Quantum Computing Inc. (QUBT)

NASDAQ: QUBT · Real-Time Price · USD
3.680
+1.140 (44.88%)
At close: Nov 20, 2024, 4:00 PM
3.770
+0.090 (2.45%)
After-hours: Nov 20, 2024, 7:59 PM EST
44.88%
Market Cap 435.04M
Revenue (ttm) 386,000
Net Income (ttm) -24.15M
Shares Out 118.22M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 103,972,289
Open 2.960
Previous Close 2.540
Day's Range 2.850 - 3.800
52-Week Range 0.355 - 4.690
Beta 1.63
Analysts Strong Buy
Price Target 8.50 (+130.98%)
Earnings Date Nov 6, 2024

About QUBT

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 ... [Read more]

Sector Technology
Founded 2001
Employees 48
Stock Exchange NASDAQ
Ticker Symbol QUBT
Full Company Profile

Financial Performance

In 2023, Quantum Computing's revenue was $358,000, an increase of 163.24% compared to the previous year's $136,000. Losses were -$27.88 million, 3.78% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for QUBT stock is "Strong Buy" and the 12-month stock price forecast is $8.5.

Price Target
$8.5
(130.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Quantum Computing, Inc. Announces Second Purchase Order for TFLN Photonic Chip Foundry from University of Texas at Austin

HOBOKEN, N.J. , Nov. 20, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced...

18 hours ago - PRNewsWire

Quantum Computing: The New High-Risk, High-Reward Gem In My Investment Portfolio

First TFLN photonic chip order from a major Asian institute shows strong signs of early demand for this technology prior to the commissioning of the Arizona foundry. TFLN chips could double data trans...

5 days ago - Seeking Alpha

Quantum Computing, Inc. Announces Registered Direct Offering of $40 Million Priced At-The-Market Under Nasdaq Rules

HOBOKEN, N.J. , Nov. 14, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced...

6 days ago - PRNewsWire

Quantum Computing Inc.'s (QUBT) stock surged, but has one risk

Quantum Computing Inc. (QUBT) stock price went parabolic on Wednesday as it formed a God candle and rose by over 92%. It soared to a high of $3.42, which was its highest level since February 2023.

7 days ago - Invezz

Quantum Computing, Inc. Secures First Order For TFLN Photonic Chip Foundry

HOBOKEN, N.J. , Nov. 13, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced...

7 days ago - PRNewsWire

Quantum Computing Inc. (QUBT) Q3 2024 Shareholder Update Call Transcript

Quantum Computing Inc. (QUBT) Q3 2024 Shareholder Update Call Transcript

14 days ago - Seeking Alpha

Quantum Computing Inc. Reports Third Quarter 2024 Financial Results

HOBOKEN, N.J. , Nov. 6, 2024 /PRNewswire/ -- Quantum Computing Inc.

14 days ago - PRNewsWire

Quantum Computing, Inc. Announces Strategic Partnerships and Pre-Orders Ahead of 2025 Quantum Photonic Chip Foundry Opening

HOBOKEN, N.J. , Oct. 30, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, is pleased to a...

21 days ago - PRNewsWire

Quantum Computing, Inc. to Host Third Quarter 2024 Shareholder Call on Wednesday, November 6, 2024

HOBOKEN, N.J. , Oct. 24, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced...

27 days ago - PRNewsWire

Quantum Computing, Inc. Enters Final Stage of Commissioning Quantum Photonic Chip Foundry in Tempe, Arizona

HOBOKEN, N.J. , Oct. 22, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, is pleased to a...

4 weeks ago - PRNewsWire

Quantum Computing, Inc. Receives Award to Support NASA in Quantum Sensing Solutions for LiDAR Missions

HOBOKEN, N.J., Oct. 17, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced that t...

4 weeks ago - PRNewsWire

Quantum Computing Inc. Reports Second Quarter and First Half 2024 Financial Results

HOBOKEN, N.J. , Oct. 2, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today released f...

7 weeks ago - PRNewsWire

Quantum Computing, Inc. Extends Collaborative Agreement with Los Alamos National Laboratory

HOBOKEN, N.J. , Sept. 30, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced the ...

7 weeks ago - PRNewsWire

Quantum Computing, Inc. Completes Restatement and Files Form 10-K/A for Fiscal Years 2023 and 2022

HOBOKEN, N.J. , Sept. 11, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced that...

2 months ago - PRNewsWire

Quantum Computing Inc. Announces Receipt of Nasdaq Non-Compliance Notice

HOBOKEN, N.J. , Aug. 22, 2024 /PRNewswire/ -- Quantum Computing Inc. (NASDAQ: QUBT) ("QCi" or the "Company"), an innovative quantum optics and nanophotonics technology company, today announced that it...

3 months ago - PRNewsWire

Quantum Computing Inc. Releases Mid-Year Business Update

HOBOKEN, N.J. , Aug. 1, 2024 /PRNewswire/ -- Quantum Computing Inc.  ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today released its Jul...

3 months ago - PRNewsWire

Quantum Computing Inc. Reports First Quarter 2024 Financial Results

HOBOKEN, N.J. , June 11, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today released in an e...

5 months ago - PRNewsWire

QCi Appoints Dr. Javad Shabani to the Board of Directors

HOBOKEN, N.J. , May 1, 2024 /PRNewswire/ -- Quantum Computing Inc. (Nasdaq: QUBT), an innovative quantum optics and nanophononics technology company, today appointed Dr. Javad Shabani to its Board of ...

7 months ago - PRNewsWire

QCi Secures Order for Revolutionary Underwater LiDAR Prototype

HOBOKEN, N.J. , April 23, 2024 /PRNewswire/ -- Quantum Computing, Inc (QCi) (Nasdaq: QUBT), an innovative quantum optics and nanophononics technology company, today revealed the successful sale of its...

7 months ago - PRNewsWire

Quantum Computing Inc. Launches Quantum Optimization Machine

LEESBURG, Va. , Feb. 29, 2024 /PRNewswire/ -- Quantum Computing, Inc (QCi) (Nasdaq: QUBT), an innovative quantum optics and nanophononics technology company, today announced its fully commercialized q...

9 months ago - PRNewsWire

Quantum Computing Inc. Awarded Fourth Subcontract from NASA

LEESBURG, Va. , Feb. 14, 2024 /PRNewswire/ -- Quantum Computing Inc. (QCi), (Nasdaq: QUBT), an innovative quantum optics and nanophononics technology company, today announced that they have been award...

10 months ago - PRNewsWire

Quantum Computing Inc. Board of Directors Appoints Dr. William McGann as the Company's CEO and Co-Founder Robert Liscouski as Chairman of the Board

LEESBURG, Va. , Jan. 31, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative quantum optics and nanophotonics technology company, today anno...

10 months ago - PRNewsWire

Quantum Computing Inc. Congratulates Achievement as its Engineers Receive Prestigious Edison Patent Award for Groundbreaking Quantum Cybersecurity Invention

LEESBURG, Va. , Jan. 18, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative quantum optics and nanophotonics technology company, today prou...

10 months ago - PRNewsWire

Quantum Computing Inc. to Present at the Emerging Growth Conference on January 11, 2024

LEESBURG, Va. , Jan. 5, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, invites in...

11 months ago - PRNewsWire

Quantum Computing Inc. to Present at the Emerging Growth Conference on December 6, 2023

LEESBURG, Va. , Nov. 27, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, invites i...

1 year ago - PRNewsWire