IQM Quantum Computers (NASDAQ:IQMX) Hits New 1-Year Low – Here’s What Happened

Posted by George Bondi on Aug 6th, 2026

IQM Quantum Computers (NASDAQ:IQMX – Get Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $9.00 and last traded at $9.21, with a volume of 496268 shares. The stock had previously closed at $9.65.

Wall Street Analyst Weigh In

Separately, Rothschild & Co Redburn began coverage on IQM Quantum Computers in a research report on Monday, July 27th. They issued a “neutral” rating and a $12.88 price target on the stock. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, IQM Quantum Computers has a consensus rating of “Hold” and a consensus price target of $12.88.

View Our Latest Stock Report on IQMX

IQM Quantum Computers Price Performance

IQM Quantum Computers (NASDAQ:IQMX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The quantum computing company reported ($1.37) EPS for the quarter. The company had revenue of $7.77 million during the quarter.

About IQM Quantum Computers

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IQM Quantum Computers is a quantum computing company focused on developing superconducting quantum processors, quantum computers, and related software and services. The company works to make quantum technology available for research institutions, enterprises, and other organizations seeking to explore and apply quantum computing in practical settings.

Founded in Finland, IQM has positioned itself as a European developer in the quantum computing industry. Its offerings are centered on full-stack quantum computing solutions, including hardware, control systems, and cloud-based access to quantum resources, with an emphasis on helping customers experiment with and build quantum applications.

The company serves customers and collaborators in Europe and other international markets through its commercial and research relationships.