Craig-Hallum initiated coverage with a Buy rating and $100 price target, citing Quantinuum's execution and full-stack technology.
Craig-Hallum Sees Early Leadership For QNT in Quantum Space Craig-Hallum started coverage with a “Buy” rating and a $100 price target.
It also views quantum computing as an important component of future hybrid computing environments alongside traditional and accelerated computing.
Last month, the Trump administration unveiled a $2 billion initiative to strengthen the U.S. quantum computing industry.
Last week’s executive orders to develop a government-backed quantum computing platform have further solidified the sentiment.