Oppenheimer & Co. Inc. Has $2.49 Million Holdings in IonQ, Inc. $IONQ

Key Points

• Oppenheimer & Co. Inc. cut its stake in IonQ by 34.6% in Q4, selling 29,296 shares and holding 55,417 shares valued at $2.49 million at quarter‑end.
• IonQ commercially launched an InSAR capability and will offer ground‑movement monitoring via Capella satellites, moves that could create recurring data/services revenue, while analysts (e.g., Morgan Stanley to $47, Wedbush $60) and some commentary point to substantial upside ahead of earnings.
• Shares opened at $45.80, with a market cap of $16.79 billion, a 52‑week range of $25.89–$84.64 and high volatility (beta 3.05); consensus is a Moderate Buy with an average price target of $68.25, institutional ownership ~41.4% and insiders ~5.2%.

Oppenheimer & Co. Inc. reduced its stake in shares of IonQ, Inc. (NYSE:IONQ - Free Report) by 34.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,417 shares of the company's stock after selling 29,296 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in IonQ were worth $2,487,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IONQ. 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 purchasing an additional 5,420,037 shares during the last quarter. 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 purchasing an additional 1,435,394 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 purchasing an additional 1,043,878 shares during the last quarter. Clear Street Group Inc. acquired a new position in IonQ during the 3rd quarter valued at $61,488,000. Finally, Ameriprise Financial Inc. increased its holdings in IonQ by 262.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 576,391 shares of the company's stock valued at $24,768,000 after buying an additional 930,490 shares during the period. 41.42% of the stock is currently owned by institutional investors and hedge funds.

Key IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Morgan Stanley raised its price target to $47 (from $37) while maintaining an Equal Weight rating — a modest analyst upgrade that supports near‑term valuation. Morgan Stanley Lifts IonQ Price Target to $47: Is the Quantum Computing Stock Finally Ready to Deliver?
• Positive Sentiment: Wedbush reaffirmed an Outperform rating and set a $60 price target, signaling stronger bullish conviction from a major tech-focused analyst. Wedbush Reaffirms Outperform, $60 Price Target (Benzinga)
• Positive Sentiment: IonQ commercially launched an InSAR (Interferometric Synthetic Aperture Radar) capability for millimeter‑scale ground deformation monitoring — a new space‑missions product that could open recurring data and services revenue streams. IonQ Launches Commercial InSAR Capability, Enabling Automated, Millimeter-Scale Earth Monitoring
• Positive Sentiment: IonQ will offer ground‑movement monitoring via Capella radar satellites, reinforcing the company’s commercial space services strategy and potential partner-driven customer access. IonQ to offer ground-movement monitoring via Capella radar satellites
• Positive Sentiment: Some analysts and commentary suggest large upside (reports cite ~80% potential) into earnings, which can amplify momentum if Q1 results or guidance beat expectations. Analysts see 80% upside in this quantum stock pre-earnings
• Neutral Sentiment: Wedbush notes Q1 could get political tailwinds ("both ways of the Beltway") from government funding or policy — a potentially meaningful but uncertain revenue driver. IonQ's Q1 results could feature tailwinds from 'both ways of the Beltway,' Wedbush says
• Negative Sentiment: Coverage notes that competition (e.g., D‑Wave) and execution risks remain — a reminder that optimism can reverse quickly if Q1 misses or guidance is weak. IonQ and D-Wave rebound, but risks and rivalry remain

IonQ Price Performance

Shares of IonQ stock opened at $45.80 on Tuesday. The company's fifty day moving average price is $35.35 and its two-hundred day moving average price is $43.95. IonQ, Inc. has a 52-week low of $25.89 and a 52-week high of $84.64. The firm has a market capitalization of $16.79 billion, a PE ratio of -18.39 and a beta of 3.05.

Insider Transactions at IonQ

In other news, Director William J. Teuber, Jr. bought 3,000 shares of the stock in a transaction dated Friday, February 27th. The shares were acquired at an average price of $38.38 per share, with a total value of $115,140.00. Following the acquisition, the director owned 9,413 shares in the company, valued at $361,270.94. This trade represents a 46.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert T. Cardillo sold 5,165 shares of the company's stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $39.44, for a total transaction of $203,707.60. Following the completion of the sale, the insider directly owned 112,291 shares in the company, valued at approximately $4,428,757.04. The trade was a 4.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,581 shares of company stock valued at $316,156. 5.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Cantor Fitzgerald reissued an "overweight" rating on shares of IonQ in a report on Monday, February 9th. Northland Securities assumed coverage on shares of IonQ in a report on Monday, April 20th. They issued an "outperform" rating and a $55.00 price target on the stock. Morgan Stanley set a $37.00 price target on shares of IonQ in a report on Thursday, February 26th. DA Davidson lowered their price target on shares of IonQ from $55.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, February 26th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $100.00 price target on shares of IonQ in a report on Thursday, February 26th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, IonQ presently has a consensus rating of "Moderate Buy" and an average price target of $68.25.

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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