Infleqtion Inc. Common Stock (INFQ)

FairStock Score: 22/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Infleqtion is a young quantum-technology company with neutral-atom products across computing, networking, sensing, and security. At the close on 2026-10-13, the stock traded at $10.10, giving a $2.3B market cap. The FairStock P/E is negative at -72.14 because EPS is -$0.14, so reported earnings offer no valuation support. Price-to-book is 3.95, ROE is -41.57%, ROCE is -21.88%, and trailing free cash flow is -$17.5M, a FCF yield of -0.8%. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $13.5M and net loss was $24.7M. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $9.9M and net loss was $29.7M. Compare fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $5.3M and net loss was $9.2M. Revenue has grown, but losses have widened sharply, and FY2025 net loss was $66.9M. The balance sheet shows low leverage with D/E of 0.03 and an Altman Z-Score of 20.44, but negative returns and cash burn still matter. Piotroski is 4/9, FairStock score is 22/100, and the Lynch category is none because only two years of filed results exist; the rule needs three. The business may have promising technology, but with 203 employees and early commercialization I cannot yet identify a durable moat. I would want more filed evidence of gross margins, recurring revenue, and a credible path to positive free cash flow before calling the price cheap. At 3.95 times book, the market is already pricing in substantial future success.

In plain English: Infleqtion makes quantum technology products such as sensors, clocks, and computing tools. The business is not yet profitable: in the quarter ended June 30, 2026, it lost $24.7 million, and it used $17.5 million of cash over the past year. At $10.10 a share, the price looks expensive compared with current sales and losses.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer