Cantor Fitzgerald Issues Pessimistic Forecast for IonQ (NYSE:IONQ) Stock Price

IonQ (NYSE:IONQ) had its price objective dropped by analysts at Cantor Fitzgerald from $70.00 to $60.00 in a research note issued to investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald‘s price target would suggest a potential upside of 126.18% from the company’s previous close.

A number of other equities research analysts have also weighed in on IONQ. Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of IonQ in a research note on Thursday, August 6th. Needham & Company LLC restated a “buy” rating and set a $65.00 price target on shares of IonQ in a research report on Wednesday, September 9th. Weiss Ratings cut IonQ from a “sell (d+)” rating to a “sell (d-)” rating in a research note on Friday, August 21st. Bank of America assumed coverage on IonQ in a research report on Monday, September 28th. They issued a “buy” rating and a $60.00 price objective for the company. Finally, B. Riley Financial dropped their price objective on IonQ from $100.00 to $75.00 and set a “buy” rating for the company in a research note on Monday. Ten investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $62.15.

IonQ Stock Performance

IONQ stock opened at $26.53 on Friday. The firm has a market cap of $11.39 billion, a P/E ratio of -5.69 and a beta of 3.32. The firm’s fifty day moving average is $37.12 and its 200 day moving average is $41.67. IonQ has a 52 week low of $24.92 and a 52 week high of $73.65.

IonQ (NYSE:IONQ) last posted its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.06. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The business had revenue of $173.83 million during the quarter, compared to the consensus estimate of $141.49 million. During the same period in the previous year, the firm posted ($3.58) earnings per share. The firm’s revenue for the quarter was up 336.0% on a year-over-year basis. As a group, analysts forecast that IonQ will post -2.96 EPS for the current year.

Insider Activity

In other IonQ news, insider John Raymond sold 2,407 shares of the business’s stock in a transaction dated 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 owned 77,741 shares in the company, valued at approximately $2,892,742.61. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.55% of the company’s stock.

Institutional Trading of IonQ

Large investors have recently modified their holdings of the business. ABN Amro Investment Solutions raised its position in IonQ by 2.5% during the 1st quarter. ABN Amro Investment Solutions now owns 12,314 shares of the company’s stock valued at $355,000 after purchasing an additional 295 shares during the last quarter. Versant Capital Management Inc lifted its holdings in IonQ by 26.1% in the 2nd quarter. Versant Capital Management Inc now owns 1,491 shares of the company’s stock worth $79,000 after buying an additional 309 shares during the period. Lake Street Private Wealth LLC grew its position in shares of IonQ by 6.8% in the 3rd quarter. Lake Street Private Wealth LLC now owns 5,446 shares of the company’s stock worth $239,000 after buying an additional 346 shares during the last quarter. POM Investment Strategies LLC grew its position in shares of IonQ by 14.9% in the 2nd quarter. POM Investment Strategies LLC now owns 2,861 shares of the company’s stock worth $152,000 after buying an additional 370 shares during the last quarter. Finally, Parallel Advisors LLC grew its position in shares of IonQ by 10.1% in the 3rd quarter. Parallel Advisors LLC now owns 4,511 shares of the company’s stock worth $198,000 after buying an additional 415 shares during the last quarter. 41.42% of the stock is owned by institutional investors.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Third-quarter revenue reached a record $173.8 million, up 336% year over year and ahead of the roughly $141.5 million consensus estimate. The per-share loss of $0.29 was also narrower than expected. Read More.
• Positive Sentiment: IonQ raised its full-year 2026 revenue guidance to $505 million–$515 million, while its backlog grew to $1.2 billion. Stronger guidance and contracted demand can support the growth outlook. Read More.
• Positive Sentiment: IonQ advanced to Stage C of DARPA’s quantum benchmarking initiative and said its Superion 256 capacity for 2027 is sold out, signaling progress and customer demand. Read More.
• Neutral Sentiment: Recent weakness in quantum and other high-risk technology shares was attributed to a broader chip and AI stock selloff, rather than a company-specific development. Read More.
• Negative Sentiment: Zacks added IonQ to its Rank #5 (Strong Sell) list, a bearish near-term rating signal. Read More.
• Negative Sentiment: Despite the revenue beat, IonQ remains loss-making, and commentary flagged uncertainty about commercial adoption and potential dilution from a planned $2 billion capital raise. Its completed $1.15 billion all-stock Elisity acquisition adds strategic reach but also raises questions about dilution and execution. Read More.

About IonQ

IonQ, Inc (NYSE: IONQ) is a quantum computing company that develops full-stack quantum computing systems and related software. Its technology is based on trapped-ion quantum computing, which uses electrically charged atoms as qubits and is designed to support highly accurate quantum operations.

The company provides access to its quantum computers through cloud platforms and direct enterprise and research engagements. Its offerings include quantum computing hardware, cloud-based access, software tools, and professional services intended to help organizations explore applications in areas such as optimization, chemistry, materials science, artificial intelligence, and cybersecurity.