Needham Rates Quantinuum (QNT) buy, $100 Price Target

Analyst N. Quinn Bolton sticks with a Buy rating as the quantum computing firm continues its growth trajectory, a 22.34% upside from the current price.

By EarningsIQ Research Desk · Published Jun 29, 2026, 7:01 AM EDT · Updated Jul 1, 2026, 2:01 AM EDT

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Needham rated Quantinuum Inc. ($QNT) "buy" with a $100 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).

QNT Quantinuum Inc.

$36.55 -35.33% past 3 months

Daily close · Oct 16, 2026

Key Points

Needham analyst N. Quinn Bolton reiterated a Buy rating and a $100.00 price target for Quantinuum Inc. (QNT) on June 29, 2026, suggesting potential upside from the current price of $81.74.
Quantinuum stock is trading near the top of its 52-week range and sits comfortably above its 200-day moving average of $59.15, supported by a strong current ratio of 15.48.
The broader analyst community is leaning toward a Strong Buy consensus on the stock, with 12 separate opinions and price targets reaching as high as $155.00.

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Needham Stands by Quantinuum Outlook

On June 29, 2026, Needham analyst N. Quinn Bolton reaffirmed a Buy rating on Quantinuum Inc. (NASDAQ: QNT) with a price target of $100.00. The firm's decision to keep its target steady indicates continued confidence in the company's path as a leader in quantum hardware and software. At the time of the report, shares of the Broomfield-based tech firm were trading at $81.74, meaning the analyst sees room for the stock to climb further.

Analyst rating track record

Needham vs. the S&P 500

YTD return +14.94% hypothetical

All-time return +83.15% S&P 500 +25.59%

vs. S&P 500 +57.56% ahead of the index

Hypothetical returns from Needham's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

Several other Wall Street firms have updated their views on the stock recently. On October 15, 2026, Morgan Stanley upgraded Quantinuum to Overweight and set a $62.00 price target, which was an adjustment from their earlier $78.00 target. Meanwhile, Rosenblatt has been one of the most optimistic voices, maintaining a Buy rating with a $155.00 price target on August 19, 2026. Bernstein also lifted its target slightly to $95.00 on August 12, 2026, while Cantor Fitzgerald held firm with a $90.00 target on that same day.

Overall, the stock carries a Strong Buy consensus. Across 12 analyst opinions, the average price target sits at $97.17, though individual estimates vary widely between $78.00 and $155.00.

Quantinuum Stock Performance

Quantinuum shares have shown steady strength, trading well above the 200-day moving average of $59.15. On Monday, the stock was priced at $81.74, which is toward the higher end of its 52-week range of $46.54 to $86.79. With a market value of about $2.01 billion, the company appears to have a healthy balance sheet, evidenced by a quick ratio of 15.30. This suggests the business has plenty of liquid assets to cover its short-term obligations as it scales its operations.

12-month forecast

$QNT price target

Quantinuum Inc. daily closes and this analyst's $100 target. Not advice.

Recent Financial Results

In its most recent financial reports, Quantinuum posted revenue of $22.97 million. While the company is growing its top line, it is not yet profitable, reporting a loss of $8.20 per share. Because the company is losing money, it does not have a meaningful P/E ratio. Investors are looking toward November 9, 2026, for the company's next scheduled earnings report to see if margins have improved.

Pioneering Quantum Solutions

Quantinuum is a pure-play quantum computing company that builds both the hardware and the software needed to run these advanced systems. It provides developer tools and application libraries aimed at making quantum computing useful for real-world problems. This focus on an integrated platform—combining the physical computers with the middleware to run them—is why many analysts see it as a central player in the emerging technology sector.

What's Ahead for QNT

Investors should keep an eye on upcoming quarterly results in November to track whether revenue continues to rise. While the $100.00 target from Needham is a positive sign, analyst ratings are opinions and can change as new financial data becomes available. The stock's current position near its yearly high suggests that much of the recent optimism may already be priced into the shares.