Quantinuum Stock Rises as Morgan Stanley Names It Top Quantum Pick

Morgan Stanley upgraded Quantinuum (QNT) to Overweight and top pick in quantum computing, cutting its price target to $62 from $78. The stock rose 4.9% premarket. Morgan Stanley's framework favors Quantinuum over IonQ (IONQ) due to technical progress and execution, forecasting $2B revenue for QNT by 2030.

Quantinuum (QNT) shares rose 4.9% premarket after Morgan Stanley upgraded it to Overweight, citing superior technology and market execution. The price target was lowered to $62, implying 88% upside. Morgan Stanley estimates the quantum computing market could exceed $100 billion by 2040, with QNT as its top pick.

Morgan Stanley upgraded Quantinuum (QNT) to its top sector pick, citing its quantum computing leadership and growth potential. The stock rose 4.6% in premarket trading. Quantinuum's P/S ratio is 90.25, below its historical median of 140.7x, reflecting tempered growth expectations. The company has a GF Score of 12/100, indicating early-stage challenges. Insider buying and guru ownership trends are positive.

Quantinuum QNT rose 3.42% premarket after Morgan Stanley upgraded it to Overweight, citing its leadership in quantum computing. The price target was cut to $62 from $78. Morgan Stanley also initiated coverage of Infleqtion and Xanadu at Equalweight and kept IonQ IONQ at Equalweight, cutting its target to $43 from $49.

Morgan Stanley upgraded Quantinuum QNT to Overweight, citing its leadership in quantum computing technology and execution, despite lowering its price target to $62. Shares rose 4.6% premarket. The firm also rated IonQ IONQ, Infleqtion INFQ, and Xanadu XNDU as Equal-Weight. Analysts see a $100bn+ market by 2040 but note revenue is still small.

Morgan Stanley upgraded Quantinuum (QNT) to its top pick in quantum computing, forecasting a $100bn+ market by 2040. Shares rose 4.6% in premarket trading.