XNDU FY2026 EPS Forecast Reduced by Northland Securities

Key Points

• Northland Securities cut Xanadu’s FY2026 EPS forecast to a loss of $0.54 per share from its prior estimate of a $0.48 loss, while maintaining an “Outperform” rating and a $43 price target.
• Xanadu reported a quarterly loss of $0.14 per share on $1.51 million in revenue. The current full-year consensus EPS estimate matches Northland’s projected $0.54 loss.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus rating and an average price target of $33, despite recent target-price reductions and the stock opening at $11.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (NASDAQ:XNDU - Free Report) - Northland Securities lowered their FY2026 earnings per share estimates for Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares in a research note issued on Thursday, August 6th. Northland Securities analyst N. Chokshi now expects that the quantum computing company will earn ($0.54) per share for the year, down from their previous estimate of ($0.48). Northland Securities has a "Outperform" rating and a $43.00 price target on the stock. The consensus estimate for Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares' current full-year earnings is ($0.54) per share.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (NASDAQ:XNDU - Get Free Report) last posted its earnings results on Wednesday, August 5th. The quantum computing company reported ($0.14) EPS for the quarter. The business had revenue of $1.51 million during the quarter.

Other research analysts have also recently issued research reports about the stock. Zacks Research raised shares of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares to a "hold" rating in a research report on Tuesday, April 21st. Canadian Imperial Bank of Commerce started coverage on shares of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares in a research note on Tuesday, July 28th. They issued a "sector outperform" rating and a $22.00 price target on the stock. Weiss Ratings upgraded shares of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares from a "sell (d-)" rating to a "sell (d)" rating in a report on Tuesday, May 26th. Wall Street Zen raised shares of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 20th. Finally, Canaccord Genuity Group dropped their target price on shares of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares from $45.00 to $34.00 and set a "buy" rating for the company in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $33.00.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Stock Performance

NASDAQ XNDU opened at $11.00 on Monday. The business's fifty day simple moving average is $11.86. The company has a current ratio of 25.53, a quick ratio of 25.09 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.28 billion, a PE ratio of -39.29 and a beta of 14.92. Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has a twelve month low of $6.97 and a twelve month high of $42.44.

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Company Profile

Xanadu Quantum Technologies Limited is a quantum computing company headquartered in Toronto, Canada, that develops photonics-based quantum hardware and software. The company focuses on building programmable photonic quantum processors that use light rather than superconducting qubits, and it provides cloud-based access to its systems for researchers and commercial users. Xanadu is publicly listed under the ticker XNDU on both Nasdaq and the Toronto Stock Exchange.

Its technology stack combines integrated photonic hardware, control systems, and software designed to support quantum algorithms and applications in areas such as optimization, simulation, and quantum machine learning.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source