Handelsbanken Fonder AB Increases Holdings in IonQ, Inc. $IONQ

Handelsbanken Fonder AB raised its stake in shares of IonQ, Inc. (NYSE:IONQ) by 41.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 86,300 shares of the company’s stock after buying an additional 25,300 shares during the quarter. Handelsbanken Fonder AB’s holdings in IonQ were worth $3,872,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Clear Street Group Inc. bought a new stake in shares of IonQ during the 3rd quarter valued at $61,488,000. Western Wealth Management LLC grew its position in shares of IonQ by 222.8% during the 3rd quarter. Western Wealth Management LLC now owns 23,762 shares of the company’s stock valued at $1,461,000 after acquiring an additional 16,400 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of IonQ by 56.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 47,545 shares of the company’s stock valued at $2,924,000 after acquiring an additional 17,215 shares during the period. Swedbank AB bought a new stake in shares of IonQ during the 4th quarter valued at $2,708,000. Finally, Penserra Capital Management LLC grew its position in shares of IonQ by 64.3% during the 3rd quarter. Penserra Capital Management LLC now owns 800,141 shares of the company’s stock valued at $49,208,000 after acquiring an additional 313,008 shares during the period. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: The Trump administration said it will invest more than $2 billion in quantum computing companies and take stakes in nine firms, boosting optimism that IonQ could be among the next beneficiaries of federal support. Which company will the U.S. government take a stake in next? Here’s what traders think
• Positive Sentiment: IonQ’s quantum peers surged after the announcement, and IonQ joined the broader rally as traders rotated into the sector on expectations of government backing and a stronger long-term industry outlook. IonQ stock spikes on massive quantum announcement
• Positive Sentiment: IonQ also benefited from recent company updates, including a newly opened research lab, shareholder approval for a key acquisition, and momentum from its record first-quarter results and raised 2026 revenue outlook. Why Is IonQ (IONQ) Stock Rocketing Higher Today
• Neutral Sentiment: Retail sentiment remains strong, with a Stocktwits poll showing most users bullish on IonQ, reinforcing momentum but not changing fundamentals by itself. RGTI Vs QBTS Vs INFQ Vs IONQ: Which Quantum Computing Stock Is Retail Most Bullish On?
• Negative Sentiment: Despite the rally, one report noted IonQ fell after announcing a higher 2026 outlook and the SkyWater acquisition, suggesting some investors may be worried about execution, dilution, or integration risk. IonQ (IONQ) Is Down 5.0% After Raising 2026 Outlook And Announcing SkyWater Acquisition

Insider Buying and Selling at IonQ

In other IonQ news, insider Robert T. Cardillo sold 5,165 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the completion of the transaction, the insider owned 112,291 shares of the company’s stock, valued at $4,428,757.04. This represents a 4.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John W. Raymond sold 2,800 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $33.34, for a total transaction of $93,352.00. Following the transaction, the insider directly owned 83,963 shares of the company’s stock, valued at $2,799,326.42. This trade represents a 3.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 12,354 shares of company stock valued at $504,428 in the last 90 days. Insiders own 5.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Needham & Company LLC cut their price objective on shares of IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. JPMorgan Chase & Co. upped their target price on shares of IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of IonQ in a report on Monday, February 9th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 target price on shares of IonQ in a report on Thursday, February 26th. Finally, Jefferies Financial Group set a $85.00 target price on shares of IonQ in a report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $68.63.

IonQ Stock Performance

Shares of IonQ stock opened at $63.54 on Friday. The company has a market capitalization of $23.72 billion, a P/E ratio of -226.93 and a beta of 3.05. The company has a fifty day moving average of $40.37 and a 200 day moving average of $43.28. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64.

IonQ (NYSE:IONQ) last issued its earnings results on Wednesday, May 6th. The company reported ($0.34) earnings per share 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 the consensus estimate of $49.75 million. IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The company’s quarterly revenue was up 754.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.14) EPS. Analysts forecast that IonQ, Inc. will post -2.26 EPS for the current year.

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.