Rosenblatt Securities upgraded shares of Quantum Computing (NASDAQ:QUBT – Free Report) to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.
Several other equities analysts also recently commented on the stock. Lake Street Capital dropped their price objective on shares of Quantum Computing from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Wedbush initiated coverage on Quantum Computing in a research report on Wednesday, December 17th. They set a “neutral” rating and a $12.00 price objective on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $15.00 target price on shares of Quantum Computing in a research report on Thursday, December 18th. Wall Street Zen upgraded Quantum Computing from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Ascendiant Capital Markets reduced their target price on shares of Quantum Computing from $40.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Quantum Computing currently has a consensus rating of “Moderate Buy” and an average price target of $18.00.
Check Out Our Latest Stock Analysis on QUBT
Quantum Computing Stock Performance
Quantum Computing (NASDAQ:QUBT – Get Free Report) last released its earnings results on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.05). The business had revenue of $0.38 million during the quarter, compared to the consensus estimate of $0.12 million.
Insider Buying and Selling
In other Quantum Computing news, COO Milan Begliarbekov sold 2,860 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $11.85, for a total transaction of $33,891.00. Following the completion of the sale, the chief operating officer owned 24,240 shares of the company’s stock, valued at approximately $287,244. This represents a 10.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 19.30% of the stock is owned by insiders.
Institutional Investors Weigh In On Quantum Computing
A number of institutional investors have recently modified their holdings of the company. Concurrent Investment Advisors LLC purchased a new stake in Quantum Computing in the 2nd quarter valued at $1,003,000. PFG Investments LLC purchased a new position in Quantum Computing during the 2nd quarter worth $1,128,000. Rollins Financial Advisors LLC bought a new stake in shares of Quantum Computing in the 2nd quarter worth $504,000. SLT Holdings LLC raised its holdings in shares of Quantum Computing by 111.5% in the second quarter. SLT Holdings LLC now owns 69,250 shares of the company’s stock valued at $1,328,000 after purchasing an additional 36,500 shares during the last quarter. Finally, Pacific Heights Asset Management LLC purchased a new stake in shares of Quantum Computing in the second quarter valued at about $7,668,000. 4.26% of the stock is owned by institutional investors.
Quantum Computing News Roundup
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Rosenblatt initiated coverage with a Buy/Strong‑Buy and set a $22 price target (about 73% upside vs. the current price), providing a notable institutional endorsement that likely spurred demand. Rosenblatt sets $22 PT
- Positive Sentiment: Zacks highlights QUBT’s Fab 1 / Fab 2 manufacturing strategy as a way to reduce fabrication risk, scale photonic-chip output and position the company for commercial-scale quantum adoption — a strategic narrative that supports longer-term revenue potential. How QUBT’s Fab Strategy Could Unlock Commercial-Scale Quantum Adoption
- Positive Sentiment: Major financial press (Barron’s) and other outlets picked up Rosenblatt’s bullish stance on QUBT alongside peers, amplifying visibility and potentially drawing momentum investors. Rigetti and Quantum Computing Stocks Are a Buy
- Neutral Sentiment: Sector roundup pieces reiterate analyst bullishness on quantum/AI‑adjacent names (mentioning QUBT among others), which can lift sentiment but is not QUBT‑specific catalyst news. Analysts Still Bullish on Nvidia, Dell, and Quantum Computing
- Neutral Sentiment: Retail/coverage commentary (a YouTube “Overlooked Stock” segment) discussed the Rosenblatt initiation; useful for retail visibility but not a direct fundamental catalyst. Overlooked Stock: QUBT Stalls Despite Upgrade
- Negative Sentiment: Recent insider selling was reported and previously pushed the shares lower in intraday trading, a cautionary sign that can pressure sentiment if selling continues. Quantum Computing Trading Down on Insider Selling
- Negative Sentiment: At least one published price target was reduced (reported as an ~18.75% cut to $16.58), a reminder that sell‑side views remain mixed and could cap upside until fundamentals or milestones change. QUBT Price Target Decreased
Quantum Computing Company Profile
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.
Read More
- Five stocks we like better than Quantum Computing
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Quantum Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quantum Computing and related companies with MarketBeat.com's FREE daily email newsletter.
