In the last trading session, 21.15 million IonQ Inc (NYSE:IONQ) shares changed hands as the company’s beta touched 2.55. With the company’s per share price at $40.1 changed hands at -$2.87 or -6.68% during last session, the market valuation stood at $10.49B. IONQ’s last price was a discount, traded about -36.51% 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 84.49% up since then. When we look at IonQ Inc’s average trading volume, we note the 10-day average is 22.55 million shares, with the 3-month average coming to 22.03 million.
Analysts gave the IonQ Inc (IONQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. 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’s EPS for the current quarter is expected to be -0.14.
IonQ Inc (NYSE:IONQ) trade information
Instantly IONQ was in red as seen at the end of in last trading. With action -1.86%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 464.79%, with the 5-day performance at -1.86% in the red. However, in the 30-day time frame, IonQ Inc (NYSE:IONQ) is -0.59% down. Looking at the short shares, we see there were 35.45 million shares sold at short interest cover period of 1.32 days.
The consensus price target for the stock as assigned by Wall Street analysts is 29, meaning bulls need a downside of -38.28% 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 27.68% surge from its current level, while the stock would need to tank 27.68% for it to hit the projected low.
IonQ Inc (IONQ) estimates and forecasts
Year-over-year growth is forecast to reach 95.64% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 17.23M. 4 analysts are of the opinion that IonQ Inc’s revenue for the current quarter will be 25.08M. The company’s revenue for the corresponding quarters a year ago was 11.38M and 12.4M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 51.36%. The estimates for the next quarter sales put growth at 102.28%.
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 33.55%, but the outlook for the next 5-year period is at 6.26% per year.
IONQ Dividends
IonQ Inc is expected to release its next quarterly earnings report on 2025-May-07.
IonQ Inc (NYSE:IONQ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.22% of IonQ Inc shares while 38.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 39.91%. There are 38.63% institutions holding the IonQ Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.5955% of the shares, roughly 20.31 million IONQ shares worth $142.76 million.
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 Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 5.73 shares estimated at $229.68 million under it, the former controlled 2.19% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.92% of the shares, roughly 5.01 shares worth around $201.05 million.
