Quantum Computing (NASDAQ:QUBT) Trading 4.3% Higher – What’s Next?

Quantum Computing Inc. (NASDAQ:QUBT)’s share price was up 4.3% during mid-day trading on Friday . The company traded as high as $13.20 and last traded at $12.70. Approximately 21,106,347 shares were traded during trading, an increase of 17% from the average daily volume of 18,037,674 shares. The stock had previously closed at $12.18.

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on QUBT. Wall Street Zen raised Quantum Computing from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. Rosenblatt Securities began coverage on Quantum Computing in a research report on Thursday. They issued a “buy” rating and a $22.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research note on Monday, December 29th. Cantor Fitzgerald reiterated a “neutral” rating and set a $15.00 price target on shares of Quantum Computing in a research report on Thursday, December 18th. Finally, Lake Street Capital lowered their price target on Quantum Computing from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Quantum Computing currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Quantum Computing Stock Performance

The business has a 50 day simple moving average of $11.57 and a 200-day simple moving average of $15.39. The stock has a market capitalization of $2.85 billion, a P/E ratio of -20.82 and a beta of 3.49.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.05) EPS for the quarter, hitting analysts’ consensus estimates of ($0.05). The firm had revenue of $0.38 million during the quarter, compared to the consensus estimate of $0.12 million.

Insiders Place Their Bets

In other Quantum Computing news, COO Milan Begliarbekov sold 2,860 shares of the company’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $11.85, for a total value of $33,891.00. Following the completion of the sale, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at approximately $287,244. This represents a 10.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 19.30% of the company’s stock.

Institutional Trading of Quantum Computing

Several institutional investors and hedge funds have recently added to or reduced their stakes in QUBT. Vanguard Group Inc. grew its position in Quantum Computing by 23.1% in the third quarter. Vanguard Group Inc. now owns 12,197,605 shares of the company’s stock worth $224,558,000 after buying an additional 2,286,514 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Quantum Computing during the 3rd quarter valued at $123,014,000. Anson Funds Management LP boosted its stake in shares of Quantum Computing by 14.9% during the 3rd quarter. Anson Funds Management LP now owns 5,373,455 shares of the company’s stock worth $98,925,000 after acquiring an additional 695,092 shares in the last quarter. Ghisallo Capital Management LLC acquired a new position in shares of Quantum Computing in the 3rd quarter worth $74,194,000. Finally, Polar Asset Management Partners Inc. raised its position in shares of Quantum Computing by 72.3% during the third quarter. Polar Asset Management Partners Inc. now owns 2,686,727 shares of the company’s stock worth $48,643,000 after purchasing an additional 1,127,427 shares during the period. 4.26% of the stock is owned by institutional investors and hedge funds.

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.