
Quantum Computing Inc. (NASDAQ:QUBT – Free Report) – Ascendiant Capital Markets issued their Q3 2026 earnings per share (EPS) estimates for Quantum Computing in a report issued on Tuesday, August 25th. Ascendiant Capital Markets analyst E. Woo expects that the company will post earnings of ($0.07) per share for the quarter. Ascendiant Capital Markets currently has a “Buy” rating and a $32.00 price target on the stock. The consensus estimate for Quantum Computing’s current full-year earnings is ($0.18) per share. Ascendiant Capital Markets also issued estimates for Quantum Computing’s Q4 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.21) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.06) EPS and FY2027 earnings at ($0.26) EPS.
Several other equities research analysts have also issued reports on the company. Lake Street Capital reissued a “buy” rating on shares of Quantum Computing in a research report on Monday, July 6th. Rosenblatt Securities reaffirmed a “buy” rating and set a $22.00 price objective on shares of Quantum Computing in a research report on Monday, June 29th. Cantor Fitzgerald reissued a “neutral” rating and issued a $10.00 target price on shares of Quantum Computing in a report on Tuesday, August 11th. Wall Street Zen downgraded Quantum Computing from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a report on Wednesday, June 24th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Quantum Computing has an average rating of “Hold” and an average price target of $18.67.
Quantum Computing Stock Up 1.0%
Shares of NASDAQ QUBT opened at $8.23 on Tuesday. The stock’s 50 day moving average price is $8.62 and its two-hundred day moving average price is $8.86. Quantum Computing has a 52-week low of $6.18 and a 52-week high of $25.84. The stock has a market capitalization of $1.86 billion, a P/E ratio of -117.55 and a beta of 3.74.
Quantum Computing (NASDAQ:QUBT – Get Free Report) last posted its quarterly 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 company had revenue of $5.55 million for the quarter, compared to analysts’ expectations of $5.15 million.
Hedge Funds Weigh In On Quantum Computing
Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Quantum Computing during the 2nd quarter valued at $172,020,000. Vanguard Group Inc. boosted its position in Quantum Computing by 38.1% during the 4th quarter. Vanguard Group Inc. now owns 16,841,423 shares of the company’s stock worth $172,793,000 after acquiring an additional 4,643,818 shares during the period. Marex Group plc grew its stake 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 worth $84,872,000 after purchasing an additional 5,945,679 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of Quantum Computing in the third quarter worth $123,014,000. Finally, Geode Capital Management LLC lifted its holdings in Quantum Computing by 45.5% in the fourth quarter. Geode Capital Management LLC now owns 4,565,192 shares of the company’s stock worth $46,846,000 after purchasing an additional 1,428,120 shares during the period. 4.26% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Quantum Computing
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Ascendiant maintains bullish outlook: Ascendiant Capital Markets reiterated a “Buy” rating and a $32 price target, far above the recent trading level. The firm expects QUBT to remain loss-making but sees a potential long-term opportunity in the company’s quantum, photonics and semiconductor businesses.
- Positive Sentiment: Relative advantage versus another quantum stock: A Zacks comparison of QUBT and D-Wave Quantum (QBTS) said both stocks face post-earnings weakness, but cited Quantum Computing’s stronger revenue growth, liquidity and lower valuation as reasons QUBT may be the more attractive investment. QUBT vs. QBTS: Which Quantum Stock Should You Buy or Sell Now?
- Neutral Sentiment: Upcoming conference appearance: CEO Yuping Huang and CFO Chris Roberts will hold one-on-one meetings at the Lake Street Capital Markets Best Ideas Growth Conference on September 10. The event could provide investors with updates on strategy, commercialization and financing, but no new operating information was announced. Quantum Computing Inc. To Attend Lake Street Capital Markets 10th Annual Best Ideas Growth Conference
- Negative Sentiment: Losses are expected to persist: Ascendiant forecasts losses of $0.07 per share in both the third and fourth quarters of 2026, a $0.21 loss for fiscal 2026 and a larger $0.26 loss for fiscal 2027. Those projections, along with the company’s recent earnings miss, highlight ongoing execution and profitability risks despite the bullish price target.
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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