- Price
- $13.66
- Day
- +6.30%
- Mkt Cap
- $2.98B
- 52W Range
- $8.52 – $21.28
- Volume
- 15.42M
- Beta
- 4.32
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Infleqtion Inc. (NYSE:INFQ) had an eventful past month that included second-quarter earnings, a new NASA contract and a series of analyst moves.
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Infleqtion (NYSE:INFQ) stock is climbing 6% to $14.32 in early Thursday trading after the quantum-technology company confirmed a $20 million follow-on contract from NASA.
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LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today announced NASA has awarded the company a $20 million follow-on contract to continue development of the Quantum Gravity Gradiometer Pathfinder (QGGPf), a mission led by NASA's Jet Propulsion Laboratory (JPL) that is designed to fly the world's first space-based quantum gravity sensor. The award brings NASA's investment in the program to $.
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The consensus price target hints at a 54.2% upside potential for Infleqtion, Inc. (INFQ). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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Many stocks are sliding today, but one segment is falling faster than most. Invesco QQQ Trust (NASDAQ:QQQ) is down 0.7% to $708.26 in Monday afternoon trading, a soft but unremarkable session for the NASDAQ 100.
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LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, has helped Japan reach a major quantum milestone, supporting a research team led by Professor Kenji Ohmori at the Institute for Molecular Science (IMS), part of the National Institutes of Natural Sciences, in launching the country's first operational neutral-atom full-stack quantum computer. Infleqtion was also the only foreign quantum partner.
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IonQ, Quantinuum, and Infleqtion look like the three best quantum stocks to buy.
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Friday's tape in quantum computing reveals how to own the theme.
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