Encompass More Asset Management Makes New $1.40 Million Investment in IonQ, Inc. $IONQ

Key Points

• Encompass More Asset Management bought a new stake of 31,082 IonQ shares worth approximately $1.40 million in the fourth quarter, per an SEC filing.
• IonQ reported record Q1 revenue (~$64.7M, up ~755% YoY) and raised FY2026 revenue guidance to about $260–$270M, driving recent investor enthusiasm and a stock rally.
• Profitability risks persist: the company still shows wide GAAP losses and a Q1 EPS loss that missed estimates, and insiders have sold shares even as institutional ownership remains high (~41%).

Encompass More Asset Management bought a new stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 31,082 shares of the company's stock, valued at approximately $1,395,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in IonQ by 18.5% during the 4th 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. State Street Corp raised its stake in IonQ by 19.9% during the 3rd quarter. State Street Corp now owns 6,299,559 shares of the company's stock valued at $387,423,000 after buying an additional 1,043,878 shares during the last quarter. JPMorgan Chase & Co. raised its stake in IonQ by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,008,001 shares of the company's stock valued at $184,992,000 after buying an additional 333,653 shares during the last quarter. Northern Trust Corp raised its stake in IonQ by 30.3% during the 3rd quarter. Northern Trust Corp now owns 2,737,026 shares of the company's stock valued at $168,327,000 after buying an additional 636,482 shares during the last quarter. Finally, Lansdowne Partners UK LLP raised its stake in IonQ by 286.1% during the 3rd quarter. Lansdowne Partners UK LLP now owns 1,937,031 shares of the company's stock valued at $119,127,000 after buying an additional 1,435,394 shares during the last quarter. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Record revenue and big beat — IonQ reported roughly $64.7M in Q1 revenue (up ~755% YoY), well above expectations and its largest quarter to date, a key driver of investor enthusiasm. IonQ Announces First Quarter 2026 Financial Results
• Positive Sentiment: Management raised revenue guidance — IonQ lifted FY2026 revenue targets (now ~ $260M–$270M) and issued Q2 revenue guidance (~$65M–$68M) that sit materially above Street expectations, supporting the stock’s upside. Quantum computing firm IonQ raises annual revenue forecast
• Neutral Sentiment: Business expansion and M&A momentum — coverage highlights acquisitions and new product lines (including a commercial InSAR space service) that could diversify revenue, but these are longer‑horizon contributors. IonQ’s InSAR Launch Adds Space Intelligence Revenue Angle For Investors
• Neutral Sentiment: Positive media/analyst narratives are amplifying momentum — bullish pieces and analyst optimism (Forbes, Motley Fool, other outlets) are feeding investor demand but reflect sentiment rather than new fundamentals. The Bull Case For IONQ Stock To $500
• Negative Sentiment: EPS/loss metrics disappointed — the company reported a loss per share (reported between ~$0.34–$0.38 depending on source) that missed consensus estimates, which tempers enthusiasm and highlights that profitability remains distant. IonQ, Inc. (IONQ) Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Large negative margins and continued GAAP losses — the company still shows very wide negative net margin and negative ROE, underscoring execution and profitability risk despite top-line strength. IonQ (IONQ) Q1 Earnings and Metrics

Insider Buying and Selling at IonQ

In other IonQ news, insider John W. Raymond sold 2,800 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $33.34, for a total transaction of $93,352.00. Following the completion of the transaction, the insider owned 83,963 shares of the company's stock, valued at $2,799,326.42. This represents a 3.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Robert T. Cardillo sold 5,165 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $39.44, for a total transaction of $203,707.60. Following the transaction, the insider directly owned 112,291 shares of the company's stock, valued at $4,428,757.04. This trade represents a 4.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,581 shares of company stock valued at $316,156 in the last 90 days. Insiders own 5.20% of the company's stock.

Analyst Ratings Changes

IONQ has been the subject of a number of research reports. Cantor Fitzgerald reiterated an "overweight" rating on shares of IonQ in a research note on Monday, February 9th. Morgan Stanley set a $37.00 target price on shares of IonQ in a research note on Thursday, February 26th. Rosenblatt Securities reiterated a "buy" rating and set a $100.00 target price on shares of IonQ in a research note on Thursday, February 26th. DA Davidson decreased their target price on shares of IonQ from $55.00 to $35.00 and set a "neutral" rating for the company in a research note on Thursday, February 26th. Finally, Wall Street Zen lowered shares of IonQ from a "hold" rating to a "sell" rating in a research note on Sunday. Ten analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $68.25.

IonQ Stock Up 9.7%

IONQ opened at $52.67 on Thursday. The firm has a 50-day simple moving average of $36.11 and a two-hundred day simple moving average of $43.68. IonQ, Inc. has a 52 week low of $25.89 and a 52 week high of $84.64. The company has a market capitalization of $19.31 billion, a PE ratio of -21.15 and a beta of 3.05.

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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