Analysts expect IQM Quantum Computers (IQMX) to report Q3 2026 revenue of €10.58 million and an EPS of -€0.17, while the stock currently trades at $8.43 with a consensus price target of $16.44.
The key focus for investors is the company’s ability to convert its massive €102.1 million order backlog into recognized revenue, particularly following its recent landmark deal with the LUMI AI Factory.
This quarter marks a pivotal transition as the company scales its on-premises deployment model across Europe and North America. Recent highlights include the first delivery to the US Department of Energy and maintained full-year revenue guidance of €42–47 million.