Xanadu Quantum Technologies Stock Will Rally on Meeting Milestones, Monetizing, RBC Says

11:46 AM EDT, 09/29/2026 (MT Newswires) -- Xanadu Quantum Technologies' (XNDU) stock will rally as it meets more milestones and begins monetizing through quantum computing as a service, selling quantum hardware and other paths, RBC Capital Markets said in a note Monday. Analysts said that Xanadu provides investors with exposure to quantum computing, a generational opportunity and photonics, a "unique" modality. RBC said that while Xanadu still has several years before it can commercialize, it has already achieved key development milestones and has a path towards a fault-tolerant quantum data center. Analysts, however, noted difficulties with benchmark valuation as Xanadu has nominal near-term revenue. RBC initiated coverage on the stock with an outperform, speculative risk rating, and a $16 price target. Price: 4.90, Change: +0.13, Percent Change: +2.62