IonQ Inc (IONQ) receives a Buy rating from DA Davidson

IonQ Inc’s recently made public that its Executive Chair Chapman Peter Hume unloaded Company’s shares for reported $59.79 million on Jun 20 ’25. In the deal valued at $39.93 per share,1,497,311 shares were sold. As a result of this transaction, Chapman Peter Hume now holds 390,329 shares worth roughly $16.06 million.

Then, Chapman Peter Hume bought 1,497,311 shares, generating $59,699,293 in total proceeds.

Before that, Kramer Thomas G. sold 216,000 shares. IonQ Inc shares valued at $8,232,430 were divested by the Chief Financial Officer at a price of $38.11 per share. As a result of the transaction, Kramer Thomas G. now holds 718,516 shares, worth roughly $29.56 million.

DA Davidson initiated its IonQ Inc [IONQ] rating to a Buy in a research note published on December 19, 2024; the price target was $50. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in mid August has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley began covering IONQ with “an Equal-weight” recommendation on April 26, 2023. Needham started covering the stock on June 08, 2022. It rated IONQ as “a Buy”.

Price Performance Review of IONQ

On Monday, IonQ Inc [NYSE:IONQ] saw its stock jump 1.93%% to $41.14. Over the last five days, the stock has gained 8.72%. IonQ Inc shares have risen nearly 470.60% since the year began. Nevertheless, the stocks have fallen -1.51% over the past one year. While a 52-week high of $54.74 was reached on 01/07/25, a 52-week low of $6.22 was recorded on 03/11/25.

Levels Of Support And Resistance For IONQ Stock

The 24-hour chart illustrates a support level at 38.61, which if violated will result in even more drops to 36.08. On the upside, there is a resistance level at 42.44. A further resistance level may holdings at 43.74.

How much short interest is there in IonQ Inc?

A steep rise in short interest was recorded in IonQ Inc stocks on 2025-05-30, dropping by -8.16 million shares to a total of 35.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 44.14 million shares. There was a decline of -22.67%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 22, 2021 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $28 price target.

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