Xanadu Quantum Technologies Limited (TSX:XNDU)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.20B |
| Revenue (ttm) | 10.23M +144.4% |
| Net Income | -150.50M |
| EPS | -2.14 |
| Shares Out | 304.39M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,265,199 |
| Open | 4.480 |
| Previous Close | 4.290 |
| Day's Range | 3.900 - 4.480 |
| 52-Week Range | 3.900 - 57.000 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Est. Earnings | Nov 5, 2026 |
About TSX:XNDU
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... [Read more]
Financial Performance
In 2025, TSX:XNDU's revenue was $4.62 million, an increase of 190.56% compared to the previous year's $1.59 million. Losses were -$70.67 million, 53.7% more than in 2024.
Financial numbers in USD Financial StatementsNews
Xanadu Quantum receives provisional approval for $10M in DARPA support
Xanadu Quantum (XNDU) announced that it has received provisional approval for project funding worth up to $10M under DARPA’s Quantum Benchmarking Initiative, or QBI. This one-year contract extension r...
Xanadu Quantum initiated with an Equal Weight at Morgan Stanley
Morgan Stanley initiated coverage of Xanadu Quantum (XNDU) with an Equal Weight rating and $3.75 price target While Xanadu’s chip-based photonic approach has potential scaling advantages, it is the ea...
Why Xanadu Quantum Technologies Stock Jumped 17% Today
Xanadu stock jumped about 17% after announcing a multi-year manufacturing deal with GlobalFoundries. The two companies have worked together since 2022, so this deal expands an existing partnership.
Xanadu Quantum Taps GlobalFoundries to Mass Produce Its Computers
Xanadu Quantum Technologies and GlobalFoundries strike a multiyear partnership to build quantum hardware components.
Xanadu (XNDU) Stock Jumps 7% on GlobalFoundries Quantum Chip Deal
Xanadu Quantum Technologies Limited ($XNDU) shares jumped more than 7% in premarket trading Tuesday after the photonic quantum computing company announced a multi-year manufacturing partnership with G...
Xanadu Quantum, GlobalFoundries enter strategic multi-year partnership
Xanadu Quantum (XNDU) announced a strategic multi-year partnership with GlobalFoundries (GFS). This partnership combines Xanadu’s existing expertise in ultra-low loss photonic design and process devel...
Why Quantum Computing Stock Xanadu Quantum Technologies Plummeted 56.2% in September
Xanadu completed a business combination with Crane Harbor Acquisition Corp. in March 2026. Xanadu announced collaborations with ASML and AMD.
Quantum Computing News: XNDU Builds Out Scale as BTQ Lands First Deal
Welcome to Thursday’s quantum computing news recap. This edition looks at five developments across the sector, with Xanadu Quantum Technologies ($XNDU) working with Bluefors on cooling infrastructure ...
Automatic Securities Disposition Plan Adopted by Xanadu Chief Operating Officer
TORONTO, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (“ Xanadu ”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, today announced that Rafal Janik, Xanadu's...
Xanadu Quantum, BlueFors partner to develop cryogenic prototype for USQC
Xanadu Quantum (XNDU) Technologies and Bluefors announced a strategic partnership to develop a novel, high-performance cryogenic prototype for utility-scale quantum computing, USQC. This work aims to ...
RBC starts Xanadu Quantum at Outperform, sees greater visibility to monetization
As previously reported, RBC Capital initiated coverage of Xanadu Quantum (XNDU) with an Outperform rating and $16 price target The company provides investors with exposure to quantum computing, a gene...
Xanadu Quantum initiated with an Outperform at RBC Capital
RBC Capital analyst Paul Treiber initiated coverage of Xanadu Quantum (XNDU) with an Outperform rating and $16 price target
XNDU Stock Plunges 21.6% as Xanadu Lockup Expiration Hits Shares
Xanadu Quantum Technologies ($XNDU) plunged 21.57% on Tuesday, closing at $5.78 as the company reached a major six-month lockup expiration, making a large block of shares held by early investors…
Xanadu Quantum names Tara Deakin chief people officer
Xanadu Quantum (XNDU) Technologies announced the addition of a strategic leader to its executive team: Tara Deakin as Chief People Officer. As part of this planned transition, current Chief People…
Xanadu Appoints Tara Deakin as Chief People Officer to Lead Next Phase of Global Growth
Provides information in connection with early warning requirements under applicable Canadian securities laws. Provides information in connection with early warning requirements under applicable Canadi...
Xanadu Quantum falls -18.7%
Xanadu Quantum (XNDU) is down -18.7%, or -$1.38 to $5.99.
Xanadu Quantum share lock-up expires Tuesday; shares down 19%
Xanadu Quantum (XNDU) reaches its major six-month lockup expiration on Tuesday, September 22, unlocking the vast majority of shares held by early backers and insiders for public trading. Shares are…
Xanadu Quantum falls -24.0%
Xanadu Quantum (XNDU) is down -24.0%, or -$1.77 to $5.60.
Xanadu Quantum, AMD announce release of Backline
Xanadu Quantum (XNDU) in collaboration with AMD (AMD) announced the release of Backline, an open-platform solution, co-designed by Xanadu and AMD, for rapid communications between quantum and classica...
Quantum Leap: U.S. takes stake in more quantum computing companies
Welcome to the latest edition of “Quantum Leap” where The Fly decodes news and activity in the quantum computing space. LITHOGRAPHY PROCESSES: Xanadu Quantum (XNDU) and ASML (ASML) announced a…
Xanadu Quantum, ASML team to develop advanced lithography processes
Xanadu Quantum (XNDU) and ASML (ASML) announced a collaboration to develop advanced lithography processes for Xanadu’s photonic quantum hardware. This collaboration aims to enable both companies to ga...
Xanadu Stock Could Rally 230% as Analysts Back XNDU’s Quantum Roadmap
Xanadu Quantum Technologies ($XNDU) gave investors a more detailed roadmap toward fault-tolerant quantum computing, prompting bullish commentary from Canaccord Genuity and Northland Capital Markets. T...
Xanadu (XNDU) Targets Fault-Tolerant Quantum Computing by 2029 as Analysts See 160% Upside
Xanadu Quantum Technologies ($XNDU) laid out a new technology roadmap targeting fault-tolerant quantum computing in 2028–2029 and more than 1,000 logical qubits by 2031. For investors, the roadmap giv...
Xanadu Targets Fault-Tolerant Quantum Computing by 2029, 1,000 Logical Qubits by 2031
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ: XNDU outlined a technology roadmap targeting fault-tolerant quantum computing in 2028-2029, construction of a quantum data...
Xanadu Quantum Technologies Transcript: Investor update
The roadmap targets over 1,000 logical qubits by 2031, with aggressive loss reduction and error rate goals supported by new manufacturing capabilities and strong government funding. PennyLane's broad adoption and hardware-agnostic design underpin a robust ecosystem, while commercialization focuses on cloud access, system sales, IP, and software.