Director William J. Teuber Jr. of IonQ, Inc. (NYSE:IONQ) purchased 3,000 shares of the company’s common stock at $38.385 per share, according to a Form 4 filing submitted to the Securities and Exchange Commission on February 27, 2026. The purchase amounted to $115,155. After the trade, Teuber directly holds 9,413 shares of IonQ.
At the time of the filing, IonQ was trading near $38.37 and carried a market capitalization of $14 billion. The stock has returned 56% over the past year. InvestingPro analysis cited in regulatory filings suggests the shares are slightly overvalued at current levels, and further valuation and growth detail are available in the Pro Research Report covering this company and more than 1,400 other U.S. equities.
IonQ’s recent operating results include fourth-quarter 2025 revenue of $61.9 million, a sequential increase of 55.2% that surpassed analysts’ expectations of $40.4 million. Company filings attribute the revenue gain to diversification across IonQ’s product portfolio.
Separately, IonQ has filed a prospectus supplement with the SEC related to the resale of more than 5.1 million shares of its common stock by certain selling stockholders. The company also reported a successful deployment of a quantum network across Romania’s infrastructure, creating one of Europe’s largest operational quantum key distribution networks with 36 quantum-secured links.
Analyst coverage has shifted in recent weeks. Benchmark lowered its price target to $65 from $75 while maintaining a Buy rating, citing concerns about the company’s revenue mix even as it noted that IonQ’s core computing business grew significantly year-over-year. Morgan Stanley raised its price target to $37 from $35 and kept an Equalweight rating, acknowledging IonQ’s strong growth but emphasizing that commercialization of quantum technology remains uncertain. Needham lowered its price target to $65 from $80 and retained a Buy rating, pointing to sector compression concerns.
The director purchase, the company’s revenue surprise, the prospectus supplement for resale of shares, the Romania quantum-secured network deployment, and recent analyst target changes together paint a mixed picture of internal buying, operational momentum, and lingering market and valuation questions.
Note: This article contains information drawn from SEC filings, company reports and analyst notes as described above.