#5 - Quantum Computing Inc. (NASDAQ:QUBT)
In addition to offering high-performance computing, imaging, and sensing, Quantum Computing provides QUi—a patented quantum protocols that “eliminate the dependence of classical authentication cryptographic schemes that are vulnerable to quantum algorithms.”
This makes it the first company to provide a complete solution that can replace public-private key encryption—just as the industry is searching for ways to address the new threats coming from artificial intelligence.
Quantum Computing has a market cap of just below $700 million and is trading around $5. The company is not profitable and generates very little revenue. It also doesn’t receive extensive analyst coverage, but the one analyst that covers QUBT stock has a price target of $8.50, which would be an increase of more than 72% from the stock’s price as of this writing.
About Quantum Computing
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.
More about Quantum Computing- Current Price
- $4.67
- Consensus Rating
- Buy
- Ratings Breakdown
- 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $8.50 (81.9% Upside)
