Quantum Computing (QUBT) AI Stock Analysis

• Market Cap: $2.60B
• Dividend Yield: N/A
• Average Volume (3M): 37.96M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.65
• Revenue Growth: 41.51%
• EPS Growth: -111.74%
• Country: US
• Employees: 41
• Sector: Technology
• Sector Strength: 88
• Industry: Computer Hardware
• EPS (TTM): 0.01
• Shares Outstanding: 224,123,300
• 10 Day Avg. Volume: 37,141,299
• 30 Day Avg. Volume: 37,955,410
• PEG Ratio: -0.31
• Price to Book (P/B): 14.48
• Price to Sales (P/S): 4165.50
• P/FCF Ratio: -69.83
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 4.61K
• Enterprise Value/Gross Profit: -1.24K
• Enterprise Value/Ebitda: -40.66
• 1Y Price Target: $28.00
• Price Target Upside: 141.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.25
• Revenue Forecast (FY): $406.67K

• Rating: 47 Neutral
• Price Target: $11.50 ▼(-0.86% Downside)

Quantum Computing's overall stock score is primarily influenced by its financial difficulties and bearish technical indicators. However, the positive sentiment from the earnings call, including revenue growth and capital raising, provides a counterbalance, suggesting potential for future improvement.

Positive Factors

Revenue Growth

The significant revenue growth of 280% YoY indicates strong demand for QUBT's quantum solutions, enhancing its market position and potential for future expansion.

Capital Raising

The successful capital raising strengthens QUBT's balance sheet, providing the financial resources needed to invest in scaling operations and advancing its technology roadmap.

Improved Gross Margin

The improved gross margin reflects better cost management and efficiency, which can lead to sustainable profitability as the company scales its operations.

Negative Factors

Lack of Profitability

Continued unprofitability and negative cash flows pose risks to long-term sustainability, as they may limit the company's ability to reinvest in growth and innovation.

Increased Operating Expenses

Rising operating expenses could pressure margins and profitability, especially if revenue growth does not keep pace with cost increases, affecting financial health.

Dependency on Small Number of Contracts

Reliance on a limited number of contracts can lead to revenue volatility and financial unpredictability, posing a risk to stable cash flow and long-term growth.

Quantum Computing Business Overview & Revenue Model

Company Description

Quantum Computing (QUBT) is a pioneering technology company focused on developing quantum computing solutions that aim to revolutionize data processing and problem-solving capabilities across various industries. Operating primarily in the technology and research sectors, QUBT specializes in quantum hardware, software, and algorithms designed to tackle complex computational tasks that are currently beyond the reach of classical computers. The company offers a range of products, including quantum processors, cloud-based quantum computing services, and consultancy for businesses looking to integrate quantum solutions into their operations.

How the Company Makes Money

QUBT generates revenue through multiple channels, including the sale of quantum hardware and software licenses, subscription fees for access to its cloud-based quantum computing platform, and consultancy services. Key revenue streams include partnerships with academic institutions and research organizations that require advanced computational capabilities, as well as collaborations with enterprises across sectors such as finance, pharmaceuticals, and logistics that seek to leverage quantum computing for optimization and predictive analytics. Additionally, QUBT may benefit from government grants and funding aimed at promoting technological innovation in quantum computing.

Quantum Computing Financial Statement Overview

Summary

Quantum Computing is experiencing significant financial difficulties. Despite a 107.6% revenue growth rate, the company is not yet profitable, with negative gross and net profit margins. The balance sheet shows low leverage, which is positive, but negative cash flows and lack of profitability are major concerns.

Income Statement

Quantum Computing's income statement reveals significant challenges. The company has negative gross and net profit margins, indicating it is not currently profitable. Despite a notable revenue growth rate of 107.6% in the TTM, the company continues to incur substantial losses, with EBIT and EBITDA margins also deeply negative. This suggests that while revenue is increasing, costs are outpacing income, leading to persistent losses.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio, which is a positive indicator of financial stability. However, the negative return on equity highlights that the company is not generating profits from its equity base. The equity ratio is relatively healthy, suggesting that the company is not overly reliant on debt financing, but the lack of profitability remains a concern.

Cash Flow

Cash flow analysis indicates that Quantum Computing is facing cash flow challenges. The operating cash flow is negative, and while the free cash flow growth rate is positive, it is still negative overall. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash. The free cash flow to net income ratio is above 1, indicating that free cash flow is higher than net income, but this is due to the negative net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	546.00K	373.00K	358.00K	136.00K	0.00	0.00
Gross Profit	-2.03M	-3.69M	-3.15M	-1.79M	-9.00K	-6.61K
EBITDA	-61.93M	-62.25M	-22.11M	-23.34M	-27.61M	-18.72M
Net Income	-68.38M	-68.54M	-27.02M	-25.98M	-27.90M	-24.73M
Balance Sheet
Total Assets	898.17M	153.56M	74.36M	78.51M	17.28M	15.27M
Cash, Cash Equivalents and Short-Term Investments	555.57M	78.94M	2.06M	5.31M	16.74M	15.20M
Total Debt	2.58M	1.18M	2.77M	10.16M	18.08K	218.37K
Total Liabilities	20.32M	46.27M	5.65M	13.39M	1.08M	693.21K
Stockholders Equity	877.85M	107.29M	68.70M	65.12M	16.20M	14.57M
Cash Flow
Free Cash Flow	-31.45M	-22.25M	-20.43M	-16.25M	-6.82M	-11.55M
Operating Cash Flow	-23.05M	-16.21M	-18.32M	-15.38M	-6.80M	-11.54M
Investing Cash Flow	-469.04M	-6.04M	-2.61M	-2.23M	-22.50K	-11.97K
Financing Cash Flow	841.46M	99.14M	17.68M	6.17M	8.39M	26.65M

Quantum Computing Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QUBT, the sentiment is Negative. The current price of 11.6 is below the 20-day moving average (MA) of 12.39, below the 50-day MA of 16.53, and below the 200-day MA of 13.28, indicating a bearish trend. The MACD of -1.46 indicates Negative momentum. The RSI at 41.38 is Neutral, neither overbought nor oversold. The STOCH value of 56.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QUBT.

Quantum Computing Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IONQ	50 Neutral	$16.67B	―	-108.23%	―	113.07%	-555.52%
QUBT	47 Neutral	$2.60B	―	-14.49%	―	41.51%	-111.74%
QBTS	46 Neutral	$7.91B	―	-122.03%	―	156.20%	-218.56%
RGTI	43 Neutral	$8.77B	―	-141.90%	―	-36.98%	-238.63%

Quantum Computing Corporate Events

Quantum Computing’s Earnings Call: A Promising Outlook

The recent earnings call for Quantum Computing, Inc. (QSI) painted a promising picture of the company’s financial and strategic progress. The call highlighted a significant increase in revenue, successful capital raising efforts, and key commercial relationships. Despite challenges such as rising operating expenses and a dependency on a small number of contracts, the overall sentiment was positive, suggesting a strong position for future growth.

Quantum Computing Inc. Reports Strong Q3 2025 Growth

Quantum Computing Inc. (QCi) is an innovative company specializing in integrated photonics and quantum optics technology, offering accessible quantum machines and foundry services for high-performance computing, AI, and cybersecurity applications.

Quantum Computing Secures $750M in Private Placement

On October 5, 2025, Quantum Computing Inc. announced it had entered into securities purchase agreements for an oversubscribed private placement of 37,183,937 shares of common stock, resulting in gross proceeds of $750 million. The closing occurred on October 8, 2025. The funds will be used to fully fund commercialization, pursue strategic acquisitions, and expand production and personnel. This placement strengthens QCi’s financial position, making it the best-capitalized among publicly traded quantum computing firms, supporting its transition to a leading quantum hardware manufacturer.

The most recent analyst rating on (QUBT) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Quantum Computing stock, see the QUBT Stock Forecast page.

Quantum Computing Secures $500M in Oversubscribed Placement

On September 21, 2025, Quantum Computing Inc. announced a securities purchase agreement for a private placement of 26,867,276 shares of common stock, resulting in gross proceeds of $500 million. The placement, which closed on September 24, 2025, was oversubscribed and led by existing shareholders and a new global asset manager. The funds will support the company’s commercialization efforts, strategic acquisitions, and expansion of sales and engineering teams. This financing strengthens QCi’s financial position, enabling the execution of its growth plan and enhancing its manufacturing capabilities.

The most recent analyst rating on (QUBT) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Quantum Computing stock, see the QUBT Stock Forecast page.

Quantum Computing’s Earnings Call: A Mixed Outlook

The recent earnings call for Quantum Computing, Inc. painted a mixed picture of the company’s current standing and future prospects. While significant strides were made in securing key orders and partnerships, and in advancing technological capabilities, these achievements were overshadowed by a decline in revenue and an increased net loss. The financial setbacks were largely attributed to non-cash derivative liabilities, which tempered the overall positive sentiment of the call.