Quantum Computing, Inc. (QUBT)

NASDAQ: QUBT · IEX Real-Time Price · USD
0.760
+0.006 (0.80%)
Apr 26, 2024, 10:20 AM EDT - Market open
0.80%
Market Cap 68.15M
Revenue (ttm) 358,047
Net Income (ttm) -29.73M
Shares Out 91.36M
EPS (ttm) -0.31
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 231,102
Open 0.760
Previous Close 0.754
Day's Range 0.754 - 0.770
52-Week Range 0.634 - 1.810
Beta 1.46
Analysts Strong Buy
Price Target 8.75 (+1,051.32%)
Earnings Date May 9, 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 39
Stock Exchange NASDAQ
Ticker Symbol QUBT
Full Company Profile

Financial Performance

In 2023, QUBT's revenue was $358,047, an increase of 163.95% compared to the previous year's $135,648. Losses were -$29.73 million, -22.96% less 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 $8.75.

Price Target
$8.75
(1,051.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 days 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...

2 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...

2 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...

3 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...

3 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...

4 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...

5 months ago - PRNewsWire

Quantum Computing Inc. to Present at NobleCon19 - Noble Capital Markets' Nineteenth Annual Emerging Growth Equity Conference

LEESBURG, Va. , Nov. 21, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today ann...

5 months ago - PRNewsWire

Quantum Computing Inc. to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference

LEESBURG, Va. , Nov. 15, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today ann...

5 months ago - PRNewsWire

Quantum Computing Inc. Reports Third Quarter and Nine Months 2023 Financial Results

LEESBURG, Va. , Nov. 13, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today ann...

5 months ago - PRNewsWire

Quantum Computing Inc. Achieves Milestone with First Sale of Reservoir Computer and Quantum Random Number Generator

Quantum Computing Inc.'s partners Assured Cyber Protection Ltd and millionways order Reservoir Computers and Quantum Random Number Generator to enhance their AI capabilities. LEESBURG, Va.

6 months ago - PRNewsWire

Quantum Computing Inc. to Present at the Emerging Growth Conference on November 2, 2023

Quantum Computing Inc invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive virtual presentation at the Emerging Growth Conference at 10...

6 months ago - PRNewsWire

Quantum Computing Inc. Federal Subsidiary, QI Solutions, Demonstrates Unprecedented Capability to Detect Landmines Up to 2.5 Feet Below Dense Underground Surface

Successful Field Test Launches Quantum Computing Inc.'s Quantum Sensing Technology into Fight Against Explosive Remnants of War LEESBURG, Va. , Oct. 3, 2023 /PRNewswire/ -- QI Solutions (QIS), a wholl...

7 months ago - PRNewsWire

Quantum Computing Inc. Appoints Dr. Javad Shabani, NYU Director of the Center for Quantum Information Physics, to its Technical Advisory Board

LEESBURG, Va. , Sept. 26, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today announced the a...

7 months ago - PRNewsWire

Quantum Computing Inc. Selects Tempe, Arizona as the Site for its Quantum Photonic Chip Foundry

LEESBURG, Va. , Sept. 21, 2023 /PRNewswire/ -- Quantum Computing Inc.

7 months ago - PRNewsWire

Quantum Computing Inc. Federal Subsidiary, Qi Solutions, Signs Five-Year Overarching Cooperative Research and Development Agreement (OCRADA) with U.S. Special Operations Command (USSOCOM)

LEESBURG, Va. , Sept. 19, 2023 /PRNewswire/ -- QI Solutions, a wholly owned subsidiary of Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), has signed a five-year Cooperative Research an...

7 months ago - PRNewsWire

Quantum Computing Inc. and European-Based Assured Cyber Protection Ltd Enter into Sales and Teaming Agreement

LEESBURG, Va. , Sept. 5, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and nanophotonics technology company, today announced the si...

8 months ago - PRNewsWire

Quantum Computing Inc. Reports Second Quarter and First Half 2023 Financial Results

Quantum Computing Inc. initiates commercialization during first half of 2023 and commenced multiple product launches year-to-date, including: Dirac Series Entropy Quantum computer. Zero-Trust Cyber Se...

9 months ago - PRNewsWire

Quantum Computing Inc. Launches the First Quantum Photonic Vibrometer, Featuring Groundbreaking Capabilities in Detecting Highly Obscured and Non-Line-of-Sight Objects at Great Distances

LEESBURG, Va. , July 19, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ: QUBT), a first-to-market nanophotonic-based quantum technology company, today announced the relea...

10 months ago - PRNewsWire

Quantum Computing Inc. Receives Third NASA Subcontract Award

A Second NASA Research Center Subcontracts Quantum Computing Inc. to Build a Photonic Sensor to Accurately Assess Air Particulates Composition LEESBURG, Va. , July 13, 2023 /PRNewswire/ -- Quantum Com...

10 months ago - PRNewsWire

Quantum Computing Inc. Appoints New Chief Financial Officer

LEESBURG, Va. , June 22, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ: QUBT), a first-to-market nanophotonic-based quantum technology company, is pleased to announce th...

11 months ago - PRNewsWire

Quantum Computing Inc. Launches Its First-in-a-Series of Reservoir Computers, Pioneering a New Era of Affordable and Sustainable AI

QCi Embraces the Advantages of Edge Computing with a First-to-Market Portable Reservoir Computing Device LEESBURG, Va. , June 15, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (...

11 months ago - PRNewsWire

Quantum Computing Inc. Receives Follow-On Subcontract Award to Support NASA to Test and Process Quantum Sensing Solutions for Monitoring Climate Change

LEESBURG, Va. , May 23, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today ...

1 year ago - PRNewsWire

Quantum Computing Inc. Signs Letter of Intent to Acquire Privately Held Artificial Intelligence Platform millionways

LEESBURG, Va. , May 22, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ: QUBT), the first-to-market full-stack photonic-based quantum computing and solutions company, toda...

1 year ago - PRNewsWire

Quantum Computing Inc Announces First Quarter 2023 Financial Results

Quantum Computing Inc. initiates commercialization of its technology during first quarter of 2023 and commenced multiple product launches to date, including: Dirac series entropy quantum computer. Zer...

1 year ago - PRNewsWire