Quantum Computing (NASDAQ:QUBT – Get Free Report) had its price target cut by equities researchers at Cantor Fitzgerald from $15.00 to $10.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 25.99% from the stock’s previous close.
A number of other research firms have also recently commented on QUBT. Wall Street Zen upgraded shares of Quantum Computing from a “sell” rating to a “hold” rating in a report on Sunday, February 15th. Ascendiant Capital Markets reduced their target price on Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Rosenblatt Securities restated a “buy” rating and issued a $22.00 price target on shares of Quantum Computing in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research report on Monday, December 29th. Finally, Wedbush initiated coverage on Quantum Computing in a research report on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 target price for the company. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.
View Our Latest Research Report on QUBT
Quantum Computing Price Performance
Quantum Computing (NASDAQ:QUBT – Get Free Report) last announced its earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $0.20 million for the quarter, compared to the consensus estimate of $0.39 million.
Insiders Place Their Bets
In other news, COO Milan Begliarbekov sold 2,860 shares of Quantum Computing stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $11.85, for a total transaction of $33,891.00. Following the transaction, the chief operating officer owned 24,240 shares in the company, valued at $287,244. This trade represents a 10.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 19.30% of the company’s stock.
Hedge Funds Weigh In On Quantum Computing
A number of institutional investors have recently bought and sold shares of QUBT. Invesco Ltd. lifted its position in Quantum Computing by 21.1% during the fourth quarter. Invesco Ltd. now owns 96,557 shares of the company’s stock valued at $991,000 after purchasing an additional 16,824 shares in the last quarter. Vident Advisory LLC raised its stake in shares of Quantum Computing by 5.0% in the fourth quarter. Vident Advisory LLC now owns 48,164 shares of the company’s stock worth $494,000 after buying an additional 2,290 shares during the period. NewEdge Advisors LLC lifted its position in shares of Quantum Computing by 710.4% during the 4th quarter. NewEdge Advisors LLC now owns 40,763 shares of the company’s stock valued at $418,000 after buying an additional 35,733 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Quantum Computing during the 4th quarter valued at approximately $366,000. Finally, VARCOV Co. bought a new stake in Quantum Computing during the 4th quarter worth approximately $709,000. 4.26% of the stock is owned by institutional investors.
Key Quantum Computing News
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating and set a $22.00 price target (implying significant upside vs. recent levels), providing fresh analyst support for the shares. Read More.
- Positive Sentiment: Management reports a strong cash position (about $1.6 billion), giving the company runway to fund R&D, Fab 1 ramp and acquisitions while it pursues commercial opportunities. Read More.
- Positive Sentiment: Strategic progress: completion of the Lumina acquisition, launch of Fab 1 and early foundry services revenue plus new collaborations (e.g., POET) support the long‑term growth narrative in photonics and integrated quantum hardware. Read More.
- Neutral Sentiment: EPS outperformance but limited impact — Q4 reported ($0.01) EPS vs. consensus ($0.04), a small beat that partially offsets revenue concerns. Read More.
- Neutral Sentiment: Management framed 2025 as transformational, highlighting technology and leadership advances on the earnings call — positive for strategy but not an immediate revenue signal. Read More.
- Negative Sentiment: Revenue miss and market reaction — Q4 revenue of $0.20M missed estimates (~$0.39M) and the company recorded a quarterly loss, prompting negative near‑term reactions and a post‑earnings pullback in extended trading. Read More.
About Quantum Computing
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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