Quantum Computing (QUBT) Projected to Post Earnings on Thursday

Key Points

• Quantum Computing is set to announce its quarterly earnings on Thursday, August 14th, with analysts predicting earnings of ($0.06) per share and revenue of $0.10 million.
• The company's shares have decreased by 1.1%, trading at $16.28, with a market cap of $2.60 billion and a price-to-earnings ratio of -33.85.
• Recent analyst reports saw Wall Street Zen upgrade the stock from "strong sell" to "hold," while Ascendiant Capital Markets raised their price target from $14.00 to $22.00 with a "buy" rating.

Quantum Computing (NASDAQ:QUBT - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, August 14th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $0.10 million for the quarter.

Quantum Computing (NASDAQ:QUBT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.06) EPS for the quarter, meeting the consensus estimate of ($0.06). The business had revenue of $0.06 million during the quarter, compared to analyst estimates of $0.10 million.

Quantum Computing Stock Performance

Shares of Quantum Computing stock traded down $0.06 during trading hours on Friday, hitting $15.32. The company's stock had a trading volume of 15,962,122 shares, compared to its average volume of 16,263,552. Quantum Computing has a twelve month low of $0.58 and a twelve month high of $27.15. The firm has a fifty day moving average of $17.55 and a 200-day moving average of $11.46. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of -22.53 and a beta of 4.09.

Insider Transactions at Quantum Computing

In related news, insider Yuping Huang sold 500,000 shares of the stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $11.70, for a total transaction of $5,850,000.00. Following the transaction, the insider owned 21,236,906 shares of the company's stock, valued at approximately $248,471,800.20. This represents a 2.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Christopher Boehmler sold 96,679 shares of the stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $15.96, for a total value of $1,542,996.84. Following the transaction, the chief financial officer directly owned 131,060 shares in the company, valued at approximately $2,091,717.60. The trade was a 42.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,059,844 shares of company stock worth $14,685,149 in the last 90 days. Insiders own 19.30% of the company's stock.

Institutional Investors Weigh In On Quantum Computing

A number of hedge funds have recently bought and sold shares of the stock. FWL Investment Management LLC acquired a new stake in Quantum Computing in the 2nd quarter valued at about $33,000. NewEdge Advisors LLC raised its position in Quantum Computing by 121.8% in the 2nd quarter. NewEdge Advisors LLC now owns 3,505 shares of the company's stock valued at $67,000 after purchasing an additional 1,925 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Quantum Computing by 0.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 326,278 shares of the company's stock valued at $2,610,000 after purchasing an additional 2,280 shares in the last quarter. Rhumbline Advisers acquired a new stake in Quantum Computing in the 1st quarter valued at about $28,000. Finally, Raymond James Financial Inc. raised its position in Quantum Computing by 8.9% in the 2nd quarter. Raymond James Financial Inc. now owns 137,488 shares of the company's stock valued at $2,636,000 after purchasing an additional 11,245 shares in the last quarter. Institutional investors and hedge funds own 4.26% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on QUBT. Cantor Fitzgerald began coverage on Quantum Computing in a research note on Wednesday, July 2nd. They issued a "neutral" rating and a $15.00 price target on the stock. Ascendiant Capital Markets upped their price target on Quantum Computing from $14.00 to $22.00 and gave the company a "buy" rating in a research note on Friday, June 6th. Finally, Wall Street Zen raised Quantum Computing from a "strong sell" rating to a "hold" rating in a research note on Thursday, May 22nd.

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.