Equities Analysts Set Expectations for IonQ FY2025 Earnings

IonQ, Inc. (NYSE:IONQ) – Research analysts at B. Riley reduced their FY2025 earnings per share (EPS) estimates for IonQ in a report released on Thursday, November 6th. B. Riley analyst C. Ellis now forecasts that the company will post earnings per share of ($5.30) for the year, down from their prior estimate of ($1.58). B. Riley currently has a “Buy” rating and a $100.00 price target on the stock. The consensus estimate for IonQ’s current full-year earnings is ($0.86) per share. B. Riley also issued estimates for IonQ’s Q4 2025 earnings at ($0.51) EPS, Q1 2026 earnings at ($0.51) EPS, Q2 2026 earnings at ($0.51) EPS, Q3 2026 earnings at ($0.51) EPS, Q4 2026 earnings at ($0.51) EPS, FY2026 earnings at ($2.04) EPS, Q1 2027 earnings at ($0.50) EPS, Q2 2027 earnings at ($0.49) EPS, Q3 2027 earnings at ($0.48) EPS and FY2027 earnings at ($1.93) EPS.

IonQ (NYSE:IONQ) last posted its earnings results on Wednesday, November 5th. The company reported ($3.58) EPS for the quarter, missing the consensus estimate of ($0.44) by ($3.14). The business had revenue of $39.87 million for the quarter, compared to analysts’ expectations of $26.99 million. IonQ had a negative return on equity of 127.06% and a negative net margin of 1,836.32%.During the same quarter in the previous year, the firm earned ($0.24) earnings per share. IonQ’s quarterly revenue was up 221.5% compared to the same quarter last year. IonQ has set its FY 2025 guidance at EPS.

IONQ has been the topic of a number of other reports. Rosenblatt Securities raised their target price on shares of IonQ from $70.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Oppenheimer began coverage on shares of IonQ in a research report on Wednesday, July 30th. They set an “outperform” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price objective on shares of IonQ in a report on Thursday, November 6th. Zacks Research upgraded shares of IonQ from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Cantor Fitzgerald raised their price target on IonQ from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $68.11.

IonQ Trading Down 6.7%

Shares of IONQ opened at $55.30 on Monday. IonQ has a 12-month low of $17.88 and a 12-month high of $84.64. The company has a market cap of $19.21 billion, a PE ratio of -10.34 and a beta of 2.59. The stock has a 50-day moving average price of $61.86 and a 200-day moving average price of $47.36.

Hedge Funds Weigh In On IonQ

Several institutional investors and hedge funds have recently bought and sold shares of IONQ. Stone House Investment Management LLC lifted its position in IonQ by 700.0% in the third quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after purchasing an additional 350 shares during the last quarter. Hilltop National Bank increased its stake in shares of IonQ by 112.5% in the third quarter. Hilltop National Bank now owns 425 shares of the company’s stock worth $26,000 after buying an additional 225 shares during the period. Financial Consulate Inc. purchased a new position in shares of IonQ in the third quarter worth $29,000. UMB Bank n.a. bought a new stake in IonQ during the 3rd quarter valued at $31,000. Finally, Archer Investment Corp raised its holdings in IonQ by 119.3% during the 2nd quarter. Archer Investment Corp now owns 592 shares of the company’s stock valued at $25,000 after buying an additional 322 shares during the last quarter. 41.42% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other IonQ news, insider Paul T. Dacier sold 4,175 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $44.40, for a total value of $185,370.00. Following the completion of the sale, the insider directly owned 114,454 shares of the company’s stock, valued at $5,081,757.60. The trade was a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Masi Niccolo De sold 16,120 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $44.40, for a total transaction of $715,728.00. Following the sale, the chief executive officer owned 1,181,186 shares of the company’s stock, valued at approximately $52,444,658.40. The trade was a 1.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 113,622 shares of company stock worth $4,931,896 over the last 90 days. Insiders own 5.20% of the company’s stock.

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.