IQM Quantum Computers (NASDAQ:IQMX) Stock Has Average Target Price of $16.44

IQM Quantum Computers (NASDAQ:IQMX) has earned a consensus rating of “Hold” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. One 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 twelve-month price objective among analysts that have covered the stock in the last year is $16.44.

Several analysts have issued reports on the stock. TD Cowen started coverage on shares of IQM Quantum Computers in a research note on Friday, October 2nd. They set a “buy” rating on the stock. Zacks Research raised IQM Quantum Computers to a “hold” rating in a research report on Tuesday, October 6th. Weiss Ratings assumed coverage on IQM Quantum Computers in a report on Friday, September 25th. They set a “sell (d)” rating on the stock. BTIG Research started coverage on IQM Quantum Computers in a report on Monday, September 21st. They set a “buy” rating and a $20.00 price target on the stock. Finally, Rothschild & Co Redburn initiated coverage on IQM Quantum Computers in a research report on Monday, July 27th. They set a “neutral” rating and a $12.88 price target on the stock.

Institutional Investors Weigh In On IQM Quantum Computers

A number of institutional investors have recently bought and sold shares of the business. SLT Holdings LLC purchased a new position in IQM Quantum Computers during the 3rd quarter valued at about $775,000. Private Management Group Inc. purchased a new stake in shares of IQM Quantum Computers in the third quarter worth approximately $162,000. Finally, GAMMA Investing LLC acquired a new stake in shares of IQM Quantum Computers during the third quarter worth approximately $31,000.

IQM Quantum Computers Price Performance

IQMX stock opened at $7.85 on Monday. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of -5.73 and a beta of 0.78. IQM Quantum Computers has a 52-week low of $7.32 and a 52-week high of $15.10. The company’s 50 day moving average price is $9.79.

IQM Quantum Computers (NASDAQ:IQMX) last posted its quarterly earnings data on Thursday, November 5th. The quantum computing company reported ($0.93) EPS for the quarter. Equities research analysts predict that IQM Quantum Computers will post -3.30 EPS for the current fiscal 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.