FORA Capital LLC Invests $1.89 Million in IonQ, Inc. $IONQ

Key Points

• FORA Capital LLC acquired a new stake of 30,689 shares in IonQ in Q3, valued at approximately $1.89 million, and overall hedge funds/institutions own about 41.42% of the stock.
• Analysts have a consensus rating of Moderate Buy for IONQ with an average price target of $69.45 (9 Buys, 6 Holds, 1 Sell), and recent price targets range as high as $100.
• IonQ announced a partnership with the University of Cambridge to build a 256‑qubit quantum computer—supporting its commercialization thesis—yet the stock has been volatile and underperformed year‑to‑date, trading near $33 with a beta of 2.61 and a one‑year range of $18.81–$84.64.

FORA Capital LLC acquired a new stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 30,689 shares of the company's stock, valued at approximately $1,887,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archer Investment Corp raised its stake in IonQ by 119.3% during the 2nd quarter. Archer Investment Corp now owns 592 shares of the company's stock worth $25,000 after acquiring an additional 322 shares during the period. Stone House Investment Management LLC boosted its position in shares of IonQ by 700.0% in the third quarter. Stone House Investment Management LLC now owns 400 shares of the company's stock worth $25,000 after purchasing an additional 350 shares during the period. Ameriflex Group Inc. boosted its position in shares of IonQ by 485.7% in the third quarter. Ameriflex Group Inc. now owns 410 shares of the company's stock worth $25,000 after purchasing an additional 340 shares during the period. Hilltop National Bank increased its stake in shares of IonQ by 112.5% in the third quarter. Hilltop National Bank now owns 425 shares of the company's stock worth $26,000 after purchasing an additional 225 shares in the last quarter. Finally, Financial Consulate Inc. bought a new stake in shares of IonQ during the 3rd quarter valued at $29,000. 41.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on IONQ shares. Wall Street Zen upgraded shares of IonQ from a "sell" rating to a "hold" rating in a research note on Saturday. Jefferies Financial Group started coverage on IonQ in a research note on Tuesday, December 16th. They issued a "buy" rating and a $100.00 price target for the company. Benchmark decreased their price target on IonQ from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Rosenblatt Securities restated a "buy" rating and issued a $100.00 price objective on shares of IonQ in a research report on Thursday, February 26th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating on shares of IonQ in a research note on Monday, February 9th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $69.45.

Key Stories Impacting IonQ

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: IonQ announced a partnership with the University of Cambridge to build a 256‑qubit quantum computer, a concrete technical milestone that supports commercialization prospects and product differentiation. IonQ partners with the University of Cambridge for 256-qubit quantum computer
• Positive Sentiment: Analysts are highlighting 2026 as a scaling year for quantum computing — Zacks says IonQ is positioned to expand revenues and push new qubit systems, which supports a longer‑term growth narrative for the stock. Quantum Computing Set to Scale in 2026: IONQ, QBTS, RGTI's Outlook
• Positive Sentiment: A MarketWatch/Fool-style roundup names IonQ among top quantum contenders, noting IonQ's technique gives it an edge on accuracy versus peers — positive for investor perception of competitive moat. 2 Millionaire-Maker Quantum Computing Stocks
• Neutral Sentiment: Zacks flagged IonQ as a trending/search interest stock, which can increase retail attention and intraday volume but doesn’t guarantee direction. Is Trending Stock IonQ, Inc. (IONQ) a Buy Now?
• Neutral Sentiment: Financial roundups (e.g., Yahoo Finance) listed IonQ among stocks making notable moves, indicating increased media visibility and trading activity rather than directional news. Stocks making big moves yesterday: Saia, Oracle, Atlas Energy Solutions, IonQ, and Conagra
• Negative Sentiment: Multiple Zacks pieces note recent share weakness: IonQ has underperformed in the recent tech sell‑off, is down materially year‑to‑date, and experienced notable intraday dips — near‑term pressure from macro/tech sentiment and high beta remains a risk. IonQ, Inc. (IONQ) Sees a More Significant Dip Than Broader Market: Some Facts to Know IonQ Stock Falls in 2026 Tech Sell-Off: Should You Buy the Dip or Hold?

IonQ Stock Performance

IONQ stock opened at $33.04 on Friday. The company's fifty day moving average price is $40.13 and its 200-day moving average price is $50.01. IonQ, Inc. has a one year low of $18.81 and a one year high of $84.64. The company has a market capitalization of $12.11 billion, a PE ratio of -13.27 and a beta of 2.61.

Insider Buying and Selling at IonQ

In other IonQ news, 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 completion of the transaction, the insider owned 112,291 shares of the company's stock, valued at $4,428,757.04. This represents a 4.40% 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, Director Kathryn K. Chou sold 5,000 shares of the firm's stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the transaction, the director owned 60,839 shares of the company's stock, valued at approximately $3,346,145. The trade was a 7.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 10,781 shares of company stock worth $497,804. Insiders own 5.20% of the company's stock.

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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