In last trading session, IonQ Inc (NYSE:IONQ) saw 12.97 million shares changing hands with its beta currently measuring 2.39. Company’s recent per share price level of $33.75 trading at -$0.39 or -1.14% at ring of the bell on the day assigns it a market valuation of $7.30B. That closing price of IONQ’s stock is at a discount of -62.19% from its 52-week high price of $54.74 and is indicating a premium of 81.57% 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.
IonQ Inc (NYSE:IONQ) trade information
Upright in the red during last session for losing -1.14%, 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 $33.75 price level, adding 13.13% to its value on the day. IonQ Inc’s shares saw a change of -19.20% in year-to-date performance and have moved -11.18% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of -25.51% in past 30-days.
Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a fall of -68.75% to its current value. 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 46.67% in reaching the projected high whereas dropping to the targeted low would mean a gain of 46.67% for stock’s current value.
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 $187.41 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 $180.62 million in the company or a holder of 2.47% of company’s stock.
