Shares of Quantum Computing Inc. (NASDAQ:QUBT – Get Free Report) saw strong trading volume on Thursday . 9,039,395 shares traded hands during mid-day trading, a decline of 32% from the previous session’s volume of 13,374,246 shares.The stock last traded at $9.1550 and had previously closed at $9.40.
Quantum Computing News Summary
Here are the key news stories impacting Quantum Computing this week:
- Positive Sentiment: Nvidia’s Ising model rollout lifted the whole quantum cohort, directly boosting sentiment in QUBT as investors re-rate names that could benefit from AI-driven quantum calibration and error correction. Quantum Computing (QUBT) Soars 15.9% as Nvidia Unveils Quantum System Solution
- Positive Sentiment: Heavy options and social-media momentum: traders picked up unusually large call volume and Quiver/retail chatter shows bullish setups and explosive call gains, amplifying short-term volatility and upside interest in QUBT. Quantum Computing Inc. Stock (QUBT) Opinions on Nvidia Ising Model Launch
- Positive Sentiment: Analyst and institutional interest: multiple buy ratings and recent big institutional buys (and some large reallocations) provide a supportive narrative and price-targets above current levels, helping underpin the rally. Quantum Computing Inc. Stock (QUBT) Opinions on Nvidia Ising Model Launch
- Neutral Sentiment: CEO commentary framed Anthropic’s Mythos as not revealing new vulnerabilities but urged faster focus on quantum security — a message that can increase demand for QUBT’s security-related offerings but is more strategic than immediately revenue-driving. Exclusive: QUBT CEO says Anthropic’s Mythos ‘doesn’t reveal anything new’ — but it should make everyone move faster on quantum security
- Neutral Sentiment: Sector comparisons (e.g., D‑Wave) and analyst write-ups highlight a rotation into high‑beta quantum plays; this raises the chance of short-term momentum but also greater sensitivity to broader tech flows. D-Wave Quantum Vs. Quantum Computing: Early Revenue Premium Masks Long-Term Parity
- Negative Sentiment: Fundamentals and insider selling: prior quarterly results showed an EPS beat but weak revenue, insiders have sold shares recently, and some analysts flag valuation after a recent volatile run — all factors that could cap gains if the sector hype fades. Assessing Quantum Computing’s Valuation After A Sharp Shift In Recent Share Price Performance
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Ascendiant Capital Markets decreased their price target on Quantum Computing from $40.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Rosenblatt Securities reiterated a “buy” rating and issued a $22.00 price target on shares of Quantum Computing in a report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum Computing in a research note on Friday, March 27th. Wedbush began coverage on Quantum Computing in a research note on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 target price on the stock. Finally, Cantor Fitzgerald cut their target price on Quantum Computing from $15.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $17.00.
Quantum Computing Price Performance
The company has a market cap of $2.13 billion, a price-to-earnings ratio of -63.23 and a beta of 3.67. The stock has a 50-day moving average price of $7.72 and a 200 day moving average price of $11.47.
Quantum Computing (NASDAQ:QUBT – Get Free Report) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. The business had revenue of $0.20 million for the quarter, compared to analyst estimates of $0.39 million.
Insider Activity at Quantum Computing
In other news, CFO Christopher Bruce Roberts sold 9,360 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $7.85, for a total transaction of $73,476.00. Following the sale, the chief financial officer owned 1,123,038 shares of the company’s stock, valued at $8,815,848.30. This trade represents a 0.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 19.30% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of QUBT. Aventura Private Wealth LLC bought a new position in shares of Quantum Computing during the fourth quarter worth about $26,000. International Assets Investment Management LLC bought a new position in Quantum Computing in the fourth quarter valued at approximately $26,000. Farther Finance Advisors LLC grew its stake in Quantum Computing by 724.7% in the third quarter. Farther Finance Advisors LLC now owns 1,501 shares of the company’s stock valued at $28,000 after purchasing an additional 1,319 shares in the last quarter. Rhumbline Advisers bought a new position in Quantum Computing in the first quarter valued at approximately $28,000. Finally, Tucker Asset Management LLC bought a new position in Quantum Computing in the fourth quarter valued at approximately $29,000. 4.26% of the stock is currently owned by institutional investors.
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.
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