Rosenblatt Securities Reiterates “Buy” Rating for IonQ (NYSE:IONQ)

IonQ (NYSE:IONQ)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a research report issued on Thursday,Benzinga reports. They presently have a $100.00 price objective on the stock. Rosenblatt Securities’ target price would suggest a potential upside of 149.96% from the stock’s current price.

A number of other brokerages have also recently weighed in on IONQ. Northland Securities upped their price objective on IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, June 22nd. Cantor Fitzgerald reissued an “overweight” rating and set a $70.00 price target on shares of IonQ in a research report on Thursday. Wedbush assumed coverage on shares of IonQ in a research note on Monday. They set an “outperform” rating and a $75.00 price objective for the company. Weiss Ratings raised shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their price target on IonQ from $42.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $69.88.

IonQ Stock Down 4.1%

Shares of NYSE:IONQ opened at $40.01 on Thursday. The company has a market capitalization of $14.93 billion, a price-to-earnings ratio of -142.88 and a beta of 3.28. IonQ has a 52 week low of $25.89 and a 52 week high of $84.64. The firm has a 50 day moving average of $49.13 and a 200 day moving average of $43.39.

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

Insider Buying and Selling at IonQ

In related news, Director Kathryn K. Chou sold 2,757 shares of IonQ stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the sale, the director owned 62,608 shares of the company’s stock, valued at $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 available through this hyperlink. Also, insider John W. Raymond sold 3,815 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $209,863.15. Following the transaction, the insider directly owned 80,148 shares of the company’s stock, valued at $4,408,941.48. This represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 9,329 shares of company stock worth $513,216. 0.55% of the stock is currently owned by insiders.

Institutional Trading of IonQ

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Accent Capital Management LLC lifted its stake in shares of IonQ by 171.8% in the 4th quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock valued at $26,000 after purchasing an additional 371 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of IonQ by 216.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company’s stock valued at $28,000 after acquiring an additional 656 shares during the period. PeakShares LLC purchased a new position in shares of IonQ in the 1st quarter valued at about $29,000. Beaird Harris Wealth Management LLC increased its stake in shares of IonQ by 117.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company’s stock valued at $31,000 after purchasing an additional 270 shares in the last quarter. Finally, MWA Asset Management acquired a new position in IonQ in the 1st quarter worth about $32,000. 41.42% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Record revenue and higher guidance: IonQ reported second-quarter revenue of approximately $80.1 million, up 287% year over year and ahead of analyst expectations. The company also raised its 2026 revenue outlook to $280 million-$290 million, above the roughly $268 million consensus estimate. Its adjusted loss was better than expected, although GAAP results were affected by substantial non-cash warrant-valuation charges. IonQ Announces Record Second Quarter 2026 Revenues, Growing 287% YoY
• Positive Sentiment: Defense contract momentum: DARPA awarded IonQ a $28 million contract extension to produce and deliver 125 Evergreen-05 optical atomic clocks for applications including radar, secure communications and precision navigation. Separately, IonQ’s Capella space division won an NRO contract to provide commercial synthetic-aperture-radar imagery and data for national-security missions. DARPA Selects IonQ to Produce Next-Generation Atomic Clocks IonQ’s Space Division Awarded NRO Radar Commercial Augmentation Contract
• Positive Sentiment: Expanded partnerships: IonQ is advancing quantum networking and security through agreements with Sandia National Laboratories and EPB, including a Tennessee research center intended to test quantum-memory technology on a live fiber network. These initiatives could strengthen commercial utility and government adoption. IonQ and Sandia National Laboratories Sign MOU
• Neutral Sentiment: Analyst support: Wedbush initiated coverage with an Outperform rating and a $75 price target, while the broader brokerage consensus is “Moderate Buy.”
• Negative Sentiment: Valuation and execution risk remain high: IonQ’s market capitalization is about $14.9 billion despite continuing losses, and its valuation leaves little room for delays in scaling quantum hardware, integrating SkyWater Technology or converting contracted business into recognized revenue. The stock’s retreat from approximately $69 in June to about $42 by early August highlights elevated sector volatility. 3 Quantum Computing Stocks Worth the Speculative Bet in August

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.