Horizon Quantum Computing Pte. (NASDAQ:HQ) Trading 10.8% Higher – Time to Buy?

Posted by Donna Armstrong on May 6th, 2026

Horizon Quantum Computing Pte. Ltd. (NASDAQ:HQ – Get Free Report) traded up 10.8% during trading on Wednesday . The company traded as high as $10.95 and last traded at $10.74. 32,014 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 148,233 shares. The stock had previously closed at $9.69.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of Horizon Quantum Computing Pte. in a research note on Tuesday, April 21st. They issued a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Get Our Latest Stock Report on Horizon Quantum Computing Pte.

Horizon Quantum Computing Pte. Stock Performance

The company has a market cap of $536.43 million, a P/E ratio of -3.30 and a beta of 0.46.

Horizon Quantum Computing Pte. (NASDAQ:HQ – Get Free Report) last issued its earnings results on Tuesday, May 5th. The quantum computing company reported ($0.09) earnings per share for the quarter.

Horizon Quantum Computing Pte. Company Profile

(Get Free Report)

Horizon Quantum Holdings Ltd. is a quantum software infrastructure company focused on tools and systems that help developers build and deploy quantum applications. The company emphasizes software, algorithms, and workflow infrastructure intended to support practical quantum and hybrid quantum-classical use cases.

Horizon Quantum became a public company through its business combination with dMY Squared Technology Group, Inc (DMYY), which was formed to take a private company public through a business combination.