tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IonQ Appoints Inder M. Singh as CFO and COO

Story Highlights
IonQ Appoints Inder M. Singh as CFO and COO

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from IonQ ( (IONQ) ).

IonQ announced the appointment of Inder M. Singh as Chief Financial Officer and Chief Operating Officer, effective September 4, 2025. Singh, who brings over 30 years of financial and strategic leadership experience, is expected to support IonQ’s ambitious goal of reaching 2 million physical and 80,000 logical qubits by 2030. Singh’s previous roles include CFO of Arm and leadership positions at Unisys and Cisco, where he was instrumental in driving financial strategies and growth. His appointment is seen as a strategic move to strengthen IonQ’s financial foundation and scale its commercial reach, positioning the company for accelerated growth in quantum computing and networking.

The most recent analyst rating on (IONQ) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on IonQ stock, see the IONQ Stock Forecast page.

Spark’s Take on IONQ Stock

According to Spark, TipRanks’ AI Analyst, IONQ is a Neutral.

IonQ’s score is driven by strong strategic initiatives and revenue growth, but profitability challenges and valuation concerns weigh heavily. The earnings call highlights significant advancements, yet increased costs and losses remain critical risks.

To see Spark’s full report on IONQ stock, click here.

More about IonQ

IonQ, Inc. (NYSE: IONQ) is a leading company in the quantum computing and quantum networking industry, providing high-performance systems aimed at solving complex global problems. The company is known for its cutting-edge quantum computers, including IonQ Forte and IonQ Forte Enterprise, which have been instrumental in achieving significant performance results for partners like Amazon Web Services, AstraZeneca, and NVIDIA. IonQ is committed to advancing its technology roadmap to deliver the world’s most powerful quantum computers with 2 million qubits by 2030, enhancing innovation across various sectors such as drug discovery, materials science, and cybersecurity.

Average Trading Volume: 20,662,146

Technical Sentiment Signal: Buy

Current Market Cap: $12.8B

For a thorough assessment of IONQ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1