In recent trading session, IonQ Inc (NYSE:IONQ) saw 7.28 million shares changing hands at last check today with its beta currently measuring 2.50. Company’s recent per share price level of $23.20 trading at -$1.85 or -7.39% at last check today assigns it a market valuation of $5.17B. That most recent trading price of IONQ’s stock is at a discount of -135.95% from its 52-week high price of $54.74 and is indicating a premium of 73.19% 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 22.62 million shares which gives us an average trading volume of 24.97 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 1.33. 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 -7.39%, in the last five days IONQ remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $23.20 price level, adding 10.18% to its value on the day. IonQ Inc’s shares saw a change of -44.46% in year-to-date performance and have moved -1.90% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of 2.52% in past 30-days. Number of shares sold short was 27.89 million shares which calculate 1.42 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a fall of -5.45% 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 29. It follows that stock’s current price would jump 22.41% in reaching the projected high whereas dropping to the targeted low would mean a gain of 22.41% 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 26.28% 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 8.54% of company’s total shares while institution are holding 37.41 percent of that, with stock having share float percentage of 40.91%. 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 6.6911 of outstanding shares, having a total worth of $99.55 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-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 $126.03 million or 2.47% of the total outstanding shares. The later fund manager was in possession of 5.18 shares on Feb 28, 2025, making its stake of worth around $118.72 million in the company or a holder of 2.32% of company’s stock.
