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Quantum Computing Inc

Quantum Computing Inc

QUBT
$7.80USD+2.09%+0.16 today

MARKET CAP

1.8B

P/E (TTM)

FWD P/E

DAY RANGE

$7 – $8

52W RANGE

$6
$26

AI Summary

Stalk
TrimMedium

QUBT remains entrenched in a Stage 4 decline with sequential lower highs and lower lows under declining EMAs and SMAs. The medium-term bias is firmly bearish, while short-term timing is neutral given price is extended below the EMAs and in extreme oversold territory without exhaustion cues. Preferred engagement is deferred sell-side on rallies into resistance around the 9- and 21-day EMAs and prior support-turned-resistance zones. Under a speculative strategy, execution requires clear rejection at those resistance levels before trimming positions.

  • $1.4B cash & equivalents underpins strategic investments
  • Q1 2026 revenue of $3.7M vs $39K YoY validates product demand
  • Q1 2026 net loss $4.1M highlights sustained losses
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Quantum Computing Inc. (NASDAQ: QUBT) is an emerging leader in the quantum technology sector, with a focus on the development of photonic systems and integrated quantum solutions aimed at addressing practical applications across industries such as AI, cybersecurity, and advanced imaging. The company's strategic positioning leverages its NeuraWave photonic reservoir computing platform, designed for AI applications that require ultra-low latency and power efficiency. Their recent acquisitions of Luminar Semiconductor and NuCrypt illustrate a commitment to expanding their research and manufacturing capabilities, strengthening their competitive edge within the rapidly evolving landscape of quantum technologies.

Bull says

  • $1.4B cash & equivalents underpins strategic investments
  • Q1 2026 revenue of $3.7M vs $39K YoY validates product demand
  • Luminar Semiconductor and NuCrypt acquisitions boost tech and capacity
  • $16M contract backlog and NASA deals signal robust growth pipeline
  • Analysts forecast $20–25M annual revenue from Luminar integration
  • 2.37% dividend yield and strong liquidity factors support stability

Bear says

  • Q1 2026 net loss $4.1M highlights sustained losses
  • Operating expenses rose to $19.8M from $8.3M YoY on integration hires
  • High leverage risk may worsen with rising interest rates
  • Elevated short interest reflects investor skepticism
  • Heavy competition from IonQ, IBM and D-Wave threatens market share
  • Negative earnings yield and weak profitability factors weaken valuation

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Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-13-2026bullish

Transcript signals

Bull points

  • revenue for the first quarter totaled $3.7 million compared to $39,000 in the prior year quarter, driven primarily by the acquisition of Luminar Semiconductor in early February and to a lesser extent revenue from the acquisition of Nucrypt in early March.
  • Our balance sheet continues to be strong. We reported cash, cash equivalents, and investments of $1.4 billion at March 31, 2026, compared to $1.5 billion at December 31, 2025.
  • Interest income in the first quarter of 26 was $13.5 million up from $1.7 million in the prior year period.

Bear points

  • Operating expenses for the first quarter totaled $19.8 million compared to $8.3 million in the same quarter last year, due to a substantial increase in staff, which resulted in increased R&D expenses, product development, and sales and marketing expenses.
  • We reported a net loss of $4.1 million for the first quarter, or two cents per share, compared to net income of $17 million in the first quarter of 2025.
Read full transcript analysis ›