Want to see HQ full AI Analyst Report?
Horizon Quantum Holdings (HQ) AI Stock Analysis
Horizon Quantum Holdings
(NASDAQ:HQ)
HQ’s score is primarily pressured by weak financial performance (effectively zero TTM revenue, large ongoing losses, and continued negative operating/free cash flow), which outweighs the benefit of low debt. Technicals add further downside bias with the stock trading below key moving averages and a negative MACD. Valuation provides limited support because the P/E is negative and no dividend yield is available.
Horizon Quantum Holdings (HQ) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $757.77M
- Dividend Yield
- ―
- Average Volume (3M)
- 290.29K
- Price to Earnings (P/E)
- -0.5
- Beta (1Y)
- 1.07
- Revenue Growth
- ―
- EPS Growth
- -40.82%
- Country
- US
- Employees
- 25
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Infrastructure
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 by...
How the Company Makes Money
null
Horizon Quantum Holdings Financial Statement Overview
Summary
Overall financials indicate a high-risk profile: TTM revenue is effectively zero with a -100% growth rate, losses are very large (TTM net income about -$162.4M), and cash burn persists (TTM operating cash flow about -$11.4M; TTM free cash flow about -$18.6M). The main positive offset is very low leverage in TTM (debt about $0.5M vs equity about $56.9M), though equity has been highly volatile across periods.
Income Statement
8Very NegativeBalance Sheet
55NeutralCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0 | 50.00K | 361.56K | 50.09K | 0 |
| Gross Profit | 0 | 50.00K | 361.56K | 50.09K | 0 |
| EBITDA | -123.09M | -21.01M | -6.62M | ― | -1.46M |
| Net Income | -128.68M | -23.07M | -7.52M | -5.19M | -3.21M |
Balance Sheet | |||||
| Total Assets | 160.76M | 35.26M | 11.95M | 17.99M | 88.15M |
| Cash, Cash Equivalents and Short-Term Investments | 146.37M | 100 | 6.65M | 16.54M | 320.99K |
| Total Debt | 474.98K | 2.75M | 812.12K | 27.31K | 1.28M |
| Total Liabilities | 103.87M | 34.94M | 1.52M | 225.86K | 8.51M |
| Stockholders Equity | 56.89M | 319.76K | 10.43M | 17.76M | 79.64M |
Cash Flow | |||||
| Free Cash Flow | -18.60M | -452.76K | -10.21M | -5.45M | -1.44M |
| Operating Cash Flow | -11.44M | -452.76K | -7.46M | -4.87M | -1.44M |
| Investing Cash Flow | -7.22M | -851.52K | -2.75M | -586.57K | -86.31M |
| Financing Cash Flow | 164.29M | 906.58K | 0 | 6.65M | 88.06M |
Horizon Quantum Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HQ, the sentiment is Negative. The current price of 14.25 is below the 20-day moving average (MA) of 14.90, below the 50-day MA of 15.25, and below the 200-day MA of 14.29, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 45.70 is Neutral, neither overbought nor oversold. The STOCH value of 73.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HQ.
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.
Latest Risks Added
0 New RisksHorizon Quantum Holdings Peers Comparison
Overall Rating
GCT80Outperform
CCSI69Neutral
CRWV47Neutral
XNDU46Neutral
RXT44Neutral- HQ43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| GCT | 80Outperform | $2.08B | 13.87 | 31.42% | ― | 22.86% | 27.08% |
| CCSI | 69Neutral | $684.25M | 7.39 | 506.78% | ― | 1.45% | 20.83% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| CRWV | 47Neutral | $30.26B | -15.03 | -45.37% | ― | 115.26% | -47.09% |
| XNDU | 46Neutral | $879.70M | -0.97 | -47.25% | ― | ― | ― |
| RXT | 44Neutral | $667.77M | -4.05 | 12.97% | ― | 0.34% | 60.08% |
| HQ | 43Neutral | $757.77M | -0.55 | -296.81% | ― | ― | -40.82% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HQ | Horizon Quantum Holdings Ltd | 14.04 | 2.01 | 16.71% | |
| RXT | Rackspace Technology, Inc. | 2.62 | 1.12 | 74.67% | |
| CCSI | Consensus Cloud Solutions, Inc. | 37.34 | 8.64 | 30.10% | |
| GCT | GigaCloud Technology, Inc. Class A | 58.38 | 31.80 | 119.64% | |
| CRWV | Coreweave, Inc. | 54.87 | -60.88 | -52.60% | |
| XNDU | Xanadu Quantum Technologies Limited | 2.89 | -9.96 | -77.51% |
Horizon Quantum Holdings Corporate Events
Horizon Quantum Updates Interim Financials and Capital Structure in August Form 6-K
Horizon Quantum Holdings Ltd., based in Singapore, is a foreign private issuer whose shares are listed on Nasdaq. The company operates in the quantum technology sector, focusing on software and collaborations with hardware providers, and remains in a...
Horizon Quantum Boosts Cash Runway and Advances Testbed Strategy in Q2 2026
Horizon Quantum reported its second‑quarter 2026 results on August 4, detailing progress in its quantum software stack and testbed operations alongside a strengthened cash position. The period saw the early access release of its Beryllium progr...
Horizon Quantum Appoints Amanda Chew as Chief Product Officer
Horizon Quantum Holdings has strengthened its product leadership with the appointment of Qian Yi Amanda Chew as Chief Product Officer, decided by the board on July 28, 2026 and effective August 17, 2026. Chew’s elevation from Vice President of...
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: Sep 16, 2026