Currently, there are 221.92M common shares owned by the public and among those 204.73M shares have been available to trade.
The company’s stock has a 5-day price change of 26.16% and -19.30% over the past three months. IONQ shares are trading -37.54% year to date (YTD), with the 12-month market performance up to 226.13% higher. It has a 12-month low price of $6.22 and touched a high of $54.74 over the same period. IONQ has an average intraday trading volume of 22.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.11%, -6.95%, and 22.14% respectively.
Institutional ownership of IonQ Inc (NYSE: IONQ) shares accounts for 39.38% of the company’s 221.92M shares outstanding.
It has a market capitalization of $5.81B and a beta (3y monthly) value of 2.31. The earnings-per-share (ttm) stands at -$1.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 17.46% over the week and 12.15% over the month.
Earnings per share for the fiscal year are expected to increase by 26.28%, and -4.35% over the next financial year. EPS should grow at an annualized rate of 14.65% over the next five years, compared to -85.81% over the past 5-year period.
Looking at the support for the IONQ, a number of firms have released research notes about the stock. DA Davidson stated their Buy rating for the stock in a research note on December 19, 2024, with the firm’s price target at $50. Craig Hallum coverage for the IonQ Inc (IONQ) stock in a research note released on August 11, 2023 offered a Buy rating with a price target of $21. Morgan Stanley was of a view on April 26, 2023 that the stock is Equal-Weight, while Needham gave the stock Buy rating on June 08, 2022, issuing a price target of $9. Goldman on their part issued Neutral rating on November 22, 2021.
