Bank of New York Mellon Corp Makes New $113.86 Million Investment in IonQ, Inc. $IONQ

Bank of New York Mellon Corp purchased a new stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,137,879 shares of the company's stock, valued at approximately $113,863,000. Bank of New York Mellon Corp owned 0.57% of IonQ as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IONQ. Vanguard Group Inc. raised its position in shares of IonQ by 18.5% during the fourth quarter. Vanguard Group Inc. now owns 34,774,743 shares of the company's stock valued at $1,560,343,000 after buying an additional 5,420,037 shares during the last quarter. Norges Bank purchased a new position in IonQ during the fourth quarter valued at $199,753,000. Marex Group plc grew its stake in 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 IonQ by 42.3% in the 4th 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 during the last quarter. Finally, Clear Street Group Inc. lifted its stake in 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 in the last quarter. Institutional investors own 41.42% of the company's stock.

Insiders Place Their Bets

In other IonQ news, Director Gabrielle B. Toledano sold 2,757 shares of the business's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.01, for a total transaction of $151,662.57. Following the transaction, the director owned 11,154 shares in the company, valued at $613,581.54. The trade was a 19.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathryn K. Chou sold 2,757 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.02, for a total transaction of $151,690.14. Following the completion of the sale, the director directly owned 62,608 shares in the company, valued at approximately $3,444,692.16. This represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 9,329 shares of company stock valued at $513,216 over the last three months. 0.55% of the stock is owned by company insiders.

Trending Headlines about IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ subsidiary Skyloom Global reported that its optical communications terminals have reached 84 on-orbit installations aboard satellites supporting the U.S. Space Development Agency’s Proliferated Warfighter Space Architecture. The deployment strengthens IonQ’s expansion beyond quantum computing into space-based, secure communications and may provide an additional long-term revenue opportunity. IonQ’s Skyloom Optical Communications Terminals Reach 84 On-Orbit Installations Following Latest Launch
• Positive Sentiment: Coverage also highlighted IonQ’s progress in satellite optical communications and expanded quantum access in Canada. These developments support the company’s commercialization narrative and diversify its potential applications beyond research-focused quantum computing. IonQ Puts 84 Space Terminals In Orbit And Expands Canada Quantum Access
• Neutral Sentiment: Comparative analyses noted IonQ’s revenue growth of more than 200% and stronger commercialization progress versus some peers. However, Quantum Computing Inc. was viewed favorably on smaller absolute losses, while QUBT received attention for strategic expansion and substantial implied analyst price-target upside. These comparisons may limit enthusiasm for IonQ despite its stronger growth profile. IonQ vs. Quantum Computing Inc.: Which Quantum Computing Stock Is a Better Buy in 2026? IONQ vs. QUBT: Which Quantum Computing Stock Led in Q2 Earnings?
• Negative Sentiment: Investors are questioning whether IonQ’s valuation is justified after a roughly 349.5% five-year return. Commentary cited expensive book-value metrics and the need for durable cash-flow growth, increasing sensitivity to execution and volatility. IonQ Stock May Be Rich On Book Value Yet Strong On Returns
• Negative Sentiment: Quantum stocks broadly unwound an earlier revenue-driven rally, with IonQ among the sector’s decliners as investors demanded clearer evidence of commercial-scale adoption. Reports also flagged insider activity and an estimated $863 million of selling across several quantum companies, adding to sentiment pressure. Quantum Stocks Unwind a Revenue-Headline Rally Insiders at IonQ, Rigetti, and D-Wave Have Put Wall Street on Notice

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IONQ. Rosenblatt Securities reaffirmed a "buy" rating and issued a $100.00 target price on shares of IonQ in a report on Thursday, August 6th. Needham & Company LLC reissued a "buy" rating and set a $65.00 price target on shares of IonQ in a research note on Thursday, August 6th. Cantor Fitzgerald restated an "overweight" rating and set a $70.00 price target on shares of IonQ in a report on Thursday, August 6th. Jefferies Financial Group set a $75.00 price objective on IonQ in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. upped their price objective on IonQ from $42.00 to $50.00 and gave the stock a "neutral" rating in a report on Thursday, May 7th. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, IonQ presently has an average rating of "Moderate Buy" and a consensus price target of $69.92.

IonQ Price Performance

Shares of NYSE IONQ opened at $41.08 on Tuesday. IonQ, Inc. has a 1-year low of $25.89 and a 1-year high of $84.64. The business's 50 day moving average is $43.96 and its two-hundred day moving average is $43.22. The stock has a market capitalization of $15.65 billion, a P/E ratio of -8.81 and a beta of 3.28.

IonQ (NYSE:IONQ - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported ($0.33) EPS for the quarter, topping analysts' consensus estimates of ($0.56) by $0.23. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The firm had revenue of $80.05 million during the quarter, compared to analysts' expectations of $66.47 million. During the same quarter in the previous year, the business earned ($0.70) EPS. The company's quarterly revenue was up 286.7% on a year-over-year basis. As a group, equities research analysts anticipate that IonQ, Inc. will post -2.86 earnings per share for the current fiscal year.

IonQ Company Profile

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.

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