$QNT

Update: Quantinuum Shares Rise After Q2 Revenue Beat, Better-Than-Expected 2026 Revenue Guidance

(Updates with the company's latest stock move in the headline and in the first paragraph.)Quantinuum (QNT) shares were up 23% in Wednesday trading after the company reported higher-than-expected Q2 revenue and guided its full-year revenue above analyst expectations late Tuesday.The quantum computing company reported a quarterly adjusted loss late Tuesday of $0.28 per diluted share.Analysts polled by FactSet expected a loss of $0.26.Revenue in the three months ended June 30 rose to $8 million from $2.11 million a year earlier.Analysts projected $7.6 million.The company expects 2026 revenue of $28 million to $32 million. Analysts project $26.5 million.Price: $69.07, Change: $+13.01, Percent Change: +23.21%

Quantinuum Seen as Quantum Computing Leader in Early-Stage Industry, Morgan Stanley Says

Quantinuum (QNT) has emerged as one of the strongest companies in quantum computing, backed by its trapped-ion technology, ability to execute its roadmap, and expanding network of commercial and government partnerships, Morgan Stanley said in a note Monday.However, the industry is still in its early stages, with significant uncertainty around technology, commercialization, and competition, the firm said.The firm said no company has yet achieved large-scale fault-tolerant quantum computing, but recent progress in error correction, increased government investment, and more credible industry roadmaps suggest the path toward commercially useful quantum systems is becoming clearer.The firm projects Quantinuum's revenue growth to accelerate with the planned launch of Sol in 2027 and Apollo in 2029, reaching about $2.5 billion by 2030 as Quantinuum captures roughly 25% of a projected $10 billion quantum infrastructure market. The firm also expects earnings before interest, taxes, depreciation, and amortization to turn positive in 2029.Morgan Stanley initiated coverage of Quantinuum with an equalweight rating and a $78 price target.Price: $72.12, Change: $-3.45, Percent Change: -4.57%

BofA Securities Initiates Quantinuum at Buy With $100 Price Target

BofA Securities Initiates Quantinuum at Buy With $100 Price Target

Craig-Hallum Initiates Quantinuum at Buy With $100 Price Target

Rosenblatt Initiates Quantinuum at Buy With $155 Price Target

Needham Initiates Quantinuum at Buy With $100 Price Target

Evercore ISI Initiates Quantinuum at Outperform With $98 Price Target

TD Cowen Initiates Quantinuum at Buy

Morgan Stanley Initiates Quantinuum at Equalweight With $78 Price Target

JPMorgan Initiates Quantinuum at Overweight With $97 Price Target

Mizuho Initiates Quantinuum at Outperform With $90 Price Target

UBS Initiates Quantinuum at Buy With $93 Price Target

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Jefferies Initiates Quantinuum at Buy With $90 Price Target

Quantinuum Shares Rise in Nasdaq Debut

Quantinuum (QNT) shares rose 12% to $67.49 in their Nasdaq Global Market debut on Thursday.The stock opened at $68 and traded as high as $71.35 after the initial public offering of 28 million shares was priced at $60 each.Underwriters have a 30-day option to purchase up to an additional 4.2 million shares.The offering is expected to close Friday.Price: $67.49, Change: $+7.49, Percent Change: +12.48%