Fortis Capital Advisors LLC Makes New Investment in IonQ, Inc. $IONQ

Fortis Capital Advisors LLC purchased a new stake in IonQ, Inc. (NYSE:IONQ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 19,857 shares of the company’s stock, valued at approximately $1,221,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Amazon Com Inc. purchased a new position in shares of IonQ in the second quarter valued at $36,705,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in IonQ in the 3rd quarter worth about $806,000. Y Intercept Hong Kong Ltd bought a new position in IonQ in the 2nd quarter worth about $6,104,000. Norges Bank purchased a new position in IonQ during the 2nd quarter valued at about $114,767,000. Finally, Union Bancaire Privee UBP SA increased its position in shares of IonQ by 8,150.0% during the second quarter. Union Bancaire Privee UBP SA now owns 82,500 shares of the company’s stock valued at $3,545,000 after buying an additional 81,500 shares during the period. 41.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on IONQ shares. JPMorgan Chase & Co. started coverage on shares of IonQ in a research report on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price objective for the company. Jefferies Financial Group initiated coverage on shares of IonQ in a report on Tuesday, December 16th. They set a “buy” rating and a $100.00 target price on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of IonQ in a report on Thursday. Cantor Fitzgerald boosted their price target on shares of IonQ from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, November 7th. Finally, Wedbush began coverage on shares of IonQ in a report on Wednesday, December 17th. They issued an “outperform” rating and a $60.00 price target on the stock. Nine analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.91.

More IonQ News

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Acquisition creates vertical integration: IonQ says buying SkyWater brings semiconductor manufacturing in‑house, which could speed development of next‑generation quantum processors, tighten supply chains and differentiate its hardware road map. IonQ to Acquire SkyWater Technology (Business Wire)
• Positive Sentiment: Initial market reaction was upbeat: early coverage and intraday trading showed a pop on the strategic rationale and potential scale benefits. That indicates some investors view the deal as value‑creating if integration succeeds. Quantum Computing Stock Pops on $1.8B Chipmaker Buyout (Schaeffers)
• Neutral Sentiment: Transcript and deal detail availability: An M&A call/transcript and analyst writeups provide additional detail on structure, timing and the “collar” on the deal consideration — useful for investors parsing dilution and financing mechanics. Review the call transcript for management’s integration timeline and financing plans. IonQ M&A Call Transcript (Seeking Alpha)
• Neutral Sentiment: Analyst view: Coverage notes the deal advances IonQ’s scale thesis but emphasizes execution risk and competition; long‑term upside depends on successfully scaling next‑gen systems and monetizing the integrated stack. IonQ 2026 Investment Thesis (Zacks)
• Negative Sentiment: Shareholder litigation risk: A law firm announced an investigation into SkyWater’s board over the fairness of the sale to IonQ, which could delay closing, prompt litigation or lead to changes in deal terms. That raises near‑term execution risk. Shareholder Notice: Brodsky & Smith Investigation (Newsfile)
• Negative Sentiment: Deal size, financing and dilution concerns: The $1.8B cash‑and‑stock purchase (subject to a collar) creates questions about dilution, balance sheet impact and integration costs; combined with IonQ’s history of negative earnings, investors may be pricing in near‑term dilution and execution risk. IonQ to acquire SkyWater Technology (Proactive Investors)

Insider Activity

In other IonQ news, Director William J. Teuber, Jr. purchased 2,000 shares of IonQ stock in a transaction on Tuesday, November 11th. The shares were acquired at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the transaction, the director directly owned 6,413 shares of the company’s stock, valued at approximately $351,496.53. The trade was a 45.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Kathryn K. Chou sold 20,000 shares of IonQ stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $51.40, for a total transaction of $1,028,000.00. Following the transaction, the director directly owned 60,839 shares in the company, valued at $3,127,124.60. This trade represents a 24.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 125,000 shares of company stock worth $5,992,000. 5.20% of the stock is currently owned by insiders.

IonQ Stock Performance

IonQ stock opened at $43.37 on Tuesday. IonQ, Inc. has a fifty-two week low of $17.88 and a fifty-two week high of $84.64. The stock has a market cap of $15.07 billion, a P/E ratio of -8.11 and a beta of 2.63. The firm’s fifty day moving average price is $48.66 and its 200-day moving average price is $51.45.

IonQ (NYSE:IONQ) last released its earnings results on Wednesday, November 5th. The company reported ($3.58) EPS for the quarter, missing analysts’ consensus estimates of ($0.44) by ($3.14). IonQ had a negative net margin of 1,836.32% and a negative return on equity of 127.06%. The firm had revenue of $39.87 million during the quarter, compared to the consensus estimate of $26.99 million. During the same period in the prior year, the company earned ($0.24) EPS. The firm’s revenue was up 221.5% compared to the same quarter last year. On average, analysts predict that IonQ, Inc. will post -0.86 earnings per share for the current year.

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.