282,287 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in IonQ were worth $12,734,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bessemer Group Inc. increased its holdings in IonQ by 6.5% during the 4th quarter. Bessemer Group Inc. now owns 214,390 shares of the company’s stock valued at $9,619,000 after purchasing an additional 13,084 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in IonQ by 412.9% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,206 shares of the company’s stock valued at $189,000 after purchasing an additional 3,386 shares in the last quarter. WIM INVESTMENT MANAGEMENT Ltd acquired a new stake in IonQ during the 4th quarter valued at $3,935,000. Western Wealth Management LLC increased its holdings in IonQ by 8.2% during the 4th quarter. Western Wealth Management LLC now owns 25,719 shares of the company’s stock valued at $1,154,000 after purchasing an additional 1,957 shares in the last quarter. Finally, Moneco Advisors LLC increased its holdings in IonQ by 21.6% during the 4th quarter. Moneco Advisors LLC now owns 10,106 shares of the company’s stock valued at $453,000 after purchasing an additional 1,798 shares in the last quarter. 41.42% of the stock is owned by institutional investors and hedge funds.

IonQ Stock Performance

NYSE IONQ opened at $58.99 on Friday. The stock has a fifty day moving average of $39.79 and a 200-day moving average of $43.13. The stock has a market capitalization of $22.02 billion, a P/E ratio of -210.66 and a beta of 3.05. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64.

IonQ (NYSE:IONQ) last released its earnings results on Wednesday, May 6th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.08). The firm had revenue of $64.67 million during the quarter, compared to analyst estimates of $49.75 million. IonQ had a net margin of 174.88% and a negative return on equity of 23.20%. The firm’s quarterly revenue was up 754.7% on a year-over-year basis. During the same period last year, the business posted ($0.14) earnings per share. Equities research analysts forecast that IonQ, Inc. will post -2.26 earnings per share for the current fiscal year.

Insider Activity

In other news, Director William J. Teuber, Jr. bought 3,000 shares of the stock in a transaction dated Friday, February 27th. The stock was bought at an average cost of $38.38 per share, with a total value of $115,140.00. Following the purchase, the director owned 9,413 shares of the company’s stock, valued at approximately $361,270.94. This represents a 46.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert T. Cardillo sold 3,773 shares of IonQ stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total value of $188,272.70. Following the sale, the insider directly owned 139,967 shares of the company’s stock, valued at approximately $6,984,353.30. This trade represents a 2.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 12,354 shares of company stock valued at $504,428. Company insiders own 5.20% of the company’s stock.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: The U.S. government’s $2 billion quantum-computing investment is lifting the entire sector, and IonQ is benefiting from the wave of buying in quantum stocks. Quantum Computing Stocks Break Out After Government Stake
• Positive Sentiment: IonQ’s Q1 update showed record revenue, a larger backlog, and raised 2026 revenue guidance to $260 million-$270 million, reinforcing the growth story behind the stock’s move. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition
• Positive Sentiment: Analyst commentary remains upbeat, with Wall Street bulls still optimistic about IonQ’s long-term opportunity and diversified quantum strategy. Wall Street Bulls Look Optimistic About IonQ (IONQ): Should You Buy?
• Neutral Sentiment: Market coverage is focusing on IonQ’s “historic” quantum milestone, which adds to investor enthusiasm but is less concrete than revenue or guidance news. IonQ Just Hit a Historic Quantum Computing Milestone, Here Is Why Serious Investors Are Starting to Pay Attention
• Neutral Sentiment: IonQ’s acquisition of SkyWater and investment in a new R&D facility support its vertical-integration strategy, but investors may still be weighing execution risk and ongoing losses. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on IONQ shares. Wedbush reaffirmed an “outperform” rating and set a $60.00 price target on shares of IonQ in a report on Monday, May 4th. Weiss Ratings raised IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Needham & Company LLC dropped their price target on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Jefferies Financial Group set a $85.00 price objective on IonQ in a report on Thursday, May 7th. Finally, Morgan Stanley set a $48.50 price objective on IonQ in a report on Thursday, May 7th. Ten 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. Based on data from MarketBeat.com, IonQ has an average rating of “Moderate Buy” and a consensus price target of $68.63.

About IonQ

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.