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PSQL
Volume: 2.12M

PSQL Stock Forecast & Price Target

PSQL Analyst Ratings

Based on 4 analyst ratings
Strong Buy
Strong Buy 100%
Buy 0%
Hold 0%
Sell 0%
Strong Sell 0%

Bulls say

Pasqal Holding is supported by a rare combination of early commercial traction, with seven QPUs deployed, three more in production, and booked and awarded business of about €70.4M, alongside accelerating revenue that rose to €16.5M in 2025 and €4.9M in 1H26. Its neutral-atom architecture is compelling because it monetizes useful analog workloads today while preserving an upgrade path to digital and fault-tolerant computing on the same platform, reducing obsolescence risk and improving the odds that current customer relationships convert into recurring software, cloud, and services revenue. Strong HPC and cloud integrations with NVIDIA, IBM, and major supercomputing centers, plus proof points such as the 256-qubit TmMgGaO₄ simulation, 1,024-atom registers, and a 200-qubit Aramco deployment, validate both technical credibility and enterprise adoption potential.

Bears say

Pasqal Holding is viewed negatively because its commercial ramp remains unproven, with only €4.9M of revenue in 1H26 against an operating loss of €59.2M and cash burn of €25.2M, underscoring a business that is still far from scale. The investment case also depends on converting €70.4M of booked and awarded business into revenue while sustaining repeat demand for analog workloads, yet procurement cycles are slow and the company remains exposed to execution risk as it tries to move toward digital and fault-tolerant systems. Finally, the balance sheet and share count look burdensome: a $250M convertible financing, 10% cash coupon, 12% PIK if unpaid, and additional warrants and options create a heavy dilution overhang that can cap per-share upside even if technology progress continues.

PSQL has been analyzed by 4 analysts, with a consensus rating of Strong Buy. 100% of analysts recommend a Strong Buy, 0% recommend Buy, 0% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Pasqal Holding SA and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Pasqal Holding SA (PSQL) Forecast

Analysts have given PSQL a Strong Buy based on their latest research and market trends.

According to 4 analysts, PSQL has a Strong Buy consensus rating as of Oct 8, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $16.75, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $16.75, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Pasqal Holding SA (PSQL)

Volume: 2.12M

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