Xanadu Quantum Technologies Limited (XNDU)
| Market Cap | 3.21B |
| Revenue (ttm) | 7.21M +144.4% |
| Net Income | -105.98M |
| EPS | -1.51 |
| Shares Out | 304.39M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,665,179 |
| Open | 10.33 |
| Previous Close | 10.38 |
| Day's Range | 10.13 - 10.60 |
| 52-Week Range | 6.97 - 42.44 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 33.00 (+213.99%) |
| Earnings Date | Aug 5, 2026 |
About 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, 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 StatementsAnalyst Summary
According to 3 analysts, the average rating for XNDU stock is "Strong Buy." The 12-month stock price target is $33.0, which is an increase of 213.99% from the latest price.
News
Government of Canada Invests CAD $195 Million in Xanadu to Build the Quantum Supply Chain
Federal commitment through the Strategic Response Fund for Project OPTIMISM anchors Xanadu's plan to manufacture the components of fault-tolerant utility-scale quantum computers in Canada.
Xanadu Secures CAD $195 Million and Establishes Landmark Advanced Photonics Facility
TORONTO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu"; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, announced today that it will establish a land...
Canada to loan quantum startup Xanadu $140 million to build manufacturing plant
The Canadian government will loan C$195 million ($140.78 million) to Xanadu Quantum for setting up a plant that would make photonic components for quantum computers, in the country's largest ever sup...
UPDATE -- Canada-Japan Support Advances Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research
TORONTO, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (" Xanadu "; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, has announced the next phase of its collabo...
Xanadu (XNDU) Still Has $233 Million of Equity Capacity, Keeping Dilution Risk in Focus
Xanadu Quantum Technologies Limited ($XNDU) filed two prospectus supplements on August 21 that do not reveal a new deal or financing by themselves, but they do give investors a useful…
Xanadu Quantum announces next phase of collaboration with Mitsubishi Chemical
Xanadu Quantum (XNDU) has announced the next phase of its collaboration with Mitsubishi Chemical to advance semiconductor fabrication technologies using quantum computing algorithms. This next phase i...
Canada-Japan Funding Fuels Xanadu and Mitsubishi Chemical Partnership on Quantum Semiconductor Research
TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (" Xanadu "; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, has announced the next phase of its collabo...
Xanadu Announces Technological Roadmap Presentation
TORONTO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that the company wil...
3 Quantum Computing Stocks With Over 70% Upside, According to Analysts
Quantum computing is still in its early stages, and companies such as Xanadu Quantum ($XNDU), Quantum Computing ($QUBT), and D-Wave Quantum ($QBTS) are drawing interest. These companies are building h...
Xanadu Quantum price target lowered to $34 from $45 at Canaccord
Canaccord lowered the firm’s price target on Xanadu Quantum (XNDU) to $34 from $45 and keeps a Buy rating on the shares. The firm noted they reported their second quarter…
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Q2 Earnings Call Highlights
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ: XNDU reported second-quarter revenue of CAD 1.5 million, down from CAD 2.8 million in the first quarter but above CAD 1.1 ...
Xanadu Quantum Technologies Earnings Call Transcript: Q2 2026
Q2 saw advances in photonic chip packaging, expanded U.S. operations, and deepened industry partnerships. Revenue declined sequentially but rose year-over-year, with increased R&D and CapEx supporting growth. Cash position remains strong at CAD 312.8 million.
Xanadu Quantum Technologies Earnings release: Q2 2026
Xanadu Quantum Technologies released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Xanadu Announces Second Quarter 2026 Results
TORONTO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu" or the "Company") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced fin...
CIBC starts Xanadu Quantum into ‘catalyst-rich’ commercialization path
CIBC analyst Todd Coupland last night initiated coverage of Xanadu Quantum (XNDU) with an Outperformer rating and $22 price target Xanadu is one of the few public pure plays on…
Xanadu Quantum initiated with an Outperformer at CIBC
CIBC initiated coverage of Xanadu Quantum (XNDU) with an Outperformer rating and $22 price target
3 Quantum Stocks With Over 100% Upside Potential, According to Analysts
Analysts see big upside potential in some quantum computing stocks. Three companies that stand out currently are Xanadu Quantum Technologies ($XNDU), Rigetti Computing ($RGTI), and Quantum Computing I...
Why Horizon Quantum (HQ) Stock Fell 12% While Xanadu Quantum(XNDU) Stock Surged 8%
Horizon Quantum Holdings Ltd. ($HQ), a developer of software tools for quantum computers, fell 12.15% on Monday, while Xanadu Quantum Technologies Limited ($XNDU), another pure-play quantum stock, gai...
Xanadu to Report Second Quarter 2026 Financial Results on August 5th, 2026
TORONTO, July 15, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited ("Xanadu") (NASDAQ: XNDU) (TSX: XNDU), a leading photonic quantum computing company, today announced that the company wil...
XNDU Stock Rebounds as Xanadu Expands Quantum Partnership with Lockheed Martin
Xanadu Quantum Technologies Limited ($XNDU), a photonic quantum computing company, is expanding its relationship with Lockheed Martin Corporation ($LMT) through a new workforce training initiative foc...
Xanadu Quantum, Lockheed Martin announce new quantum training effort
Xanadu Quantum (XNDU) and Lockheed Martin (LMT) announced a new strategic effort to scale quantum training and workforce development through Lockheed Martin’s Quantum Talent Pipeline program. Building...
Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Xanadu Quantum Technologies Limited (“ Xanadu ”; NASDAQ/TSX: XNDU), a leading photonic quantum computing company, and Lockheed Martin (NYSE: LMT), a global s...
Why Quantum Computing Stocks Are Rising Despite Today’s Tech Weakness
Shares of quantum computing firms IonQ ($IONQ), Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), and Xanadu ($XNDU) are trading higher in pre-market despite weakness across the broader technology se...
Xanadu Quantum expects U.S.-based workforce to increase significantly
Xanadu Quantum (XNDU) announced an expansion of its U.S. operations, anchored by its growing presence in Albany, New York. Xanadu has also scaled up operations across the U.S., with growth…
XNDU Stock Falls as Israel Englander’s Millennium Briefly Crosses 5% Xanadu Quantum Stake
Xanadu Quantum Technologies Limited ($XNDU), a Canada-based quantum computing company, drew fresh institutional attention after a Schedule 13G filing showed that Millennium Management briefly crossed ...