Metrics to compare | IQMXC | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipIQMXCPeersSector | |
|---|---|---|---|---|
P/E Ratio | −17.2x | 8.4x | 12.0x | |
PEG Ratio | - | −0.10 | 0.01 | |
Price/Book | 8.9x | 1.1x | 2.4x | |
Price / LTM Sales | 47.6x | 2.1x | 2.2x | |
Upside (Analyst Target) | 54.2% | 91.1% | 39.0% | |
Fair Value Upside | Unlock | 17.6% | 7.1% | Unlock |
IQM Quantum Computers Oyj builds and delivers quantum computers. The company offers full-stack quantum computing systems, including the IQM Spark system, a five-qubit quantum computer designed primarily for education and research environments; IQM Radiance system, a system currently spanning configurations from approximately 20 to 150 qubits designed for high-performance computing centers and offers an upgradeable platform; and IQM Halocene system, a system designed to scale beyond 150 qubits while incorporating quantum error correction capabilities that are intended to support more advanced quantum applications; as well as the IQM Resonance cloud platform. The company also offers professional services, including training, maintenance and technical support. It serves research institutions, universities, high-performance computing centers, and enterprises. The company was founded in 2018 and is headquartered in Espoo, Finland.