IonQ (NYSE:IONQ) Given New $35.00 Price Target at DA Davidson

IonQ (NYSE:IONQ) had its price objective cut by investment analysts at DA Davidson from $55.00 to $35.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. DA Davidson’s price objective indicates a potential downside of 13.74% from the company’s current price.

A number of other equities research analysts have also recently weighed in on IONQ. Needham & Company LLC reduced their price objective on IonQ from $80.00 to $65.00 and set a “buy” rating for the company in a research note on Thursday. Morgan Stanley decreased their price target on shares of IonQ from $58.00 to $35.00 and set an “equal weight” rating for the company in a research note on Monday. JPMorgan Chase & Co. started coverage on shares of IonQ in a research note on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price objective on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of IonQ in a research note on Thursday, January 22nd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $100.00 price target on shares of IonQ in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, IonQ currently has an average rating of “Moderate Buy” and an average target price of $69.91.

IonQ Trading Up 20.8%

Shares of IonQ stock traded up $6.99 on Thursday, hitting $40.58. The stock had a trading volume of 38,930,542 shares, compared to its average volume of 20,667,439. The stock has a market cap of $14.10 billion, a price-to-earnings ratio of -7.53 and a beta of 2.63. IonQ has a 52-week low of $17.88 and a 52-week high of $84.64. The company’s 50 day moving average price is $42.90 and its 200 day moving average price is $50.39.

Insider Transactions at IonQ

In other news, Director Kathryn K. Chou sold 20,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $51.40, for a total transaction of $1,028,000.00. Following the completion of the transaction, the director directly owned 60,839 shares of the company’s stock, valued at approximately $3,127,124.60. This represents a 24.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 25,616 shares of company stock worth $1,322,096. Insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of IONQ. Royal Bank of Canada lifted its holdings in IonQ by 12.5% in the first quarter. Royal Bank of Canada now owns 134,176 shares of the company’s stock valued at $2,962,000 after acquiring an additional 14,898 shares during the period. Amundi purchased a new stake in IonQ during the first quarter worth about $630,000. AQR Capital Management LLC boosted its holdings in IonQ by 106.2% during the first quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock worth $1,265,000 after buying an additional 29,513 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in IonQ by 24.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 450,031 shares of the company’s stock worth $9,932,000 after buying an additional 87,428 shares during the period. Finally, Focus Partners Wealth increased its holdings in IonQ by 30.3% in the first quarter. Focus Partners Wealth now owns 46,782 shares of the company’s stock valued at $1,032,000 after buying an additional 10,881 shares in the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Q4 revenue and guidance topped expectations — Q4 revenue rose sharply to about $61.9M (well above estimates) and FY26 revenue guidance ($225M–$245M midpoint) came in meaningfully above Street estimates, supporting the view that IonQ is scaling commercial demand. IonQ Stock Pops After Posting Triple-Digit Growth and Strong 2026 Forecast
• Positive Sentiment: Major commercial deployment in Europe — IonQ announced deployment of technology powering Romania’s national quantum key distribution (RoNaQCI), one of Europe’s largest operational QKD networks, validating enterprise/government demand for its networking products. IonQ Delivers One of the Largest Operational Quantum Key Distribution Networks in Europe
• Positive Sentiment: Defense/government traction — IonQ was named to the Missile Defense Agency’s SHIELD IDIQ vehicle, opening access to a large defense spending pool and potential future task orders. This adds credibility to long-term revenue pathways in national security. Quantum: IonQ Selected to Support Missile Defense Agency SHIELD IDIQ Contract
• Neutral Sentiment: Analyst price-target moves are mixed — Benchmark cut its target from $75 to $65 but kept a “buy” rating, signaling continued confidence despite a lower near-term valuation view. Benchmark Lowers Price Target on IonQ
• Neutral Sentiment: Rosenblatt reaffirmed a buy and maintained a $100 target, showing divergence among brokers on longer-term upside. Rosenblatt Reaffirms Buy on IonQ
• Negative Sentiment: Some analysts trimmed forecasts despite the beat — a few firms reduced estimates/targets after the report, highlighting remaining uncertainty around margins, cash burn and the sustainability of hyper-growth. These Analysts Slash Their Forecasts On IonQ After Q4 Results
• Negative Sentiment: Losses widened and margins remain negative — non‑GAAP loss per share was still negative (company reported a smaller loss than expected on a per‑share basis, but overall profitability and negative net margins are a concern for some investors). IonQ Announces Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Insider sale disclosed — a director sold a small block of shares recently; it’s a minor data point but may be noted by investors monitoring insider activity. Director Insider Sale Filing

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.