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Quanome Technologies (QNME) AI Stock Analysis

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QNME

Quanome Technologies

(NASDAQ:QNME)

Select Model
Rating:48Neutral
Price Target:$0.44â–²(4.07% Upside)
Action:reiterated
Date:10/29/26

The score is held down primarily by deteriorating financial performance—sharp revenue contraction, widening net losses, and continued negative operating/free cash flow—along with bearish technical momentum (price below key moving averages and negative MACD). Offsetting this, recent corporate events point to meaningful AI-infrastructure commercial traction (large multi-year contract and a $13.5M prepayment) and added financing flexibility, but dilution risk from the ATM offering and current losses keep the overall score below average.

Positive Factors
Long-term AI infrastructure contractThe 60-month enterprise order provides a substantial contracted demand base for Quanome’s emerging AI infrastructure business. If service-start conditions are met and execution proceeds, the arrangement could support recurring revenue visibility and help establish a durable commercial platform.
Negative Factors
Sharp revenue and earnings deteriorationThe latest annual results show a severe contraction in the revenue base alongside materially wider losses. This weakens operating scalability and makes future profitability more dependent on successful execution of the newer AI infrastructure strategy rather than demonstrated historical performance.

Quanome Technologies (QNME) vs. SPDR S&P 500 ETF (SPY)

-80%-60%-40%-20%0%20%QNME-63.01%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
$14.41M
Dividend Yield
―
Average Volume (3M)
14.48M
Price to Earnings (P/E)
-1.1
Beta (1Y)
1.51
Revenue Growth
-14.66%
EPS Growth
36.99%
Country
US
Employees
27
Sector
General
Sector Strength
55
Industry
Airlines, Airports & Air Services

Quanome Technologies Business Overview & Revenue Model

Company Description

Following a name change from Lakeside Holding Limited in August 2026, the company shifted its strategic focus to technologies, applications, and partnerships at the intersection of quantum computing, artificial intelligence, and advanced simulation....

Quanome Technologies Financial Statement Overview

Summary

Financial health is pressured by sharply weaker operating results and cash burn. Revenue fell steeply in 2026 (5.9M vs. 17.8M in 2025) and losses widened (net loss -9.5M vs. -5.2M), while operating and free cash flow stayed negative and worsened in 2026 (OCF -3.18M; FCF -3.11M). The balance sheet improved materially with much lower debt (0.24M vs. 6.39M) and higher equity (7.0M vs. 2.8M), but profitability and cash generation remain key weaknesses.

Income Statement

18Very Negative

Balance Sheet

52Neutral

Cash Flow

24Negative
Financial statement breakdown
BreakdownTTMJun 2026Sep 2025Sep 2024Jun 2023Jun 2022
Income Statement
Total Revenue5.85M5.85M17.79M18.32M12.87M9.61M
Gross Profit3.32M3.32M2.88M3.72M2.56M1.81M
EBITDA-9.76M-9.76M-4.26M-12.26K1.29M171.01K
Net Income-9.48M-9.48M-5.25M-225.25K740.99K-2,889
Balance Sheet
Total Assets11.65M11.65M14.41M9.19M5.47M5.35M
Cash, Cash Equivalents and Short-Term Investments670.28K670.28K4.96M123.55K174.02K373.53K
Total Debt478.35K478.35K6.39M4.63M3.22M3.93M
Total Liabilities4.65M4.65M11.56M8.55M4.62M5.27M
Stockholders Equity7.01M7.01M2.85M639.79K861.83K78.47K
Cash Flow
Free Cash Flow-4.43M-3.11M-2.70M-53.64K21.02K188.69K
Operating Cash Flow-4.57M-3.18M-2.66M-53.64K39.30K312.98K
Investing Cash Flow-8.60M69.22K-688.26K-78.80K-18.29K-124.30K
Financing Cash Flow9.18M1.41M8.17M78.75K-253.09K14.89K

Quanome Technologies Technical Analysis

Technical Analysis SentimentNegative
Last Price0.42

Price Trends

50DMA0.48Negative
100DMA0.46Negative
200DMA0.59Negative

Market Momentum

MACD-0.04Positive
RSI43.97Neutral
STOCH27.11Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QNME, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.48, and below the 200-day MA of 0.59, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 43.97 is Neutral, neither overbought nor oversold. The STOCH value of 27.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QNME.

Quanome Technologies Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

QNME against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
JYDJYD48Neutral$13.53M-1.29-23.56%―6.45%81.99%
QNMEQNME48Neutral$14.41M-1.12-95.43%―-14.66%36.99%
PSIGPSIG43Neutral$75.52M-1.29-440.71%―――
BTOCBTOC40Underperform$6.34M-0.30-133.87%―-2.40%-27.89%
CJMBCJMB37Underperform$2.42M-0.21-444.91%―-13.77%-80.48%

* General Sector Average

Performance Comparison

0%100%200%300%400%QNMEPSIGJYDBTOCNCEWCJMBDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
QNME and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
QNMEQuanome Technologies, Inc.0.42-0.72-63.33%
PSIGPs International Group Limited4.910.8520.94%
JYDJayud Global Logistics Limited Class A1.63-2.67-62.09%
BTOCArmlogi Holding Corp2.23-7.03-75.90%
NCEWNew Century Logistics (BVI) Ltd.17.5013.36322.71%
CJMBCallan JMB, Inc.0.42-3.46-89.15%

Quanome Technologies Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Quanome Technologies Secures Major AI Infrastructure Prepayment

Positive
Oct 29, 2026

On October 29, 2026, Quanome Technologies announced that its indirect subsidiary XDT Infrastructure I, LLC received a US$13.5 million milestone prepayment from an enterprise customer for dedicated AI inference services, marking the first significant...

Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance

Quanome Technologies Launches Flexible At-The-Market Stock Offering

Positive
Oct 21, 2026

On October 21, 2026, Quanome Technologies entered into an at-the-market offering agreement with Maxim Group, enabling the company to sell up to approximately $9.75 million of its common stock from time to time under an already effective shelf registr...

Business Operations and Strategy

Quanome Technologies Secures Major AI Infrastructure Services Deal

Positive
Oct 9, 2026

On October 8, 2026, Quanome Technologies announced that its wholly owned subsidiary XDT Infrastructure I, LLC had signed its first enterprise Master Services Agreement and initial order to deliver dedicated AI inference computing capacity. Under the...

Business Operations and StrategyPrivate Placements and Financing

Quanome Expands AI Infrastructure with Major GPU Deal

Positive
Oct 5, 2026

On September 29, 2026, Quanome Technologies entered into a purchase and sale agreement with Compal Electronics to acquire 32 additional GPU server units for about US$18.8 million, with a 20% down payment and 80% due before shipment after readiness co...

Business Operations and StrategyPrivate Placements and Financing

Quanome Technologies Secures Insider-Funded Revolving Credit Facility

Positive
Oct 1, 2026

On September 28, 2026, Quanome Technologies entered into a revolving loan agreement with its chairman and CEO, Yang Li, providing the company with access to up to $15 million in insider-funded, non-dilutive growth capital at an interest rate of 6.0%...

Business Operations and StrategyProduct-Related Announcements

Quanome Advances AI Cloud with NVIDIA Infrastructure Deal

Positive
Sep 23, 2026

Quanome Technologies said on September 23, 2026 that it is advancing its quantum and AI systems strategy with an approximately US$18.8 million purchase agreement for NVIDIA GPU-powered computing infrastructure, signed on September 16, 2026, to build...

Executive/Board Changes

Quanome Technologies Announces Board Changes, Adds Independent Director

Neutral
Sep 21, 2026

On September 21, 2026, Quanome Technologies, Inc. accepted the resignation of director Xiaoou Li, who left the board with immediate effect and without any disagreement over the company’s operations, policies or practices. On the same day, the b...

Business Operations and Strategy

Quanome Technologies Invests in AI GPU Infrastructure Expansion

Positive
Sep 21, 2026

On September 16, 2026, Quanome Technologies, Inc. entered into a Purchase and Sale Agreement with Compal Electronics, Inc. to acquire 32 GPU server units for approximately US$18.8 million, with staged payments of 20% on order acceptance and 80% prior...

Business Operations and Strategy

Quanome Technologies Forms Global Quantum Scientific Advisory Bodies

Positive
Aug 20, 2026

On Aug. 20, 2026, Quanome Technologies established a Global Quantum Council and a Scientific Advisory Network to deepen its expertise in quantum science and advanced technologies. The Council is structured around four specialist streams—quantum...

Business Operations and StrategyDelistings and Listing Changes

Quanome Technologies Debuts New Identity and Nasdaq Listing

Positive
Aug 5, 2026

Quanome Technologies, Inc., a U.S.-based quantum-focused technology company headquartered in Itasca, Illinois, has rebranded from Lakeside Holding Limited and now trades on the Nasdaq Capital Market under the ticker QNME. The firm is building technol...

Business Operations and StrategyRegulatory Filings and Compliance

Quanome Technologies Completes Corporate Name and Governance Changes

Neutral
Aug 4, 2026

On August 3, 2026, Quanome Technologies, Inc. filed a Certificate of Amendment with the Nevada Secretary of State to formally change its corporate name from Lakeside Holding Limited, with the board approving the change under Chapter 78 of the Nevada...

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: Oct 29, 2026