Quantum computing provider Quantinuum stands to benefit as quantum computing adoption grows, Mizuho says in a note, initiating coverage with a $90 price target and an outperform rating. Analyst Vijay Rakesh estimates the quantum computing industry to grow from about a $1.1 billion a year run-rate in 2025 to approximately $15 billion in 2030 and $205 billion in 2035. Rakesh expects Quantinuum's 2031 revenue to be about $4.7 billion, growing at a near 131% CAGR from 2025-2031. ([email protected])
Dow Jones Newswires
Quantinuum Seen Gaining Share as Quantum Computing Market Scales — Market Talk
- Sources
- Dow Jones Newswires
- Markets
- Stocks
- Active symbols
- NASDAQ:QNT
- Language
- English
Quantum computing provider Quantinuum stands to benefit as quantum computing adoption grows, Mizuho says in a note, initiating coverage with a $90 price target and an outperform rating. Analyst Vijay Rakesh estimates the quantum computing industry to grow from about a $1.1 billion a year run-rate i…