Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU) Stock Price, News & Analysis

Company Overview

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. Xanadu is also the creator of PennyLane, an open-source software library for quantum computing and quantum machine learning that supports hybrid quantum-classical workflows across multiple hardware backends.

Xanadu was founded by Christian Weedbrook, who serves as chief executive officer. The company emphasizes a photonics-first approach as its differentiator within the broader quantum computing industry.

Xanadu became a public company through its business combination with Crane Harbor Acquisition Corp. (NASDAQ: CHAC), a special purpose acquisition company. The transaction closed on March 26, 2026, and the combined company began trading on March 27, 2026, under the ticker symbol XNDU on both Nasdaq and the Toronto Stock Exchange.

Key Stats

• Today's Range: $10.78 to $11.79
• 50-Day Range: $9.75 to $13.94
• 52-Week Range: $6.97 to $42.44
• Volume: 1.33 million shs
• Average Volume: 1.01 million shs
• Market Capitalization: $3.44 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $33.00
• Consensus Rating: Moderate Buy

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares Stock Analysis - MarketRank™

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares scored higher than 71% of companies evaluated by MarketBeat, and ranked 241st out of 607 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 1 strong buy rating, 2 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has a consensus price target of $33.00, representing about 186.2% upside from its current price of $11.53.

Amount of Analyst Coverage

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares are expected to grow in the coming year, from ($0.54) to ($0.46) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares is -27.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares is -27.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has a P/B Ratio of 10.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.57% of the float of Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has been sold short.

Short Interest Ratio / Days to Cover

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has a short interest ratio ("days to cover") of 4.41.

Change versus previous month

Short interest in Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has recently decreased by 8.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares does not currently pay a dividend.

Dividend Growth

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.46

News Sentiment

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares this week, compared to 3 articles on an average week.

Search Interest

Only 9 people have searched for XNDU on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares insiders have not sold or bought any company stock.

Percentage Held by Institutions

Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/05/2026
• Today: 8/14/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Technology Hardware, Storage & Peripherals
• Sub-Industry: Technology Hardware, Storage & Peripherals
• Current Symbol: NASDAQ:XNDU
• CIK: 2097163
• Web: www.xanadu.ai
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: 2016

Price Target and Rating

• Average Price Target for Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares: $33.00
• High Price Target: $43.00
• Low Price Target: $22.00
• Potential Upside/Downside: +186.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 25.53
• Quick Ratio: 25.09

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.05 per share
• Price / Book: 10.98

Miscellaneous

• Outstanding Shares: 298,510,000
• Free Float: N/A
• Market Cap: $3.44 billion
• Optionable: N/A
• Beta: 14.94