S&P 500 climbs, but Nvidia slip keeps lid on gains
Rima Alameddine, Chief Revenue Officer of IonQ, Inc. (NYSE:IONQ), sold 100,000 shares of common stock on November 20, 2025. The shares were sold at a weighted average price of $46.8906, for a total transaction value of $4,689,060. The prices for the sales ranged from $43.59 to $49.41. The quantum computing company’s stock has since retreated to $41.71, reflecting recent volatility. With a market capitalization of $14.77 billion, InvestingPro analysis indicates the stock is trading above its Fair Value.
Following the transaction, Alameddine directly owns 432,616 shares of IonQ, Inc. The company has demonstrated impressive revenue growth of 113% over the last twelve months, though InvestingPro data shows it remains unprofitable with a diluted EPS of -$5.91.
The sale was executed under a Rule 10b5-1 trading plan adopted on March 14, 2025, and amended on August 21, 2025. Despite recent price weakness, with the stock down 11.59% over the past week, analyst sentiment remains positive with a consensus recommendation of 1.78 (Buy) and price targets ranging from $47 to $100. InvestingPro offers 13 additional insights on IONQ, including its financial health assessment and comprehensive Pro Research Report, available for subscribers seeking deeper analysis.
In other recent news, IonQ announced its acquisition of Skyloom Global, a company specializing in optical communications infrastructure. This strategic move is anticipated to enhance IonQ’s quantum-secure communications capabilities by integrating Skyloom’s high-performance optical link technology, potentially boosting data throughput by up to 500% and reducing latency from hours to under one hour. Additionally, IonQ has appointed Scott Millard as its new Chief Business Officer. Millard, who previously led a $20 billion organization at Dell Technologies, will report directly to IonQ’s Chairman and CEO, Niccolo de Masi.
JPMorgan recently initiated coverage of IonQ stock with a Neutral rating and set a price target of $47, recognizing IonQ’s potential to lead in quantum computing technology. IonQ is also set to showcase its quantum computing advancements at the SuperCompute 2025 conference in St. Louis, where it will participate in various sessions, including a plenary panel with industry leaders. These developments highlight IonQ’s ongoing efforts to advance its position in the quantum computing field.
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