IonQ Inc (NYSE:IONQ)’s traded shares stood at 12.69 million during the last session, with the company’s beta value hitting 2.47. At the close of trading, the stock’s price was $29.93, to imply an increase of 0.67% or $0.2 in intraday trading. The IONQ share’s 52-week high remains $54.74, putting it -82.89% down since that peak but still an impressive 79.22% since price per share fell to its 52-week low of $6.22.
Analysts have given a consensus recommendation of Buy for IonQ Inc (IONQ), translating to a mean rating of 1.50. Of 8 analyst(s) looking at the stock, 0 analyst(s) give IONQ a Sell rating. 0 of those analysts rate the stock as Overweight while 3 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.
IonQ Inc (NYSE:IONQ) trade information
After registering a 0.67% upside in the last session, IonQ Inc (IONQ) has traded red over the past five days. The 5-day price performance for the stock is -12.33%, and -22.34% over 30 days. With these gigs, the year-to-date price performance is -28.35%.
The extremes give us $18 and $22 for target low and target high price respectively. As such, IONQ has been trading 26.5% off suggested target high and 39.86% from its likely low.
IonQ Inc (IONQ) estimates and forecasts
The rating firms project that company’s revenue will grow 93.11% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 16.25M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 18.52M.Earnings reports from the last fiscal year show that sales brought in 7.58M and 11.38M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 114.29% before jumping 62.69% in the following quarter.
IONQ Dividends
IonQ Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
IonQ Inc (NYSE:IONQ)’s Major holders
The next major institution holding the largest number of shares is BLACKROCK INC. with 14.16 million shares, or about 6.8029% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $99.55 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the IonQ Inc (IONQ) shares. Going by data provided on Nov 30, 2024, iShares Russell 2000 ETF holds roughly 5.55 shares. This is just over 2.57% of the total shares, with a market valuation of $166.2 million. Data from the same date shows that the other fund manager holds a little less at 5.35, or 2.47% of the shares, all valued at about 160.17 million.
