Infleqtion (NYSE:INFQ – Get Free Report) has been given a consensus rating of “Moderate Buy” by the eight brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $20.60.
A number of research analysts have recently issued reports on INFQ shares. Zacks Research upgraded Infleqtion to a “hold” rating in a research report on Monday, June 29th. UBS Group assumed coverage on shares of Infleqtion in a research report on Wednesday, April 29th. They set a “buy” rating for the company. Craig Hallum initiated coverage on shares of Infleqtion in a research report on Wednesday, July 22nd. They set a “buy” rating and a $19.00 price objective for the company. Citigroup assumed coverage on shares of Infleqtion in a report on Tuesday, April 14th. They set a “buy” rating and a $20.00 price objective on the stock. Finally, Wedbush initiated coverage on shares of Infleqtion in a research report on Friday, June 26th. They issued an “outperform” rating and a $20.00 target price on the stock.
Get Our Latest Stock Analysis on INFQ
Insider Buying and Selling
Infleqtion Stock Up 9.1%
NYSE INFQ opened at $9.78 on Tuesday. The firm has a market cap of $2.13 billion and a PE ratio of -108.69. The business has a 50-day simple moving average of $13.18. Infleqtion has a twelve month low of $8.52 and a twelve month high of $27.50.
Infleqtion (NYSE:INFQ – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The quantum tech company reported ($0.83) EPS for the quarter. As a group, equities analysts anticipate that Infleqtion will post -0.47 EPS for the current fiscal year.
Infleqtion Company Profile
We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
Featured Stories
- Five stocks we like better than Infleqtion
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for Infleqtion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Infleqtion and related companies with MarketBeat.com's FREE daily email newsletter.
