IQM Quantum Computers Oyj (IQMX)Technology | Computer Hardware | Espoo, Finland | NasdaqGS
10.59 USD
-0.22
(-2.035%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 10.88 +0.29 (2.772%) ⇧ (Aug. 28, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:31 a.m. EDT
The immediate outlook remains neutral despite a recent price bounce, as the underlying business faces severe headwinds. Fundamentally, the company is burning cash with negative operating margins and negative free cash flow, while trading at a massive premium to sales (over 150x) with no earnings to justify the valuation. The balance sheet is fragile, carrying significant debt relative to its tiny equity base. While the recent price action shows some resilience, the statistical forecast model leans slightly negative, suggesting the recent rally may be running out of steam. Without a proven path to profitability or a dramatic expansion in revenue scale, the risk-reward profile does not support a bullish stance in either the short or long term. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.074643 |
| AutoARIMA | 0.076531 |
| MSTL | 0.076546 |
| AutoTheta | 0.079583 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 2.06 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.316 |
| Excess Kurtosis | -0.05 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 15.687 |
| Revenue per Share | 1.13 |
| Market Cap | 5,021,904,384 |
| Forward P/E | -12.56 |
| Profit Margins | -277.18% |
| Website | https://iqm.tech |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.06818187 |
| Address1 | Keilaranta 19 |
| All Time High | 15.1 |
| All Time Low | 9.0 |
| Ask | 11.5 |
| Ask Size | 30 |
| Average Daily Volume10 Day | 485,680 |
| Average Daily Volume3 Month | 586,193 |
| Average Volume | 586,193 |
| Average Volume10Days | 485,680 |
| Bid | 10.93 |
| Bid Size | 1 |
| Book Value | 1.3332051 |
| City | Espoo |
| Country | Finland |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 10.59 |
| Current Ratio | 3.115 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 11.3 |
| Day Low | 10.4905 |
| Debt To Equity | 15.687 |
| Earnings Call Timestamp End | 1,785,844,800 |
| Earnings Call Timestamp Start | 1,785,844,800 |
| Earnings Timestamp | 1,785,846,600 |
| Earnings Timestamp End | 1,793,709,000 |
| Earnings Timestamp Start | 1,793,709,000 |
| Ebitda | -76,585,000 |
| Ebitda Margins | -2.24136 |
| Enterprise To Ebitda | -20.913 |
| Enterprise To Revenue | 46.873 |
| Enterprise Value | 1,601,619,456 |
| Eps Current Year | -0.71873 |
| Eps Forward | -0.84304553 |
| Eps Trailing Twelve Months | -0.51 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 10.7837 |
| Fifty Day Average Change | -0.19369984 |
| Fifty Day Average Change Percent | -0.01796228 |
| Fifty Two Week Change Percent | 6.818187 |
| Fifty Two Week High | 15.1 |
| Fifty Two Week High Change | -4.51 |
| Fifty Two Week High Change Percent | -0.2986755 |
| Fifty Two Week Low | 9.0 |
| Fifty Two Week Low Change | 1.5900002 |
| Fifty Two Week Low Change Percent | 0.17666668 |
| Fifty Two Week Range | 9.0 - 15.1 |
| Financial Currency | EUR |
| First Trade Date Milliseconds | 1,748,871,000,000 |
| Float Shares | 134,133,282 |
| Forward Eps | -0.84304553 |
| Forward P E | -12.5616 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 460 |
| Fullday Change | -0.22 |
| Fullday Change Percent | -2.03516 |
| Fullday Price | 10.8836 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.47355998 |
| Gross Profits | 16,181,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.02566 |
| Implied Shares Outstanding | 474,211,900 |
| Industry | Computer Hardware |
| Industry Disp | Computer Hardware |
| Industry Key | computer-hardware |
| Ipo Expected Date | 2,026-07-02 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | IQM Quantum Computers Oyj builds and delivers quantum computers. The company offers full-stack quantum computing systems, including the IQM Spark system, a five-qubit quantum computer designed primarily for education and research environments; IQM Radiance system, a system currently spanning configurations from approximately 20 to 150 qubits designed for high-performance computing centers and offers an upgradeable platform; and IQM Halocene system, a system designed to scale beyond 150 qubits while incorporating quantum error correction capabilities that are intended to support more advanced quantum applications; as well as the IQM Resonance cloud platform. The company also offers professional services, including training, maintenance and technical support. It serves research institutions, universities, high-performance computing centers, and enterprises. The company was founded in 2018 and is headquartered in Espoo, Finland. |
| Long Name | IQM Quantum Computers Oyj |
| Market | us_market |
| Market Cap | 5,021,904,384 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_628680249 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -94,711,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,868,307,686 |
| Number Of Analyst Opinions | 1 |
| Open | 11.3 |
| Operating Cashflow | -79,739,000 |
| Operating Margins | -4.6227703 |
| Payout Ratio | 0.0 |
| Post Market Change | 0.29360008 |
| Post Market Change Percent | 2.7724276 |
| Post Market Price | 10.8836 |
| Post Market Time | 1,787,961,485 |
| Previous Close | 10.81 |
| Price Eps Current Year | -14.7343235 |
| Price Hint | 2 |
| Price To Book | 7.943264 |
| Price To Sales Trailing12 Months | 146.97253 |
| Profit Margins | -2.7718399 |
| Quick Ratio | 2.411 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.22 |
| Regular Market Change Percent | -2.03516 |
| Regular Market Day High | 11.3 |
| Regular Market Day Low | 10.4905 |
| Regular Market Day Range | 10.4905 - 11.3 |
| Regular Market Open | 11.3 |
| Regular Market Previous Close | 10.81 |
| Regular Market Price | 10.59 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 580,521 |
| Revenue Growth | 0.277 |
| Revenue Per Share | 1.13 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 263,223,216 |
| Shares Percent Shares Out | 0.0016 |
| Shares Short | 665,263 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 732,734 |
| Short Name | IQM Quantum Computers Oyj |
| Short Ratio | 2.68 |
| Source Interval | 15 |
| Symbol | IQMX |
| Target High Price | 9.772886 |
| Target Low Price | 9.772886 |
| Target Mean Price | 9.772886 |
| Target Median Price | 9.772886 |
| Total Cash | 118,881,000 |
| Total Cash Per Share | 0.744 |
| Total Debt | 28,617,000 |
| Total Revenue | 34,169,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.51 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 10.63256 |
| Two Hundred Day Average Change | -0.042559624 |
| Two Hundred Day Average Change Percent | -0.0040027634 |
| Type Disp | Equity |
| Volume | 580,521 |
| Website | https://iqm.tech |
| Zip | 2,150 |