Quantum Computing Inc. (QUBT) will report its Q3 earnings for 2025 on November 14 after the market closes. With its stock up by more than 300% in the past year, the company is grabbing investor attention ahead of its Q3 report. Notably, five-star-rated analyst Max Michaelis at Lake Street reaffirmed his Buy rating on QUBT recently, predicting over 100% upside from current levels. As earnings approach, investors are watching closely to see if QUBT can meet expectations and capitalize on its momentum.
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Quantum Computing Inc. makes advanced quantum machines and photonic chips, offering affordable and accessible technology for research and production. For Q3, analysts expect the company to report an EPS of -$0.06, up from -$0.26 in the previous quarter. Meanwhile, revenue is expected to reach $117K, up from $61K reported in Q2 2025.
Lake Street Stays Bullish on QUBT
Lake Street’s Michaelis remains bullish on QUBT, keeping a Buy rating on the stock. In September, Michaelis initiated his coverage on QUBT stock with a Buy and a price target of $24. He believes the stock is a “compelling way to participate in the rapidly growing market of quantum computing.”
He also noted that the quantum industry is still in its early stages. However, he expects the company to reach a turning point, with revenue set to rise significantly in 2026 and 2027 as the company’s early-mover position “creates a long runway for growth.” In particular, Michaelis is highly optimistic about the company’s position in photonics and Thin Film Lithium Niobate (TFLN) technology. These technologies are expected to play a major role in future semiconductor manufacturing, giving the company a competitive edge as the industry grows.
Additionally, he believes QUBT stock could rise as investors take note of the expected revenue growth and look to gain exposure to the growing quantum computing sector.
Is QUBT Stock a Good Buy?
According to TipRanks, QUBT stock has received a Moderate Buy consensus rating, with two Buys assigned in the last three months. The average Quantum Computing stock price target is $32.0, suggesting a potential upside of 187.25% from the current level.
