Cim Investment Management Inc. Invests $481,000 in IonQ, Inc. $IONQ

Cim Investment Management Inc. purchased a new position in IonQ, Inc. (NYSE:IONQ) during the 1st quarter, Holdings Channel.com reports. The firm purchased 16,667 shares of the company’s stock, valued at approximately $481,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IONQ. Vanguard Group Inc. boosted its holdings in IonQ by 18.5% in the fourth quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company’s stock worth $1,560,343,000 after acquiring an additional 5,420,037 shares in the last quarter. Norges Bank bought a new position in shares of IonQ during the fourth quarter valued at $199,753,000. Marex Group plc increased its holdings in shares of IonQ by 419.1% during the fourth quarter. Marex Group plc now owns 4,083,453 shares of the company’s stock valued at $183,225,000 after acquiring an additional 3,296,866 shares in the last quarter. State Street Corp increased its holdings in shares of IonQ by 42.3% during the fourth quarter. State Street Corp now owns 8,962,789 shares of the company’s stock valued at $402,160,000 after acquiring an additional 2,663,230 shares in the last quarter. Finally, Clear Street Group Inc. raised its position in shares of IonQ by 219.6% in the 4th quarter. Clear Street Group Inc. now owns 3,195,818 shares of the company’s stock worth $143,396,000 after purchasing an additional 2,196,017 shares during the last quarter. Institutional investors own 41.42% of the company’s stock.

IonQ Stock Up 11.9%

Shares of IonQ stock opened at $35.79 on Friday. IonQ, Inc. has a twelve month low of $25.89 and a twelve month high of $84.64. The company’s 50 day moving average is $51.11 and its 200 day moving average is $43.68. The company has a market cap of $13.36 billion, a price-to-earnings ratio of -127.82 and a beta of 3.23.

IonQ (NYSE:IONQ) last posted its earnings results on Wednesday, May 6th. The company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.08). The company had revenue of $64.67 million during the quarter, compared to the consensus estimate of $49.75 million. IonQ had a negative return on equity of 23.20% and a net margin of 174.88%.The company’s revenue for the quarter was up 754.7% on a year-over-year basis. During the same period last year, the firm posted ($0.14) EPS. Sell-side analysts expect that IonQ, Inc. will post -2.26 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on IONQ. Jefferies Financial Group set a $85.00 price target on shares of IonQ in a research note on Thursday, May 7th. Wedbush reaffirmed an “outperform” rating and issued a $60.00 target price on shares of IonQ in a report on Monday, May 4th. Rosenblatt Securities reiterated a “buy” rating and issued a $100.00 target price on shares of IonQ in a research note on Thursday, June 11th. Wall Street Zen upgraded shares of IonQ from a “strong sell” rating to a “sell” rating in a research note on Saturday, July 25th. Finally, Weiss Ratings upgraded shares of IonQ from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $69.46.

Key Headlines Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: SkyWater acquisition cleared its final hurdle: IonQ received final regulatory approval to acquire SkyWater Technology, a U.S.-based semiconductor foundry. The deal is expected to improve IonQ’s manufacturing control, support its technology roadmap and reduce dependence on foreign chip suppliers. IonQ Receives Regulatory Approval to Complete Acquisition of SkyWater Technology
• Positive Sentiment: Analyst upgrade provides support: Benchmark Co. upgraded IonQ to “strong-buy,” adding to the positive reaction surrounding the SkyWater transaction. Zacks.com
• Positive Sentiment: Networking milestone attracts investor attention: A reported networking advance reinforces the long-term case for IonQ’s quantum technology and its potential commercial applications. IonQ Networking Milestone Gains Attention
• Neutral Sentiment: Upcoming earnings are a key catalyst: IonQ and other quantum-computing companies are scheduled to report second-quarter 2026 results. Investors will focus on revenue growth, cash use, losses and updates on the SkyWater integration. IonQ’s prior quarter delivered strong revenue growth but missed the consensus EPS estimate. Quantum Earnings Could Decide Whether the Sector’s Sell-Off Has Gone Too Far
• Negative Sentiment: Sector-wide risk remains elevated: IonQ, Rigetti and D-Wave have fallen sharply over the past month as investors reduced exposure to high-valuation, pre-profit technology companies. Quantum Computing Stocks Sell-Off
• Negative Sentiment: Profitability and execution concerns persist: Commentary continues to highlight IonQ’s significant net losses and the technological challenges involved in scaling quantum systems, making the stock highly sensitive to sentiment and earnings results. Astera Labs vs. IonQ

Insider Transactions at IonQ

In related news, insider Robert T. Cardillo sold 3,773 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $49.90, for a total transaction of $188,272.70. Following the completion of the sale, the insider owned 139,967 shares in the company, valued at approximately $6,984,353.30. This represents a 2.62% 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. Also, insider John W. Raymond sold 3,815 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the sale, the insider owned 80,148 shares of the company’s stock, valued at approximately $4,408,941.48. This trade represents a 4.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 13,102 shares of company stock worth $701,489. 0.55% of the stock is currently owned by insiders.

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.