68,077 IonQ, Inc. $IONQ Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA reduced its stake in shares of IonQ, Inc. (NYSE:IONQ) by 54.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,576 shares of the company’s stock after selling 68,077 shares during the quarter. Pictet Asset Management Holding SA’s holdings in IonQ were worth $2,525,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IONQ. BlackRock Inc. acquired a new position in IonQ in the second quarter valued at $1,112,945,000. Bank of America Corp DE acquired a new stake in shares of IonQ during the second quarter worth about $344,757,000. Bank of New York Mellon Corp acquired a new stake in shares of IonQ during the second quarter worth about $113,863,000. Legal & General Group Plc purchased a new stake in shares of IonQ in the 2nd quarter valued at about $82,126,000. Finally, Deutsche Bank AG purchased a new position in IonQ during the 2nd quarter worth approximately $27,836,000. 41.42% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other IonQ news, insider John Raymond sold 2,407 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $37.21, for a total value of $89,564.47. Following the transaction, the insider directly owned 77,741 shares of the company’s stock, valued at approximately $2,892,742.61. The trade was a 3.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.55% of the stock is currently owned by company insiders.

IonQ Stock Performance

Shares of IONQ stock traded down $1.96 during midday trading on Friday, hitting $28.90. The company had a trading volume of 21,793,838 shares, compared to its average volume of 21,954,904. The stock has a market cap of $12.50 billion, a price-to-earnings ratio of 107.03 and a beta of 3.32. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.24 and a quick ratio of 10.66. The company’s 50 day simple moving average is $36.34 and its 200 day simple moving average is $41.23. IonQ, Inc. has a 52-week low of $24.92 and a 52-week high of $73.65.

IonQ (NYSE:IONQ) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.06. IonQ had a return on equity of 0.18% and a net margin of 67.09%. The business had revenue of $173.83 million during the quarter, compared to analysts’ expectations of $141.49 million. During the same quarter in the prior year, the business earned ($3.58) earnings per share. The company’s quarterly revenue was up 336.0% compared to the same quarter last year. Research analysts anticipate that IonQ, Inc. will post -2.96 earnings per share for the current fiscal year.

Trending Headlines about IonQ

These are some of the IONQ headlines that stood out recently:

• Positive Sentiment: IonQ reported third-quarter revenue growth of 336% year over year and raised its 2026 revenue guidance to $505 million–$515 million. One report noted that nearly half of quarterly revenue came from the chip foundry acquired in July, so the growth mix is worth watching. Article: IonQ Is Up 3% in a Week. Is Its “Industry Record” Guidance Really That Good?
• Neutral Sentiment: Wedbush called the finance leadership change an orderly succession. IonQ has named Commvault CFO Gary Merrill as its incoming CFO, with his transition expected in early December; that assessment may ease concerns about the handoff, though the abrupt timing has unsettled investors. Article: IonQ’s finance reshuffle seen as orderly succession by Wedbush
• Negative Sentiment: Singh’s immediate exit has raised questions about leadership continuity. IonQ shares have declined amid the news, with reports also citing broader tech-market pessimism after Nvidia’s management changes and weak quantum-sector results. Industry concerns about quantum computing’s ability to demonstrate near-term returns may add to pressure. Article: It’s not just Nvidia, IonQ stock is also slipping on leadership shake-up

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on IONQ shares. Needham & Company LLC reduced their price objective on IonQ from $65.00 to $48.00 and set a “buy” rating for the company in a research note on Friday, November 6th. Wedbush reissued an “outperform” rating and issued a $75.00 price objective on shares of IonQ in a report on Tuesday, October 13th. Jefferies Financial Group lowered their target price on shares of IonQ from $80.00 to $65.00 and set a “buy” rating on the stock in a research report on Friday, November 6th. Morgan Stanley cut their target price on shares of IonQ from $49.00 to $43.00 and set an “equal weight” rating on the stock in a report on Thursday, October 15th. Finally, Benchmark reiterated a “buy” rating and issued a $60.00 price target on shares of IonQ in a research report on Thursday, August 6th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, IonQ has an average rating of “Moderate Buy” and an average target price of $60.23.

IonQ Profile

IonQ, Inc. develops quantum computers and related technologies using trapped-ion qubits, which store information in individual charged atoms. The company designs quantum computing hardware and software for applications that may benefit from quantum processing, including optimization, chemistry, and machine learning. IonQ makes its quantum systems available to businesses, government agencies, and researchers through its cloud service and third-party platforms, including Amazon Braket and Microsoft Azure Quantum.