Quantum Computing (QUBT) Stock Price, News & Analysis

Company Overview

Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was incorporated in 2018 and is based in Hoboken, New Jersey.

Key Stats

• Today's Range: $13.81 to $19.88
• 50-Day Range: $0.69 to $25.68
• 52-Week Range: $0.35 to $27.15
• Volume: 128.21 million shs
• Average Volume: 9.54 million shs
• Market Capitalization: $2.10 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.50
• Consensus Rating: Buy

Quantum Computing Stock Analysis - MarketRank™

Quantum Computing scored higher than 13% of companies evaluated by MarketBeat, and ranked 607th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Quantum Computing has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Quantum Computing has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Quantum Computing is -60.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Quantum Computing is -60.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.88% of the float of Quantum Computing has been sold short.

Short Interest Ratio / Days to Cover

Quantum Computing has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Quantum Computing has recently increased by 22.59%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Quantum Computing does not currently pay a dividend.

Dividend Growth

Quantum Computing does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.88% of the float of Quantum Computing has been sold short.

Short Interest Ratio / Days to Cover

Quantum Computing has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Quantum Computing has recently increased by 22.59%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.48

News Sentiment

Quantum Computing has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for Quantum Computing this week, compared to 7 articles on an average week.

Search Interest

235 people have searched for QUBT on MarketBeat in the last 30 days. This is an increase of 335% compared to the previous 30 days.

MarketBeat Follows

263 people have added Quantum Computing to their MarketBeat watchlist in the last 30 days. This is an increase of 1,361% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Quantum Computing insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.10% of the stock of Quantum Computing is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.26% of the stock of Quantum Computing is held by institutions.

QUBT Stock Analysis - Frequently Asked Questions

How have QUBT shares performed this year?

Quantum Computing's stock was trading at $0.9131 at the start of the year. Since then, QUBT stock has increased by 1,829.7% and is now trading at $17.62.
View the best growth stocks for 2024 here.

How were Quantum Computing's earnings last quarter?

Quantum Computing Inc. (NASDAQ:QUBT) issued its quarterly earnings results on Wednesday, October, 2nd. The company reported ($0.06) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.02. The business had revenue of $0.18 million for the quarter.

Who are Quantum Computing's major shareholders?

Quantum Computing's top institutional shareholders include Geode Capital Management LLC (0.69%), XTX Topco Ltd (0.07%) and Virtu Financial LLC (0.06%).
View institutional ownership trends.

How do I buy shares of Quantum Computing?

Shares of QUBT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Quantum Computing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Quantum Computing investors own include Enovix (ENVX), Ginkgo Bioworks (DNA), Toast (TOST), Rambus (RMBS), COMPASS Pathways (CMPS), Globant (GLOB) and Saia (SAIA).

Company Calendar

• Last Earnings: 10/02/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: N/A
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:QUBT
• CUSIP: N/A
• CIK: 1758009
• Web: www.quantumcomputinginc.com
• Phone: 703-436-2161
• Fax: 713-975-7716
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.50
• High Stock Price Target: $8.50
• Low Stock Price Target: $8.50
• Potential Upside/Downside: -51.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $386,047.00
• Price / Sales: 5,428.86
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 118,944,000
• Free Float: 70,428,000
• Market Cap: $2.10 billion
• Optionable: Optionable
• Beta: 3.11