Honeywell's Quantum Spin-off: A Brighter 2026

Honeywell, a $125 billion giant, owns Quantinuum, a quantum computing leader. Despite a 8% year-to-date drop, Honeywell is splitting into three businesses to unlock value. Quantinuums innovative approach, using just two physical qubits per logical qubit, sets it apart. Investors see a stable bet on quantums future. Honeywells Aerospace division, with a $39 billion backlog, and Automation side, with high single-digit growth, are strong. Quantinuum raised cash from Nvidia and J.P. Morgan, aiming for a big sale within two years. Analysts predict a brighter 2026, with an average price target of $237. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.