Quantum Computing (NASDAQ:QUBT) Earns “Buy” Rating from Rosenblatt Securities

Quantum Computing (NASDAQ:QUBT)‘s stock had its “buy” rating restated by stock analysts at Rosenblatt Securities in a research report issued on Wednesday,Benzinga reports. They currently have a $22.00 target price on the stock. Rosenblatt Securities’ target price indicates a potential upside of 118.75% from the stock’s previous close.

Several other research firms have also recently issued reports on QUBT. Northland Securities initiated coverage on Quantum Computing in a research note on Monday, April 20th. They set an “outperform” rating and a $20.00 target price on the stock. Wall Street Zen cut shares of Quantum Computing from a “hold” rating to a “sell” rating in a research report on Saturday, June 13th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $10.00 price target on shares of Quantum Computing in a report on Wednesday. Ascendiant Capital Markets upped their target price on Quantum Computing from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a report on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $18.33.

Quantum Computing Price Performance

QUBT stock traded down $0.43 during midday trading on Wednesday, hitting $10.06. The company’s stock had a trading volume of 9,346,016 shares, compared to its average volume of 17,405,055. The company’s fifty day moving average price is $10.24 and its 200 day moving average price is $9.78. Quantum Computing has a twelve month low of $6.18 and a twelve month high of $25.84. The stock has a market capitalization of $2.27 billion, a P/E ratio of -35.85 and a beta of 3.72.

Quantum Computing (NASDAQ:QUBT) last announced its quarterly earnings results on Monday, May 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.03. The company had revenue of $3.69 million for the quarter, compared to the consensus estimate of $3.13 million. Equities analysts expect that Quantum Computing will post -0.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Quantum Computing

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Alyeska Investment Group L.P. bought a new stake in shares of Quantum Computing in the 3rd quarter worth approximately $123,014,000. Marex Group plc grew its holdings in shares of Quantum Computing by 255.6% in the 4th 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 during the last quarter. Vanguard Group Inc. raised its position in Quantum Computing by 38.1% in the 4th quarter. Vanguard Group Inc. now owns 16,841,423 shares of the company’s stock valued at $172,793,000 after purchasing an additional 4,643,818 shares during the last quarter. Ghisallo Capital Management LLC acquired a new stake in shares of Quantum Computing in the third quarter valued at approximately $74,194,000. Finally, Defiance ETFs LLC acquired a new position in Quantum Computing in the fourth quarter valued at approximately $33,071,000. Institutional investors own 4.26% of the company’s stock.

Key Headlines Impacting Quantum Computing

Here are the key news stories impacting Quantum Computing this week:

• Positive Sentiment: Quantum Computing completed its acquisition of NHanced Semiconductors, a strategic deal valued at $73.1 million upfront and potentially up to $145.1 million including performance targets, which should expand manufacturing capabilities and accelerate its Fab 2 roadmap. Quantum Computing Inc. Completes Acquisition of NHanced Semiconductors, Inc.
• Positive Sentiment: Several recent writeups remain bullish on QUBT, arguing the company has improving earnings prospects, record revenue momentum, and meaningful upside potential from current levels. Buy QUBT Now: 74% Price Upside Ahead for This Quantum Stock
• Positive Sentiment: The broader quantum-computing group has been lifted by industry news and policy attention, including reports of quantum stocks rallying after Trump executive orders and a long-term 2028 target for the sector. Quantinuum, Infleqtion lead quantum stock rally following Trump’s executive orders
• Neutral Sentiment: Investor commentary is increasingly splitting quantum names into “winners” and “losers,” which could mean QUBT’s near-term move depends on whether the market views its acquisition and commercialization execution as credible. Why Investors Are Finally Separating Quantum Computing Winners From Losers
• Negative Sentiment: Despite the acquisition and bullish commentary, QUBT remains volatile, and recent coverage notes mixed action across quantum stocks rather than a broad, sustained rally. Quantum computing stocks mixed amid Trump executive orders, 2028 target
• Negative Sentiment: Insider selling and a recent pattern of hedge funds trimming positions may weigh on sentiment, even as some institutions have added shares. Quantum Computing Inc. Stock (QUBT) Opinions on NHanced Semiconductors Acquisition

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.