IonQ (NYSE:IONQ) Stock Price Up 2.7% – Should You Buy?
by Amy Steele · The Cerbat GemShares of IonQ, Inc. (NYSE:IONQ – Get Free Report) rose 2.7% during trading on Tuesday . The company traded as high as $31.96 and last traded at $31.6240. Approximately 14,956,562 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 20,040,734 shares. The stock had previously closed at $30.78.
More IonQ News
Here are the key news stories impacting IonQ this week:
- Positive Sentiment: IonQ was named to the Missile Defense Agency’s SHIELD IDIQ vehicle (part of a $151B ceiling), giving the company a visible path to defense work and government revenue opportunities. IonQ Selected to Support Missile Defense Agency SHIELD IDIQ Contract
- Positive Sentiment: Zacks highlights IonQ’s 2030 roadmap and its $1.8B foundry deal (SkyWater acquisition), which management frames as a way to scale qubit production and lower unit costs — a long-term revenue catalyst. IonQ’s Quantum Roadmap and Foundry Strategy Through 2030
- Positive Sentiment: Analysts note growing national-security demand for quantum capabilities as an emerging revenue driver, which could accelerate government contracts and recurring revenue in 2026. National Security Quantum Demand Could Reshape IonQ Outlook
- Neutral Sentiment: Market previews flag IonQ’s Q4 earnings this week as the next major move — low expectations could create upside if the company delivers revenue/contract detail, but results will determine near-term sentiment. IonQ (IONQ) Q4 Earnings Report Preview: What To Look For
- Neutral Sentiment: A Zacks comparison piece (IONQ vs. QBTS) highlights both companies’ sharp revenue growth and capital raises heading into earnings — useful context but not a direct near-term trigger. IONQ or QBTS: Which Stock Has the Edge Ahead of Q4 Earnings This Week?
- Neutral Sentiment: Sector analysts still show sizable upside targets for quantum stocks, including IonQ, but those are contingent on execution and revenue proof. Quantum Outlook for March 2026: 3 Stocks With Over 100% Price Target
- Negative Sentiment: Benzinga reports that IonQ’s price target was recently cut ahead of earnings, which can pressure the stock and reflects analyst skepticism on near-term upside. IonQ’s Price Target Takes a Hit As The Stock Heads Into Earnings
- Negative Sentiment: Seeking Alpha keeps a sell rating over valuation concerns despite praising management execution and M&A, highlighting that high market capitalization vs. current revenue remains a key risk. IonQ: The Management Is Doing A Good Job
- Negative Sentiment: Market data shows IonQ and peers lagged recent market rallies, with weekly declines cited by 247WallSt — a reminder of sector volatility and short-term downside risk. IonQ & D-Wave Fall More than 5% Last Week While Rigetti Leads Quantum Stocks
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Needham & Company LLC restated a “buy” rating and set a $80.00 price objective on shares of IonQ in a report on Tuesday, January 27th. Zacks Research raised IonQ from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Weiss Ratings restated a “sell (d-)” rating on shares of IonQ in a research note on Thursday, January 22nd. JPMorgan Chase & Co. assumed coverage on IonQ in a research report on Thursday, November 20th. They set a “neutral” rating and a $47.00 price target on the stock. Finally, DA Davidson lifted their target price on shares of IonQ from $35.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and a consensus target price of $73.82.
IonQ Stock Performance
The business has a fifty day simple moving average of $43.50 and a 200 day simple moving average of $50.58. The stock has a market capitalization of $10.99 billion, a price-to-earnings ratio of -5.91 and a beta of 2.63.
Insiders Place Their Bets
In other IonQ news, Director Kathryn K. Chou sold 20,000 shares of IonQ stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $51.40, for a total transaction of $1,028,000.00. Following the completion of the sale, the director directly owned 60,839 shares in the company, valued at $3,127,124.60. The trade was a 24.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.20% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On IonQ
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Archer Investment Corp lifted its stake in IonQ by 119.3% in the second quarter. Archer Investment Corp now owns 592 shares of the company’s stock worth $25,000 after purchasing an additional 322 shares during the last quarter. Stone House Investment Management LLC grew its position in shares of IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock worth $25,000 after buying an additional 350 shares during the last quarter. Ameriflex Group Inc. boosted its position in shares of IonQ by 485.7% in the 3rd quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock worth $25,000 after purchasing an additional 340 shares in the last quarter. Hilltop National Bank grew its stake in shares of IonQ by 112.5% during the third quarter. Hilltop National Bank now owns 425 shares of the company’s stock worth $26,000 after acquiring an additional 225 shares during the last quarter. Finally, Accent Capital Management LLC raised its holdings in shares of IonQ by 171.8% in the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after buying an additional 371 shares during the last quarter. 41.42% of the stock is owned by hedge funds and other institutional investors.
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.