Quantum-Si Incorporated (QSI) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analysts’ consensus rating is “Hold” across five brokerages: three rate QSI a buy, one a hold and one a sell. Their average 12-month price target is $2.50.
• Quantum-Si reported quarterly EPS of -$0.10, better than the -$0.12 consensus estimate, but revenue of $0.21 million fell short of the $0.27 million estimate.
• Institutional investors own 39.9% of the stock. QSI traded at $1.23 in the cited session, within a 12-month range of $0.69 to $1.81.

Shares of Quantum-Si Incorporated (NASDAQ:QSI - Get Free Report) have been assigned a consensus recommendation of "Hold" from the five brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $2.50.

Several brokerages have recently issued reports on QSI. Weiss Ratings raised shares of Quantum-Si from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Thursday, September 24th. HC Wainwright reissued a "buy" rating on shares of Quantum-Si in a research note on Thursday. Alliance Global Partners restated a "buy" rating on shares of Quantum-Si in a report on Friday, August 14th. Wall Street Zen upgraded shares of Quantum-Si from a "sell" rating to a "hold" rating in a research report on Tuesday, October 27th. Finally, UBS Group reaffirmed a "buy" rating on shares of Quantum-Si in a report on Thursday.

Institutional Investors Weigh In On Quantum-Si

Several hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC purchased a new stake in Quantum-Si during the third quarter valued at about $29,000. China Universal Asset Management Co. Ltd. acquired a new stake in shares of Quantum-Si during the third quarter valued at approximately $39,000. Verdence Capital Advisors LLC acquired a new stake in shares of Quantum-Si during the third quarter valued at approximately $143,000. IPG Investment Advisors LLC purchased a new stake in shares of Quantum-Si in the 2nd quarter valued at approximately $27,000. Finally, WINTON GROUP Ltd acquired a new position in Quantum-Si in the 2nd quarter worth approximately $67,000. 39.90% of the stock is owned by hedge funds and other institutional investors.

Quantum-Si Stock Performance

Shares of QSI stock traded down $0.04 during mid-day trading on Thursday, hitting $1.23. 1,969,017 shares of the stock traded hands, compared to its average volume of 5,287,510. Quantum-Si has a twelve month low of $0.69 and a twelve month high of $1.81. The firm has a market cap of $268.13 million, a price-to-earnings ratio of -3.14 and a beta of 3.26. The company's 50-day simple moving average is $1.12 and its 200-day simple moving average is $0.97.

Quantum-Si (NASDAQ:QSI - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.02. The business had revenue of $0.21 million during the quarter, compared to analyst estimates of $0.27 million. Quantum-Si had a negative return on equity of 44.72% and a negative net margin of 6,729.80%. Analysts forecast that Quantum-Si will post -0.47 earnings per share for the current year.

Quantum-Si Company Profile

Quantum-Si Incorporated NASDAQ: QSI is a life sciences technology company focused on transforming protein analysis through next-generation proteomics. The company develops tools designed to identify and characterize proteins at the single-molecule level, with potential applications in drug discovery, translational research, diagnostics development and precision medicine. Its primary offering is the Platinum platform, which combines a benchtop sequencing instrument, semiconductor-based technology, consumables and data-analysis software.

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