Infleqtion, Inc.
- Growing?
- Yes: revenue up 157% on a year earlier (quarter ended Jun 2026).
- Expensive?
- Price-to-sales (P/S) 46.4×. Below the peer median of 119x. The market pays less per $1 of revenue than for peers.
- Analysts?
- 86% of 7 say buy; average 12-month target $19.57, 124% above today's price.
Infleqtion, Inc. (INFQ) is a neutral-atom quantum company that develops quantum computers (including the Sqale platform), quantum sensing products (e.g., Tiqker optical atomic clocks, quantum RF receivers, and inertial sensing solutions), and the Superstaq quantum software platform for government, enterprise, and research customers.
More about Infleqtion
Revenue is generated via hardware system sales, software licensing/subscriptions, and contracted R&D / deployment services.
Market Position
Infleqtion positions as a full-stack provider spanning hardware, sensing, and software, differentiated by combining neutral-atom systems with a proprietary software layer (Superstaq) and scaled-component initiatives (including integrated photonics) to improve deployability and performance.
Key Segments
Primary operating areas include Quantum Computing (Sqale systems + integrations), Quantum Software (Superstaq tooling/platform), and Quantum Sensing (timing, RF, and inertial products).
How has the stock done?
Over the past month INFQ fell 15.9%; the technology ETF (XLK) fell 11.5% and the S&P 500 fell 2.7%.
Over the past six months INFQ fell 33.4%; the technology ETF (XLK) fell 0.8% and the S&P 500 rose 2.6%.
Show the earnings releases
| Released | Quarter | Revenue | EPS vs estimate | Stock, day after | 5 days after |
|---|---|---|---|---|---|
| Aug 12, 2026 | ended Jun 2026 | $14M (+157% vs a year earlier) | −$0.05 vs −$0.05 (in line) | +3.0% | +5.8% |
| May 14, 2026 | ended Mar 2026 | $9.9M (+21% vs a year earlier) | — | −6.4% | +10.6% |
Change in closing price from the first day shown, or with Price the closing price itself. Prices: Yahoo Finance, to Nov 12, 2026. Dashed lines: the days the company released earnings (its SEC 8-K filings); EPS estimates: Yahoo Finance. The stock's move after a release runs from the last close before its day to the close the day after (or five days after), so a release before the open counts like one after the close.
Is the business growing?
Revenue was $14M in the quarter ended Jun 2026, up 157% from a year earlier.
Show the data
| Quarter ended | Revenue | vs a year earlier |
|---|---|---|
| Mar 2025 | $8.2M | — |
| Jun 2025 | $5.3M | — |
| Sep 2025 | $7.3M | — |
| Dec 2025 | $10M | — |
| Mar 2026 | $9.9M | +21% |
| Jun 2026 | $14M | +157% |
Revenue went from $11M in FY23 to $28M in FY24; net income from −$53M to −$56M.
Show the data
| Fiscal year | Revenue | Net income |
|---|---|---|
| FY23 | $11M | −$53M |
| FY24 | $28M | −$56M |
A year earlier −$0.59
Quarters: Infleqtion, Inc.'s SEC filings, named by the month they end. Fiscal years: Infleqtion, Inc.'s annual reports to the SEC; FY23: Yahoo Finance.
How it makes money
The company loses $198.4 for every $100 of revenue. Operating expenses exceed all of gross profit.
Show the data
| Quarter ended | Gross | Operating | Net |
|---|---|---|---|
| Mar 2025 | 41.2% | −84.8% | −73.0% |
| Jun 2025 | 12.8% | −197.3% | −174.1% |
| Sep 2025 | 50.6% | −99.6% | −456.6% |
| Dec 2025 | 33.5% | 153.6% | −442.9% |
| Mar 2026 | 25.6% | −333.4% | −300.0% |
| Jun 2026 | 16.0% | −220.5% | −182.4% |
Each margin is that line of the income statement divided by revenue. Fiscal year: Infleqtion, Inc.'s annual reports to the SEC; FY23: Yahoo Finance, operating income as filed with the SEC where its quarters cover the year; quarters: SEC filings.
Customers and suppliers
In its latest annual report Infleqtion buys from Alphabet, Amazon, TGF West Century Drive Property and 2 more; sells to the U.S. government, the UK government.
Their suppliers
Suppliers
INFQInfleqtionCustomers
Infleqtion's 10-Q for the quarter to Jun 2026 gives one customer's share of its revenue: Customer A (82%).
Show the filings' numbers
| Period | Customer | Share of revenue | Filing |
|---|---|---|---|
| Quarter ended Jun 2025 | Customer A | 64% | 10-Q filed Aug 18, 2026 |
| Quarter ended Jun 2026 | Customer A | 82% | 10-Q filed Aug 18, 2026 |
From Infleqtion, Inc.'s 10-Q and 10-K filings (XBRL): each customer whose share of revenue a filing tags, under the filing's own label, so “Customer A” in one filing can be another company in the next; a later filing's figures for a period replace an earlier one's.
Partners
L3Harris Technologies LHXCo-develop mission-oriented systems
SafranCo-develop mission-oriented systems
NVIDIA NVDACollaborate on computing and quantum algorithms
JPMorgan Chase JPMCollaborate on quantum algorithms
Lockheed Martin LMTQuantum technology strategic relationshipShow the filing's words
| Company | Role | In the filing's words |
|---|---|---|
| SAIC | partner · co-develops with it | “Commercial Relationships: We maintain collaborative development and go-to-market relationships with defense prime contractors including SAIC, L3Harris, Safran and QinetiQ. These relationships extend our reach into defense supply chains and support co-development of mission-oriented systems.” |
| L3Harris Technologies | partner · co-develops with it | “Commercial Relationships: We maintain collaborative development and go-to-market relationships with defense prime contractors including SAIC, L3Harris, Safran and QinetiQ. These relationships extend our reach into defense supply chains and support co-development of mission-oriented systems.” |
| Safran | partner · co-develops with it | “Commercial Relationships: We maintain collaborative development and go-to-market relationships with defense prime contractors including SAIC, L3Harris, Safran and QinetiQ. These relationships extend our reach into defense supply chains and support co-development of mission-oriented systems.” |
| QinetiQ | partner · co-develops with it | “Commercial Relationships: We maintain collaborative development and go-to-market relationships with defense prime contractors including SAIC, L3Harris, Safran and QinetiQ. These relationships extend our reach into defense supply chains and support co-development of mission-oriented systems.” |
| NVIDIA | partner · co-develops with it | “Advanced Computing Collaborations: We have partnered with NVIDIA in the context of hybrid quantum-classical computing, CML and quantum error correction algorithms.” |
| JPMorgan Chase | partner · co-develops with it | “We have also collaborated with the J.P. Morgan Chase Global Technology Applied Research Team on quantum algorithm efforts.” |
| Lockheed Martin | partner | “Our partners and customers include the U.S. Department of Defense, DARPA, NASA, SAIC, Lockheed Martin, NVIDIA and the United Kingdom (“UK”) National Quantum Computing Centre.” |
| U.S. government | customer | “Sales to the customers within the U.S. government, either as a prime contractor or subcontractor, represented approximately 60% of our revenue for the fiscal year ended December 31, 2025.” |
| UK government | customer | “In addition, approximately 12% of our revenue for the fiscal year ended December 31, 2025 was related to contracts with the UK government.” |
| Alphabet | supplier | “We currently offer our Superstaq service on public clouds provided by Google Cloud and Amazon AWS.” |
| Amazon | supplier | “We currently offer our Superstaq service on public clouds provided by Google Cloud and Amazon AWS.” |
| TGF West Century Drive Property | supplier | “Our corporate headquarters are located in Louisville, Colorado, where we lease approximately 20,000 square feet of space from an independent third party, TGF West Century Drive Property, LLC.” |
| The Klein Group | supplier | “In September 2025, in connection with the execution of the Merger Agreement, CCX entered into an Advisory Agreement with M. Klein & Company, through its affiliate, The Klein Group, LLC (the “Advisor”), an affiliate of the Sponsor....The Advisory Agreement became effective upon the Closing and has an initial two-year term, subject to extension by mutual agreement. Under the Advisory Agreement, the Advisor agreed to provide financial advisory, strategic consulting and business development services to the Company in exchange for a fixed cash retainer of $250,000 per quarter, and reimbursement of certain reasonable out-of-pocket expenses (subject to an annual cap of $50,000).” |
| Monarch | supplier | “Mr. Day subsequently departed DRS Daylight and joined Monarch Quantum Inc. (“Monarch), a company controlled by Mr. Day, and the Company transitioned the services agreement to Monarch on December 16, 2025. Under the terms of these arrangements, Mr. Day provides engineering and programming services to the Company.” |
| Kinsella Investment Holdings | partner · invested in Infleqtion | “Consists of (i) 5,950,380 shares of common stock issuable upon exercise of options held directly by Mr. Kinsella, all of which are early exercisable as of the date of grant, which number of shares includes 3,675,235 shares vested as of the Closing Date and 4,025,258 shares for which the time- and service-based vesting condition would be satisfied within 60 days of the Closing Date, (ii) 560,327 shares of common stock held of record by Kinsella Investment Holdings, LLC and (iii) 1,889,829 shares of common stock...Table of Contents issuable upon exercise of options held by Kinsella Investment Holdings, LLC, all of which shares are vested as of the Closing Date.” |
| M. Klein Associates | partner · invested in Infleqtion | “Consists of 9,590,000 shares of common stock held by M. Klein Associates, Inc.” |
| GF Partners | partner · invested in Infleqtion | “Consists of (i) 4,783,076 shares of common stock held by Global Frontier Partners, LP (GF Partners) and (ii) 20,839,094 shares of common stock held by Global Frontier Quantum Opportunity Fund, LP (GF Quantum Opportunity Fund).” |
| GF Quantum Opportunity Fund | partner · invested in Infleqtion | “Consists of (i) 4,783,076 shares of common stock held by Global Frontier Partners, LP (GF Partners) and (ii) 20,839,094 shares of common stock held by Global Frontier Quantum Opportunity Fund, LP (GF Quantum Opportunity Fund).” |
| LCP Quantum Partners | partner · invested in Infleqtion | “Consists of (i) 14,363,414 shares of common stock held by LCP Quantum Partners, LLC and (ii) 3,097,848 shares of common stock held by LCP Quantum Partners II, LLC.” |
| LCP Quantum Partners II | partner · invested in Infleqtion | “Consists of (i) 14,363,414 shares of common stock held by LCP Quantum Partners, LLC and (ii) 3,097,848 shares of common stock held by LCP Quantum Partners II, LLC.” |
| LCP Quantum Partners III | partner · invested in Infleqtion | “Consists of (i) 7,796,419 shares of common stock held by LCP Quantum Partners III, LLC, (ii) 1,814,502 shares of common stock held by LCP Quantum Partners IV, LLC, (iii) 2,816,731 shares of common stock held by LCP Quantum Partners V, LLC, and (iv) 640,000 shares of common stock held by LCP Quantum Partners VI, LLC.” |
| LCP Quantum Partners IV | partner · invested in Infleqtion | “Consists of (i) 7,796,419 shares of common stock held by LCP Quantum Partners III, LLC, (ii) 1,814,502 shares of common stock held by LCP Quantum Partners IV, LLC, (iii) 2,816,731 shares of common stock held by LCP Quantum Partners V, LLC, and (iv) 640,000 shares of common stock held by LCP Quantum Partners VI, LLC.” |
| LCP Quantum Partners V | partner · invested in Infleqtion | “Consists of (i) 7,796,419 shares of common stock held by LCP Quantum Partners III, LLC, (ii) 1,814,502 shares of common stock held by LCP Quantum Partners IV, LLC, (iii) 2,816,731 shares of common stock held by LCP Quantum Partners V, LLC, and (iv) 640,000 shares of common stock held by LCP Quantum Partners VI, LLC.” |
| LCP Quantum Partners VI | partner · invested in Infleqtion | “Consists of (i) 7,796,419 shares of common stock held by LCP Quantum Partners III, LLC, (ii) 1,814,502 shares of common stock held by LCP Quantum Partners IV, LLC, (iii) 2,816,731 shares of common stock held by LCP Quantum Partners V, LLC, and (iv) 640,000 shares of common stock held by LCP Quantum Partners VI, LLC.” |
| Maverick Advisors | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Ventures | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Designated Investments | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Silicon | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Fund II | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick USA | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Enhanced | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Maverick Long | partner · invested in Infleqtion | “Consists of (i) 6,217,382 shares of common stock held by Maverick Advisors Fund, L.P. (Maverick Advisors), (ii) 9,816,912 shares of common stock held by Maverick Ventures Investment Fund, L.P. (Maverick Ventures), (iii) 527,861 shares of common stock held by Maverick Designated Investments Fund, L.P. (Maverick Designated Investments), (iv) 2,879,769 shares of common stock held by Maverick Silicon Fund, L.P. (Maverick Silicon), (v) 135,800 shares of common stock held by Maverick Fund II, Ltd. (Maverick Fund II), (vi) 136,300 shares of common stock held by Maverick Fund USA, Ltd. (Maverick USA), (vii) 143,900 shares of common stock held by Maverick Long Enhanced Fund, Ltd. (Maverick Enhanced), (viii) 75,700 shares of common stock held by Maverick Long Fund, Ltd (Maverick Long), (ix) 8,300 shares of common stock held by a separately managed account managed by Maverick Capital, Ltd., and (x) 34,740 shares of common stock issuable upon exercise of options held by Mr. Singer Maverick Capital Ventures, LLC is the general partner of each of Maverick Advisors and Maverick Ventures, and Lee S. Ainslie III and David B. Singer are the managing partners of Maverick Capital Ventures, LLC.” |
| Foundry Group Next 2018 | partner · invested in Infleqtion | “Foundry Group Next 2018, L.P. beneficially owns more than 5% of the outstanding capital stock of Infleqtion.” |
Only the companies Infleqtion names in its 10-K filed Mar 31, 2026 (SEC). The supply chain joins the latest annual reports of the companies on it and the 8-Ks they filed since: a link shows when either side's report names the other, so it grows as more reports are read. Hover a name for the filing's own words.
Is it expensive?
A P/E is not available, so we look at price-to-sales instead: 46.4x, below the peer median of 119x. Revenue is up 157% from a year ago.
Below the peer median of 119x. The market pays less per $1 of revenue than for peers.
Show the data
| Company | Price-to-sales (P/S) |
|---|---|
| QBTS · D-Wave Quantum Inc. | 301× |
| RGTI · Rigetti Computing, Inc. | 276× |
| XNDU · Xanadu Quantum Technologies Limited | 119× |
| QUBT · Quantum Computing Inc. | 69.7× |
| INFQ · Infleqtion, Inc. | 46.4× |
| IONQ · IonQ, Inc. | 37.7× |
Its peers here are the other quantum computing companies on this site, a group kept by hand: Yahoo Finance's Software - Infrastructure list is another business.
Infleqtion, Inc. has very small earnings, so P/E would be misleading. We use price-to-sales instead: market cap as a multiple of revenue.
What analysts expect
The average analyst price target is $19.57, 124% above the current price; 86% of 7 analysts rate it a buy.
Buy or Strong Buy: 6 analysts (86%). Sell or Strong Sell: 0.
Since Jul 2, 2026 the average of the analysts' latest price targets went from $20.67 to $20.25 (−2%), while INFQ went from $12.31 to $8.73 (−29%). In the past three months targets were raised once and cut once. No firm upgraded or downgraded it over the year.
Show every change
| Date | Firm | Change | Rating | Target |
|---|---|---|---|---|
| Nov 2, 2026 | B. Riley Securities | Target cut | Buy | $17.00, was $23.00 |
| Sep 4, 2026 | B. Riley Securities | Began coverage | Buy | $23.00 |
| Aug 21, 2026 | Citigroup | Target raised | Buy | $22.00, was $20.00 |
| Jul 2, 2026 | Canaccord Genuity | Began coverage | Buy | $22.00 |
| Jun 26, 2026 | Wedbush | Began coverage | Outperform | $20.00 |
| Apr 14, 2026 | Citigroup | Began coverage | Buy | $20.00 |
For the quarter ending Sep 2026 (Infleqtion reports on Nov 16, 2026), analysts expect an adjusted loss of $0.05 a share and revenue of $11M. For the fiscal year ending Dec 2026, they expect an adjusted loss of $0.21 a share and revenue of $45M.
Adjusted. Range −$0.06 to −$0.03; 5 analysts
Range $11M to $12M; 4 analysts
Adjusted. Range −$0.25 to −$0.14; 6 analysts
Range $45M to $45M; 7 analysts
Show the data
| Period | Figure | Expected | Low to high | Analysts | A year earlier | Change |
|---|---|---|---|---|---|---|
| Quarter ending Sep 2026, results Nov 16, 2026 | EPS (adjusted) | −$0.05 | −$0.06 to −$0.03 | 5 | — | — |
| Quarter ending Sep 2026, results Nov 16, 2026 | Revenue | $11M | $11M to $12M | 4 | — | — |
| Quarter ending Dec 2026 | EPS (adjusted) | −$0.05 | −$0.07 to −$0.03 | 5 | — | — |
| Quarter ending Dec 2026 | Revenue | $11M | $10M to $11M | 4 | — | — |
| Year ending Dec 2026 | EPS (adjusted) | −$0.21 | −$0.25 to −$0.14 | 6 | — | — |
| Year ending Dec 2026 | Revenue | $45M | $45M to $45M | 7 | — | — |
| Year ending Dec 2027 | EPS (adjusted) | −$0.24 | −$0.30 to −$0.15 | 5 | −$0.21 (expected, year to Dec 2026) | — |
| Year ending Dec 2027 | Revenue | $56M | $54M to $59M | 6 | $45M (expected, year to Dec 2026) | +24% |
Targets, ratings and earnings estimates: Yahoo Finance. Rating and target changes: Yahoo Finance's list of upgrades and downgrades. The average target on each day is the average of every listed firm's latest target set in the 180 days before it, so it counts fewer analysts than the average target above, and the band is the middle half of those targets (a quarter of the firms are above it, a quarter below); a target set before a stock split is divided by the split. Expected figures: the average of the analysts' estimates (Yahoo Finance). Their EPS is adjusted, as analysts estimate it, so it is set against the adjusted EPS Yahoo reports for the same quarters, not the GAAP EPS of the growth and valuation sections; revenue against the SEC filings. No change is given against a quarter whose reported EPS was more than 50% off its own estimate (often a one-off gain or charge), nor against a year that counts one. Each estimate is pinned to its fiscal period by the report date or the period's end, and one that cannot be is left out.
Financial health
Current ratio 3.6, no pressure to repay short-term debt; shareholder equity is below zero; it has more cash than debt.
Assets that can be turned into cash soon are 3.6x what is owed within a year. 1.5 or higher is comfortable; below 1 needs watching.
Cash and short-term investments of $48M and no debt. Lease obligations of $6M are not counted: they are rent owed, not money borrowed.
Latest fiscal year balance sheet. Source: Yahoo Finance.
Who holds it
In the filings of 1 fund whose copy leaves INFQ out (on the exchange, not in the app yet): Swiss National Bank.
What did the funds Hunch tracks do?
Of the 83 funds whose 13F filings Hunch reads, 4 held INFQ at the end of their latest quarter (for most, Q3 2026). Over that quarter 1 added shares, 2 cut, 1 bought new and 2 sold all. The largest of them is Viking Global Investors, 2.03M shares worth $27.1M at Jun 30, 2026.
1 of them new holders
2 of them sold all
Show every fund
| Fund | Quarter | Shares | Value | Change in shares | Change | Filed |
|---|---|---|---|---|---|---|
| Maverick Capital | Q2 2026 | 0 | — | −19.94M | Sold all | Aug 14, 2026 |
| Viking Global Investors | Q2 2026 | 2.03M | $27.1M | +2.03M | New | Aug 14, 2026 |
| Renaissance Technologies | Q3 2026 | 1.12M | $15.1M | −560,600 | −33% | Nov 12, 2026 |
| Swiss National Bank | Q3 2026 | 132,400 | $1.8M | +32,500 | +33% | Nov 12, 2026 |
| Nomura Holdings | Q2 2026 | 89,413 | $1.2M | −160,000 | −64% | Aug 14, 2026 |
| Mirae Asset Global Investments | Q3 2026 | 0 | — | −4,000 | Sold all | Nov 3, 2026 |
From the 13F filings of the 83 funds Hunch tracks, not of every institution: each fund's shares of INFQ at its latest quarter end against the quarter before, as filed (long positions only, options left out), the quarter before put on the latest quarter's share count across a split. A fund files 45 days after its quarter ends, so some have a newer quarter than others. Value is at the quarter end.
Are insiders buying or selling?
Officers and directors bought $647K and sold $283M of INFQ on the open market in the 12 months to Nov 12, 2026. The largest was Maverick Capital Ltd (Director), who sold $266M in 36 sales.
45 sales
1 purchase
Share of the sales' value
Show every trade
| Date | Insider | Role | Trade | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|---|
| Aug 21, 2026 | Maverick Capital Ltd | Director | Sale | 164,824 | $13.02 | $2.1M | Aug 21, 2026 |
| Aug 19, 2026 | Maverick Capital Ltd | Director | Sale | 33,405 | $12.62 | $422K | Aug 21, 2026 |
| Aug 14, 2026 | Maverick Capital Ltd | Director | Buy | 52,071 | $12.42 | $647K | Aug 14, 2026 |
| Aug 13, 2026 | Maverick Capital Ltd | Director | Sale | 1,609 | $12.19 | $20K | Aug 14, 2026 |
| Aug 11, 2026 | Maverick Capital Ltd | Director | Sale | 1,079 | $11.82 | $13K | Aug 14, 2026 |
| Aug 10, 2026 | Maverick Capital Ltd | Director | Sale | 5,488 | $11.69 | $64K | Aug 14, 2026 |
| Aug 7, 2026 | Maverick Capital Ltd | Director | Sale | 6,346 | $11.87 | $75K | Aug 14, 2026 |
| Aug 6, 2026 | Maverick Capital Ltd | Director | Sale | 8,057 | $11.09 | $89K | Aug 14, 2026 |
| Aug 5, 2026 | Maverick Capital Ltd | Director | Sale | 1,324 | $10.88 | $14K | Aug 14, 2026 |
| Aug 4, 2026 | Maverick Capital Ltd | Director | Sale | 28,168 | $11.44 | $322K | Aug 14, 2026 |
| Jun 4, 2026 | Pranav Gokhale | Chief Technology Officer | Sale | 120,000 | $17.73 | $2.1M | Jun 5, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 169,411 | $16.05 | $2.7M | May 29, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 7,277 | $16.85 | $123K | May 29, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 1,353 | $17.91 | $24K | May 29, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 1.54M | $16.05 | $24.7M | May 29, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 66,194 | $16.85 | $1.1M | May 29, 2026 |
| May 29, 2026 | Maverick Capital Ltd | Director | Sale | 12,310 | $17.91 | $220K | May 29, 2026 |
| May 28, 2026 | Kristina M Johnson | Director | Sale | 20,000 | $18.00 | $360K | Jun 1, 2026 |
| May 28, 2026 | Kristina M Johnson | Director | Sale | 30,000 | $16.45 | $494K | Jun 1, 2026 |
| May 27, 2026 | Maverick Capital Ltd | Director | Sale | 758,561 | $15.29 | $11.6M | May 29, 2026 |
| May 27, 2026 | Maverick Capital Ltd | Director | Sale | 332,639 | $15.98 | $5.3M | May 29, 2026 |
| May 27, 2026 | Maverick Capital Ltd | Director | Sale | 1.38M | $15.29 | $21.0M | May 29, 2026 |
| May 27, 2026 | Maverick Capital Ltd | Director | Sale | 603,707 | $15.98 | $9.6M | May 29, 2026 |
| May 26, 2026 | Paul Lipman | Chief Revenue Officer | Sale | 100,000 | $15.83 | $1.6M | May 28, 2026 |
| May 26, 2026 | Matthew John Kinsella | Chief Executive Officer; director | Sale | 112,065 | $15.56 | $1.7M | May 27, 2026 |
| May 22, 2026 | Matthew John Kinsella | Chief Executive Officer; director | Sale | 75,681 | $16.32 | $1.2M | May 27, 2026 |
| May 22, 2026 | Matthew John Kinsella | Chief Executive Officer; director | Sale | 453,865 | $17.31 | $7.9M | May 27, 2026 |
| May 22, 2026 | Matthew John Kinsella | Chief Executive Officer; director | Sale | 16,278 | $17.91 | $292K | May 27, 2026 |
| May 22, 2026 | Matthew John Kinsella | Chief Executive Officer; director | Sale | 112,065 | $17.75 | $2.0M | May 27, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 19,761 | $17.04 | $337K | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 37,564 | $17.04 | $640K | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 35,450 | $17.04 | $604K | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 1.67M | $16.70 | $27.9M | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 137,795 | $17.04 | $2.3M | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 2.64M | $16.70 | $44.0M | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 35,580 | $17.04 | $606K | May 26, 2026 |
| May 22, 2026 | Maverick Capital Ltd | Director | Sale | 751,744 | $17.04 | $12.8M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 8,300 | $14.70 | $122K | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 55,939 | $14.69 | $822K | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 106,336 | $14.69 | $1.6M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 100,350 | $14.69 | $1.5M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 1.43M | $14.69 | $21.1M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 390,066 | $14.69 | $5.7M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 2.26M | $14.69 | $33.2M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 100,720 | $14.69 | $1.5M | May 26, 2026 |
| May 21, 2026 | Maverick Capital Ltd | Director | Sale | 2.13M | $14.69 | $31.3M | May 26, 2026 |
From the Form 4s filed with the SEC about Infleqtion, Inc. (37 in the 12 months): purchases (code P) and sales (code S) on the open market by its officers and directors, at the price each filing gives (often an average of the day's trades). A sale is a 10b5-1 sale when its filing says it was made under such a plan, set up in advance. Not counted: 42 other transactions (grants, option exercises, shares withheld for tax, gifts and other transfers).
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