Barbara Humpton appointed as new CEO of USA Rare Earth

STILLWATER, Okla. - USA Rare Earth, Inc. (NASDAQ:USAR), currently valued at $1.69 billion, announced Monday that Barbara Humpton will become the company's new Chief Executive Officer, effective October 1, 2025. Humpton, who previously served as President and CEO of Siemens USA, will succeed Josh Ballard and join USAR's Board of Directors. According to InvestingPro data, the company's stock has shown remarkable strength, delivering a 191% return over the past six months.

Humpton brings extensive leadership experience in critical infrastructure, technology, and national defense sectors. During her 14-year tenure at Siemens, she helped grow the company into one of North America's largest industrial companies with more than $20 billion in revenues.

"Throughout my career, I have been motivated by being part of missions that matter, and there is nothing more critical to national and global security than securing a domestic supply chain for rare earth minerals and magnets," Humpton said in a statement released by the company. While the company maintains a strong liquidity position with a current ratio of 15.11, InvestingPro analysis reveals 12 additional key insights about USAR's financial health and market position.

Prior to her role at Siemens USA, Humpton served as President and CEO of Siemens Government Technologies. Her career also includes leadership positions at Booz Allen Hamilton and Lockheed Martin Corporation.

Humpton currently serves on the Board of Directors of the Federal Reserve Bank of Richmond and chairs the Board of the Center for Strategic and Budgetary Assessments.

USA Rare Earth is developing a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, and aims to establish domestic rare earth and critical minerals capabilities. The company's products serve various sectors including defense, automotive, aviation, and consumer electronics.

Ballard will remain with the company in a consulting capacity through October 31, 2025, according to the press release statement.

In other recent news, USA Rare Earth Inc. has been the subject of several notable developments. Cantor Fitzgerald raised its price target for the company to $20, citing impressive second-quarter 2025 results that reinforce their investment thesis. Similarly, Canaccord Genuity increased its price target to $21 due to changes in their financial model, including revised magnet price assumptions. Benchmark maintained its Buy rating with a $15 price target, highlighting strong customer interest and better-than-expected magnet sales forecast for 2026.

Additionally, USA Rare Earth announced a memorandum of understanding with Enduro Pipeline Services to supply U.S.-made neo magnets for advanced pipeline cleaning tools, with production set to begin in early 2026. This agreement marks a strategic collaboration to provide high-powered neodymium magnets for Enduro's "intelligent pigs," which are used in pipeline cleaning and inspection. These developments reflect a promising outlook for USA Rare Earth, as noted by several analyst firms.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.