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BTQ

BTQD
Nasdaq / Software & Services
Last Price
Quote time unavailable
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Current thesis
BTQ has a differentiated quantum-security roadmap and multiple potential commercialization paths, with official materials describing progress from technology validation toward customer deployments. The upside case requires conversion of pilots and milestones into measurable revenue, not merely additional announcements.
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -37.2.
What can break
C$13.9 million of negative operating cash flow and a C$9.7 million cash balance increase funding and dilution risk. [#SEC-6K-2026-08-13]
Momentum
4
Value
56
Sentiment
48
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $2.40 · Bull $4.25 · Bear $1.20Analysis 2026-09-04; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-10 • Model: HYBRID_IC_RP
AI Memo
As of 2026-09-04 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-10

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-10. Definitions

Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $8.11
Why
Momentum4 · Δ7d -0.9
Value56 · Δ7d +0.0
Sentiment48 · Δ7d -37.2
So what
Weak posture (Net Neutral). Prioritize risk control and patience.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta -37.2.

Contradictions & invalidation

  • • C$13.9 million of negative operating cash flow and a C$9.7 million cash balance increase funding and dilution risk. [#SEC-6K-2026-08-13]
  • • Loose peers, absent analyst revisions, and limited operating disclosure make valuation and price-target confidence very low.
  • • The latest SEC-filed financial statements show no current revenue, substantial losses, negative operating cash flow, and an explicit need for additional funding.

Catalyst clock

2026-09-30

Q2 filing reinforces zero-revenue and financing overhang

Lead driver: Sentiment · See AI snapshot
Momentum
4
9% active weight
Current posture
7d trendFlat
Δ7d
-0.9
Δ21d
-17.6
Value
56
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
0.0
Sentiment
48
62% active weight
Current posture
7d trendSoftening
Δ7d
-37.2
Δ21d
-16.5
Why this grade

Composite grade D. Momentum 4.4 / Value 55.6 / Sentiment 48.3

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-09-04. Scenario method

B+
Bull case
20%
Probability
Target price
$4.25
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$2.40
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$1.20
Analysis reference price unavailable
Analysis 2026-09-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$5.68M
Beta
-
Shares Out
141.78M
P/E (TTM) · Derived
-0.3
P/S (TTM)
1868.68
P/FCF (TTM) · Derived
-0.31
Rev YoY
-100.0%
EPS YoY
+706.6%
Gross Margin
+21.5%
Op Margin
-2521.1%
Net Debt
-$15.32M
Current Ratio
1.94
As of 2026-09-10 • Updated nightlySource: Internal modelMethods & Data