BTQ Technologies Corp. (BTQ)

Technology · NGM

$2.96+4.15% today

Price as at 30 Sept 2026, 16:44 UTC. Quotes are delayed.

Fundamentals

Market cap$479.44M
Return on equity-282.6%
52-week range$2.09 to $16.00

Valuation and ratings

Fair value estimate$1.33
Upside to fair value-55.0%
Analyst target (mean)$10.07
Analyst range$10.07 to $10.07
Analysts with price targets1
Consensus viewstrong buy
Moat score36/100
Overall rating16/100, very low quality

Fair value: $1.33 (-55.0%), see how we got there

BTQ Technologies Corp. trades at $2.96, which is 55% above the $1.33 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.

Our moat model scores it 36 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

BTQ earnings and analyst estimates

Recommendation mix, 1 published rating

1 buy0 hold0 sell

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About BTQ Technologies Corp.

BTQ Technologies Corp. engages in the development of computer-based technology related to post-quantum cryptography for applications in blockchain and related technologies in Canada, Taiwan, Australia, and the United States. The company's flagship hardware product is Quantum Compute-In-Memory, a quantum-secure compute-in-memory chip designed to implement fast, crypto-agile, energy-efficient post-quantum cryptography directly in silicon; Bitcoin Quantum, a permissionless, quantum-safe fork of Bitcoin that replaces Bitcoin's quantumvulnerable Elliptic Curve Digital Signature Algorithm ("ECDSA") with Module-Lattice Digital Signature Algorithm (“ML-DSA”); and QSSN, a quantum-secure validation and wallet infrastructure product designed to enable banks, payment providers, and digital asset platforms to issue and manage stablecoins with built-in protection against quantum-era cybersecurity threats. It has a strategic collaboration with Industrial Technology Research Institute to validate BTQ's Quantum Compute In Memory (QCIM) chip, which is designed to enable secure, scalable cryptographic computation for the post-quantum era. BTQ Technologies Corp. has a strategic collaboration with TIDAL PWR to develop a trusted quantum data center reference architecture that can be applied across future large-scale facilities. The company was incorporated in 1983 and is headquartered in Vancouver, Canada.

Industry: Software - InfrastructureHQ: Canada

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

BTQ passes 1 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Super investor ownership

2 of the funds we track reported a position in their latest SEC 13F filing. Largest first:

A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.

BTQ peers

The largest companies in the same industry (Software - Infrastructure), then in the same sector.

Every technology company we cover is on the Technology hub.

Common questions

Is BTQ Technologies Corp. (BTQ) undervalued?

Against our fair value estimate of $1.33, BTQ at $2.96 is 55% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

Which funds own BTQ?

2 of the institutions we track reported a position in BTQ in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.

Where does SteadyShares get its BTQ data?

Fundamentals for BTQ come from company filings and exchange data, as listed on NGM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 16:44 UTC and is delayed. Our data quality score for this company is 75/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for BTQ, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.