Oak Ridge Investments LLC Takes $1.84 Million Position in IonQ, Inc. $IONQ

Oak Ridge Investments LLC purchased a new position in IonQ, Inc. (NYSE:IONQ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 29,896 shares of the company’s stock, valued at approximately $1,839,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IONQ. Amazon Com Inc. purchased a new stake in shares of IonQ in the second quarter worth $36,705,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in IonQ during the 3rd quarter valued at about $806,000. Y Intercept Hong Kong Ltd purchased a new position in IonQ in the second quarter worth about $6,104,000. Norges Bank purchased a new position in IonQ in the second quarter worth about $114,767,000. Finally, Union Bancaire Privee UBP SA lifted its stake in shares of IonQ by 8,150.0% in the second quarter. Union Bancaire Privee UBP SA now owns 82,500 shares of the company’s stock worth $3,545,000 after buying an additional 81,500 shares in the last quarter. Hedge funds and other institutional investors own 41.42% of the company’s stock.

IonQ Trading Up 6.8%

IONQ opened at $50.80 on Friday. The company has a market cap of $17.65 billion, a price-to-earnings ratio of -9.50 and a beta of 2.63. The company’s 50 day moving average is $48.87 and its 200 day moving average is $51.27. IonQ, Inc. has a 12-month low of $17.88 and a 12-month high of $84.64.

IonQ (NYSE:IONQ) last announced its earnings results on Wednesday, November 5th. The company reported ($3.58) EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 1,836.32% and a negative return on equity of 127.06%. The firm’s quarterly revenue was up 221.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.24) earnings per share. As a group, analysts predict that IonQ, Inc. will post -0.86 EPS for the current fiscal year.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Zacks notes IonQ enters Q4 2025 earnings season with surging revenues and raised guidance, which supports the revenue-growth story and helps explain renewed buying interest. QBTS, RGTI, IONQ: Buy, Sell or Hold Ahead of Q4 Earnings?
• Positive Sentiment: Analyst write-ups (Zacks) and comparison pieces show IonQ outperforming peers on gate fidelity, execution speed and revenue momentum — a narrative that can justify multiple expansions versus other quantum pure-plays. Is IonQ a Buy in 2026? How the Stock Stacks Up Against RGTI, QBTS
• Positive Sentiment: Technical milestone: reports cite IonQ achieving extremely high two-qubit gate fidelity (99.99% in 2025). Higher fidelity improves commercial applicability and strengthens the company’s competitive moat. 2 No-Brainer Quantum Computing Stocks to Buy Hand Over Fist for 2026
• Positive Sentiment: Management / talent: IonQ named Katie Arrington (former DoD tech leader) as CIO — a hire that can accelerate government and defense customer relationships and signal stronger commercialization/government contract prospects. IonQ Names Former DOW Tech Leader Katie Arrington as CIO
• Neutral Sentiment: Media/analyst momentum: The Fool and Barron’s pieces promote quantum names broadly and highlight buy calls or price predictions — these increase retail and institutional attention but are not direct proof of near-term earnings upside. Rigetti and Quantum Computing Stocks Are a Buy, Says Analyst. Look Past the Criticism of Both.
• Neutral Sentiment: TV coverage: CNBC’s “Final Trade” mentioned IONQ among active tickers — TV chatter boosts short-term flows and visibility but is a noisy driver versus fundamentals. Final Trade: IONQ, URA, KRE, GM

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on IONQ shares. JPMorgan Chase & Co. initiated coverage on shares of IonQ in a report on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price objective for the company. Rosenblatt Securities increased their price objective on IonQ from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Jefferies Financial Group initiated coverage on shares of IonQ in a research note on Tuesday, December 16th. They set a “buy” rating and a $100.00 target price on the stock. DA Davidson boosted their price objective on shares of IonQ from $35.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Finally, Cantor Fitzgerald increased their price objective on shares of IonQ from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.91.

Insider Buying and Selling

In related news, Director William J. Teuber, Jr. acquired 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was bought at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the purchase, the director owned 6,413 shares in the company, valued at $351,496.53. The trade was a 45.32% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CRO Rima Alameddine sold 100,000 shares of IonQ stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $46.89, for a total transaction of $4,689,000.00. Following the transaction, the executive directly owned 432,616 shares in the company, valued at $20,285,364.24. This represents a 18.78% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 125,000 shares of company stock valued at $5,992,000. 5.20% of the stock is owned by company insiders.

IonQ 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.