Horizon Quantum Holdings Ltd. (HQ)Technology | Software - Infrastructure | Singapore, Singapore | NasdaqCM
21.38 USD
-1.61
(-7.003%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 6:01 a.m. EDT
The investment case for Horizon Quantum is fundamentally broken. The company reports negative earnings, negative operating cash flow, and a massive operating loss relative to revenue, resulting in a negative forward P/E and a price-to-sales ratio that is mathematically absurd. While the balance sheet shows low debt, the business is burning cash with no visible path to profitability. The market has already priced in a disaster, evidenced by the stock trading near its 52-week low despite a recent spike. The options market confirms this pessimism, with traders buying heavy protection at levels far below the current price, betting on a collapse rather than a recovery. With no dividend to offset the capital destruction and a lack of proven revenue traction, this is a speculative trap disguised as a quantum opportunity. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.343653 |
| AutoTheta | 0.365395 |
| AutoETS | 0.366540 |
| AutoARIMA | 0.366552 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 16% |
| H-stat | 71.66 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.017 |
| Excess Kurtosis | -0.43 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 0.462 |
| Revenue per Share | 0.002 |
| Market Cap | 1,102,740,480 |
| Forward P/E | -47.51 |
| Beta | 0.11 |
| Website | https://www.horizonquantum.com |
As of July 11, 2026, 6:01 a.m. EDT: Speculators are aggressively positioning for a significant downside move. Put volume and open interest vastly exceed call volume across all expirations, particularly in deep out-of-the-money strikes (15 strike) where put volume dwarfs call volume. This indicates a strong speculative consensus that the stock will trade significantly lower, likely testing the $15 level, rather than rallying toward the $40 targets implied by some call open interest.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.3340101 |
| Address1 | 29 Media Circle |
| Address2 | #05-22/23/24 |
| All Time High | 45.0 |
| All Time Low | 8.29 |
| Ask | 27.09 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 600,580 |
| Average Daily Volume3 Month | 683,604 |
| Average Volume | 683,604 |
| Average Volume10Days | 600,580 |
| Beta | 0.112 |
| Bid | 16.24 |
| Bid Size | 2 |
| Book Value | 1.626 |
| City | Singapore |
| Country | Singapore |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 21.38 |
| Current Ratio | 31.322 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 23.0 |
| Day Low | 21.0 |
| Debt To Equity | 0.462 |
| Display Name | Horizon Quantum |
| Ebitda | -18,893,882 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -53.273 |
| Enterprise To Revenue | 25,945.387 |
| Enterprise Value | 1,006,525,376 |
| Eps Current Year | -0.38 |
| Eps Forward | -0.45 |
| Eps Trailing Twelve Months | -0.55 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.5634 |
| Fifty Day Average Change | 4.816599 |
| Fifty Day Average Change Percent | 0.2907977 |
| Fifty Two Week Change Percent | 133.40102 |
| Fifty Two Week High | 45.0 |
| Fifty Two Week High Change | -23.62 |
| Fifty Two Week High Change Percent | -0.52488893 |
| Fifty Two Week Low | 8.29 |
| Fifty Two Week Low Change | 13.089999 |
| Fifty Two Week Low Change Percent | 1.5790107 |
| Fifty Two Week Range | 8.29 - 45.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,774,013,400,000 |
| Float Shares | 15,746,289 |
| Forward Eps | -0.45 |
| Forward P E | -47.511112 |
| Full Exchange Name | NasdaqCM |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 38,794 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.74559 |
| Held Percent Institutions | 0.24685 |
| Implied Shares Outstanding | 51,578,135 |
| Industry | Software - Infrastructure |
| Industry Disp | Software - Infrastructure |
| Industry Key | software-infrastructure |
| Ipo Expected Date | 2,026-03-20 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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. The tools automate the construction of quantum algorithms from classical code and support concurrent classical and quantum computation. The company serves software developers and professionals in technology industries, as well as users seeking to develop or optimize software for quantum hardware across various computational fields. The company was founded in 2018 and is based in Singapore. |
| Long Name | Horizon Quantum Holdings Ltd. |
| Market | us_market |
| Market Cap | 1,102,740,480 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_592356904 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -16,632,672 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,102,740,504 |
| Number Of Analyst Opinions | 1 |
| Open | 22.11 |
| Operating Cashflow | -12,740,411 |
| Operating Margins | -511.73145 |
| Payout Ratio | 0.0 |
| Phone | 65 6591 8840 |
| Pre Market Change | 0.6700001 |
| Pre Market Change Percent | 3.1337705 |
| Pre Market Price | 22.05 |
| Pre Market Time | 1,784,017,544 |
| Previous Close | 22.99 |
| Price Eps Current Year | -56.263157 |
| Price Hint | 2 |
| Price To Book | 13.14883 |
| Price To Sales Trailing12 Months | 28,425.543 |
| Profit Margins | 0.0 |
| Quick Ratio | 30.615 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -1.61 |
| Regular Market Change Percent | -7.00305 |
| Regular Market Day High | 23.0 |
| Regular Market Day Low | 21.0 |
| Regular Market Day Range | 21.0 - 23.0 |
| Regular Market Open | 22.11 |
| Regular Market Previous Close | 22.99 |
| Regular Market Price | 21.38 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 448,551 |
| Revenue Per Share | 0.002 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 31,833,549 |
| Shares Percent Shares Out | 0.015800001 |
| Shares Short | 815,505 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 317,035 |
| Short Name | Horizon Quantum Holdings Ltd. |
| Short Percent Of Float | 0.067 |
| Short Ratio | 0.58 |
| Source Interval | 15 |
| Symbol | HQ |
| Target High Price | 20.0 |
| Target Low Price | 20.0 |
| Target Mean Price | 20.0 |
| Target Median Price | 20.0 |
| Total Cash | 96,602,280 |
| Total Cash Per Share | 1.873 |
| Total Debt | 387,136 |
| Total Revenue | 38,794 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.55 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.382208 |
| Two Hundred Day Average Change | 6.9977913 |
| Two Hundred Day Average Change Percent | 0.4865589 |
| Type Disp | Equity |
| Volume | 448,551 |
| Website | https://www.horizonquantum.com |
| Zip | 138,565 |