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Xanadu Quantum Technologies Limited (XNDU)

2.8900 -0.2200 (-7.07%)
At close: October 30 at 4:00:00 PM EDT
2.9100 +0.0200 (+0.69%)
After hours: October 30 at 7:59:07 PM EDT
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Xanadu Quantum Technologies is preparing to report third-quarter 2026 results after securing provisional support of up to US$10 millionfrom the Defense Advanced Research Projects Agency (DARPA). The company is also advancing photonic-chip manufacturing through GlobalFoundries and developing the Inception facility, while funding needs and limited commercial revenue remain central investor concerns.

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  • Previous Close 3.1100
  • Open 2.9400
  • Bid 8.1500 x 200
  • Ask 14.2500 x 200
  • Day's Range 2.8550 - 3.0300
  • 52 Week Range 2.5000 - 42.4400
  • Volume 3,761,481
  • Avg. Volume 4,665,895
  • Market Cap (intraday) 879.697M
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -0.4400
  • Earnings Date Nov 11, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 28.75
  • Zacks Rating Neutral

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; has a collaboration with ASML to advance lithography for photonic quantum hardware; and has strategic partnership with GLOBALFOUNDRIES Inc. to accelerate utility-scale quantum manufacturing. 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

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index (^GSPTSE) .

YTD Return

XNDU
66.20%
S&P/TSX Composite index (^GSPTSE)
11.78%

1-Year Return

XNDU
66.20%
S&P/TSX Composite index (^GSPTSE)
18.03%

3-Year Return

XNDU
66.20%
S&P/TSX Composite index (^GSPTSE)
88.90%

5-Year Return

XNDU
66.20%
S&P/TSX Composite index (^GSPTSE)
69.32%

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

16.00
28.75 Average
2.8900 Current
43.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/29/2026
Analyst RBC Capital
Rating Action Initiated
Rating Outperform
Price Action Announces
Price Target 16

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • 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)

    -0.4400

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    312.78M

  • Total Debt/Equity (mrq)

    18.89%

  • Levered Free Cash Flow (ttm)

    -47.41M

Company Insights

Research Reports

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