IonQ Just Nabbed a Former JPMorgan Research Leader. How Should You Play the Quantum Computing Stock Here?

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robust security protocols at IonQ.Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock?Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025?Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now!IonQ stock has been in a sharp uptrend since early March, but is currently down 12% versus its high set in the final week of May.www.barchart.comPistoia brings a blend of deep technical expertise and industry credibility that will likely prove a strategic positive for IONQ shares moving forward.His track record includes pioneering quantum algorithms for financial modeling, fraud detection, AI, and setting a world record in quantum key distribution (QKD).Pistoia’s appointment strengthens the quantum-tech firm’s ability to forge high-value partnerships and accelerate adoption across industries like finance, logistics, and cybersecurity.It also reinforces the company’s roadmap toward scalable, secure quantum systems, an essential differentiator in a field where commercialization remains elusive.IonQ tapped Marco Pistoia as its new SVP only days before Rosenblatt Securities initiated coverage of the quantum stock with a “Buy” rating.The investment firm expects IONQ’s revenue to exceed $100 million this year, close to double in 2026, and hit the coveted $1 billion mark “over the next few years.”Rosenblatt sees IONQ stock rallying to $70 over the next 12 months (about 65% potential upside) as management remains committed to developing a quantum ecosystem, executing well on the product roadmap, and secure new partnerships to boost system sales.Note that the NYSE-listed firm is already collaborating with big names like AstraZeneca (AZN), Nvidia (NVDA), and Amazon (AMZN).Other Wall Street firms, however, are not nearly as bullish on IonQ shares as Rosenblatt Securities, primarily because the company is in its early innings only and has much to prove over the coming months and years.While the consensus rating on IONQ stock remains at “Strong Buy,” the mean target of about $44 implies just 7% upside from current levels. 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