California State Teachers Retirement System Has $1.51 Billion Stake in IonQ, Inc. $IONQ

Key Points

• California State Teachers Retirement System increased its IonQ stake by 5,901.1% in the second quarter, acquiring 27.85 million additional shares. Its 28.32 million shares were valued at approximately $1.51 billion, representing 7.43% of the company.
• IonQ reported quarterly revenue of $80.05 million, up 286.7% year over year, and narrowed its loss relative to expectations. The company also raised its 2026 revenue outlook to $450 million–$460 million, partly reflecting the SkyWater acquisition.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and a $67.17 average price target, but IonQ remains unprofitable and highly volatile. Insider selling and a price-target reduction by Mizuho underscore valuation and execution risks.

California State Teachers Retirement System grew its stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) by 5,901.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 28,318,821 shares of the company's stock after buying an additional 27,846,924 shares during the period. California State Teachers Retirement System owned approximately 7.43% of IonQ worth $1,508,260,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp bought a new stake in IonQ during the second quarter worth about $25,000. Accent Capital Management LLC grew its holdings 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 acquiring an additional 371 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in IonQ by 216.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 959 shares of the company's stock valued at $28,000 after acquiring an additional 656 shares in the last quarter. PeakShares LLC acquired a new position in shares of IonQ during the first quarter worth approximately $29,000. Finally, EFG International AG bought a new stake in shares of IonQ during the second quarter valued at approximately $30,000. 41.42% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ raised its 2026 revenue outlook to $450 million–$460 million, with the increase supported partly by its SkyWater acquisition. Higher guidance strengthens the company’s growth narrative, although acquisition-related contributions may limit the organic-growth benefit. IonQ Raises 2026 Revenue Guidance
• Positive Sentiment: IonQ unveiled Superion 256, a 256-qubit quantum processing unit, along with plans for faster chip development and data-center deployment targeted for 2027. The announcement may support expectations for commercial adoption and technological leadership. IonQ Advances Quantum Computing With Superion 256
• Positive Sentiment: Rosenblatt Securities and Needham reiterated Buy ratings, while Cantor Fitzgerald reaffirmed an Overweight rating, indicating that several analysts remain constructive on IonQ’s long-term opportunity. Rosenblatt Reiterates Buy Rating
• Neutral Sentiment: Investor-focused coverage highlighted IonQ’s position in quantum-computing accuracy and its potential to benefit from cybersecurity demand. These articles are largely opinion-based rather than new financial disclosures. If I Could Only Buy One Quantum Computing Stock
• Negative Sentiment: Mizuho analyst Vijay Rakesh cut his price target to $52 from $61 after IonQ’s Analyst Day, despite maintaining a Buy rating. The reduction suggests the updated outlook did not fully satisfy expectations. Why IonQ Stock Is Down
• Negative Sentiment: Critical coverage questioned whether IonQ’s long-term quantum opportunity is sufficiently supported by near-term financial results. IonQ remains unprofitable, and its elevated valuation makes the stock particularly sensitive to execution concerns and changing investor expectations. Why IonQ’s Quantum Story Still Isn’t Convincing

Insider Activity

In other IonQ news, Director Kathryn K. Chou sold 2,757 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $55.02, for a total value of $151,690.14. Following the completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John W. Raymond sold 3,815 shares of the firm'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 $209,863.15. Following the transaction, the insider directly owned 80,148 shares of the company's stock, valued at $4,408,941.48. The trade was a 4.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 11,736 shares of company stock worth $602,780. Insiders own 0.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on IONQ. Jefferies Financial Group reaffirmed a "buy" rating and issued a $80.00 price objective on shares of IonQ in a research note on Wednesday. Benchmark reissued a "buy" rating and issued a $60.00 price target on shares of IonQ in a research note on Thursday, August 6th. Needham & Company LLC restated a "buy" rating and issued a $65.00 price target on shares of IonQ in a research report on Wednesday. Weiss Ratings cut IonQ from a "sell (d+)" rating to a "sell (d-)" rating in a research note on Friday, August 21st. Finally, Cantor Fitzgerald reiterated an "overweight" rating and issued a $70.00 price objective on shares of IonQ in a report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $67.17.

IonQ Stock Performance

Shares of IONQ stock opened at $36.77 on Friday. The stock's fifty day moving average price is $39.92 and its two-hundred day moving average price is $43.70. The company has a market cap of $14.01 billion, a PE ratio of -7.89 and a beta of 3.30. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week 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) EPS for the quarter, topping analysts' consensus estimates of ($0.56) by $0.23. The company had revenue of $80.05 million during the quarter, compared to analysts' expectations of $66.47 million. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.IonQ's revenue was up 286.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.70) EPS. On average, equities analysts predict that IonQ, Inc. will post -2.86 EPS for the current fiscal year.

IonQ Company 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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