Is IonQ Inc (NYSE:IONQ), -63.84% Away From High, Poised For A Strong Comeback?

In last trading session, IonQ Inc (NYSE:IONQ) saw 18.59 million shares changing hands with its beta currently measuring 2.47. Company’s recent per share price level of $33.41 trading at $0.19 or 0.57% at ring of the bell on the day assigns it a market valuation of $8.28B. That closing price of IONQ’s stock is at a discount of -63.84% from its 52-week high price of $54.74 and is indicating a premium of 81.38% 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 17.07 million shares which gives us an average trading volume of 19.24 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.

IonQ Inc (NYSE:IONQ) trade information

Upright in the green during last session for gaining 0.57%, in the last five days IONQ remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $33.41 price level, adding 5.33% to its value on the day. IonQ Inc’s shares saw a change of -20.01% in year-to-date performance and have moved 14.65% in past 5-day. IonQ Inc (NYSE:IONQ) showed a performance of 31.79% in past 30-days. Number of shares sold short was 44.14 million shares which calculate 2.45 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 29 to the stock, which implies a fall of -15.21% to its current value. Analysts have been projecting 29 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 13.2% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.2% for stock’s current value.

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 25.64% while estimates for its earnings growth in next 5 years are of 4.82%.

IonQ Inc (NYSE:IONQ)’s Major holders

Insiders are in possession of 3.44% of company’s total shares while institution are holding 35.42 percent of that, with stock having share float percentage of 36.68%. Investors also watch the number of corporate investors in a company very closely, which is 35.42% 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 9.5955 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 $183.67 million or 2.26% of the total outstanding shares. The later fund manager was in possession of 5.35 shares on Mar 31, 2025 , making its stake of worth around $178.76 million in the company or a holder of 2.20% of company’s stock.