Quantum Computing (NASDAQ:QUBT – Get Free Report)‘s stock had its “neutral” rating reissued by equities research analysts at Cantor Fitzgerald in a report issued on Tuesday,Benzinga reports. They currently have a $10.00 target price on the stock. Cantor Fitzgerald’s price objective points to a potential upside of 11.98% from the company’s previous close.
A number of other research analysts have also commented on QUBT. Lake Street Capital reaffirmed a “buy” rating on shares of Quantum Computing in a research report on Monday, July 6th. Wedbush assumed coverage on shares of Quantum Computing in a report on Monday, August 3rd. They issued a “neutral” rating and a $12.00 price objective for the company. Ascendiant Capital Markets raised their target price on Quantum Computing from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Quantum Computing in a report on Wednesday, June 24th. Finally, Northland Securities started coverage on shares of Quantum Computing in a research note on Monday, April 20th. They set an “outperform” rating and a $20.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.33.
View Our Latest Stock Report on QUBT
Quantum Computing Stock Performance
Quantum Computing (NASDAQ:QUBT – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The firm had revenue of $5.55 million during the quarter, compared to analysts’ expectations of $5.15 million. As a group, equities research analysts predict that Quantum Computing will post -0.14 earnings per share for the current year.
Hedge Funds Weigh In On Quantum Computing
Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Quantum Computing by 38.1% in the 4th quarter. Vanguard Group Inc. now owns 16,841,423 shares of the company’s stock worth $172,793,000 after purchasing an additional 4,643,818 shares during the period. SLT Holdings LLC increased its holdings in Quantum Computing by 1,028.7% in the 4th quarter. SLT Holdings LLC now owns 169,300 shares of the company’s stock valued at $1,737,000 after acquiring an additional 154,300 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in shares of Quantum Computing by 402.6% during the 2nd quarter. Focus Financial Network Inc. now owns 911,635 shares of the company’s stock valued at $8,843,000 after purchasing an additional 730,240 shares during the last quarter. Pacific Heights Asset Management LLC lifted its position in shares of Quantum Computing by 38.5% in the fourth quarter. Pacific Heights Asset Management LLC now owns 900,000 shares of the company’s stock worth $9,234,000 after buying an additional 250,000 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Quantum Computing by 72.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,022,604 shares of the company’s stock worth $7,005,000 after acquiring an additional 428,418 shares during the last quarter. 4.26% of the stock is owned by institutional investors.
Quantum Computing News Summary
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Revenue growth significantly exceeded expectations. Q2 revenue rose to approximately $5.6 million from $61,000 a year earlier and $3.7 million in the first quarter. Revenue also topped the $5.15 million analyst estimate by about 18%, driven largely by photonics product sales to government, education and commercial customers. Quantum Computing’s Q2 revenue rockets year over year as it completes NHanced acquisition
- Positive Sentiment: Expansion and liquidity support the growth story. QCi ended the quarter with approximately $1.3 billion in cash, cash equivalents and investments, completed its NHanced Semiconductors acquisition, launched Fab 2, delivered a Dirac-3 quantum optimization system and reached deployment readiness for its NeuraWave photonic platform. Its contract backlog stood at roughly $42.5 million. Quantum Computing Inc. Reports Second Quarter 2026 Financial Results
- Neutral Sentiment: Analyst and technical signals remain mixed. Reported analyst price targets range from $10 to $30, with a $21 median, but technical commentary highlights elevated volatility and investor attention around support and breakout levels. How Will Quantum Computing Technical Analysis Guide Attention?
- Negative Sentiment: Profitability remains weak. QCi reported a loss of $0.05 per share, $0.01 worse than the consensus estimate, while the net loss reached $11.8 million. Operating expenses more than doubled year over year to $21.8 million, raising questions about the cost of acquisitions and expansion. Quantum Computing Inc. Reports Second Quarter 2026 Financial Results
- Negative Sentiment: Insider selling adds a cautionary signal. Company CFO and General Counsel Christopher Bruce Roberts sold 78,262 shares in two transactions during the past six months, with no reported insider purchases.
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.
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