Evercore ISI Group Rates Quantinuum (QNT) buy, $98 Price Target
Evercore ISI maintains a buy rating on Quantinuum, setting a price target of $98, a 19.89% upside from the current price.
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Evercore ISI Group rated Quantinuum Inc. ($QNT) "buy" with a $98 price target on June 29, 2026.
Since the rating, $QNT is up 14.2% after 1 week, down 35.0% after 1 month and down 49.8% to date (from the $72.84 close on Jun 29, 2026).
Key Points
- Evercore ISI has reiterated its buy rating on Quantinuum Inc. with a target price of $98, up from the prior close of $51.58.
- Evercore ISI Group's $98 price target implies 19.89% upside from Quantinuum Inc.'s ($QNT) current $81.74 share price.
- Quantinuum's shares are currently trading at $81.74, showing significant movement from its 52-week low of $46.54.
- Analysts are generally optimistic, with a consensus rating of strong buy and a mean target price of about $97.17.
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Evercore ISI Maintains Buy Rating
On June 29, 2026, Evercore ISI Group reiterated its buy rating on Quantinuum Inc. (QNT) with a price target of $98. The stock is currently trading at $81.74, up from a previous close of $51.58.
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Analysts Set New Price Targets
This reiteration reflects confidence in Quantinuum's growth prospects as the company continues to develop its quantum computing technology. The target price suggests a potential upside for investors, considering the stock's current price.
How Quantinuum Inc. Stock Has Traded
Quantinuum's shares are currently trading at $81.74, significantly higher than its 52-week low of $46.54. This performance indicates a positive trend as the company positions itself in the growing quantum computing sector.
$QNT price target
Quantinuum Inc. daily closes and this analyst's $98 target. Not advice.
Recent Earnings
Quantinuum reported revenue of $22.97 million with a slight growth rate of 2.79%. The company has not been profitable yet, with an EPS of -$8.20. Its next earnings report is scheduled for November 9, 2026.
What Quantinuum Inc. Does
Quantinuum Inc., headquartered in Broomfield, Colorado, focuses on manufacturing quantum computing hardware and software. This technology is expected to play a crucial role in various industries, making the company's growth potential significant.
What to Watch at Quantinuum Inc.
Investors should keep an eye on the upcoming earnings report in November and any further analyst updates. The 13F filings will also provide insights into institutional holdings, reflecting market sentiment toward Quantinuum.
Source: Evercore ISI Group's rating change on $QNT (Jun 29, 2026). Written by software, not financial advice. How we make alerts