
Quantum Computing Inc. (NASDAQ:QUBT – Free Report) – Research analysts at Northland Securities boosted their FY2026 earnings per share (EPS) estimates for shares of Quantum Computing in a research note issued to investors on Tuesday, May 12th. Northland Securities analyst N. Chokshi now expects that the company will post earnings of ($0.06) per share for the year, up from their prior forecast of ($0.25). Northland Securities has a “Outperform” rating and a $20.00 price target on the stock. The consensus estimate for Quantum Computing’s current full-year earnings is ($0.24) per share. Northland Securities also issued estimates for Quantum Computing’s FY2027 earnings at ($0.08) EPS.
Other analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Quantum Computing from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Rosenblatt Securities restated a “buy” rating and set a $22.00 price objective on shares of Quantum Computing in a report on Tuesday, March 3rd. Cantor Fitzgerald dropped their price objective on shares of Quantum Computing from $15.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Quantum Computing in a report on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Quantum Computing has an average rating of “Hold” and a consensus price target of $17.50.
Quantum Computing Stock Down 6.4%
Shares of NASDAQ:QUBT opened at $11.03 on Thursday. Quantum Computing has a twelve month low of $6.18 and a twelve month high of $25.84. The stock’s 50 day moving average is $8.14 and its 200-day moving average is $10.15. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of -39.39 and a beta of 3.70.
Quantum Computing (NASDAQ:QUBT – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.03. The firm had revenue of $3.69 million during the quarter, compared to the consensus estimate of $3.13 million.
Insider Buying and Selling at Quantum Computing
In related news, CFO Christopher Bruce Roberts sold 68,902 shares of Quantum Computing stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $7.85, for a total transaction of $540,880.70. Following the transaction, the chief financial officer owned 1,132,398 shares of the company’s stock, valued at $8,889,324.30. The trade was a 5.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 19.30% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Quantum Computing
Institutional investors and hedge funds have recently bought and sold shares of the stock. Aventura Private Wealth LLC purchased a new position in Quantum Computing during the 4th quarter worth $26,000. International Assets Investment Management LLC bought a new position in shares of Quantum Computing during the fourth quarter valued at about $26,000. Rhumbline Advisers bought a new position in shares of Quantum Computing during the first quarter valued at about $28,000. Tucker Asset Management LLC purchased a new position in Quantum Computing during the fourth quarter worth about $29,000. Finally, Toth Financial Advisory Corp boosted its holdings in Quantum Computing by 50.0% during the fourth quarter. Toth Financial Advisory Corp now owns 3,000 shares of the company’s stock worth $31,000 after purchasing an additional 1,000 shares during the last quarter. 4.26% of the stock is owned by hedge funds and other institutional investors.
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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