Saudi Central Bank Purchases 12,840 Shares of IonQ, Inc. $IONQ

Saudi Central Bank raised its position in IonQ, Inc. (NYSE:IONQ) by 117.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,740 shares of the company’s stock after buying an additional 12,840 shares during the period. Saudi Central Bank’s holdings in IonQ were worth $1,264,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Compass Financial Management LLC acquired a new stake in shares of IonQ during the second quarter worth approximately $99,000. Oakmont Investment Advisors Inc. acquired a new position in shares of IonQ in the 2nd quarter worth approximately $282,000. Raiffeisen Bank International AG acquired a new position in shares of IonQ in the 2nd quarter worth approximately $10,776,000. TD Waterhouse Canada Inc. grew its position in IonQ by 10.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 11,498 shares of the company’s stock worth $591,000 after acquiring an additional 1,097 shares during the last quarter. Finally, Continuum Advisory LLC bought a new stake in IonQ during the 2nd quarter worth approximately $140,000. 41.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $65.00 price objective on shares of IonQ in a research report on Thursday, August 6th. Cantor Fitzgerald restated an “overweight” rating and set a $70.00 target price on shares of IonQ in a report on Thursday, August 6th. Weiss Ratings lowered IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Friday, August 21st. Benchmark reaffirmed a “buy” rating and issued a $60.00 price target on shares of IonQ in a report on Thursday, August 6th. Finally, Morgan Stanley set a $49.00 price target on shares of IonQ in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $69.92.

IonQ Price Performance

Shares of IonQ stock opened at $40.34 on Wednesday. The firm has a 50 day simple moving average of $40.68 and a 200 day simple moving average of $43.69. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64. The firm has a market cap of $15.37 billion, a P/E ratio of -8.66 and a beta of 3.30.

IonQ (NYSE:IONQ) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.23. The firm had revenue of $80.05 million for the quarter, compared to the consensus estimate of $66.47 million. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The business’s revenue for the quarter was up 286.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.70) EPS. On average, sell-side analysts expect that IonQ, Inc. will post -2.86 EPS for the current year.

Insider Transactions at IonQ

In other news, Director Gabrielle Toledano sold 2,757 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $151,662.57. Following the transaction, the director owned 11,154 shares of the company’s stock, valued at $613,581.54. This represents a 19.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Raymond sold 3,815 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the completion of the transaction, the insider owned 80,148 shares in the company, valued at approximately $4,408,941.48. This represents a 4.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,329 shares of company stock worth $513,216 over the last 90 days. 0.55% of the stock is owned by insiders.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its full-year 2026 revenue outlook to $450 million–$460 million, incorporating revenue from SkyWater Technology following its July 31 acquisition. The guidance increase was the primary catalyst, although it includes only five months of SkyWater contributions and removes certain intercompany revenue. IonQ Announces Increased Full-Year 2026 Financial Outlook Following SkyWater Acquisition
• Positive Sentiment: The company launched IonQ Superion 256, the first system in a planned upgradeable product family designed to support scalable, manufacturable fault-tolerant quantum computing. The platform may strengthen IonQ’s long-term commercial positioning. IonQ Launches Superion Product Line
• Positive Sentiment: IonQ and Congruity360 announced an $8.18 million agreement to deploy quantum-safe network protection using IonQ’s post-quantum cryptography and quantum key distribution appliances, providing evidence of growing enterprise demand. IonQ and Congruity360 Partner to Enhance Quantum-Safe Protection
• Neutral Sentiment: IonQ published a fully compiled resource estimate for using Shor’s algorithm to attack 256-bit elliptic-curve signatures. The research highlights technical progress and estimates a future system requiring roughly 20,000 physical qubits, but it is not an immediate revenue driver. IonQ Publishes Blueprint for Breaking 256-Bit Elliptic-Curve Signatures
• Negative Sentiment: IonQ remains a highly speculative, loss-making company; its prior quarterly results showed a deeply negative net margin, and analysts expect a full-year loss. The higher outlook therefore improves growth expectations without resolving near-term profitability concerns.

IonQ Company 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.