In recent trading session, IonQ Inc (NYSE:IONQ) saw 6.43 million shares changing hands at last check today with its beta currently measuring 2.39. Company’s recent per share price level of $33.49 trading at -$0.65 or -1.90% at last check today assigns it a market valuation of $7.25B. That most recent trading price of IONQ’s stock is at a discount of -63.45% from its 52-week high price of $54.74 and is indicating a premium of 81.43% from its 52-week low price of $6.22.
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 -0.12 in the current quarter.
IonQ Inc (NYSE:IONQ) trade information
Upright in the red during last session for losing -1.90%, in the last five days IONQ remained trading in the red while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $33.49 price level, adding 13.8% to its value on the day. IonQ Inc’s shares saw a change of -19.82% in year-to-date performance and have moved -11.87% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of -26.09% in past 30-days.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a fall of -67.45% to its recent value today. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 46.25% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.25% for stock’s current value.
IonQ Inc (IONQ) estimates and forecasts
This year revenue growth is estimated to rise 87.87% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.28M for the same. And 4 analysts are in estimates of company making revenue of 16.25M in the next quarter. Company posted 6.11M and 7.58M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -11.11% while estimates for its earnings growth in next 5 years are of -3.31%.
IonQ Inc (NYSE:IONQ)’s Major holders
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.
On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024, the former fund manager was holding 5.55 shares of worth $184.73 million or 2.57% of the total outstanding shares. The later fund manager was in possession of 5.35 shares on Sep 30, 2024, making its stake of worth around $178.04 million in the company or a holder of 2.47% of company’s stock.