Quantum Computing Inc. QUBT

8.96 (0.20) (2.18%) as of 25 Sep
Market cap
$2.1B
P/E
0.0×

Insider Decisions

Total sells 0.65
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — 1 — 1 — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 2,080.00
Revenue 0.28
Net Income 0.00
Free Cash Flow (20.64)
Net Debt (1.71)
Current Ratio 1.00
Debt/Equity 0.07
P/E ratio 0.00
P/S ratio 2,365.86
P/B ratio 8.28
Past 5Y EPS Growth 8.50%
This Y EPS Growth (40.91%)
Next Y EPS Growth (23.66%)
Next 5Y EPS Growth (14.47%)
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2020 2021 2022 Q'23
Cash 15 17 5 7
Receivables — — 0 1
Inventory — — — —
Other 0 0 0 0
15 17 6 8
2020 2021 2022 Q'23
Payables 0 0 1 1
ST’ Debt 0 0 2 6
Other 0 1 4 1
1 1 7 8
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 0 0 0 — —
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (5) (5) (5) — —
’22 (4) (4) (3) (6) (18)
’21 (2) (1) (2) (2) (7)
’20 0 (2) (3) (6) (12)
’19 — — — — (2)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (5) (5) (5) — —
’22 (4) (4) (3) (6) (18)
’21 (2) (1) (2) (2) (7)
’20 0 (2) (3) (6) (12)
’19 — — — — (2)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.02) (0.05) — — —
’25 0.11 (0.26) 0.01 (0.01) (0.11)
’24 (0.08) (0.06) (0.06) (0.47) (0.73)
’23 (0.11) (0.05) (0.09) (0.09) (0.31)
’22 (0.24) (0.17) (0.22) (0.11) (0.69)
’21 (0.12) (0.14) (0.16) (0.54) (0.96)
’20 (0.09) (0.20) (0.68) (0.38) (0.88)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.20 0.20 0.02 2.20 0.78 3.24 1.42 0.63 0.36 4.37

Analyst estimates 2026–2028

Powerpack
Low Price
0.20 1.20 39.60 7.50 25.07 17.00 4.40 3.49 27.15 25.84
High Price
— — — — — — — — — —
Employees
— — — — — — 0 — — —
Revenue/Emp
— — — — — — 0 — — —
Revenue
— — 0.00% 0.00% 0.00% 0.00% (18,668.29%) — — —
Gross Margin
— 0 (11) (8) (25) (28) (39) — — —
EBT
— 0.00% 0.00% 0.00% 0.00% 0.00% (28,461.43%) — — —
EBT Margin
— 0 (11) (8) (25) (28) 0 0 0 0
Net Income
— — 0 0 0 0 3 — — —
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— (0.19) (2.22) (1.14) (0.88) (0.96) (0.69) (0.38) (0.73) (0.11)
Earnings/Sh
0.00 0.00 (0.50) (0.30) (0.41) (0.23) (0.31) 0.00 0.00 0.00
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
0.00 0.00 (0.50) (0.30) (0.41) (0.23) (0.31) 0.00 0.00 0.00
Free CF/Sh
0.00 0.00 (0.30) (0.37) 0.52 0.56 1.34 0.00 0.00 0.00
Book Value/Sh
0 1 5 7 28 29 56 78 94 277
Shares
— — — — — — 0.00 — — —
PE Ratio
— — — — — — 627.32 — — —
PS Ratio
— — — — — — 1.14 — — —
PB Ratio
— — — — — — 658.42 — — —
EV/Sales
— — — — — — (5.09) — — —
EV/FCF
— — (2) (2) (12) (7) (18) — — —
Op' Cash Flow
— — 0 0 0 0 (1) — — —
Capex
— — (2) (2) (12) (7) (18) — — —
FCF
— 0 (2) (3) 15 16 (1) — — —
Working Cap'
— — 3 2 0 0 10 — — —
Total Debt
— — 1 2 (15) (17) 4 — — —
Net Debt
— 0 (1) (3) 15 16 75 — — —
Sh' Equity
— 0.00% (1,107.64%) (781.31%) (318.82%) (171.41%) (446.58%) 0.00% 0.00% 0.00%
ROA
— 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% — — —
ROIC
— 24.68% 1,481.54% 405.94% (417.02%) (181.30%) (84.73%) 0.00% 0.00% 0.00%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2022 · latest quarter Sep 2023

Quantum Computing Inc. peers in Computer Hardware

All 38 Computer Hardware stocks →

Quantum Computing Inc. (QUBT) key facts

  • Quantum Computing Inc. (QUBT) is a Computer Hardware company in the Technology sector, listed on Nasdaq.
  • Quantum Computing Inc.’s revenue for fiscal 2022 (year ended December 2022) was $135,600.00.
  • As of September 25, 2026, QUBT traded at $8.96, a market capitalization of $2.1 billion.
  • Return on equity was 0.00% and debt-to-equity 0.07.

Source: company filings (standardised) and stockrow calculations.

Quantum Computing Inc. (QUBT) Latest News

News by impact score

Fine-tune

26 Sep

4

Quantum Computing Inc. (QUBT) is presenting an integrated quantum security platform at ECOC 2026, pairing quantum key distribution with hardware-based quantum identity authentication for secure communications. The live deployment-style demonstration leverages the company's photonics expertise, patents, and vertically integrated manufacturing to move lab-grade quantum tech toward practical data-security tools. The rollout is tied to a broader narrative that room-temperature photonic hardware can scale quantum-secure networking and computing, potentially enabling deployments with major banks, cloud providers, and governments. While the ECOC launch strengthens QCi's security stack and positions it against incumbents such as Toshiba QKD and ID Quantique, the bear case remains: heavy early spending before substantial demand, and uncertain ability to convert demos into repeatable, multi-site contracts as telecoms and large cloud buyers control much of the purchasing decision. Investors are advised to view the story within a wider quantum-industry context, not in isolation. Potential to accelerate real-world quantum-security adoption, but execution risk and contract win-rate may limit upside.

25 Sep

3

Quantum Computing Inc. (QUBT) shares have gained about sevenfold over three years, but recent momentum weakness raises whether the $8.96 price is still anchored to book value. The stock trades around 1.3x book value, below the tech sector average and peers, implying a discount to net assets. Valuation hinges on execution of new ventures, including quantum-secure communications and a tie-up with Hamad Bin Khalifa University, which could lift future returns on capital. Analysts' fair-value estimates exist, and Simply Wall St narratives outline growth, margins, and earnings paths needed to justify the price, with a top view of 51% undervalued tied to ecosystem partnerships such as POET Technologies and potential multi-year contracts. Despite partnership news, the stock remains priced below typical tech P/B levels, highlighting risk around execution and future catalysts. New partnerships and quantum-security initiatives could influence returns on capital if executed, but 1.3x P/B and weak momentum keep overall impact uncertain.

24 Sep

4

Quantum Computing Inc. (QUBT) is expanding its manufacturing through Fab 2 after acquiring NHanced Semiconductors, adding semiconductor and nanophotonics fabrication, advanced packaging, and specialized engineering talent. NHanced brings integration, hybrid bonding, chiplet architectures, silicon interposers and photonics device integration, complementing QCi's photonic and quantum portfolio. The deal enables 2.5D/3D heterogeneous integration and scaling of TFLN-on-Silicon Photonics, accelerating commercialization and expanding production capabilities. The enlarged U.S.-based footprint should boost production flexibility, operational excellence, and supply-chain resilience, supporting development of advanced photonic chips for quantum computing, AI, networking, secure communications and defense. The piece also notes peers’ moves: Rigetti’s Fab-1 in Fremont aims for rapid qubit iteration and larger chiplets; IonQ’s SkyWater/Nexus Photonics acquisitions deepen in-house fabrication and photonics integration. Valuation concerns and stock performance are highlighted. Expanded Fab 2 capacity and NHanced's integration and packaging capabilities could materially accelerate commercialization and scale, potentially shifting QUBT's competitive position.

23 Sep

3

QBTS/D-Wave expands its quantum push with major funding and new deals. The U.S. Department of Commerce agreed to provide up to $100 million under the CHIPS and Science Act to accelerate R&D and scale D-Wave’s annealing and gate-model quantum systems. NTT DOCOMO deployed a second D-Wave-powered application in production, cutting location-registration signals by 65.3% at TA-List boundaries and paging signals by 7.0%, reducing network signaling load. The NRC awarded CAD $300,000 to advance annealing software for commercial use. AT&T expanded its use of D-Wave for network-optimization challenges. Separately, Rigetti, HPE and PSC are partnering on the TangleLab testbed with a 9-qubit Novera system. QUBT signed a three-year framework with HBKU in Qatar to provide on-cloud Dirac-3 access and installation to support the regional quantum ecosystem. HBKU deal expands QUBT's regional footprint and revenue potential, representing a moderate but meaningful uplift.

22 Sep

3

Rigetti Computing's RGTI identifies coherence-time limits on its 108-qubit Cepheus system as the main scaling bottleneck, with 25-30 microseconds of coherence constraining two-qubit gate fidelity. Engineering efforts—chip redesigns, process improvements, and new materials like tantalum-capped superconducting contacts—aim to double or triple coherence times over the coming years, improving gate reliability and enabling more practical workloads beyond mere qubit increases. The article also notes Quantum Computing Inc. (QUBT) signing a three-year Framework Agreement with Hamad Bin Khalifa University in Qatar to collaborate on quantum computing, sensing, and communications, plus joint research, education, and co-marketing to accelerate adoption and talent development. Additional peer updates include IonQ's $8.18 million deal with Congruity360 to integrate post-quantum security. The piece provides Rigetti's performance context alongside industry headlines and valuation notes for peers. Partnership expands QUBT's collaboration footprint and potential pipeline in the Middle East, offering moderate long-term upside.

18 Sep

3

Quantum Computing Inc. leverages its EQC approach to drive company growth. EQC approach directly supports QUBT growth prospects.

15 Sep

3

Quantum Computing Inc. (QUBT) has entered a three-year partnership with Qatar. Three-year Qatar partnership may open new markets but lacks details on scale or financial terms.

14 Sep

3

Quantum Computing Inc. signed a three-year agreement with Hamad Bin Khalifa University. University agreement adds research collaboration but does not alter core operations or market trajectory.

3

Quantum Computing Inc. signs framework agreement with Hamad Bin Khalifa University to expand global quantum adoption. University framework agreement supports international reach but remains early-stage collaboration without disclosed revenue or product commitments.

8 Sep

3

QUBT reports revenue growth but continues to face significant profitability challenges that raise doubts about its financial stability and long-term viability. Ongoing profitability shortfalls despite revenue gains are likely to weigh on QUBT valuation and limit upside momentum.

3 Sep

3

QUBT prioritizes scaling operations despite rising costs that erode profitability. Cost pressures limit near-term margins while scale focus may reshape long-term positioning.

29 Aug

4

Quantum Computing Inc. acquires chip technology and advances Dirac-3 deployments, aiming to strengthen its quantum computing position. Chip acquisition and Dirac-3 deployments mark major strategic moves likely to alter QUBT trajectory and investor sentiment.

27 Aug

3

Quantum Computing Inc. (QUBT) receives a $32 price target after shifting from ink cartridge sales to quantum technology. Analyst price target introduces moderate market sentiment shift for QUBT without altering core operations.

3

Quantum Computing Inc. (QUBT) stock growth surge is mostly illusory with no fundamental backing. Questioning of growth validity may pressure QUBT investor sentiment and near-term valuation.

26 Aug

3

Quantum Computing Inc. (QUBT) holds long-term growth potential from quantum technology advancements and expanding industry applications. Growth potential analysis points to moderate effects on financial outlook and market positioning.

22 Aug

4

Quantum Computing Inc. (QUBT) posted a 9,000% revenue jump. QUBT revenue surged 9000 percent indicating major growth and stronger market position.

4

Quantum Computing Inc. (QUBT) pursues acquisitions to complement its quantum technology commercialization efforts. Acquisitions alongside commercialization mark major strategic moves that could significantly alter company trajectory.

18 Aug

3

QUBT expands customer adoption across quantum platforms. Customer adoption growth across platforms indicates moderate gains in market reach and positioning.

17 Aug

3 transcript

Quantum Computing Inc. (QUBT) released its Q2 2026 earnings call transcript covering financial results and operations. Earnings call transcripts provide financial metrics and outlook that can shift near-term investor sentiment for QUBT.

14 Aug

3

Quantum Computing Inc. (QUBT) retains financial flexibility amid strategic expansion. Financial flexibility during expansion supports moderate growth stability for QUBT without major trajectory shifts.

11 Aug

4

Quantum Computing Inc. held its Q2 earnings call with emphasis on commercial scaling of quantum systems and related business development. Emphasis on commercial scaling signals strategic progress that can materially shift revenue outlook and investor positioning for Quantum Computing Inc.

4 transcript

QUBT's Q2 2026 earnings call highlights revenue surging to $5 million. Revenue surge signals strong financial performance that boosts investor sentiment and alters company trajectory.

10 Aug

4

Quantum Computing Inc. posts surging revenue and narrower losses, potentially improving its investment case. Surging revenue and narrower losses indicate stronger financials likely to lift stock trajectory and sentiment.

3 transcript

Quantum Computing Inc. held Q2 2026 earnings call covering quarterly financial results, operations and forward outlook. Earnings call delivers financial results and guidance that moderately affect near-term stock movement and sentiment.

3 transcript

Quantum Computing Inc. (QUBT) presented Q2 earnings call highlights. Q2 earnings highlights deliver financial updates that moderately affect investor sentiment and near-term performance.

3

Quantum Computing Inc. reported its second quarter 2026 financial results. Quarterly financial results directly affect near-term valuation and investor sentiment.

7 Aug

3

QUBT stock is poised to drop after Aug. 10. Potential stock drop after Aug. 10 may shift QUBT valuation and sentiment without altering core operations.

6 Aug

4

Quantum Computing Inc. advances commercial efforts with early platform launch and reports $113M cash position in quarterly update. Early platform launch combined with strong cash reserves signals major strategic progress likely to boost growth trajectory and investor interest.

3 Aug

3

Quantum Computing Inc. (QUBT) stock faces Q2 earnings release with buy, hold or sell analysis. Pre-earnings stock advice may moderately sway QUBT investor sentiment without altering core trajectory.

27 Jul

3

Quantum Computing Inc. appointed new CRO and CPO, moves that could reframe investor theses on the company's strategic direction and quantum computing prospects. New CRO and CPO appointments may moderately influence operational strategies and market positioning without fundamentally altering company trajectory.

stockrow.com/QUBT · Data as of Sep 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com