IonQ, Inc. $IONQ Shares Bought by Arizona State Retirement System

Key Points

• Institutional ownership increased: Arizona State Retirement System raised its IonQ stake by 21% to 97,236 shares valued at approximately $5.18 million. Overall, hedge funds and institutional investors own 41.42% of the company.
• Analyst sentiment remains broadly positive: IonQ has a consensus “Moderate Buy” rating and an average price target of $67.17, although some firms recently downgraded the stock or lowered their targets.
• Strong revenue growth but continued losses: Quarterly revenue rose 286.7% year over year to $80.05 million and beat estimates, while IonQ reported a $0.33 per-share loss and a negative net margin of 553.27%. Insiders sold 11,736 shares worth about $602,780 over the past 90 days.

Arizona State Retirement System boosted its stake in IonQ, Inc. (NYSE:IONQ - Free Report) by 21.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 97,236 shares of the company's stock after buying an additional 16,855 shares during the period. Arizona State Retirement System's holdings in IonQ were worth $5,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Waverly Advisors LLC increased its stake in IonQ by 10.9% during the 2nd quarter. Waverly Advisors LLC now owns 10,262 shares of the company's stock worth $547,000 after buying an additional 1,007 shares during the period. Nykredit A S purchased a new position in shares of IonQ during the second quarter worth approximately $5,732,000. Amundi increased its stake in IonQ by 15.5% in the second quarter. Amundi now owns 1,070,703 shares of the company's stock valued at $57,026,000 after purchasing an additional 143,714 shares during the period. HighTower Advisors LLC grew its stake in shares of IonQ by 27.4% in the 2nd quarter. HighTower Advisors LLC now owns 88,142 shares of the company's stock valued at $4,694,000 after purchasing an additional 18,953 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in IonQ during the 2nd quarter worth $10,819,000. 41.42% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at IonQ

In other IonQ news, Director Gabrielle Toledano sold 2,757 shares of the 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 sale, the director directly owned 11,154 shares of the company's stock, valued at approximately $613,581.54. This represents a 19.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Raymond sold 2,407 shares of the company's stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $37.21, for a total value of $89,564.47. Following the transaction, the insider directly owned 77,741 shares of the company's stock, valued at $2,892,742.61. This trade represents a 3.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 11,736 shares of company stock worth $602,780 over the last 90 days. Insiders own 0.55% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on IONQ shares. Rosenblatt Securities reaffirmed a "buy" rating and set a $100.00 price objective on shares of IonQ in a report on Wednesday. Wedbush initiated coverage on IonQ in a research report on Monday, August 3rd. They issued an "outperform" rating and a $75.00 price objective on the stock. Wall Street Zen cut shares of IonQ from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Weiss Ratings downgraded shares of IonQ from a "sell (d+)" rating to a "sell (d-)" rating in a research note on Friday, August 21st. Finally, Benchmark reaffirmed a "buy" rating and issued a $60.00 target price on shares of IonQ in a research report on Thursday, August 6th. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, IonQ currently has a consensus rating of "Moderate Buy" and an average target price of $67.17.

IonQ News Summary

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 Stock Performance

Shares of IONQ opened at $36.77 on Friday. IonQ, Inc. has a one year low of $25.89 and a one year high of $84.64. The company has a market capitalization of $14.01 billion, a P/E ratio of -7.89 and a beta of 3.30. The stock has a 50-day moving average price of $39.92 and a 200 day moving average price of $43.70.

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

About IonQ

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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