Global Retirement Partners LLC Takes Position in IonQ, Inc. $IONQ

Key Points

• Global Retirement Partners acquired 27,087 IonQ shares worth approximately $1.44 million in the second quarter. Institutional investors and hedge funds collectively own 41.42% of IonQ.
• IonQ reported quarterly revenue of $80.05 million, up 286.7% year over year and above analyst expectations, while its adjusted loss still came in at $0.33 per share. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $69.92.
• IonQ remains unprofitable, with analysts forecasting a full-year loss and the stock carrying a high valuation and beta of 3.28. Recent insider sales and conflicting analyst ratings highlight ongoing investment risk despite the company’s strong growth outlook.

Global Retirement Partners LLC acquired a new stake in IonQ, Inc. (NYSE:IONQ - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,087 shares of the company's stock, valued at approximately $1,443,000.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. grew 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 purchasing an additional 5,420,037 shares in the last quarter. State Street Corp increased its holdings in IonQ by 42.3% during the 4th quarter. State Street Corp now owns 8,962,789 shares of the company's stock worth $402,160,000 after purchasing an additional 2,663,230 shares during the last quarter. Geode Capital Management LLC raised its position in shares of IonQ by 21.9% in the 4th quarter. Geode Capital Management LLC now owns 8,074,301 shares of the company's stock valued at $361,624,000 after purchasing an additional 1,452,463 shares in the last quarter. Norges Bank acquired a new position in shares of IonQ in the 4th quarter valued at approximately $199,753,000. Finally, Marex Group plc boosted its stake in shares of IonQ by 419.1% during the 4th quarter. Marex Group plc now owns 4,083,453 shares of the company's stock valued at $183,225,000 after buying an additional 3,296,866 shares during the last quarter. 41.42% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider John W. Raymond sold 3,815 shares of IonQ stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $55.01, for a total value of $209,863.15. Following the sale, the insider directly owned 80,148 shares in the company, valued at $4,408,941.48. This trade represents a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gabrielle B. Toledano sold 2,757 shares of the business's stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. Insiders have sold 9,329 shares of company stock valued at $513,216 over the last three months. Company insiders own 0.55% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on IONQ shares. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of IonQ in a report on Friday, August 7th. JPMorgan Chase & Co. raised their price objective on shares of IonQ from $42.00 to $50.00 and gave the stock a "neutral" rating in a report on Thursday, May 7th. Wedbush initiated coverage on shares of IonQ in a research report on Monday, August 3rd. They issued an "outperform" rating and a $75.00 target price for the company. Wall Street Zen lowered shares of IonQ from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Finally, Morgan Stanley set a $49.00 price target on shares of IonQ in a research report on Thursday, August 6th. Nine 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. According to data from MarketBeat.com, IonQ presently has an average rating of "Moderate Buy" and an average price target of $69.92.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Quantum networking and security expansion: IonQ announced alliances with Sandia National Laboratories and EPB to advance utility-scale quantum computing, quantum communications and national-security applications. The EPB partnership includes the Tennessee Quantum Communications Research Center and a commercial quantum-memory deployment, potentially strengthening IonQ’s government and infrastructure opportunities. Why Is IonQ Pushing Deeper Into Quantum Networking And Security?
• Positive Sentiment: Improved growth outlook: Coverage of IonQ’s post-earnings performance highlights stronger revenue growth and an increased 2026 outlook. Its latest reported quarter included $80.05 million of revenue, well above expectations, with revenue up sharply year over year. IonQ Stock Up 16% Since Q2 Earnings: Should You Buy or Book Profits?
• Positive Sentiment: Strategic manufacturing acquisition completed: IonQ closed its acquisition of SkyWater Technology on July 31 for approximately $741 million in cash and 24 million shares. The deal could improve access to semiconductor manufacturing capacity and support commercialization, although integration will be important. IonQ Paid $1.8 Billion for a Chip Foundry
• Neutral Sentiment: Competitive positioning: Industry coverage places IonQ among the leading quantum-computing vendors as smaller rivals report rapid growth but widening losses. Broader market reports continue to assess IonQ alongside IBM, Quantinuum and Pasqal based on hardware, software, cloud access and customer traction. The Quantum Race Is Heating Up
• Positive Sentiment: Defense-related demand: A reported defense contract adds to expectations that government and national-security applications could become an important source of IonQ’s growth. IonQ Stock in Focus as a Defense Contract Lands
• Negative Sentiment: Valuation and profitability risks: IonQ remains unprofitable, and analysts expect a substantial full-year loss. After the earnings-driven rally, elevated valuation leaves the stock vulnerable to profit-taking if growth, bookings or the 2026 outlook disappoint.

IonQ Stock Up 1.5%

Shares of NYSE:IONQ opened at $46.94 on Tuesday. The firm has a 50-day simple moving average of $45.48 and a 200 day simple moving average of $43.16. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64. The company has a market cap of $17.88 billion, a PE ratio of -10.07 and a beta of 3.28.

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

About IonQ

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.

Want to see what other hedge funds are holding IONQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IonQ, Inc. (NYSE:IONQ - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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