Robert Cardillo Sells 3,773 Shares of IonQ (NYSE:IONQ) Stock

IonQ, Inc. (NYSE:IONQ) insider Robert Cardillo sold 3,773 shares of IonQ stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $49.90, for a total transaction of $188,272.70. Following the sale, the insider directly owned 139,967 shares in the company, valued at approximately $6,984,353.30. The trade was a 2.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

IonQ Stock Performance

IonQ stock opened at $49.36 on Friday. The company’s 50 day simple moving average is $36.42 and its 200-day simple moving average is $43.57. The company has a market capitalization of $18.10 billion, a price-to-earnings ratio of -176.28 and a beta of 3.05. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ posted record Q1 revenue of $64.7 million, up sharply year over year, and lifted its 2026 revenue forecast, reinforcing the view that commercial demand for its quantum platform is accelerating. IonQ Announces First Quarter 2026 Financial Results
• Positive Sentiment: SkyWater Technology stockholders approved the merger agreement with IonQ, removing a key hurdle for the deal and potentially expanding IonQ’s semiconductor and manufacturing capabilities. SkyWater Technology Stockholders Approve Merger Agreement with IonQ
• Positive Sentiment: Analysts are still pointing to meaningful upside in the quantum-semiconductor space, with one Zacks piece arguing IonQ could gain alongside peers as investor interest in the theme heats up. Why ASX and IONQ May Gain 15%+ in the Quantum-Semiconductor Space

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on IONQ shares. Cantor Fitzgerald reissued an “overweight” rating on shares of IonQ in a research note on Monday, February 9th. Northland Securities started coverage on shares of IonQ in a research note on Monday, April 20th. They issued an “outperform” rating and a $55.00 price target on the stock. JPMorgan Chase & Co. boosted their price target on shares of IonQ from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Thursday. Morgan Stanley set a $48.50 price target on shares of IonQ in a research note on Thursday. Finally, Benchmark reduced their price target on shares of IonQ from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Ten equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, IonQ presently has an average rating of “Moderate Buy” and an average target price of $68.63.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IONQ. Royal Bank of Canada grew its holdings in shares of 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 purchasing an additional 14,898 shares in the last quarter. Amundi acquired a new position in shares of IonQ in the first quarter valued at approximately $630,000. AQR Capital Management LLC grew its holdings in shares of IonQ by 106.2% in the first quarter. AQR Capital Management LLC now owns 57,305 shares of the company’s stock valued at $1,265,000 after purchasing an additional 29,513 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of IonQ by 24.1% in 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 valued at $9,932,000 after purchasing an additional 87,428 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of 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 purchasing an additional 10,881 shares in the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.

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.