Analyst Consensus ?
ConsensusBuy4 ratings
Bullish4100.0%
Neutral00.0%
Bearish00.0%
Quantinuum Inc. Class A Common Stock · QNT · FY2026 Q2 · Calendar Q3 2026
Quantinuum raises 2026 revenue guidance as quantum roadmap advances
Quantinuum's Q2 update strengthened its commercial and technology roadmap, but contract timing, deployment demand and fault-tolerant execution remain key tests.
Reported After market closeNASDAQTechnology
$12.81B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$-0.28
Consensus $-0.26
EPS surprise
-8.0%
Reported versus consensus
Reported revenue
$8.0M
Consensus $7.6M
Revenue surprise
+5.0%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+28.0%
Event window
SPY move
+0.3%
Same window
Abnormal move
+27.7%
Stock minus SPY
Volume
3.5×
Versus trailing sessions
Subsequent drift
-32.2%
Up to 20 sessions
QNTSPY benchmark
Ask FN2 about QNT FY2026 Q2
Transcript, numbers and history already loaded
Why did QNT rise 28.0% after missing EPS estimates in FY2026 Q2?What changed in QNT's guidance and outlook in FY2026 Q2?Give me the bull and bear case for QNT after FY2026 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The quarter added new commercial and technical milestones: an Oracle on-premise Helios installation, a CHIPS R&D letter of intent, a new error-correction code family, and higher 2026 revenue guidance.
Guidance delta
Management raised 2026 revenue guidance to $28–32 million.
Key takeaways
- Q2 revenue reached $8 million, up 279% year over year.
- Bookings totaled $81 million year to date.
- Sol remains targeted for delivery in the second half of 2027; Apollo remains targeted for 2029.
- Oracle, HPE and manufacturing partners are supporting broader deployments and supply-chain development.
- One-time IPO costs and stock-based compensation weighed on profitability, while management expects long-term margins above 50% as software mix grows.
Management priorities
- Deliver Sol with 192 physical qubits and 100 logical qubits in the second half of 2027.
- Continue Apollo design and prototyping toward a 2029 launch.
- Expand hybrid quantum-classical offerings through Oracle Cloud and HPE HPC platforms.
- Scale manufacturing partnerships and the developer ecosystem.
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Try FN2 freeAnalyst 52W Price Targets
$51.67Current
$85Low
$93.44Average
$100High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 21, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Rosenblatt | Buy | Buy | Maintain | Aug 19, 2026 |
| Needham | Buy | Buy | Maintain | Aug 12, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Aug 12, 2026 |
| Bernstein | Outperform | Outperform | Maintain | Aug 12, 2026 |
Named analyst price targets
Upside is calculated against the persisted current price $51.67. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Bernstein | Analyst unavailable | $95 | $64.11 | +83.9% | Aug 12, 2026 |
| Jefferies | Analyst unavailable | $85 | $56.06 | +64.5% | Aug 12, 2026 |
| Craig-Hallum | Analyst unavailable | $100 | $75.57 | +93.5% | Jun 29, 2026 |
| Needham | Analyst unavailable | $100 | $75.57 | +93.5% | Jun 29, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $90 | $75.57 | +74.2% | Jun 29, 2026 |
| Evercore ISI | Analyst unavailable | $98 | $75.57 | +89.7% | Jun 29, 2026 |
| UBS | Analyst unavailable | $93 | $75.57 | +80.0% | Jun 29, 2026 |
| Mizuho Securities | Vijay Rakesh | $90 | $75.57 | +74.2% | Jun 29, 2026 |
| UBS | Analyst unavailable | $78 | $75.57 | +51.0% | Jun 29, 2026 |
| Jefferies | Kevin Garrigan | $90 | $75.57 | +74.2% | Jun 29, 2026 |
Track every rating change on QNT the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationQuantinuum Inc. manufactures and develops quantum computing hardware and software in United States and Internationally. The company develops a quantum computing platform that offers solutions, such as hardware platforms, developer tools, application libraries, and solution-targeted intellectual property. Its integrated quantum computing platform combines quantum hardware systems and middleware with application software designed to make quantum computing deployable in real-world environments. The company was founded in 2021 and is based in Broomfield, Colorado.
Technology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ADBE Adobe Inc. | FY2026 Q3 · Calendar Q3 2026 | +0.8% | +1.4% | Adobe raises FY26 outlook as AI strategy broadens |
| ORCL Oracle Corporation | FY2027 Q1 · Calendar Q3 2026 | +10.3% | -1.7% | Oracle raises FY27 outlook as AI demand accelerates cloud growth |
| SAIL SailPoint, Inc. | FY2027 Q2 · Calendar Q3 2026 | +13.8% | -1.2% | SailPoint pairs 25% ARR growth with accelerating AI-driven adoption |
| CIEN Ciena Corporation | FY2026 Q3 · Calendar Q3 2026 | +22.0% | -10.4% | Ciena raises outlook as AI networking demand lifts backlog |
| DOCU DocuSign, Inc. | FY2027 Q2 · Calendar Q3 2026 | +6.4% | +3.7% | DocuSign Q2 FY27: IAM momentum supports a raised outlook |
| IOT Samsara Inc. | FY2027 Q2 · Calendar Q3 2026 | +25.0% | +3.7% | Samsara: AI adoption expands as FY27 guidance holds |
Latest beats and misses
Who reports nextBeat on EPS
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
- CASYFY2027 Q1 · September 8, 2026+8.7% EPS-14.2% move
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Sources
- Earnings call transcript and parsed analysis · 2026-08-12T14:19:03.838249+00:00
- FN2 earnings calendar · 2026-09-16T01:23:13.900088+00:00
- Polygon adjusted daily market bars · 2026-09-21T18:10:50.579845+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-21T18:10:50.577437+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated . For educational purposes only; not investment advice.