In last trading session, IonQ Inc (NYSE:IONQ) saw 19.57 million shares changing hands with its beta currently measuring 1.89. Company’s recent per share price level of $16.45 trading at $1.1 or 7.17% at ring of the bell on the day assigns it a market valuation of $3.52B. That closing price of IONQ’s stock is at a discount of -10.64% from its 52-week high price of $18.20 and is indicating a premium of 62.19% from its 52-week low price of $6.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 22.86 million shares which gives us an average trading volume of 10.23 million if we extend that period to 3-months.

For IonQ Inc (IONQ), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.22 in the current quarter.

IonQ Inc (NYSE:IONQ) trade information

Upright in the green during last session for gaining 7.17%, in the last five days IONQ remained trading in the red while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $16.45 price level, adding 3.12% to its value on the day. IonQ Inc’s shares saw a change of 32.77% in year-to-date performance and have moved -2.49% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of 72.25% in past 30-days. Number of shares sold short was 42.14 million shares which calculate 4.19 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13 to the stock, which implies a fall of -26.54% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would jump 51.37% in reaching the projected high whereas dropping to the targeted low would mean a gain of 51.37% for stock’s current value.

IonQ Inc (IONQ) estimates and forecasts

Statistics highlight that IonQ Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 87.36% of value to its shares in past 6 months, showing an annual growth rate of -7.69% while that of industry is 15.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 83.70% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.56M for the same. And 5 analysts are in estimates of company making revenue of 10.99M in the next quarter.

In 2024, company’s earnings growth rate is likely to be around -4.52% while estimates for its earnings growth in next 5 years are of 20.00%.

IonQ Inc (NYSE:IONQ)’s Major holders

Insiders are in possession of 9.94% of company’s total shares while institution are holding 35.61 percent of that, with stock having share float percentage of 39.55%. Investors also watch the number of corporate investors in a company very closely, which is 35.61% institutions for IonQ Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at IONQ for having 20.31 million shares of worth $142.76 million. And as of 2024-06-30, it was holding 9.7558 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 14.16 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.8029 of outstanding shares, having a total worth of $99.55 million.