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Xanadu Quantum Technologies Limited (XNDU)

9.72 -0.30 (-2.99%)
At close: 4:00:00 PM EDT
9.78 +0.06 (+0.62%)
After hours: 4:17:45 PM EDT
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What's happening with XNDU?

14m ago
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Xanadu Quantum Technologies is advancing its quantum computing goals with a focus on achieving fault-tolerant systems by 2029and 1,000 logical qubits by 2031. The company secured CAD 195 millionin federal funding to support its ambitious projects and is working closely with Mitsubishi Chemical on semiconductor innovations.

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  • Previous Close 10.02
  • Open 10.12
  • Bid 8.15 x 200
  • Ask 14.25 x 200
  • Day's Range 9.62 - 10.19
  • 52 Week Range 6.97 - 42.44
  • Volume 1,065,072
  • Avg. Volume 1,880,871
  • Market Cap (intraday) 2.959B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -0.29
  • Earnings Date (est.) Oct 29, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 33.00

Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detectors. It offers Pennylane, a cross-platform python library that enables a paradigm and quantum differentiable programming that enables integration with machine learning tools; and Catalyst for just-in-time compilation and optimization of quantum algorithms. It also provides users with access to documentation, guides, and community-led resources for quantum machine learning, quantum chemistry simulations, and other quantum computing applications, along with collaboration and support from a team of quantum experts. The company serves professional clients in the quantum computing, software development, and machine learning sectors, as well as advanced users in research and development, including those utilizing high-performance computing and quantum hardware. It has a collaboration with Mitsubishi Chemical to advance semiconductor fabrication technologies using quantum computing algorithms. Xanadu Quantum Technologies Limited was incorporated in 2016 and is based in Toronto, Canada.

www.xanadu.ai

240

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

XNDU
13.68%
S&P/TSX Composite index (^GSPTSE)
14.58%

1-Year Return

XNDU
13.68%
S&P/TSX Composite index (^GSPTSE)
26.28%

3-Year Return

XNDU
13.68%
S&P/TSX Composite index (^GSPTSE)
77.72%

5-Year Return

XNDU
13.68%
S&P/TSX Composite index (^GSPTSE)
75.37%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.51M
Earnings -42.05M
Profit Margin -2,782.99%

Q1

FY26

Q2

FY26

-40M
-30M
-20M
-10M
0
-2500.0%
-2000.0%
-1500.0%
-1000.0%

Analyst Insights

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Analyst Price Targets

22.00
33.00 Average
9.72 Current
43.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/6/2026
Analyst Canaccord Genuity
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 45 -> 34

Statistics

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Valuation Measures

Annual
As of 9/1/2026
  • Market Cap

    3.03B

  • Enterprise Value

    2.77B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    507.72

  • Price/Book (mrq)

    9.67

  • Enterprise Value/Revenue

    465.52

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    0.00%

  • Return on Assets (ttm)

    -24.37%

  • Return on Equity (ttm)

    -56.37%

  • Revenue (ttm)

    7.21M

  • Net Income Avi to Common (ttm)

    -105.98M

  • Diluted EPS (ttm)

    -0.29

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    312.78M

  • Total Debt/Equity (mrq)

    18.89%

  • Levered Free Cash Flow (ttm)

    -47.41M

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Company Insights

Fair Value

9.72 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

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