Evercore ISI Reiterates Buy Rating on Quantinuum Inc.
Evercore ISI reaffirms its buy rating for Quantinuum Inc. with a $98 target, a 19.89% upside from the current price.
Key Points
- Evercore ISI Group reiterated its buy rating for Quantinuum Inc. (NasdaqGM:QNT) with a target price of $98 on June 29, 2026.
- Evercore ISI Group's $98 price target implies 19.89% upside from Quantinuum Inc.'s ($QNT) current $81.74 share price.
- Quantinuum Inc. shares traded at $81.74 on Wednesday, with a market cap of about $21.19 billion and a 52-week high of $82.3.
- Several analysts have also initiated coverage, with UBS and JP Morgan setting buy ratings and targets of $93 and $97, respectively.
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Evercore ISI Group has reiterated its buy rating for Quantinuum Inc. (NasdaqGM:QNT) and set a target price of $98. This reaffirmation came on June 29, 2026, as analyst Mark Lipacis expressed confidence in the company's future prospects. On Wednesday, shares of Quantinuum traded at $81.74.
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Quantinuum Inc. Stock Up 63.7%
Shares of NasdaqGM:QNT traded near $81.74 on Wednesday. Quantinuum Inc. has a market cap of approximately $21.19 billion. The company isn't currently profitable, as indicated by its negative forward P/E ratio of -52.22. The stock has a 52-week low of $50.1 and a high of $82.3. Its 50-day and 200-day moving averages stand at $63.29. The company boasts a strong liquidity position with a current ratio of 11.04 and a quick ratio of 10.66, alongside a debt-to-equity ratio of 1.61.
$QNT price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Quantinuum Inc.
Several insiders at Quantinuum Inc. made notable purchases on June 5, 2026. Michal Stepniak bought 13,333 shares, Joseph Jimenez acquired 66,665 shares, and Vimal Kapur added 13,000 shares, all at an average price of $60. Additionally, Chief Financial Officer Nitesh Sharan purchased 6,500 shares at the same price. These transactions were not part of any planned trading programs.
Analysts Set New Price Targets
On June 29, 2026, a wave of analyst coverage began for Quantinuum Inc. Morgan Stanley initiated coverage with a hold rating and a $78 target. UBS and JP Morgan both started with buy ratings, setting targets at $93 and $97, respectively. Jefferies, Cantor Fitzgerald, and Craig-Hallum also initiated buy ratings, with targets of $90, $90, and $100. Rosenblatt was notably bullish, setting a target of $155. Overall, the consensus among nine analysts is a buy rating, with a mean target price of $93.
About Quantinuum Inc.
Quantinuum Inc. is a technology company based in Broomfield, Colorado. It specializes in developing quantum computing hardware and software. The company offers a comprehensive quantum computing platform that includes hardware, developer tools, and application libraries. Founded in 2021, Quantinuum aims to make quantum computing accessible for real-world applications. It is led by CEO Mr. Nitesh Sharan and employs 679 people.
Bottom Line
Evercore ISI's reiterated buy rating for Quantinuum Inc. highlights ongoing confidence in the company's potential. The analyst coverage and insider buying activity suggest interest in the stock's prospects. Investors should note that these ratings reflect expectations and are not current holdings or recommendations.
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