Craig-Hallum Reiterates Buy Rating on Quantinuum Inc. (QNT)
Craig-Hallum reaffirms its buy rating for Quantinuum with a $100 target, a 22.34% upside from the current price.
Key Points
- Craig-Hallum reiterated its buy rating on Quantinuum Inc. (QNT) with a price target of $100 as of June 29, 2026.
- Craig-Hallum's $100 price target implies 22.34% upside from Quantinuum Inc.'s ($QNT) current $81.74 share price.
- Shares of QNT traded near $81.74 on Wednesday, with a market cap of about $21.2 billion and a 52-week high of $82.3.
- Recent insider buying activity included several executives purchasing shares at $60 each on June 5, 2026.
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Quantinuum Inc. (NasdaqGM: QNT) received a vote of confidence from Craig-Hallum on June 29, 2026. The firm reiterated its buy rating for the technology company, setting a price target of $100. This move reflects continued optimism about Quantinuum's future prospects.
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Quantinuum Inc. Stock Up 63.7%
Shares of Quantinuum traded near $81.74 on Wednesday. The company, which specializes in quantum computing hardware and software, has a market cap of approximately $21.2 billion. Despite not being profitable, leading to no meaningful P/E ratio, Quantinuum's stock has shown resilience with a 52-week high of $82.3 and a low of $50.1. The stock's 50-day and 200-day moving averages are both around $63.29, indicating a recent upward trend.
$QNT price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Quantinuum Inc.
On June 5, 2026, several insiders at Quantinuum made significant purchases of company stock. Michal Stepniak bought 13,333 shares, while Joseph Jimenez acquired 66,665 shares. Vimal Kapur added 13,000 shares, and Eric Branderiz purchased 8,334 shares. Prineha Narang and CFO Nitesh Sharan also bought 200 and 6,500 shares, respectively. All transactions were executed at an average price of $60 per share.
Analysts Set New Price Targets
On June 29, 2026, several analysts initiated coverage on Quantinuum. Morgan Stanley started with a hold rating and a $78 target. UBS, JP Morgan, Jefferies, Cantor Fitzgerald, and Mizuho all initiated buy ratings, with targets ranging from $90 to $97. Craig-Hallum, which reiterated its buy rating, set a $100 target, while Rosenblatt was the most bullish with a $155 target. Overall, the consensus target among nine analysts is $93.
About Quantinuum Inc.
Quantinuum Inc., headquartered in Broomfield, Colorado, develops and manufactures quantum computing hardware and software. Founded in 2021, the company provides a comprehensive quantum computing platform that includes hardware systems, middleware, and application software. Under the leadership of CEO Nitesh Sharan, Quantinuum aims to make quantum computing accessible and practical for real-world applications. The company employs 679 people and operates both in the United States and internationally.
Bottom Line
Craig-Hallum's reiterated buy rating with a $100 target for Quantinuum Inc. underscores continued confidence in the company's growth potential. With insiders buying shares and several analysts initiating coverage, Quantinuum remains a company to watch. Investors should note that analyst ratings are forward-looking and subject to change.
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