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Horizon Quantum Holdings (HQ)
NASDAQ:HQ
US Market
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Horizon Quantum Holdings (HQ) AI Stock Analysis

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HQ

Horizon Quantum Holdings

(NASDAQ:HQ)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
$23.50
▲(99.49% Upside)
Action:Reiterated
Date:06/24/26
Overall score is held down primarily by weak financial performance (ongoing losses and negative free cash flow), partially offset by a low-debt, equity-funded balance sheet. Technicals are supportive due to strong price trend and positive MACD, but overbought RSI/Stoch increase near-term downside risk. Valuation remains unattractive/indeterminate because losses make the negative P/E less informative and there is no dividend yield data.
Positive Factors
Equity-funded balance sheet
A large equity cushion with minimal debt provides durable financial flexibility: it reduces insolvency risk, supports sustained R&D or product investment without immediate refinancing, and gives time for strategy execution before external funding is required.
Negative Factors
Sustained operating losses
Large, persistent operating losses erode equity over time and limit reinvestment capacity. Without a clear and sustained reversal in operating profitability, the company faces structural risks to long-term viability and may need recurring external capital to fund operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Equity-funded balance sheet
A large equity cushion with minimal debt provides durable financial flexibility: it reduces insolvency risk, supports sustained R&D or product investment without immediate refinancing, and gives time for strategy execution before external funding is required.
Read all positive factors

Horizon Quantum Holdings (HQ) vs. SPDR S&P 500 ETF (SPY)

Horizon Quantum Holdings Business Overview & Revenue Model

Company Description
dMY Squared is a company dedicated to facilitating the successful debut of future industry leaders and their ventures on public stock exchanges. The organization endeavors to broaden investor participation in innovative, market-defining companies ...
How the Company Makes Money
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Horizon Quantum Holdings Financial Statement Overview

Summary
Financials are pressured by sustained operating losses (TTM EBIT -$10.5M, net loss -$16.8M) and negative free cash flow (-$3.8M). The key offset is a strong equity cushion (~$83.9M) and very low debt (~$0.4M), providing balance-sheet flexibility despite weak profitability and cash burn.
Income Statement
14
Very Negative
Balance Sheet
62
Positive
Cash Flow
23
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022
Income Statement
Total Revenue39.18K0.000.000.000.00
Gross Profit39.18K0.000.000.000.00
EBITDA-7.37M-5.74M-1.14M0.000.00
Net Income-11.47M-22.91M-819.41K2.30M-2.87M
Balance Sheet
Total Assets131.72M35.26M26.03M67.70M65.51M
Cash, Cash Equivalents and Short-Term Investments124.38M100.00309.40K9.00238.54K
Total Debt498.44K2.75M1.59M1.13M947.85K
Total Liabilities23.73M34.94M7.39M6.22M6.32M
Stockholders Equity107.99M319.76K18.64M61.48M59.18M
Cash Flow
Free Cash Flow-5.07M-452.76K-1.40M-600.34K-1.07M
Operating Cash Flow-4.96M-452.76K-1.40M-600.34K-1.07M
Investing Cash Flow-366.73K-851.52K43.25M304.00K-64.14M
Financing Cash Flow129.44M906.58K-41.55M57.81K65.44M

Horizon Quantum Holdings Risk Analysis

Horizon Quantum Holdings disclosed 80 risk factors in its most recent earnings report. Horizon Quantum Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Horizon Quantum Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
51
Neutral
$883.70M-7.09-49.23%-2090.27%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HQ
Horizon Quantum Holdings
27.76
14.56
110.30%
FORL
Four Leaf Acquisition Corporation Class A
11.00
-0.61
-5.21%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 24, 2026