Quantinuum (NASDAQ:QNT) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Quantinuum (NASDAQ:QNT) from a sell rating to a hold rating in a research note published on Saturday morning,Wall Street Zen reports.

Other analysts also recently issued research reports about the company. Morgan Stanley raised Quantinuum from an “equal weight” rating to an “overweight” rating and reduced their price objective for the stock from $78.00 to $62.00 in a research note on Thursday, October 15th. Needham & Company LLC lowered their target price on Quantinuum from $100.00 to $60.00 and set a “buy” rating for the company in a research report on Friday. Rosenblatt Securities reissued a “buy” rating and issued a $155.00 target price on shares of Quantinuum in a report on Thursday, October 22nd. Weiss Ratings assumed coverage on shares of Quantinuum in a research report on Monday, August 31st. They issued a “sell (d)” rating on the stock. Finally, Cantor Fitzgerald reduced their price target on shares of Quantinuum from $90.00 to $55.00 and set an “overweight” rating on the stock in a research report on Friday. Thirteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Quantinuum currently has a consensus rating of “Moderate Buy” and an average price target of $85.62.

Quantinuum Stock Up 26.0%

Shares of QNT stock opened at $37.57 on Friday. The company has a market capitalization of $9.89 billion and a PE ratio of -134.18. Quantinuum has a 12-month low of $28.31 and a 12-month high of $86.79. The stock has a 50-day moving average price of $43.41.

Quantinuum (NASDAQ:QNT) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.29) EPS for the quarter, beating analysts’ consensus estimates of ($0.99) by $0.70. The firm had revenue of $9.05 million for the quarter. As a group, research analysts forecast 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 company. Russell Investments Group Ltd. bought a new stake in shares of Quantinuum in the 3rd quarter worth about $97,000. Pier 88 Investment Partners LLC bought a new position in Quantinuum during the 3rd quarter valued at about $154,000. Fifth Third Bancorp grew its holdings in Quantinuum by 1,530.2% during the 3rd quarter. Fifth Third Bancorp now owns 1,027 shares of the company’s stock valued at $49,000 after purchasing an additional 964 shares during the last quarter. State of Wyoming bought a new position in Quantinuum during the 3rd quarter valued at about $378,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Quantinuum in the 3rd quarter worth about $206,000.

More Quantinuum News

Here are the key news stories impacting Quantinuum this week:

• Positive Sentiment: Quantinuum beat third-quarter expectations, reporting a loss of $0.29 per share versus the $0.99 loss analysts expected. Revenue rose 233% year over year to $9.05 million, and the company raised its full-year 2026 revenue outlook. The report also noted that gross margin turned positive, although expenses are increasing. Quantinuum Q3 results and outlook
• Positive Sentiment: Commercial traction strengthened: Quantinuum said it secured its largest cloud agreement to date, expanded access through a hyperscaler and an Oracle beta launch, and saw platform adoption rise nearly 20% quarter over quarter. These developments could help build future revenue. Quantinuum Q3 results and outlook
• Positive Sentiment: The company outlined its Nexus developer-platform roadmap, connecting application development with future hardware, including its planned Apollo fault-tolerant quantum computer. The roadmap and reported technical milestones could strengthen Quantinuum’s longer-term competitive position. Nexus roadmap announcement
• Negative Sentiment: Some analysts lowered their forecasts and price targets after the results. Cantor Fitzgerald cut its target from $90 to $55 and Needham lowered its target from $100 to $60, though both retained positive ratings—Overweight and Buy, respectively. The cuts may temper enthusiasm despite the earnings beat. Analysts cut forecasts after Q3 results

Quantinuum Company Profile

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.