In the last trading session, 13.16 million IonQ Inc (NYSE:IONQ) shares changed hands as the company’s beta touched 2.49. With the company’s per share price at $35.09 changed hands at $0.1 or 0.29% during last session, the market valuation stood at $8.69B. IONQ’s last price was a discount, traded about -56.0% off its 52-week high of $54.74. The share price had its 52-week low at $6.22, which suggests the last value was 82.27% up since then.
Analysts gave the IonQ Inc (IONQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.33. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended IONQ as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
IonQ Inc (NYSE:IONQ) trade information
Instantly IONQ was in green as seen at the end of in last trading. With action 6.69%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -15.99%, with the 5-day performance at 6.69% in the green. However, in the 30-day time frame, IonQ Inc (NYSE:IONQ) is 36.32% up.
The consensus price target for the stock as assigned by Wall Street analysts is 29, meaning bulls need a downside of -21.0% from its current market value. According to analyst projections, IONQ’s forecast low is 29 with 29 as the target high. To hit the forecast high, the stock’s price needs a 17.36% surge from its current level, while the stock would need to tank 17.36% for it to hit the projected low.
IonQ Inc (IONQ) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -85.81%. The 2025 estimates are for IonQ Inc earnings to increase by 25.64%, but the outlook for the next 5-year period is at 4.82% per year.
IonQ Inc (NYSE:IONQ)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.6911% or 14.16 million shares worth $99.55 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 5.5 shares estimated at $192.9 million under it, the former controlled 2.26% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.20% of the shares, roughly 5.35 shares worth around $187.74 million.
