
Quantum Computing Inc. (NASDAQ:QUBT - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Quantum Computing in a report released on Wednesday, July 2nd. Cantor Fitzgerald analyst T. Jensen anticipates that the company will post earnings of ($0.07) per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $15.00 target price on the stock. Cantor Fitzgerald also issued estimates for Quantum Computing's FY2026 earnings at ($0.27) EPS.
Quantum Computing (NASDAQ:QUBT - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.18. The company had revenue of $0.04 million for the quarter, compared to the consensus estimate of $0.30 million.
Other equities analysts also recently issued research reports about the company. Ascendiant Capital Markets boosted their target price on Quantum Computing from $14.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, June 6th. Wall Street Zen raised Quantum Computing from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 22nd.
Check Out Our Latest Stock Analysis on Quantum Computing
Quantum Computing Trading Up 0.4%
Shares of NASDAQ QUBT traded up $0.09 during trading hours on Friday, hitting $20.74. 18,594,242 shares of the company traded hands, compared to its average volume of 22,667,421. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of -43.21 and a beta of 3.96. The company's 50 day moving average price is $13.49 and its 200 day moving average price is $10.73. Quantum Computing has a 12 month low of $0.53 and a 12 month high of $27.15.
Hedge Funds Weigh In On Quantum Computing
Several hedge funds have recently bought and sold shares of the business. Alyeska Investment Group L.P. purchased a new stake in shares of Quantum Computing in the 4th quarter worth $69,613,000. Anson Funds Management LP purchased a new stake in shares of Quantum Computing in the 4th quarter worth $70,006,000. Vanguard Group Inc. lifted its holdings in shares of Quantum Computing by 83.6% in the 4th quarter. Vanguard Group Inc. now owns 4,186,729 shares of the company's stock worth $69,290,000 after buying an additional 1,906,749 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Quantum Computing in the 1st quarter worth $7,084,000. Finally, Rockefeller Capital Management L.P. purchased a new stake in shares of Quantum Computing in the 4th quarter worth $13,953,000. Institutional investors own 4.26% of the company's stock.
Insiders Place Their Bets
In other Quantum Computing news, Director Javad Shabani sold 39,973 shares of the company's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $11.66, for a total value of $466,085.18. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Christopher Boehmler sold 96,679 shares of the company's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $15.96, for a total value of $1,542,996.84. Following the completion of the transaction, the chief financial officer directly owned 131,060 shares in the company, valued at $2,091,717.60. This trade represents a 42.45% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,059,844 shares of company stock worth $14,685,149. Insiders own 19.30% of the company's stock.
Quantum Computing Company Profile
(
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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.
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