---
title: "Infleqtion Stock Rises as Canaccord Sees 70% Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291571799.md"
description: "Infleqtion (NYSE:INFQ) shares rose as Canaccord Genuity and Wedbush initiated coverage with bullish ratings, citing a 70% upside potential. Analysts highlighted the company's full-stack quantum technology platform, policy support from recent executive orders, and significant government funding. Despite broader tech sector weakness, investor optimism drove the stock-specific gain."
datetime: "2026-07-02T16:26:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291571799.md)
  - [en](https://longbridge.com/en/news/291571799.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291571799.md)
generator: "portal-rs"
---

# Infleqtion Stock Rises as Canaccord Sees 70% Upside

**Infleqtion, Inc**. (NYSE:INFQ) shares traded higher on Thursday as investors responded to fresh bullish analyst coverage, even as the broader technology sector weakened.

**Canaccord Genuity** analyst Kingsley Crane initiated coverage on Infleqtion with a Buy rating and a $22 price forecast, implying about 70% upside.

Last week, **Wedbush Securities** also initiated coverage with an **Outperform** rating and a $20 price forecast, calling the stock "meaningfully mispriced" and pointing to significant upside from recent trading levels.

## **What Is Driving Upside in Infleqtion’s Stock?**

Wedbush said Infleqtion’s valuation gap reflects limited analyst coverage since the stock began trading in February and continued skepticism around neutral-atom quantum technology.

The firm also cited policy support for quantum technologies as a potential tailwind following President **Donald Trump**‘s June 22 executive order directing federal agencies to accelerate quantum technology development. Infleqtion CEO **Matthew Kinsella** attended the signing.

The analyst attention and policy backdrop helped make INFQ’s gain stand out as a stock-specific move while the broader technology sector traded lower.

 **Read Also: Trump Signs Executive Orders That Bolster America As World Leader In Quantum Computing: D-Wave, Rigetti, IonQ Stocks Pop After Hours** 

## What Does Infleqtion Do in Quantum Technology?

Infleqtion develops quantum sensing, computing, and software products through a full-stack platform serving defense, AI, energy, space, materials discovery, and cybersecurity markets.

The bullish view is that investors may be valuing the company mainly as a sensing play while underappreciating its computing ambitions.

The company is also tied to $100 million in Department of Commerce funding for large-scale neutral-atom quantum computing systems.

## INFQ Stock Price Activity on Thursday

**INFQ Stock Price Activity:** Infleqtion shares are up 0.62% at $13.01 at the time of publication on Thursday, according to Benzinga Pro data.

*Photo: courtesy of Infleqtion*

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## Related News & Research

- [Infleqtion to Participate in Key Investor and Industry Conferences Throughout Fall 2026 | INFQ Stock News](https://longbridge.com/en/news/296235234.md)
- [Infleqtion delays Q2 10-Q filing amid revenue recognition review](https://longbridge.com/en/news/296147882.md)
- [Infleqtion lifts Q2 revenue to $13.5 million after government contract accounting adjustment](https://longbridge.com/en/news/296210680.md)
- [Maverick Capital reports sale of 198,229 Infleqtion shares worth $2.57 million](https://longbridge.com/en/news/296658881.md)
- [Infleqtion executives present at investor, quantum industry conferences through fall 2026](https://longbridge.com/en/news/296236088.md)

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