FY2026 EPS Forecast for Quantum Computing Lowered by Analyst

Quantum Computing Inc. (NASDAQ:QUBT) – Research analysts at Northland Securities decreased their FY2026 earnings per share (EPS) estimates for Quantum Computing in a report issued on Tuesday, August 11th. Northland Securities analyst N. Chokshi now forecasts that the company will post earnings of ($0.16) per share for the year, down from their prior estimate of ($0.06). Northland Securities has a “Outperform” rating and a $20.00 price objective on the stock. The consensus estimate for Quantum Computing’s current full-year earnings is ($0.14) per share. Northland Securities also issued estimates for Quantum Computing’s FY2027 earnings at ($0.09) EPS.

Quantum Computing (NASDAQ:QUBT) last posted its earnings results on Monday, August 10th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The firm had revenue of $5.55 million for the quarter, compared to analysts’ expectations of $5.15 million.

Several other brokerages have also commented on QUBT. Lake Street Capital reissued a “buy” rating on shares of Quantum Computing in a report on Monday, July 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a report on Wednesday, June 24th. Ascendiant Capital Markets lifted their target price on shares of Quantum Computing from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Cantor Fitzgerald reissued a “neutral” rating and set a $10.00 target price on shares of Quantum Computing in a research note on Tuesday. Finally, Rosenblatt Securities restated a “buy” rating and set a $22.00 price target on shares of Quantum Computing in a research report on Monday, June 29th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $18.33.

Quantum Computing Trading Down 0.3%

Shares of QUBT stock opened at $8.92 on Thursday. The company has a market capitalization of $2.02 billion, a P/E ratio of -127.41 and a beta of 3.74. The business’s 50 day moving average is $9.07 and its two-hundred day moving average is $8.98. Quantum Computing has a 12-month low of $6.18 and a 12-month high of $25.84.

Institutional Investors Weigh In On Quantum Computing

A number of hedge funds have recently modified their holdings of QUBT. International Assets Investment Management LLC acquired a new position in Quantum Computing during the fourth quarter worth about $26,000. Rhumbline Advisers purchased a new position in Quantum Computing in the 1st quarter worth approximately $28,000. Tucker Asset Management LLC purchased a new position in Quantum Computing in the 4th quarter worth approximately $29,000. State of Wyoming acquired a new position in shares of Quantum Computing during the 2nd quarter worth approximately $29,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Quantum Computing during the 2nd quarter worth approximately $29,000. 4.26% of the stock is currently owned by institutional investors and hedge funds.

Quantum Computing News Roundup

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

• Positive Sentiment: Rosenblatt Securities maintained a Buy rating, providing supportive analyst coverage. Rosenblatt Securities Remains a Buy on Quantum Computing
• Positive Sentiment: Second-quarter revenue surged to $5.55 million from $61,000 a year earlier, while the net loss narrowed year over year. Management is positioning QUBT for commercial manufacturing in photonics, semiconductors and packaging, with a reported $42.5 million contract backlog. Quantum Computing Q2 Earnings Call Centers on Commercial Scaling
• Positive Sentiment: The company completed its NHanced acquisition, potentially expanding its advanced semiconductor manufacturing capabilities and revenue base. Quantum Computing’s Q2 Revenue Rockets Year Over Year
• Neutral Sentiment: Cantor Fitzgerald reaffirmed its Neutral/Hold rating but raised or maintained a $10 price target, implying potential upside from recent trading levels. Quantum Computing Gets a Hold from Cantor Fitzgerald
• Neutral Sentiment: Recent coverage highlights improving revenue and narrower losses as a possible business inflection point, but QUBT remains unprofitable and its long-term investment case is still dependent on successful commercialization. Quantum Computing Results May Indicate Inflection Point
• Negative Sentiment: Q2 earnings showed a larger-than-expected per-share loss of $0.05 versus the $0.03 consensus, while higher costs and negative gross profit continue to pressure profitability. QUBT Q2 Loss Matches, Revenues Beat
• Negative Sentiment: Analysts and commentators caution that QUBT’s roughly $2 billion valuation may be difficult to justify if revenue growth relies heavily on acquisitions, while integrating LSI, NuCrypt and NHanced and scaling the Arizona thin-film facility create significant execution and capital risks. Quantum Computing: A $2B Valuation Built on Bought Revenue

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.