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Updated 1m ago
HQ logo

Horizon Quantum Holdings Ltd.NasdaqCM:HQ Stock Report

Market Cap US$730.8m
Updated 1m ago
Share Price
n/a
1Y2.0%
7D30.9%
1D0.2%
Portfolio Value
​
View

Horizon Quantum Holdings Ltd.

NasdaqCM:HQ Stock Report

Market Cap: US$730.8m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Horizon Quantum Holdings (HQ) Stock Overview

Develops programming tools and software that simplify and automate the process of developing applications for quantum computers. More details

HQ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Makes less than USD$1m in revenue ($175)

Currently unprofitable and not forecast to become profitable over the next 3 years


HQ Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
34.0% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Full Stack Quantum Software And Hardware Access Will Shape Future Earnings Potential

11
0
4

Top Community Narratives

HQ logo
Horizon Quantum Holdings
78.5% undervalued intrinsic discount

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years.

View narrative
SE
SectorAgnostic
Published 12 Jun
Read Narrative

Top Community Narratives

HQ logo
Horizon Quantum Holdings
78.5% undervalued intrinsic discount

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years.

View narrative
SE
SectorAgnostic
Published 12 Jun
Read Narrative

Top Analyst Narratives

HQ logo
Horizon Quantum Holdings
34.0% undervalued intrinsic discount

Full Stack Quantum Software And Hardware Access Will Shape Future Earnings Potential

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Published 19 Aug
Read Narrative
View all narratives

Horizon Quantum Holdings Ltd. Competitors

N-able

Symbol: NYSE:NABL
Market cap: US$725.4m

Rapid7

Symbol: NasdaqGM:RPD
Market cap: US$806.8m

OneSpan

Symbol: NasdaqCM:OSPN
Market cap: US$645.3m

Arteris

Symbol: NasdaqGM:AIP
Market cap: US$1.1b

Price History & Performance

Summary of share price highs, lows and changes for Horizon Quantum Holdings
Historical stock prices
Current Share PriceUS$13.54
52 Week HighUS$45.00
52 Week LowUS$8.29
Beta0.33
1 Month Change-32.06%
3 Month Change-59.45%
1 Year Change2.03%
3 Year Change29.69%
5 Year Changen/a
Change since IPO36.35%

Recent News & Updates

User avatar
New Narrative • Aug 19

Full Stack Quantum Software And Hardware Access Will Shape Future Earnings Potential

Catalysts About Horizon Quantum Holdings Horizon Quantum Holdings develops software and tools that aim to make quantum computers usable for real world computational problems. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Jun 12

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years.

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years. While the company is currently in a "trough" characterized by negative earnings and the volatility typical of a recent SPAC debut, its structural position as a hardware-agnostic software layer could prove indispensable as the quantum industry matures.

Recent updates

User avatar
New Narrative • Aug 19

Full Stack Quantum Software And Hardware Access Will Shape Future Earnings Potential

Catalysts About Horizon Quantum Holdings Horizon Quantum Holdings develops software and tools that aim to make quantum computers usable for real world computational problems. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Jun 12

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years.

Horizon Quantum Holdings (HQ) presents a compelling, if high-risk, thesis for a 2x valuation over the next two years. While the company is currently in a "trough" characterized by negative earnings and the volatility typical of a recent SPAC debut, its structural position as a hardware-agnostic software layer could prove indispensable as the quantum industry matures.

Shareholder Returns

HQUS SoftwareUS Market
7D30.9%-0.3%-0.1%
1Y2.0%-11.6%11.9%

Return vs Industry: HQ exceeded the US Software industry which returned -11.6% over the past year.

Return vs Market: HQ underperformed the US Market which returned 11.9% over the past year.

Price Volatility

Is HQ's price volatile compared to industry and market?
HQ volatility
HQ Average Weekly Movement22.4%
Software Industry Average Movement9.4%
Market Average Movement6.8%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.9%

Stable Share Price: HQ's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: HQ's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2018n/aJoe Fitzsimonswww.horizonquantum.com

Horizon Quantum Holdings Ltd. develops programming tools and software that simplify and automate the process of developing applications for quantum computers. The company provides programming tools that enable developers to construct reusable quantum circuits from functions written in classical languages such as C and C++. Its offerings include code portability features for compiling and optimizing quantum programs to map to various quantum hardware, and a web-based integrated development environment called Triple Alpha for writing, compiling, and deploying quantum software at different abstraction levels.

Horizon Quantum Holdings Ltd. Fundamentals Summary

How do Horizon Quantum Holdings's earnings and revenue compare to its market cap?
HQ fundamental statistics
Market capUS$730.78m
Earnings (TTM)-US$128.89m
Revenue (TTM)US$175.00
Over9,999x
P/S Ratio
-5.7x
P/E Ratio

Is HQ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HQ income statement (TTM)
RevenueUS$175.00
Cost of RevenueUS$0
Gross ProfitUS$175.00
Other ExpensesUS$128.89m
Earnings-US$128.89m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-2.39
Gross Margin100.00%
Net Profit Margin-73,648,797.14%
Debt/Equity Ratio0%

How did HQ perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 08:48
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Horizon Quantum Holdings Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard ShannonCraig-Hallum Capital Group LLC
Nathaniel Quinn BoltonNeedham & Company

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