Infleqtion, a new quantum computing play, is generating revenue and expanding its business, according to recent analyst notes. Citi has assigned a buy rating to the company, with a $20 price target suggesting nearly 59% upside. This follows BTIG's coverage of the stock with a buy-out rating and a $22 price target. Infleqation, founded in 2007, builds quantum computers, precision sensors and software for clients including governments, corporations, and research institutions. The company's success is attributed to the application of the same neutral atom technology across its portfolio, a similar approach to Nvidia. The firm's technology addresses both the $130 billion quantum computing and $30 billion quantum sensing industries.