HighTower Advisors LLC Purchases 18,953 Shares of IonQ, Inc. $IONQ

Key Points

• HighTower Advisors increased its IonQ position by 27.4% in the second quarter, purchasing 18,953 shares to own 88,142 shares valued at approximately $4.7 million.
• Institutional ownership remains significant, with hedge funds and other institutions holding 41.42% of IonQ. Major additions included California State Teachers Retirement System, BlackRock, Bank of America, and Norges Bank.
• IonQ’s quarterly revenue rose 286.7% year over year to $80.05 million and exceeded estimates, but the company remains unprofitable. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $67.17, while insiders have sold shares in recent months.

HighTower Advisors LLC boosted its position in shares of IonQ, Inc. (NYSE:IONQ - Free Report) by 27.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,142 shares of the company's stock after acquiring an additional 18,953 shares during the period. HighTower Advisors LLC's holdings in IonQ were worth $4,694,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. California State Teachers Retirement System grew its position in IonQ by 5,901.1% during the second quarter. California State Teachers Retirement System now owns 28,318,821 shares of the company's stock worth $1,508,260,000 after buying an additional 27,846,924 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of IonQ in the 2nd quarter valued at about $1,112,945,000. Bank of America Corp DE bought a new stake in shares of IonQ during the 2nd quarter valued at about $344,757,000. Norges Bank bought a new stake in shares of IonQ during the 4th quarter valued at about $199,753,000. Finally, Marex Group plc grew its holdings in shares of IonQ by 419.1% during the fourth quarter. Marex Group plc now owns 4,083,453 shares of the company's stock worth $183,225,000 after purchasing an additional 3,296,866 shares in the last quarter. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Kathryn K. Chou 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 $55.02, for a total transaction of $151,690.14. Following the sale, the director owned 62,608 shares of the company's stock, valued at $3,444,692.16. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gabrielle B. Toledano sold 2,757 shares of the company's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $55.01, for a total transaction of $151,662.57. Following the completion of the sale, the director owned 11,154 shares in the company, valued at approximately $613,581.54. This trade represents a 19.82% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 11,736 shares of company stock worth $602,780. 0.55% of the stock is owned by corporate insiders.

IonQ Stock Performance

IONQ stock opened at $36.77 on Friday. IonQ, Inc. has a fifty-two week low of $25.89 and a fifty-two week high of $84.64. The business's 50 day moving average price is $39.92 and its two-hundred day moving average price is $43.70. The company has a market capitalization of $14.01 billion, a price-to-earnings ratio of -7.89 and a beta of 3.30.

IonQ (NYSE:IONQ - Get Free Report) last released 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. IonQ had a negative return on equity of 22.29% and a negative net margin of 553.27%.The company had revenue of $80.05 million during the quarter, compared to analysts' expectations of $66.47 million. During the same quarter last year, the business posted ($0.70) EPS. The firm's revenue for the quarter was up 286.7% compared to the same quarter last year. Sell-side analysts forecast that IonQ, Inc. will post -2.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Mizuho lowered their target price on shares of IonQ from $61.00 to $52.00 and set an "outperform" rating on the stock in a research note on Wednesday. Rosenblatt Securities reissued a "buy" rating and issued a $100.00 price target on shares of IonQ in a research note on Wednesday. Cantor Fitzgerald reissued an "overweight" rating and issued a $70.00 price target on shares of IonQ in a report on Wednesday. Northland Securities raised their price objective on shares of IonQ from $55.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, June 22nd. Finally, Morgan Stanley set a $49.00 price objective on shares of IonQ in a report on Thursday, August 6th. Ten equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $67.17.

Key IonQ News

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

IonQ 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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