Hsbc Holdings PLC Lowers Position in IonQ, Inc. $IONQ

Hsbc Holdings PLC lessened its stake in IonQ, Inc. (NYSE:IONQ) by 17.2% during the second quarter, Holdings Channel reports. The firm owned 152,648 shares of the company’s stock after selling 31,754 shares during the period. Hsbc Holdings PLC’s holdings in IonQ were worth $8,154,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Archer Investment Corp bought a new stake in IonQ during the second quarter worth $25,000. Kingsview Wealth Management LLC bought a new position in IonQ during the 2nd quarter valued at $583,000. Beacon Pointe Advisors LLC bought a new position in IonQ during the 2nd quarter valued at $568,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in IonQ during the 2nd quarter worth $112,000. Finally, Rakuten Investment Management Inc. purchased a new position in IonQ during the 2nd quarter worth $1,051,000. Hedge funds and other institutional investors own 41.42% of the company’s stock.

IonQ Trading Down 5.7%

IONQ stock opened at $38.15 on Thursday. The stock has a market cap of $14.53 billion, a P/E ratio of -8.19 and a beta of 3.30. The stock’s fifty day simple moving average is $40.41 and its two-hundred day simple moving average is $43.72. IonQ, Inc. has a 1-year low of $25.89 and a 1-year high of $84.64.

IonQ (NYSE:IONQ) last announced its earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.56) by $0.23. The firm had revenue of $80.05 million during the quarter, compared to analyst estimates 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 was up 286.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.70) EPS. As a group, analysts forecast that IonQ, Inc. will post -2.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wedbush began coverage on shares of IonQ in a research note on Monday, August 3rd. They issued an “outperform” rating and a $75.00 target price for the company. Weiss Ratings lowered shares of IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, August 21st. Needham & Company LLC restated a “buy” rating and set a $65.00 price target on shares of IonQ in a report on Wednesday. Northland Securities upped their price objective on shares of IonQ from $55.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, June 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $80.00 price objective on shares of IonQ in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $67.17.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million, up substantially from its previous $280 million–$290 million forecast. The increase includes revenue from SkyWater Technology following the acquisition completed July 31, although much of the improvement reflects the acquired chip-foundry business rather than organic quantum-computing growth. IonQ Announces Increased Full-Year 2026 Financial Outlook
• Positive Sentiment: The SkyWater transaction, reportedly valued at approximately $1.8 billion, is intended to give IonQ greater control over chip manufacturing and support its new Superion platform. IonQ introduced Superion 256 as an upgradeable system designed to scale toward fault-tolerant quantum computing. Takeaways From IonQ’s Investor Day
• Positive Sentiment: Rosenblatt, Cantor Fitzgerald and Needham reaffirmed bullish ratings, with price targets ranging from $65 to $100. IonQ also announced an $8.18 million quantum-safe security agreement with Congruity360, providing evidence of commercial demand beyond quantum-computing hardware.
• Neutral Sentiment: IonQ published research estimating the resources needed for a fault-tolerant quantum computer to attack 256-bit elliptic-curve encryption. The work enhances the company’s technology profile but does not immediately add revenue.
• Negative Sentiment: Quantum stocks broadly pulled back as rate-hike odds increased. Investors are rotating away from long-duration growth companies, offsetting the favorable guidance, acquisition and product news. Quantum Stocks Fall as Rate-Hike Odds Climb

Insider Activity at IonQ

In related news, Director Kathryn Chou sold 2,757 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the transaction, the director owned 62,608 shares in the company, valued at approximately $3,444,692.16. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gabrielle Toledano sold 2,757 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $151,662.57. Following the sale, the director owned 11,154 shares of the company’s stock, valued at $613,581.54. This trade represents a 19.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,329 shares of company stock worth $513,216. 0.55% of the stock is owned by company insiders.

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.