Morgan Stanley Upgrades Quantinuum to Overweight from Equal-Weight
Fintel reports that on October 15, 2026, Morgan Stanley upgraded their outlook for Quantinuum (NASDAQGM:QNT) (DB:R5P) from Equal-Weight to Overweight.
This rating action follows the firm's prior action on June 29, 2026, when Morgan Stanley initiated coverage on the company with an Equal-Weight rating.
On the day of the upgrade, October 15, 2026, Quantinuum's stock closed at $36.63, following a pre-action close of $33.03 on October 14, 2026. The stock has experienced a price change of -11.78% over one week, relative to a baseline close of $41.52 on October 8, 2026. Over a one-month period, the price change was -24.71% from a baseline close of $48.65 on September 15, 2026.
Separately from Morgan Stanley's individual rating, the broader analyst consensus presents a different picture. As of October 2, 2026, the current consensus target mean stands at $99.13, with a median target of $94.86. This mean target represents an implied change of +170.61%.
In terms of financial performance, Quantinuum reported its latest earnings on August 11, 2026. The company posted an actual EPS of -0.28 compared to the estimated EPS of -0.2617. Actual revenue reached $7,998,000.00, exceeding the estimated revenue of $7,673,475.00. The company's upcoming earnings announcement is scheduled for November 12, 2026.
Aggregate recommendation data from the current period beginning September 1, 2026, shows a total of 17 recommendations, with 4 strong buy, 11 buy, and 2 hold ratings. This distribution yields a positive recommendation rate of 88.2% and a hold rate of 11.8%.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 15, 2026 | Morgan Stanley | Equal-Weight | Overweight | upgrade |
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This story originally appeared on Fintel.