Shares of IQM Quantum Computers (NASDAQ:IQMX – Get Free Report) have received a consensus recommendation of “Hold” from the five research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $16.44.
A number of analysts have recently commented on the stock. Wall Street Zen lowered shares of IQM Quantum Computers from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Zacks Research raised IQM Quantum Computers to a “hold” rating in a research note on Tuesday, October 6th. Rothschild & Co Redburn began coverage on shares of IQM Quantum Computers in a research report on Monday, July 27th. They set a “neutral” rating and a $12.88 target price for the company. BTIG Research assumed coverage on IQM Quantum Computers in a report on Monday, September 21st. They set a “buy” rating and a $20.00 target price on the stock. Finally, Weiss Ratings started coverage on IQM Quantum Computers in a research note on Friday, September 25th. They issued a “sell (d)” rating for the company.
Get Our Latest Research Report on IQM Quantum Computers
Hedge Funds Weigh In On IQM Quantum Computers
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Private Management Group Inc. purchased a new stake in shares of IQM Quantum Computers during the third quarter worth approximately $162,000. SLT Holdings LLC acquired a new stake in shares of IQM Quantum Computers in the third quarter valued at about $775,000. Finally, GAMMA Investing LLC acquired a new stake in shares of IQM Quantum Computers in the 3rd quarter valued at $31,000.
IQM Quantum Computers Trading Up 4.5%
NASDAQ IQMX opened at $7.85 on Monday. The firm’s 50-day simple moving average is $9.79. IQM Quantum Computers has a one year low of $7.32 and a one year high of $15.10.
IQM Quantum Computers (NASDAQ:IQMX – Get Free Report) last posted its earnings results on Thursday, November 5th. The quantum computing company reported ($0.93) earnings per share for the quarter. On average, equities research analysts expect that IQM Quantum Computers will post -3.30 EPS for the current year.
Key Stories Impacting IQM Quantum Computers
Here are the key news stories impacting IQM Quantum Computers this week:
- Positive Sentiment: Commercial momentum strengthened: IQM booked a record €42.2 million in new Q3 orders, including its largest contract to date, and backlog reached €102.5 million—up 52% from the start of the year. Q3 interim report
- Positive Sentiment: Q3 revenue rose 51% year over year to €8.9 million. The company also reaffirmed its FY 2026 revenue outlook, giving investors a measure of guidance stability. Q3 results and outlook
- Neutral Sentiment: IQM reported €260.4 million in cash and cash equivalents at quarter-end, while noting that 31 quantum computers have been sold globally and 17 delivered. These figures provide context on its financial resources and commercial progress. Q3 interim report
- Negative Sentiment: The quarterly loss widened, and IQM reported earnings per share of -$0.93. Continued losses may temper enthusiasm about the company’s revenue and backlog growth. Q3 earnings results
IQM Quantum Computers Company Profile
IQM Quantum Computers is a Finnish quantum-computing company that develops full-stack quantum systems based on superconducting quantum processors. The company provides quantum hardware, control electronics, software and related integration services designed to help research institutions, businesses and public-sector organizations explore quantum applications.
Founded in 2018 by a group of quantum-technology researchers and entrepreneurs, including Chief Executive Officer and co-founder Jan Goetz, IQM has its headquarters in Espoo, Finland.
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