<div id="readability-page-1"><p>IonQ, Inc. (NYSE:IONQ - Get Free Report) dropped 3.1% during trading on Wednesday following insider selling activity. The company traded as low as $48.73 and last traded at $49.8220. Approximately 10,321,618 shares were traded  during mid-day trading, a decline of 57% from the average daily volume of 24,118,711 shares. The stock had previously closed at $51.39.</p><ul><li>4 Quantum Stocks to Watch as the Next Computing Revolution Unfolds</li></ul><p>Specifically,  Director Kathryn K. Chou sold 5,000 shares of IonQ stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $55.00, for a total transaction of $275,000.00. Following the sale, the director owned 60,839 shares in the company, valued at $3,346,145. This trade represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. </p><h2>Analyst Upgrades and Downgrades</h2><p>IONQ has been the subject of several research analyst reports. B. Riley raised their target price on shares of IonQ from $75.00 to $100.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, September 22nd. Jefferies Financial Group assumed coverage on shares of IonQ in a report on Tuesday, December 16th. They set a &#34;buy&#34; rating and a $100.00 price objective for the company. DA Davidson raised their price objective on IonQ from $35.00 to $55.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday, November 6th. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of IonQ in a report on Wednesday, October 8th. Finally, Cantor Fitzgerald increased their price target on IonQ from $60.00 to $70.00 and gave the company an &#34;overweight&#34; rating in a research note on Friday, November 7th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $72.08.</p><ul><li>The Quantum Fleet: Investing in the New Quantum Standard</li></ul><p><b>Get Our Latest Report on IonQ</b></p><h2>IonQ Price Performance</h2><p>The stock has a market capitalization of $17.31 billion, a PE ratio of -9.31 and a beta of 2.62. The firm has a fifty day moving average price of $53.12 and a two-hundred day moving average price of $50.26. </p><ul><li>If D-Wave Is Too Risky, Consider These 3 Quantum ETFs for Diversification</li></ul><p>IonQ (NYSE:IONQ - Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported ($3.58) EPS for the quarter, missing the consensus estimate of ($0.44) by ($3.14). The firm had revenue of $39.87 million for the quarter, compared to analysts' expectations of $26.99 million. IonQ had a negative return on equity of 127.06% and a negative net margin of 1,836.32%.The company's revenue for the quarter was up 221.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.24) earnings per share.  On average, research analysts expect that  IonQ, Inc. will post -0.86 earnings per share for the current fiscal year. </p><h2>Institutional Investors Weigh In On IonQ</h2><p>Large investors have recently bought and sold shares of the company. Stone House Investment Management LLC increased its holdings in shares of  IonQ by 700.0% in the 3rd quarter. Stone House Investment Management LLC now owns 400 shares of the company's stock valued at $25,000 after acquiring an additional 350 shares during the period.  Ameriflex Group Inc. increased its holdings in shares of  IonQ by 485.7% in the third quarter. Ameriflex Group Inc. now owns 410 shares of the company's stock valued at $25,000 after purchasing an additional 340 shares during the period.  Hilltop National Bank raised its position in  IonQ by 112.5% during the 3rd quarter. Hilltop National Bank now owns 425 shares of the company's stock worth $26,000 after buying an additional 225 shares during the last quarter.  Financial Consulate Inc. purchased a new position in  IonQ during the third quarter worth about $29,000.  Finally, UMB Bank n.a. acquired a new position in  IonQ during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own  41.42% of the company's stock. </p><h2>About IonQ</h2> (Get Free Report)<p>IonQ, Inc engages in the development of general-purpose quantum computing systems in the United States. It sells access to quantum computers of various qubit capacities. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. It also provides contracts associated with the design, development, and construction of specialized quantum computing hardware systems; maintenance and support services; and consulting services related to co-developing algorithms on quantum computing systems.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than IonQ</li><li>[No Brainer Gold Play]: “Show me a better investment.”</li><li>Punch these codes into your ordinary brokerage account</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Terrifying reason Trump killed the U.S. penny?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in IonQ Right Now?</h2><p>Before you consider IonQ, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IonQ wasn't on the list.</p><p>While IonQ currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IONQ

<p>IonQ's stock dropped 3.1% after insider selling by Director Kathryn K. Chou, who sold 5,000 shares. The stock traded at $49.82, down from $51.39, with a significant decrease in trading volume. Analysts have mixed ratings, with a consensus "Hold" and a price target of $72.08. IonQ reported a quarterly revenue increase of 221.5% but missed EPS estimates. Institutional investors are actively trading IonQ shares.</p>

IonQ (NYSE:IONQ) Stock Price Down 3.1% Following Insider Selling