Brokerages Set Quantum Computing Inc. (NASDAQ:QUBT) Price Target at $17.00

Quantum Computing Inc. (NASDAQ:QUBT) has been assigned a consensus rating of “Hold” from the five brokerages that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $17.00.

Several research analysts have recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum Computing in a research note on Monday, December 29th. Wedbush started coverage on shares of Quantum Computing in a research report on Wednesday, December 17th. They set a “neutral” rating and a $12.00 price target on the stock. Ascendiant Capital Markets decreased their price objective on shares of Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Wall Street Zen raised Quantum Computing from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Lake Street Capital decreased their price target on Quantum Computing from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, November 17th.

Quantum Computing News Roundup

Here are the key news stories impacting Quantum Computing this week:

• Positive Sentiment: Selected as stalking‑horse bidder for Luminar’s LiDAR assets — a potential strategic bolt‑on to QCi’s commercial platform (could expand addressable market and accelerate revenue commercialization). Quantum Computing Inc. Advances Commercial Platform Strategy with Stalking Horse Bid for Luminar’s LiDAR Business
• Positive Sentiment: Street analysts show a consensus price target implying ~40% upside — signals some analysts expect meaningful re‑rating if execution/earnings trends improve. Wall Street Analysts Predict a 40.38% Upside in Quantum Computing Inc. (QUBT)
• Neutral Sentiment: JPMorgan commentary on the quantum/LiDAR space warns of a potential “winner‑take‑all” market — useful industry context but not a direct company catalyst. Quantum computing stocks: ‘Winner-take-all scenario’ possible, says JPMorgan
• Neutral Sentiment: Short‑interest data reported oddly (shows zero/NaN) and is unreliable as presented — no clear short squeeze signal from this release. (No direct article link available.)
• Neutral Sentiment: Market commentary on short‑covering tactics and technical setups is being circulated to subscribers; this is general market analysis rather than company‑specific news. A Short Covering Secret Contrarians Should Know
• Negative Sentiment: COO Milan Begliarbekov sold 2,860 shares (~10.6% reduction of his disclosed position) at ~$11.85 — insider selling can weigh on sentiment even if the dollar amount is modest. Insider Selling: Quantum Computing (NASDAQ:QUBT) COO Sells 2,860 Shares of Stock

Quantum Computing Stock Down 3.5%

Shares of NASDAQ:QUBT opened at $11.69 on Friday. The company’s 50-day moving average price is $11.63 and its 200 day moving average price is $15.43. The company has a market cap of $2.62 billion, a PE ratio of -19.16 and a beta of 3.49. Quantum Computing has a fifty-two week low of $4.37 and a fifty-two week high of $25.84.

Quantum Computing (NASDAQ:QUBT) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). The firm had revenue of $0.38 million during the quarter, compared to analyst estimates of $0.12 million.

Insider Activity

In other news, COO Milan Begliarbekov sold 2,860 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total transaction of $33,891.00. Following the completion of the sale, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at $287,244. This represents a 10.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 19.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Quantum Computing by 23.1% in the 3rd quarter. Vanguard Group Inc. now owns 12,197,605 shares of the company’s stock worth $224,558,000 after purchasing an additional 2,286,514 shares during the period. Alyeska Investment Group L.P. purchased a new position in shares of Quantum Computing during the third quarter valued at $123,014,000. Anson Funds Management LP raised its position in Quantum Computing by 14.9% during the third quarter. Anson Funds Management LP now owns 5,373,455 shares of the company’s stock valued at $98,925,000 after buying an additional 695,092 shares during the period. Ghisallo Capital Management LLC purchased a new stake in Quantum Computing in the 3rd quarter worth about $74,194,000. Finally, Polar Asset Management Partners Inc. boosted its position in Quantum Computing by 72.3% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 2,686,727 shares of the company’s stock worth $48,643,000 after acquiring an additional 1,127,427 shares during the period. 4.26% of the stock is owned by hedge funds and other institutional investors.

Quantum Computing Company Profile

Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.