Cetera Investment Advisers Sells 49,311 Shares of IonQ, Inc. $IONQ

Key Points

• Cetera Investment Advisers reduced its IonQ stake by 31.7%, selling 49,311 shares during the first quarter and retaining 106,248 shares valued at approximately $3.06 million.
• Other institutional investors increased or initiated positions in IonQ, with institutional ownership reaching 41.42% of the company’s outstanding stock.
• IonQ has a “Moderate Buy” consensus rating and an average analyst price target of $69.92, but the company remains highly volatile and unprofitable, with a negative P/E ratio and substantial quarterly losses.

Cetera Investment Advisers lessened its holdings in shares of IonQ, Inc. (NYSE:IONQ - Free Report) by 31.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,248 shares of the company's stock after selling 49,311 shares during the quarter. Cetera Investment Advisers' holdings in IonQ were worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IONQ. Accent Capital Management LLC lifted its holdings in IonQ by 171.8% during the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company's stock valued at $26,000 after purchasing an additional 371 shares in the last quarter. PeakShares LLC purchased a new stake in IonQ in the 1st quarter worth $29,000. Beaird Harris Wealth Management LLC raised its holdings in IonQ by 117.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 500 shares of the company's stock valued at $31,000 after acquiring an additional 270 shares during the period. MWA Asset Management bought a new stake in IonQ during the first quarter valued at about $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in IonQ by 50.5% during the second quarter. EverSource Wealth Advisors LLC now owns 831 shares of the company's stock valued at $36,000 after acquiring an additional 279 shares during the period. Institutional investors own 41.42% of the company's stock.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Record quarterly revenue and raised outlook: IonQ reported approximately $80.1 million in second-quarter 2026 revenue, up about 287% year over year and ahead of Wall Street expectations. The company raised its 2026 revenue forecast to $280 million-$290 million, above the roughly $268 million consensus estimate. IonQ Announces Record Second Quarter 2026 Revenues
• Positive Sentiment: Government business expanded: IonQ won a $28 million DARPA contract extension to produce 125 Evergreen-05 optical atomic clocks for applications including radar and secure communications. Its Capella space division also received an NRO contract to provide commercial synthetic-aperture radar imagery for U.S. national-security missions. DARPA Selects IonQ to Produce Next-Generation Atomic Clocks
• Positive Sentiment: Technology and commercial momentum: Management said its SkyWater-led quantum roadmap remains on track, including development of a 256-qubit system and a vertically integrated manufacturing platform. New relationships with Sandia National Laboratories and EPB further support IonQ’s quantum networking and security businesses.
• Positive Sentiment: Analyst support remains strong: Benchmark, Needham, Cantor Fitzgerald and Rosenblatt reaffirmed bullish ratings, with price targets ranging from $60 to $100. Morgan Stanley also cited strong commercial momentum and progress toward the 256-qubit system.
• Neutral Sentiment: SkyWater deal complicates comparisons: The new revenue guidance excludes the impact of IonQ’s approximately $1.8 billion SkyWater acquisition; management plans to provide additional details at its September 8 investor day.
• Negative Sentiment: Profitability remains a concern: IonQ posted a quarterly loss of roughly $0.33 per share. While better than the year-ago loss, some data providers characterized the result as missing consensus expectations. The company remains unprofitable, leaving execution and cash requirements important risks.
• Negative Sentiment: Valuation and volatility: IonQ remains a speculative, high-beta quantum-computing stock trading well below its recent highs. The strong growth and contract wins are supporting the bullish case, but the elevated valuation and continuing losses can amplify selling when investors reduce risk.

IonQ Price Performance

Shares of IONQ stock opened at $39.71 on Friday. IonQ, Inc. has a 1 year low of $25.89 and a 1 year high of $84.64. The stock's 50 day simple moving average is $48.52 and its two-hundred day simple moving average is $43.31. The company has a market cap of $14.82 billion, a PE ratio of -8.52 and a beta of 3.28.

IonQ (NYSE:IONQ - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.08). IonQ had a negative net margin of 553.27% and a negative return on equity of 21.75%. The company had revenue of $64.67 million during the quarter, compared to the consensus estimate of $49.75 million. During the same period in the previous year, the business earned ($0.14) earnings per share. IonQ's revenue for the quarter was up 754.7% on a year-over-year basis. Equities research analysts expect that IonQ, Inc. will post -2.26 EPS for the current year.

Analyst Upgrades and Downgrades

IONQ has been the subject of a number of recent analyst reports. Northland Securities upped their price objective on IonQ from $55.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, June 22nd. Needham & Company LLC reissued a "buy" rating and set a $65.00 target price on shares of IonQ in a research note on Thursday. Benchmark reissued a "buy" rating and issued a $60.00 price target on shares of IonQ in a report on Thursday. Weiss Ratings raised shares of IonQ from a "sell (d-)" rating to a "sell (d+)" rating in a report on Monday, May 11th. Finally, Wall Street Zen raised shares of IonQ from a "strong sell" rating to a "sell" rating in a report on Saturday, July 25th. Nine research analysts have rated the stock with 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 company currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.92.

Insiders Place Their Bets

In other IonQ news, Director Gabrielle B. 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 transaction of $151,662.57. Following the completion of the transaction, the director directly owned 11,154 shares of the company's stock, valued at $613,581.54. The trade was a 19.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kathryn K. Chou sold 2,757 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $55.02, for a total value of $151,690.14. Following the completion of the sale, the director owned 62,608 shares in the company, valued at approximately $3,444,692.16. The trade was a 4.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.

IonQ 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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