Pasqal is a speculative, cash-burning hardware company (free cash flow at negative 77% of revenue, quality 2.6) trading 77% below its high, with heavy insider buying and a 148.9% gap to the analyst target but broken momentum.
Thesis pillars
- Cash Burning Weak Quality→Stable
- Heavy Insider Buying→Stable
- Large Analyst Target Gap↓Deteriorating
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Oct 18, 2026
Pasqal Holding SA (PSQL) Stock Analysis
Technology · Computer Hardware
Sell if holding. Engine safety override at $5.56: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 10.2:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum.
Pasqal Holding SA develops neutral-atom quantum computers and provides a full-stack quantum computing platform. The company designs and manufactures quantum processors based on neutral-atom technology and integrates them with high-performance computing environments for hybrid... Read more
Sell if holding. Engine safety override at $5.56: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 10.2:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.0/10, moderate confidence.
Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: speculative.
Recent developments
updated 2026-10-26Recent Developments — Pasqal Holding SA
Latest news
- NEWS 12 Information Technology Stocks Moving In Friday's After-Market Session — benzinga Oct 23, 2026 neutral
- NEWS Pasqal Launches AI-Assisted Workflow On Pasqal Cloud — benzinga Oct 8, 2026 positive
- NEWS StoneX Initiates Coverage On Pasqal Holding with Buy Rating, Announces Price Target of $15 — benzinga Oct 6, 2026 positive
- NEWS Pasqal Announces It Is Coordinating €50M EU-Backed Quantum Chip Pilot Line Over Three Years; Its Funding Share Not Discl — benzinga Oct 6, 2026 positive
- NEWS Stock Market Today: Dow Futures Gain, S&P 500, Nasdaq 100 Slip as Iran Keeps Conditions To Reopen Hormuz Strait— SPCX, Q — benzinga Oct 5, 2026 neutral
Generated 2026-10-26T12:08:41Z.
Thesis
Key Metrics
Quality Signals
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
3 floor-breakers
Quality below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $5.56: Quality below floor (2.6 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.0/10 and A.R:R 10.2:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Negative price momentum. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $5.38. Score 5.0/10, moderate confidence.
Analyst target: $14.07 (+153.1% upside). Prior stop was $5.38. Stop-loss: $5.38.
Quality below floor (2.6 < 4.0); Value-trap signals (3/5): Margin compression (op margin -226.0%), High leverage (D/E 3.0), Negative free cash flow.
Pasqal Holding SA trades at a P/E of N/A (forward -24.7). TrendMatrix value score: 5.4/10. Verdict: Sell.
9 analysts cover PSQL with a consensus score of 4.1/5. Average price target: $17.
What does Pasqal Holding SA do?Pasqal Holding SA develops neutral-atom quantum computers and provides a full-stack quantum computing platform. The...
Pasqal Holding SA develops neutral-atom quantum computers and provides a full-stack quantum computing platform. The company designs and manufactures quantum processors based on neutral-atom technology and integrates them with high-performance computing environments for hybrid quantum computing applications. Its platform includes quantum hardware, programming, and simulation tools, such as Pulser and Pulser Studio; and cloud-based access that enables users to develop, test, and run quantum algorithms remotely. The company also develops quantum software tools, developer SDKs, emulation capabilities, and cloud services through its Pasqal compute platform to support quantum application development. In addition, it provides consulting, training, and collaborative development of quantum algorithms and applications for various industries, including finance, energy, healthcare, and logistics. Pasqal Holding SA is based in Palaiseau, France.