INFLEQTION INC (INFQ)
Information Technology · Quantum Computing · NYSE
Infleqtion is a developer of quantum computing technology focused on bridging the gap between scientific innovation and commercial-grade quantum applications.
What INFLEQTION INC does
Infleqtion is a quantum technology company focused on the commercialization of quantum computing and related applications. The company develops and delivers hardware and solutions based on its quantum technology, primarily serving government entities and large enterprise customers.
Themes: quantum computing
Fundamentals
- Price$9.28 as of 2026-10-21 close
- Market cap$2.1B as of 2026-08-14 (share count; price 2026-10-21)
- P/En/a negative earnings
- ROICn/a No figure: its 10-K tags no pre-tax income, so no tax rate can be taken.
- Debt / equityn/a No figure: its filing tags none of the debt lines we read, which is not evidence of zero debt.
- Beta4.01 as of 2026-09-02
- Last reported earnings2026-08-12 SEC EDGAR Form 8-K (Item 2.02)
Top 10 scores & list membership
INFQ is not currently in any published Top 10 list. Its scores are below.
Top 10 score
Not scored for the top 10 list: no profitability data.
Scores as of 21 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
Quarterly results
| Quarter | Operating income | Net income | Operating cash flow |
|---|---|---|---|
| Q2 FY2026 2026-06-30 | -$30M | -$25M | $13M† |
| Q1 FY2026 2026-03-31 | -$33M | -$30M | -$19M |
| Q4 FY2025 2025-12-31 | -$12M† | -$11M† | -$8M† |
| Q3 FY2025 2025-09-30 | -$7M | -$33M | -$6M† |
| Q2 FY2025 2025-06-30 | -$10M | -$9M | -$3M† |
| Q1 FY2025 2025-03-31 | -$7M | -$6M | -$7M |
| Q4 FY2024 2024-12-31 | $0† | $0† | $0† |
| Q3 FY2024 2024-09-30 | -$69 | -$69 | $0† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-06-30
- Cash and equivalents$59M
- Short-term investments$418M
- Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How INFLEQTION INC looks technically
INFLEQTION INC (INFQ): a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 33, neither overbought (above 70) nor oversold (below 30). It made a new 20-day low about 4 trading days ago.
Trend
8
| Distance from the 200-day | not enough price history yet — needs 200 trading sessions | n/a |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $12.49 | $12.49 |
| 200-day moving average | not enough price history yet — needs 200 trading sessions | n/a |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 28 calendar days ago — the swings before that are what the structure reading is measured on | 28 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 15.0636. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | not enough price history yet — needs 200 trading sessions | n/a |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 33, with sellers in control | 33.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 33, neither overbought (above 70) nor oversold (below 30) | 33.3 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($8.38 to $13.71) — its "stochastic" reading is 17 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 16.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 16 sessions |
Range
7
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
|---|---|---|
| Since a 55-day breakout | it made a new 55-day low about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $21.28 (set on 2026-04-17) | $21.28 |
| Given back of the 52-week move | not available for this company yet | n/a |
| Nearest price level | not enough price history yet — needs 252 trading sessions | n/a |
| All-time low | its lowest closing price on record is $8.38 (set on 2026-10-20) | $8.38 |
| Above the all-time low | it is 10.7% above its all-time low | +10.7% |
Volatility
4
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 94% of the past ~6 months) | 94th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.7593 between its high and its low — about 8.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.7593 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $7.40 and $15.61 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $7.40 – $11.51 – $15.61 |
| Typical daily range (% of price) | its price moves about 8.2% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 8.2% |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.96× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 6.4% since the prior reading | -6.4% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating has softened toward "sell" since the prior reading | 0.29 toward sell |
Price gaps
3
| Gap at the open | it opened on 2026-10-21 2.9% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +2.9% |
|---|---|---|
| Open gap | it gapped 2.9% above the previous close today and has not traded back through the level it left behind at 8.66 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.9% |
| Gap filled | a 2.9% gap down opened on 2026-10-20 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 1 session ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 33.5 percentage points (the stock lost 33.5% while the market lost 0.1%) | -33.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 9.5 percentage points (the stock lost 6.2% while the market gained 3.3%) | -9.5% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 48.0 percentage points (the stock lost 38.2% while the market gained 9.8%) | -48.0% |
| vs market, 12 months | not available for this company yet | n/a |
Signal agreement
2
| Bullish technical signals | 1 of the 7 technical signals we can compute for it is currently in a bullish state: near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 1 of 7 |
|---|---|---|
| Bearish technical signals | 4 of the 7 technical signals we can compute for it are currently in a bearish state: MACD momentum is negative, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 7 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 20% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-15 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 16.0% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -20.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 28% below the average price paid since 2026-02-17, so the typical buyer over that stretch is under water. That average is $12.96 — a volume-weighted average of daily closes over 162 sessions, not a true tick-by-tick VWAP. | -28.4% |
|---|---|---|
| Vs the average paid since it last reported | the price is 26% below the average price paid since it last reported on 2026-08-12 (its 8-K), so the typical buyer over that stretch is under water. That average is $12.54 — a volume-weighted average of daily closes over 50 sessions, not a true tick-by-tick VWAP. | -26.0% |
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $15.06.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 30 trading days, since 2026-09-10.
Read from daily closes as of 2026-10-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 50-day moving average · Analyst price target recently CUT · Most volatile (6%+ typical daily range) · At the bottom of its 14-day range (stochastic below 20) · Under water since its last earnings report (below the anchored VWAP) · Trading below the Ichimoku cloud | Learn: adx · rsi · breakout
Based on daily closing prices as of 2026-10-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.29 mean, 1=Strong Buy…5=Strong Sell) — 7 analysts
- Mean price target$20.43 range $12.00 – $25.00; median $22.00
Analyst estimates, as of 2026-10-16. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for INFQ
- Consensus EPS estimate-$0.046 next reporting period, as of 2026-10-16
- Estimate change, 30 days-$0.0035 from -$0.0425, on 2026-09-11, 35-day window
- Readings revised upward0% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Immaturity of quantum technology and significant barriers to meeting technical specifications","History of operating losses and uncertainty regarding future profitability","Substantial need for additional capital and uncertainty regarding availability of future financing"]
What changed in the latest 10-Q
AI-assisted comparison of INFQ's 10-Q filed 2026-08-18 against the prior one filed 2026-05-15.
Management's Discussion & Analysis (MD&A)
- Reworded:
- In the older filing (filed 2026-05-15), the parenthetical for Legacy Infleqtion reads '"Legacy Infleqtion", collectively referred to as the "Company"' with no closing parenthesis after the closing quote; in the newer filing (filed 2026-08-18), it reads '"Legacy Infleqtion"), collectively referred to as the "Company"' with a closing parenthesis added.
- In the older filing (filed 2026-05-15), the phrase 'Management' Discussion and Analysis' lacks an apostrophe-s; in the newer filing (filed 2026-08-18), it reads 'Management's Discussion and Analysis'.
- In the older filing (filed 2026-05-15), 'propriety software' appears; in the newer filing (filed 2026-08-18), it reads 'proprietary software'.
- The logical qubit achievement date was updated: older filing (filed 2026-05-15) states 'As of March 31, 2026, the Company has achieved 12 logical qubits'; newer filing (filed 2026-08-18) states 'As of June 30, 2026, the Company has achieved 12 logical qubits'.
- In the older filing (filed 2026-05-15), the Business Combination closing date parenthetical reads 'On February 13, 2026 (the "Closing)' with an unmatched opening parenthesis and quote; in the newer filing (filed 2026-08-18), it reads 'On February 13, 2026 (the "Closing")' with matching parenthesis and quote.
- In the older filing (filed 2026-05-15), the reference to the Business Combination note reads 'Refer to Note 3 to our unaudited condensed consolidated financial statements'; in the newer filing (filed 2026-08-18), it reads 'Refer to Note 3 - Business Combination to our unaudited condensed consolidated financial statements'.
- In the older filing (filed 2026-05-15), the sentence about shares and warrants outstanding includes 'which amounts remained unchanged as of March 31, 2026.'; in the newer filing (filed 2026-08-18), that clause is absent.
- In the older filing (filed 2026-05-15), the PIPE Investment share price is stated as '$10.0 per share'; in the newer filing (filed 2026-08-18), it reads '$10.00 per share'.
- In the older filing (filed 2026-05-15), the last sentence of the provided text reads 'At the Closing, Legacy Infleqtion became the accounting acquirer and the successor registrant with the SEC. Acco'; in the newer filing (filed 2026-08-18), the provided text ends at 'under U.S. generally accepted accounting pri' and does not include the successor registrant sentence.
- Notes:
- Both source texts are truncated mid-sentence at the end of the provided excerpts.
- The comparison is limited to the portions of the MD&A provided; changes beyond the excerpt boundaries cannot be assessed.
Risk Factors
- Added:
- In the newer filing (2026-08-18), Item 5 Other Information states that 'During the three months ended June 30, 2026, none of our officers or directors adopted, modified or terminated any such trading arrangements.' This is a new quarterly period reference not present in the older filing.
- Removed:
- In the newer filing (2026-08-18), Exhibit 10.1 (Form of PIPE Subscription Agreement) is no longer listed in the Exhibit index.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
1 open-market purchase and 9 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 6 days since 2026-10-16 have not been checked yet.
- Last 90 days · read to 2026-10-161 buy ($646836) · 9 sells ($3M) — 1 buying, 1 selling insiders
- Last 180 days · read to 2026-10-161 buy ($646836) · 67 sells ($542M) — 1 buying, 6 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-21. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about INFQ's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
6 institutional 13F filers reported holding INFQ as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 6
- Reported shares held 22,580,579
- Reported value $300,773,311
reported quarterly holdings change (2026-03-31 → 2026-06-30): 4 new, 2 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about INFQ's institutional holders → See what each manager we track holds →
Short interest (FINRA)
INFQ had 25,062,468 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
INFQ had 11.1% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.9 days to cover at the same settlement.
- Reported short interest (shares) 25,062,468
- Short interest (% of shares outstanding) 11.1%
- Prior settlement (shares) 20,940,612
- Reported change 19.68%
- Days to cover (reported) 2.9
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Frequently asked questions
What does INFLEQTION INC (INFQ) do?
Infleqtion is a quantum technology company focused on the commercialization of quantum computing and related applications. The company develops and delivers hardware and solutions based on its quantum technology, primarily serving government entities and large enterprise customers.
What sector is INFLEQTION INC (INFQ) in?
INFLEQTION INC (INFQ) is classified in the Information Technology sector. Its industry is Quantum Computing. It trades on NYSE.
Is INFLEQTION INC (INFQ) overbought or oversold right now?
INFLEQTION INC (INFQ) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 33, in the neutral middle (as of 2026-10-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on INFQ come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.