IonQ (NYSE:IONQ) Stock Price Down 1.7% – Here’s Why

05 Oct 2026, 17:21 by Teresa Graham · The Cerbat Gem

IonQ, Inc. (NYSE:IONQ – Get Free Report)’s share price was down 1.7% during mid-day trading on Monday. The company traded as low as $42.24 and last traded at $43.0390. 16,320,045 shares traded hands during trading, a decline of 34% from the average session volume of 24,641,629 shares. The stock had previously closed at $43.77.

Wall Street Analyst Weigh In

IONQ has been the topic of a number of recent analyst reports. B. Riley Financial restated a “buy” rating on shares of IonQ in a report on Wednesday, September 9th. Jefferies Financial Group reissued a “buy” rating and issued a $80.00 price objective on shares of IonQ in a research report on Wednesday, September 9th. Mizuho lowered their price objective on shares of IonQ from $61.00 to $52.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 9th. Morgan Stanley set a $49.00 target price on shares of IonQ in a report on Thursday, August 6th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $70.00 target price on shares of IonQ in a research note on Wednesday, September 9th. Ten research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $63.83.

Check Out Our Latest Research Report on IONQ

IonQ Trading Down 1.7%

The company has a 50 day moving average price of $40.74 and a 200-day moving average price of $44.44. The company has a market cap of $16.40 billion, a P/E ratio of -9.24 and a beta of 3.36.

IonQ (NYSE:IONQ – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping 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%.The firm’s revenue was up 286.7% compared to the same quarter last year. During the same period last year, the company earned ($0.70) earnings per share. Equities analysts expect that IonQ, Inc. will post -2.11 earnings per share for the current year.

Insider Activity at IonQ

In related news, insider John Raymond sold 2,407 shares of the business’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 completion of the transaction, the insider owned 77,741 shares in the company, valued at $2,892,742.61. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.55% of the stock is owned by insiders.

Hedge Funds Weigh In On IonQ

A number of hedge funds and other institutional investors have recently made changes to their positions in IONQ. Versant Capital Management Inc grew its holdings in shares of IonQ by 30.9% during the third quarter. Versant Capital Management Inc now owns 1,952 shares of the company’s stock worth $86,000 after buying an additional 461 shares in the last quarter. Cim Investment Management Inc. boosted its position in IonQ by 7.4% during the 2nd quarter. Cim Investment Management Inc. now owns 17,904 shares of the company’s stock worth $954,000 after acquiring an additional 1,237 shares during the last quarter. QRG Capital Management Inc. grew its stake in shares of IonQ by 31.5% during the 2nd quarter. QRG Capital Management Inc. now owns 10,937 shares of the company’s stock worth $583,000 after acquiring an additional 2,618 shares in the last quarter. Core Capital Management & Research inc. bought a new position in shares of IonQ during the 2nd quarter worth approximately $53,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of IonQ in the second quarter worth $394,000. 41.42% of the stock is owned by institutional investors.

About IonQ

(Get Free Report)

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 eventually support applications in areas such as optimization, materials science, drug discovery, financial modeling and artificial intelligence.