Quantum-Si (NASDAQ:QSI) Shares Down 1.3% - What's Next?

Key Points

• Quantum-Si shares fell 1.3% to approximately $0.75 on Wednesday, with trading volume down 45% from its average. The company has a market capitalization of about $164 million and a high beta of 3.25.
• Analyst sentiment remains mixed, with one Buy, one Hold, and one Sell rating; the consensus rating is Hold with a $1.00 price target.
• Quantum-Si reported a quarterly loss of $0.11 per share, in line with estimates, while revenue of $340,000 exceeded expectations. Institutional investors own 39.9% of the stock, and several firms recently initiated or increased positions.

Quantum-Si Incorporated (NASDAQ:QSI - Get Free Report)'s stock price traded down 1.3% on Wednesday . The stock traded as low as $0.7460 and last traded at $0.75. Approximately 1,441,517 shares changed hands during trading, a decline of 45% from the average daily volume of 2,631,122 shares. The stock had previously closed at $0.76.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Alliance Global Partners restated a "buy" rating on shares of Quantum-Si in a research report on Friday, August 14th. Weiss Ratings upgraded shares of Quantum-Si from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $1.00.

Quantum-Si Price Performance

The business's 50-day moving average price is $0.80 and its two-hundred day moving average price is $0.89. The company has a market capitalization of $164.16 million, a P/E ratio of -1.63 and a beta of 3.25.

Quantum-Si (NASDAQ:QSI - Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.11) EPS for the quarter, meeting analysts' consensus estimates of ($0.11). The business had revenue of $0.34 million during the quarter, compared to analysts' expectations of $0.30 million. Quantum-Si had a negative net margin of 6,138.26% and a negative return on equity of 47.12%. Research analysts expect that Quantum-Si Incorporated will post -0.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Quantum-Si

Several large investors have recently modified their holdings of QSI. Prudential Financial Inc. bought a new position in shares of Quantum-Si during the 2nd quarter valued at about $25,000. Cerity Partners LLC bought a new stake in Quantum-Si during the 2nd quarter worth approximately $29,000. Leonteq Securities AG bought a new stake in Quantum-Si during the 4th quarter worth approximately $28,000. BNP Paribas Financial Markets raised its holdings in Quantum-Si by 101.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 30,464 shares of the company's stock worth $43,000 after buying an additional 15,331 shares during the period. Finally, IPG Investment Advisors LLC acquired a new stake in Quantum-Si during the 2nd quarter worth approximately $27,000. 39.90% of the stock is currently owned by institutional investors.

About Quantum-Si

Quantum-Si Inc is a life sciences instrumentation company headquartered in Guilford, Connecticut, developing next-generation proteomics solutions based on semiconductor sequencing technology. The company’s core offering centers on a proprietary single-molecule protein sequencing platform that uses a silicon-based sensor chip to convert protein data into digital signals. This approach is designed to deliver high sensitivity, single-amino-acid resolution and deep proteome coverage while potentially reducing cost and complexity compared to traditional mass spectrometry methods.

Quantum-Si’s product roadmap includes the development and commercialization of an integrated system comprising instruments, consumable reagents and proprietary data analysis software.

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