Shares of Quantinuum Inc. (NASDAQ:QNT – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $98.75.
A number of research firms have issued reports on QNT. Morgan Stanley assumed coverage on Quantinuum in a report on Monday, June 29th. They issued an “equal weight” rating and a $78.00 target price on the stock. Bank of America initiated coverage on shares of Quantinuum in a research note on Monday, June 29th. They issued a “buy” rating and a $100.00 target price on the stock. Craig Hallum began coverage on shares of Quantinuum in a report on Monday, June 29th. They issued a “buy” rating and a $100.00 target price on the stock. Rosenblatt Securities began coverage on Quantinuum in a research report on Monday, June 29th. They issued a “buy” rating and a $155.00 price objective for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Quantinuum in a research note on Monday, June 29th. They issued an “overweight” rating and a $97.00 target price for the company.
Get Our Latest Stock Analysis on Quantinuum
Insider Activity at Quantinuum
Quantinuum Stock Up 2.9%
Shares of NASDAQ:QNT opened at $56.46 on Friday. Quantinuum has a 1 year low of $50.10 and a 1 year high of $86.79.
Quantinuum Company Profile
Quantinuum is a quantum computing company focused on developing hardware and software for commercial and scientific applications. The company provides access to its quantum systems, along with software tools and services designed to help customers explore use cases in areas such as optimization, materials science, chemistry, cybersecurity, and machine learning.
The company was formed through the combination of Honeywell Quantum Solutions and Cambridge Quantum in 2021. Quantinuum operates internationally and serves a range of customers across enterprise, government, and research markets.
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