JPMorgan Chase & Co. Raises Position in Quantum Computing Inc. $QUBT

JPMorgan Chase & Co. raised its holdings in shares of Quantum Computing Inc. (NASDAQ:QUBT) by 1,612.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 933,925 shares of the company’s stock after buying an additional 879,374 shares during the period. JPMorgan Chase & Co. owned about 0.42% of Quantum Computing worth $17,194,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of QUBT. Geode Capital Management LLC boosted its holdings in Quantum Computing by 116.8% during the 2nd quarter. Geode Capital Management LLC now owns 2,630,525 shares of the company’s stock valued at $50,433,000 after acquiring an additional 1,416,928 shares during the period. Penserra Capital Management LLC bought a new stake in Quantum Computing in the second quarter valued at approximately $19,543,000. Focus Financial Network Inc. boosted its stake in shares of Quantum Computing by 339.9% during the third quarter. Focus Financial Network Inc. now owns 1,117,431 shares of the company’s stock valued at $20,572,000 after purchasing an additional 863,394 shares during the period. Invesco Ltd. bought a new position in shares of Quantum Computing in the second quarter worth approximately $16,035,000. Finally, First Trust Advisors LP purchased a new position in shares of Quantum Computing in the second quarter worth $14,792,000. Hedge funds and other institutional investors own 4.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on QUBT shares. Cantor Fitzgerald dropped their price target on shares of Quantum Computing from $15.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday. Ascendiant Capital Markets lowered their price objective on shares of Quantum Computing from $40.00 to $25.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Lake Street Capital cut their target price on Quantum Computing from $24.00 to $16.00 and set a “buy” rating on the stock in a research note on Monday, November 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research report on Monday, December 29th. Finally, Wedbush started coverage on Quantum Computing in a report on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Quantum Computing Stock Performance

Quantum Computing stock opened at $7.73 on Wednesday. Quantum Computing Inc. has a fifty-two week low of $4.37 and a fifty-two week high of $25.84. The stock’s 50 day simple moving average is $10.15 and its two-hundred day simple moving average is $13.51. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of -51.53 and a beta of 3.51.

Quantum Computing (NASDAQ:QUBT) last released 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 firm had revenue of $0.20 million during the quarter, compared to analysts’ expectations of $0.39 million.

Insider Buying and Selling

In other news, COO Milan Begliarbekov sold 2,860 shares of the business’s 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 sale, the chief operating officer owned 24,240 shares in the company, valued at approximately $287,244. The trade was a 10.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 19.30% of the company’s stock.

Key Stories Impacting Quantum Computing

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

• Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating with a $22 price target, which signals continued analyst conviction about long‑term upside. Rosenblatt Buy Rating
• Positive Sentiment: Management and coverage note a strong cash position (reported ~$1.6B), which reduces near‑term financing risk and gives the company time to commercialize photonics/foundry initiatives. TipRanks Cash Report
• Positive Sentiment: Operational progress: QCi closed the Lumina acquisition, launched its Fab 1 chip facility and began generating early foundry services revenue and partnerships (photonic AI, laser/detector capabilities) — strategic milestones that could support future revenue growth. Manufacturing & Lumina Article
• Neutral Sentiment: Cantor Fitzgerald cut its price target from $15 to $10 and set a “neutral” rating — a more cautious near‑term stance but still above current levels, reflecting divided analyst views on timing of commercial revenue. Cantor Fitzgerald Note
• Negative Sentiment: Revenue miss: Q4 revenue came in well below expectations (~$0.2M vs. ~$0.39M est.), a sizable negative surprise that undercuts the “revenue soon” narrative and is the primary driver of the intraday selloff. Yahoo Finance Revenue Miss
• Negative Sentiment: Market reaction and analyst re‑ratings: several news outlets reported the share decline after earnings and some analysts moved to more conservative targets; high historical volatility/beta means negative headlines can drive outsized moves. Market Reaction Article

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.