Amundi Boosts Stock Holdings in IonQ, Inc. $IONQ

Key Points

• Amundi increased its IonQ stake by 15.5% in the second quarter, adding 143,714 shares to own 1.07 million shares valued at approximately $57 million. Institutional investors collectively hold 41.42% of the company.
• IonQ reported quarterly revenue of $80.05 million, up 286.7% year over year and above expectations, while its adjusted loss of $0.33 per share also beat estimates. The company remains unprofitable, with a negative net margin of 553.27%.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and a $67.17 price target, although insiders sold 9,329 shares worth about $513,216 over the past three months.

Amundi grew its position in IonQ, Inc. (NYSE:IONQ - Free Report) by 15.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,070,703 shares of the company's stock after acquiring an additional 143,714 shares during the quarter. Amundi owned about 0.28% of IonQ worth $57,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Archer Investment Corp acquired a new position in IonQ in the 2nd quarter valued at $25,000. Accent Capital Management LLC boosted its stake in IonQ by 171.8% during the 4th quarter. Accent Capital Management LLC now owns 587 shares of the company's stock worth $26,000 after purchasing an additional 371 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in IonQ by 216.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company's stock worth $28,000 after purchasing an additional 656 shares during the last quarter. PeakShares LLC purchased a new stake in shares of IonQ during the first quarter worth $29,000. Finally, EFG International AG purchased a new stake in shares of IonQ during the second quarter worth $30,000. Hedge funds and other institutional investors own 41.42% of the company's stock.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million from $280 million–$290 million, largely reflecting the acquisition of SkyWater Technology. The deal is expected to improve access to chip manufacturing and support IonQ’s new Superion quantum-computing platform. Takeaways From IonQ’s Investor Day: A New Quantum System and $1.8 Billion Deal
• Positive Sentiment: Several analysts maintained bullish ratings after Investor Day, including Rosenblatt with a $100 price target, Cantor Fitzgerald at $70, and Needham at $65, indicating that some of Wall Street still sees substantial long-term upside. IonQ Analyst Ratings
• Positive Sentiment: IonQ highlighted potential long-term demand from cybersecurity, artificial intelligence, and quantum applications, including the possibility that quantum systems could threaten existing encryption by 2028. IonQ’s CEO Says ‘Q-Day’ Hits in 2028

Insider Buying and Selling

In other IonQ news, insider John Raymond sold 3,815 shares of the firm's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $209,863.15. Following the completion of the sale, the insider owned 80,148 shares of the company's stock, valued at $4,408,941.48. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gabrielle Toledano sold 2,757 shares of IonQ stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $151,662.57. Following the completion of the sale, the director owned 11,154 shares in the company, valued at $613,581.54. This represents a 19.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 9,329 shares of company stock worth $513,216. Company insiders own 0.55% of the company's stock.

IonQ Price Performance

Shares of IONQ stock opened at $36.83 on Friday. The company has a market capitalization of $14.03 billion, a PE ratio of -7.90 and a beta of 3.30. The firm's 50-day moving average is $40.17 and its two-hundred day moving average is $43.75. IonQ, Inc. has a 12 month low of $25.89 and a 12 month high of $84.64.

IonQ (NYSE:IONQ - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.56) by $0.23. The business 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 business's revenue for the quarter was up 286.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.70) EPS. Sell-side analysts forecast that IonQ, Inc. will post -2.86 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Jefferies Financial Group reissued a "buy" rating and issued a $80.00 price target on shares of IonQ in a research note on Wednesday. B Riley reaffirmed a "buy" rating on shares of IonQ in a research note on Wednesday. Cantor Fitzgerald reiterated an "overweight" rating and issued a $70.00 price objective on shares of IonQ in a report on Wednesday. Wall Street Zen lowered shares of IonQ from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Finally, Northland Securities boosted their target price on IonQ from $55.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, June 22nd. Ten investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $67.17.

IonQ Profile

IonQ, Inc is a quantum computing company that develops and commercializes quantum computers based on trapped-ion technology. Its systems are designed to perform specialized computations that may be difficult for classical computers, with potential applications in areas such as optimization, materials science, drug discovery, artificial intelligence and financial modeling.

The company provides access to its quantum processors through cloud platforms, including Amazon Web Services' Amazon Braket, Microsoft Azure Quantum and Google Cloud.

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