IonQ (NYSE:IONQ) Given New $65.00 Price Target at Benchmark

IonQ (NYSE:IONQ) had its price target lowered by Benchmark from $75.00 to $65.00 in a research report report published on Thursday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued reports about the stock. Mizuho initiated coverage on shares of IonQ in a research note on Thursday, December 11th. They issued an “outperform” rating and a $90.00 target price for the company. Wedbush assumed coverage on IonQ in a research report on Wednesday, December 17th. They issued an “outperform” rating and a $60.00 price objective for the company. Morgan Stanley dropped their target price on IonQ from $58.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Monday. JPMorgan Chase & Co. started coverage on IonQ in a research note on Thursday, November 20th. They issued a “neutral” rating and a $47.00 price target for the company. Finally, Zacks Research raised IonQ from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Nine 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’s stock. Based on data from MarketBeat, IonQ has a consensus rating of “Moderate Buy” and an average price target of $69.45.

IonQ Stock Up 21.3%

Shares of NYSE:IONQ opened at $40.75 on Thursday. The firm has a 50 day moving average of $42.78 and a 200 day moving average of $50.33. The company has a market capitalization of $14.16 billion, a price-to-earnings ratio of -16.37 and a beta of 2.63. IonQ has a 52 week low of $17.88 and a 52 week high of $84.64.

Insider Buying and Selling at IonQ

In other news, Director Kathryn K. Chou sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $51.40, for a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 25,616 shares of company stock valued at $1,322,096. 5.20% of the stock is owned by insiders.

Hedge Funds Weigh In On IonQ

A number of hedge funds have recently made changes to their positions in IONQ. Archer Investment Corp lifted its holdings in IonQ by 119.3% in the 2nd quarter. Archer Investment Corp now owns 592 shares of the company’s stock valued at $25,000 after purchasing an additional 322 shares in the last quarter. Stone House Investment Management LLC raised its position in shares of IonQ by 700.0% in the third quarter. Stone House Investment Management LLC now owns 400 shares of the company’s stock valued at $25,000 after buying an additional 350 shares during the last quarter. Ameriflex Group Inc. raised its position in shares of IonQ by 485.7% in the third quarter. Ameriflex Group Inc. now owns 410 shares of the company’s stock valued at $25,000 after buying an additional 340 shares during the last quarter. Hilltop National Bank lifted its stake in shares of IonQ by 112.5% in the third quarter. Hilltop National Bank now owns 425 shares of the company’s stock worth $26,000 after buying an additional 225 shares in the last quarter. Finally, Accent Capital Management LLC boosted its position in IonQ by 171.8% during the fourth quarter. Accent Capital Management LLC now owns 587 shares of the company’s stock worth $26,000 after acquiring an additional 371 shares during the last quarter. Institutional investors and hedge funds own 41.42% of the company’s stock.

IonQ News Summary

Here are the key news stories impacting IonQ this week:

• Positive Sentiment: Q4 revenue and guidance surprise — IonQ reported Q4 revenue of $61.9M (up ~429% YoY), beat estimates and raised FY‑2026 revenue guidance to $225M–$245M, driving the rally. MarketBeat: IonQ Just Delivered the Quarter That Changes the Quantum Narrative
• Positive Sentiment: Large cash cushion — IonQ exited 2025 with roughly $3.3B in cash and investments, reducing dilution risk and giving management runway to invest aggressively. MarketBeat: Cash advantage discussion
• Positive Sentiment: Defense and commercial contract momentum — IonQ was selected to support the Missile Defense Agency SHIELD IDIQ and completed a major Romanian QKD network deployment, validating government demand for its tech. InsideHPC: SHIELD IDIQ selection Yahoo: Romania QKD deployment
• Positive Sentiment: Strategic M&A and supply‑chain moves — Acquisitions (Vector Atomic, SkyWater) position IonQ for integrated sensing/manufacturing that appeal to defense and enterprise buyers. MarketBeat: Acquisitions and strategic rationale
• Positive Sentiment: Support from some sell‑side firms — Rosenblatt reaffirmed a buy and Benchmark kept a buy rating (lowered PT) — bullish voices that can sustain upward momentum. Benzinga: Analyst actions
• Neutral Sentiment: Sector context — analysts and comparisons to peers (e.g., Rigetti) are highlighting where upside vs. execution risk remains; useful for relative-risk assessment but not an immediate catalyst. Zacks: Rigetti vs IonQ
• Negative Sentiment: Margins and cash burn remain issues — gross margin contracted in Q4 and management guided an adjusted loss of ~$310M–$330M for 2026, keeping long‑term profitability a risk. Zacks: Gross margin down
• Negative Sentiment: Some analysts trimmed targets / moved to neutral — JPMorgan cut its PT to $42 (neutral) and DA Davidson lowered its PT to $35 (neutral), signaling lingering valuation concerns. Benzinga: Analyst price target cuts
• Negative Sentiment: Minor insider selling disclosed — a director sold a small block of shares; not large enough alone to alter the picture but worth noting. SEC filing: insider sale

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.