In last trading session, IonQ Inc (NYSE:IONQ) saw 32.25 million shares changing hands with its beta currently measuring 2.50. Company’s recent per share price level of $21.37 trading at -$0.45 or -2.06% at ring of the bell on the day assigns it a market valuation of $4.76B. That closing price of IONQ’s stock is at a discount of -156.15% from its 52-week high price of $54.74 and is indicating a premium of 70.89% 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 20.33 million shares which gives us an average trading volume of 25.73 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 1.40. 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 -0.14 in the current quarter.
IonQ Inc (NYSE:IONQ) trade information
Upright in the red during last session for losing -2.06%, in the last five days IONQ remained trading in the green while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $21.37 price level, adding 5.32% to its value on the day. IonQ Inc’s shares saw a change of -48.84% in year-to-date performance and have moved 4.35% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of -43.32% in past 30-days. Number of shares sold short was 23.33 million shares which calculate 1.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 2.86% 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 29. It follows that stock’s current price would jump 15.77% in reaching the projected high whereas dropping to the targeted low would mean a gain of 15.77% for stock’s current value.
IonQ Inc (IONQ) estimates and forecasts
This year revenue growth is estimated to rise 98.31% 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 7.51M for the same. And 4 analysts are in estimates of company making revenue of 16.93M in the next quarter. Company posted 7.58M and 11.38M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -85.81% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 30.34% while estimates for its earnings growth in next 5 years are of 14.65%.
IonQ Inc (NYSE:IONQ)’s Major holders
Insiders are in possession of 8.57% of company’s total shares while institution are holding 37.41 percent of that, with stock having share float percentage of 40.92%. Investors also watch the number of corporate investors in a company very closely, which is 37.41% 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.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.5 shares of worth $117.48 million or 2.47% of the total outstanding shares. The later fund manager was in possession of 5.41 shares on Dec 31, 2024 , making its stake of worth around $115.68 million in the company or a holder of 2.43% of company’s stock.
