Quantum Computing (QUBT) Expected to Announce Earnings on Thursday

Quantum Computing (NASDAQ:QUBT) is anticipated to release its Q2 2025 earnings data after the market closes on Thursday, August 14th. Analysts expect Quantum Computing to post earnings of ($0.06) per share and revenue of $0.10 million for the quarter.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.18. The company had revenue of $0.04 million for the quarter, compared to analysts’ expectations of $0.30 million.

Quantum Computing Trading Up 0.9%

Quantum Computing stock opened at $16.60 on Wednesday. The stock has a market cap of $2.65 billion, a PE ratio of -34.58 and a beta of 4.09. The stock has a 50-day moving average price of $17.39 and a 200 day moving average price of $11.35. Quantum Computing has a 52 week low of $0.57 and a 52 week high of $27.15.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Cantor Fitzgerald assumed coverage on Quantum Computing in a research report on Wednesday, July 2nd. They set a “neutral” rating and a $15.00 price objective for the company. Wall Street Zen upgraded Quantum Computing from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 22nd. Finally, Ascendiant Capital Markets lifted their price objective on Quantum Computing from $14.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, June 6th.

Insiders Place Their Bets

In other Quantum Computing news, Director Michael C. Turmelle sold 200,986 shares of Quantum Computing stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $14.18, for a total value of $2,849,981.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Javad Shabani sold 39,973 shares of Quantum Computing stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $11.66, for a total value of $466,085.18. The disclosure for this sale can be found here. Insiders have sold 1,059,844 shares of company stock worth $14,685,149 over the last 90 days. Corporate insiders own 19.30% of the company’s stock.

Institutional Trading of Quantum Computing

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QUBT. Royal Bank of Canada grew its holdings in Quantum Computing by 57.1% in the 1st quarter. Royal Bank of Canada now owns 53,752 shares of the company’s stock valued at $430,000 after buying an additional 19,527 shares during the period. Millennium Management LLC lifted its stake in shares of Quantum Computing by 288.9% in the 1st quarter. Millennium Management LLC now owns 651,455 shares of the company’s stock valued at $5,212,000 after purchasing an additional 483,940 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Quantum Computing by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 326,278 shares of the company’s stock valued at $2,610,000 after purchasing an additional 2,280 shares in the last quarter. Rhumbline Advisers acquired a new position in shares of Quantum Computing in the 1st quarter valued at about $28,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of Quantum Computing by 12,826.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 54,551 shares of the company’s stock valued at $1,046,000 after purchasing an additional 54,129 shares in the last quarter. Hedge funds and other institutional investors own 4.26% of the company’s stock.

Quantum Computing Company Profile

Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.