Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Horizon Quantum HoldingsHQ -1.29%12 Market Cap is $757.77 Mil as of Aug. 09, 2026. GuruFocus rates HQ with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 2,933 Software companies, Horizon Quantum Holdings ranks better than 80.29% on this metric.
Horizon Quantum Holdings's quarterly market cap
stayed the same
from Jun. 2025 ($0.00 Mil) to Dec. 2025 ($0.00 Mil) but then
increased
from Dec. 2025 ($0.00 Mil) to Jun. 2026 ($1,294.48 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Horizon Quantum Holdings's Enterprise Value for Today is $644.88 Mil.
Horizon Quantum Holdings (NAS:HQ) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Horizon Quantum Holdings Market Cap Related Terms
Horizon Quantum Holdings Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, Horizon Quantum Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Horizon Quantum Holdings Market Cap vs Software Industry
For the Software industry and Technology sector, Horizon Quantum Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Horizon Quantum Holdings's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Horizon Quantum Holdings's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Horizon Quantum Holdings (HQ) has a Market Cap of $757.77 Mil as of Aug. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Horizon Quantum Holdings and its competitors. According to the industry distribution chart, Horizon Quantum Holdings ranks #578 out of 2933 companies in the Software industry, placing it in the top 19.7%.
Is Horizon Quantum Holdings' Market Cap too high?
Horizon Quantum Holdings' current Market Cap is $757.77 Mil. The Software industry median Market Cap is 68.00. Horizon Quantum Holdings' value of $757.77 Mil is 1014.3% above this industry median. Based on the distribution chart, Horizon Quantum Holdings ranks #578 out of 2933 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Horizon Quantum Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Quantum Holdings' Market Cap compare to CGNT and RPD?
According to the Software industry distribution chart, Horizon Quantum Holdings ranks #578 out of 2933 companies for Market Cap. This places Horizon Quantum Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Market Cap is 68.00. Horizon Quantum Holdings' value of $757.77 Mil is 1014.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 68.00, based on 2,933 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Horizon Quantum Holdings's current Market Cap of $757.77 Mil is 1014.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Horizon Quantum Holdings and its competitors. For the Software industry, the median Market Cap is 68.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Quantum Holdings's current Market Cap is $757.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Quantum Holdings stock overvalued right now?
Horizon Quantum Holdings (HQ) has a current Market Cap of $757.77 Mil. The current Market Cap is $757.77 Mil and 1014.3% above the Software industry median of 68.00. Horizon Quantum Holdings' overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Horizon Quantum Holdings (HQ), the current Market Cap is $757.77 Mil as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Horizon Quantum Holdings Ltd is building software infrastructure to make quantum computers accessible to commercial enterprises and hardware providers. By bridging the gap between hardware and applications, the company seeks to equip developers, researchers, and enterprises with the quantum software infrastructure needed to solve real-world problems. The company is developing tools that can automatically accelerate code written for conventional computers on quantum computers.
12GF Score
Get the complete analysis for HQ
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HQ has been successfully added to your 
