Equities Analysts Issue Forecasts for QUBT FY2026 Earnings

Key Points

• Cantor Fitzgerald raised its FY2026 EPS estimate for Quantum Computing to ($0.19) from ($0.33); the company also reported Q3 EPS of ($0.05) in line with estimates and revenue of $0.38M, above consensus.
• Analyst coverage is mixed with wide price‑target divergence — examples include Lake Street lowering its PT to $16 (buy) and Ascendiant raising its PT to $40 (buy) — leaving a MarketBeat consensus rating of Hold and an average target of $23.67.
• Shares traded higher intraday (~2.5%) while insiders have been sellers: CEO Yuping Huang sold 1,000,000 shares (about $14.41M) and insiders sold ~1,154,649 shares (~$16.8M) in the past 90 days, though insiders still own 19.3% of the company.

Quantum Computing Inc. (NASDAQ:QUBT - Free Report) - Analysts at Cantor Fitzgerald lifted their FY2026 earnings per share (EPS) estimates for shares of Quantum Computing in a research report issued to clients and investors on Tuesday, November 18th. Cantor Fitzgerald analyst T. Jensen now anticipates that the company will post earnings of ($0.19) per share for the year, up from their prior forecast of ($0.33).

Quantum Computing (NASDAQ:QUBT - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The company had revenue of $0.38 million for the quarter, compared to the consensus estimate of $0.12 million.

Several other equities analysts have also issued reports on QUBT. Lake Street Capital lowered their price target on Quantum Computing from $24.00 to $16.00 and set a "buy" rating for the company in a research report on Monday. Ascendiant Capital Markets upped their target price on shares of Quantum Computing from $22.00 to $40.00 and gave the stock a "buy" rating in a research note on Friday, October 3rd. Wall Street Zen downgraded shares of Quantum Computing from a "hold" rating to a "strong sell" rating in a research report on Saturday, August 16th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Quantum Computing in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $23.67.

Quantum Computing Trading Up 2.5%

Quantum Computing stock traded up $0.29 during mid-day trading on Thursday, hitting $11.85. The company had a trading volume of 6,445,221 shares, compared to its average volume of 27,951,918. Quantum Computing has a 12 month low of $4.03 and a 12 month high of $27.15. The company has a market capitalization of $2.66 billion, a PE ratio of -17.46 and a beta of 3.82. The stock's 50 day moving average price is $17.12 and its two-hundred day moving average price is $15.95.

Insider Transactions at Quantum Computing

In other news, CEO Yuping Huang sold 1,000,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $14.41, for a total value of $14,410,000.00. Following the transaction, the chief executive officer owned 21,287,718 shares in the company, valued at $306,756,016.38. This represents a 4.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO Pouya Dianat sold 17,175 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $15.53, for a total transaction of $266,727.75. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,154,649 shares of company stock worth $16,805,481 in the last ninety days. Insiders own 19.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of QUBT. Caitong International Asset Management Co. Ltd bought a new stake in shares of Quantum Computing during the 3rd quarter valued at $160,000. Advisory Services Network LLC bought a new stake in Quantum Computing during the third quarter valued at about $70,000. Camelot Portfolios LLC bought a new stake in Quantum Computing during the third quarter valued at about $390,000. NewEdge Advisors LLC increased its position in Quantum Computing by 43.5% in the third quarter. NewEdge Advisors LLC now owns 5,030 shares of the company's stock worth $93,000 after buying an additional 1,525 shares in the last quarter. Finally, Triumph Capital Management bought a new position in shares of Quantum Computing in the third quarter worth about $45,000. Hedge funds and other institutional investors own 4.26% of the company's stock.

Quantum Computing Company Profile

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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