---
title: "Canaccord Genuity maintains Buy rating on Pasqal Holding, $16 price target"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300307175.md"
description: "Canaccord Genuity maintains a Buy rating on Pasqal Holding with a $16 price target, implying 128.9% upside from the Sep 25 close of $6.99. The firm cites strong revenue growth in QPU services (34% YoY increase) and significant cash reserves of €110.8 million as key drivers supporting the company's financial foundation and strategic initiatives in the quantum computing sector."
datetime: "2026-09-28T12:42:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300307175.md)
  - [en](https://longbridge.com/en/news/300307175.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300307175.md)
generator: "portal-rs"
---

# Canaccord Genuity maintains Buy rating on Pasqal Holding, $16 price target

Canaccord Genuity maintained their Buy rating on Pasqal Holding's stock with a price target of $16.00.

The price target implies an upside of 128.9% from the Sep 25 close of $6.99.

**Key takeaways from the analyst note**

**Strong Revenue Growth in QPU Services**: Pasqal Holding reported a 34% year-over-year increase in revenue from QPU-related services, which indicates robust demand for their quantum computing solutions and a positive trajectory for future earnings.

**Significant Cash Reserves for Growth**: With €110.8 million in cash and equivalents, Pasqal has a solid financial foundation to support its operations and strategic initiatives, providing investors with confidence in the company’s ability to navigate the competitive quantum computing landscape.

Explore more price target data and ratings for Pasqal Holding on the .

**Disclaimer**

Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**