Quantum Computing’s (QUBT) Neutral Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald reiterated their neutral rating on shares of Quantum Computing (NASDAQ:QUBTFree Report) in a report released on Tuesday, MarketBeat.com reports. They currently have a $10.00 price objective on the stock.

Several other equities analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Quantum Computing from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. Lake Street Capital reissued a “buy” rating on shares of Quantum Computing in a report on Monday, July 6th. Wedbush initiated coverage on shares of Quantum Computing in a research report on Monday, August 3rd. They set a “neutral” rating and a $12.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Quantum Computing in a report on Wednesday, June 24th. Finally, Ascendiant Capital Markets lifted their target price on shares of Quantum Computing from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Monday, June 15th. Four equities research 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $18.33.

Check Out Our Latest Analysis on Quantum Computing

Quantum Computing Stock Performance

Quantum Computing stock opened at $8.92 on Tuesday. Quantum Computing has a 12 month low of $6.18 and a 12 month high of $25.84. The business’s fifty day simple moving average is $9.03 and its two-hundred day simple moving average is $8.96. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of -127.41 and a beta of 3.74.

Quantum Computing (NASDAQ:QUBTGet Free Report) last issued its earnings results on Monday, August 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The firm had revenue of $5.55 million for the quarter, compared to analysts’ expectations of $5.15 million. On average, equities research analysts predict that Quantum Computing will post -0.18 EPS for the current year.

Institutional Trading of Quantum Computing

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Quantum Computing by 38.1% in the 4th quarter. Vanguard Group Inc. now owns 16,841,423 shares of the company’s stock worth $172,793,000 after purchasing an additional 4,643,818 shares in the last quarter. SLT Holdings LLC grew its holdings in Quantum Computing by 1,028.7% during the 4th quarter. SLT Holdings LLC now owns 169,300 shares of the company’s stock valued at $1,737,000 after buying an additional 154,300 shares in the last quarter. Focus Financial Network Inc. raised its position in shares of Quantum Computing by 402.6% during the second quarter. Focus Financial Network Inc. now owns 911,635 shares of the company’s stock valued at $8,843,000 after buying an additional 730,240 shares during the last quarter. Pacific Heights Asset Management LLC raised its position in shares of Quantum Computing by 38.5% during the fourth quarter. Pacific Heights Asset Management LLC now owns 900,000 shares of the company’s stock valued at $9,234,000 after buying an additional 250,000 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Quantum Computing by 72.1% in the first quarter. Bank of New York Mellon Corp now owns 1,022,604 shares of the company’s stock worth $7,005,000 after buying an additional 428,418 shares in the last quarter. 4.26% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Quantum Computing

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

  • Positive Sentiment: Northland Securities maintained an Outperform rating and a $20 price target, implying substantial potential upside from recent levels. A Zacks analysis also identified QCi as a quantum-computing stock with more than 75% potential upside, citing commercial adoption, revenue growth, and partnerships. 2 Quantum Stocks With 75%+ Upside in August After Q2 Earnings
  • Positive Sentiment: Rosenblatt Securities reportedly continued to rate Quantum Computing as a Buy, providing additional support for the bullish long-term case. Rosenblatt Securities Remains a Buy for Quantum Computing
  • Neutral Sentiment: Cantor Fitzgerald reiterated a Neutral/Hold view, highlighting a more cautious stance among analysts despite the higher price targets from other firms. Cantor Fitzgerald Reiterates Neutral Rating
  • Neutral Sentiment: Recent technical commentary suggests QUBT remains highly sensitive to company catalysts and needs confirmation of a sustained trend before the bullish outlook strengthens. Quantum Computing Catalyst Sensitivity and Trend Confirmation
  • Negative Sentiment: Northland lowered its FY2026 EPS forecast to a $0.16 loss from a $0.06 loss and reduced its FY2027 forecast to a $0.09 loss from a $0.08 loss. The revisions point to greater expected losses, even though the firm retained its bullish rating and price target.
  • Negative Sentiment: Coverage raised concerns that QUBT’s roughly $2 billion valuation is supported by acquired or “bought” revenue rather than proven organic growth. Analysts and investors are also watching integration risks involving LSI, NuCrypt, and NHanced, along with execution and scaling risks at the Arizona facility. Quantum Computing: A $2B Valuation Built On Bought Revenue Quantum Computing Integration and Expansion Risks

About Quantum Computing

(Get Free Report)

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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