Wall Street Zen upgraded shares of Quantinuum (NASDAQ:QNT – Free Report) from a sell rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.
QNT has been the subject of a number of other reports. Morgan Stanley raised Quantinuum from an “equal weight” rating to an “overweight” rating and decreased their target price for the stock from $78.00 to $62.00 in a research report on Thursday, October 15th. Rosenblatt Securities reaffirmed a “buy” rating and set a $155.00 price target on shares of Quantinuum in a research report on Thursday, October 22nd. Jefferies Financial Group cut their price target on Quantinuum from $85.00 to $65.00 and set a “buy” rating for the company in a research note on Friday. JPMorgan Chase & Co. decreased their price objective on Quantinuum from $97.00 to $80.00 and set an “overweight” rating for the company in a report on Friday. Finally, Cantor Fitzgerald lowered their price objective on Quantinuum from $90.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday. Thirteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $81.77.
Read Our Latest Stock Report on QNT
Quantinuum Stock Up 6.6%
Quantinuum stock opened at $40.04 on Friday. Quantinuum has a twelve month low of $28.31 and a twelve month high of $86.79. The company’s 50 day moving average is $43.21.
Quantinuum (NASDAQ:QNT – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.99) by $0.70. The company had revenue of $9.05 million for the quarter. On average, equities analysts expect that Quantinuum will post -4.76 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. CoreCap Advisors LLC bought a new position in Quantinuum in the 3rd quarter worth about $32,000. Fifth Third Bancorp increased its position in shares of Quantinuum by 1,530.2% during the third quarter. Fifth Third Bancorp now owns 1,027 shares of the company’s stock valued at $49,000 after buying an additional 964 shares during the period. IFP Advisors Inc boosted its position in shares of Quantinuum by 1,150.0% in the third quarter. IFP Advisors Inc now owns 1,250 shares of the company’s stock valued at $60,000 after acquiring an additional 1,150 shares during the period. Russell Investments Group Ltd. purchased a new position in Quantinuum during the third quarter valued at approximately $97,000. Finally, Pier 88 Investment Partners LLC purchased a new position in Quantinuum during the third quarter valued at approximately $154,000.
Trending Headlines about Quantinuum
Here are the key news stories impacting Quantinuum this week:
- Positive Sentiment: Quantinuum raised its full-year 2026 revenue outlook to $31 million–$34 million. Q3 bookings were $98 million, bringing year-to-date bookings to $104 million, while expanding cloud partnerships and progress toward fault-tolerant quantum computing support its growth story. The company also beat the quarter’s consensus EPS estimate, reporting a loss of $0.29 per share versus an expected loss of $0.99. Q3 earnings-call highlights Long-term investor takeaways
- Neutral Sentiment: Management will participate in the Cantor Convergence conference Nov. 10–12. The announcement may provide an opportunity for investors to hear from executives, but it did not disclose a new business or financial development. Conference announcement
- Negative Sentiment: Multiple firms, including Bank of America, Needham, Cantor Fitzgerald, Jefferies and JPMorgan, reportedly cut their price targets, signaling more cautious expectations. Bank of America lowered its target from $85 to $50 but kept a Buy rating; its revised target was still above the cited share price. Bank of America rating update Needham price-target report
About Quantinuum
Quantinuum develops quantum computers, software and cybersecurity products for businesses, researchers and government organizations. Its work includes trapped-ion quantum systems, tools for programming and managing quantum applications, and services focused on quantum chemistry and data security.
The company was formed in 2021 through the combination of Honeywell Quantum Solutions and Cambridge Quantum, bringing together quantum hardware and software capabilities. Its offerings include the H-series quantum computers, the TKET software development kit and InQuanto, a platform for quantum chemistry research.
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