Capstone Capital Management Ltd Acquires 22,540 Shares of IonQ, Inc. $IONQ

Capstone Capital Management Ltd bought a new position in shares of IonQ, Inc. (NYSE:IONQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,540 shares of the company’s stock, valued at approximately $989,000.

Other hedge funds have also made changes to their positions in the company. Bogart Wealth LLC grew its holdings in shares of IonQ by 24.4% during the first quarter. Bogart Wealth LLC now owns 1,273 shares of the company’s stock worth $37,000 after buying an additional 250 shares during the last quarter. ABN Amro Investment Solutions raised its stake 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 acquiring an additional 295 shares during the last quarter. Versant Capital Management Inc raised its stake in IonQ by 26.1% during the 2nd quarter. Versant Capital Management Inc now owns 1,491 shares of the company’s stock valued at $79,000 after acquiring an additional 309 shares during the last quarter. Root Financial Partners LLC raised its stake in IonQ by 22.9% during the 1st quarter. Root Financial Partners LLC now owns 1,725 shares of the company’s stock valued at $50,000 after acquiring an additional 321 shares during the last quarter. Finally, POM Investment Strategies LLC lifted its position in IonQ by 14.9% during the 2nd quarter. POM Investment Strategies LLC now owns 2,861 shares of the company’s stock worth $152,000 after acquiring an additional 370 shares during the period. Institutional investors and hedge funds own 41.42% of the company’s stock.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Defiance ETFs’ Sylvia Jablonski described IonQ as a buying opportunity, potentially supporting the stock’s recovery after its recent weakness. Defiance ETFs Sylvia Jablonski: IonQ is a buying opportunity
• Positive Sentiment: Wall Street analysts collectively rate IonQ “Moderate Buy,” providing a constructive backdrop for the shares. IonQ Stock Rated Moderate Buy by Wall Street Analysts
• Positive Sentiment: IonQ outperformed the broader market in the latest session, reflecting renewed investor interest in the company and the quantum-computing theme. IonQ Outperforms Broader Market
• Positive Sentiment: Industry commentary identifies quantum computing as a major technology trend heading into 2027, although eventual investor support will depend on revenue growth, earnings and returns on investment. AI, Semiconductors and Quantum Computing Outlook
• Neutral Sentiment: Coverage comparing IonQ with Rigetti and other quantum companies highlights strong long-term interest in the sector, but does not necessarily identify IonQ as the preferred investment through 2030. Quantum Computing Stock to Buy and Hold Through 2030
• Negative Sentiment: IonQ’s planned $1.3 billion Elisity acquisition and $2 billion equity offering raise concerns about significant shareholder dilution, despite expanding the company into cybersecurity and supporting its SkyWater chip initiative. IonQ’s Bold Expansion Could Leave Shareholders Paying the Price
• Negative Sentiment: Form 4 filings indicate sustained insider selling across quantum-computing companies, including IonQ, creating an additional cautionary signal for investors. Quantum Computing Insider Selling Warning

Insider Transactions at IonQ

In other IonQ news, insider John Raymond sold 2,407 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $37.21, for a total transaction 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on IONQ shares. Benchmark reiterated a “buy” rating and issued a $60.00 target price on shares of IonQ in a research note on Thursday, August 6th. Bank of America started coverage on IonQ in a research note on Monday, September 28th. They set a “buy” rating and a $60.00 price target for the company. Wall Street Zen downgraded IonQ from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Jefferies Financial Group reaffirmed a “buy” rating and set a $80.00 price target on shares of IonQ in a report on Wednesday, September 9th. Finally, Morgan Stanley lowered their price objective on shares of IonQ from $49.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 15th. Ten equities research analysts have rated the stock with a Buy rating, four have issued 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 an average price target of $63.33.

IonQ Trading Up 1.4%

Shares of IonQ stock opened at $31.21 on Wednesday. IonQ, Inc. has a 52-week low of $25.89 and a 52-week high of $73.65. The company’s 50-day simple moving average is $40.19 and its 200-day simple moving average is $44.93.

IonQ (NYSE:IONQ) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.23. The firm had revenue of $80.05 million during the quarter, compared to analysts’ expectations of $66.47 million. IonQ had a negative net margin of 553.27% and a negative return on equity of 22.29%. The firm’s revenue for the quarter was up 286.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.70) earnings per share. Equities analysts expect that IonQ, Inc. will post -2.96 EPS for the current year.

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.