FY2026 EPS Estimates for QUBT Increased by Analyst

Quantum Computing Inc. (NASDAQ:QUBT) – Equities research analysts at Northland Securities lifted their FY2026 earnings per share estimates for Quantum Computing in a research report issued on Tuesday, May 12th. Northland Securities analyst N. Chokshi now expects that the company will post earnings per share of ($0.06) for the year, up from their prior estimate of ($0.25). Northland Securities currently 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.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.03. The business had revenue of $3.69 million during the quarter, compared to analysts’ expectations of $3.13 million.

A number of other equities analysts also recently weighed in on QUBT. Cantor Fitzgerald cut their price target on shares of Quantum Computing from $15.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research report on Friday, March 27th. Wall Street Zen cut shares of Quantum Computing from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $22.00 target price on shares of Quantum Computing in a research report on Tuesday, March 3rd. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Quantum Computing has an average rating of “Hold” and a consensus target price of $17.50.

Quantum Computing Price Performance

Shares of Quantum Computing stock opened at $11.03 on Thursday. The firm has a market cap of $2.49 billion, a PE ratio of -39.39 and a beta of 3.70. Quantum Computing has a 1 year low of $6.18 and a 1 year high of $25.84. The stock has a fifty day moving average price of $8.14 and a 200-day moving average price of $10.15.

Institutional Investors Weigh In On Quantum Computing

Several institutional investors have recently added to or reduced their stakes in QUBT. Alyeska Investment Group L.P. purchased a new stake in Quantum Computing during the third quarter valued at about $123,014,000. Marex Group plc raised its position in shares of Quantum Computing by 255.6% in the fourth quarter. Marex Group plc now owns 8,272,153 shares of the company’s stock valued at $84,872,000 after purchasing an additional 5,945,679 shares during the period. Vanguard Group Inc. raised its position in shares of Quantum Computing by 38.1% in the fourth quarter. Vanguard Group Inc. now owns 16,841,423 shares of the company’s stock valued at $172,793,000 after purchasing an additional 4,643,818 shares during the period. Ghisallo Capital Management LLC purchased a new stake in shares of Quantum Computing during the 3rd quarter valued at approximately $74,194,000. Finally, Defiance ETFs LLC bought a new position in Quantum Computing in the 4th quarter worth approximately $33,071,000. 4.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Quantum Computing

In other news, CFO Christopher Bruce Roberts sold 68,902 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer owned 1,132,398 shares in the company, valued at approximately $8,889,324.30. This represents a 5.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 19.30% of the stock is owned by corporate insiders.

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.