There’s Still Time to Buy IonQ Inc (NYSE:IONQ) Stock

The price of IonQ Inc (NYSE:IONQ) shares last traded on Wall Street fell -0.10% to $39.70.

IONQ stock price is now 24.05% away from the 50-day moving average and 48.50% away from the 200-day moving average. The market capitalization of the company currently stands at $10.39B.

With the price target of $50, DA Davidson recently initiated with Buy rating for IonQ Inc (NYSE: IONQ). On August 11, 2023, Craig Hallum reiterated its ‘Buy’ rating on the stock by increasing its target price from $12 to quote $21, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’

In other news, GABRIELLE B TOLEDANO, Director bought 792 shares of the company’s stock on Jun 11 ’25. The stock was bought for $31,474 at an average price of $39.74. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 11 ’25, Director ROBERT CARDILLO bought 10,058 shares of the business’s stock. A total of $399,705 was incurred on buying the stock at an average price of $39.74. A total of 4.90% of the company’s stock is owned by insiders.

During the past 12 months, IonQ Inc has had a low of $6.22 and a high of $54.74. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 13.17, and a quick ratio of 12.67.

The net profit margin was -753.20% and return on equity was -52.11% for IONQ. The company reported revenue of $7.57 million for the quarter, compared to $7.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.21 percent.

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