Quantum Computing Inc logo

Quantum Computing Inc(QUBT)

upturn advisory logo
ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$8.96
09/21/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close

Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for QUBT

09/21/2026: QUBT (3-star) is currently NOT-A-BUY. Pass it for now.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit 1495.38%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/21/2026

Upturn Scorecard

Upturn Star Rating

QUBT receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

QUBT has moderate overall fundamentals (3 stars), with soft financial health, solid growth momentum, and strong ownership. In FY2025 versus FY2024, strong earnings growth (+72.8%) and strong revenue growth (+82.8%) are partially offset by soft cash generation (FCF margin -5422.9%), soft profitability (net margin -2738.1%).

Financial Health Rating

QUBT's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 69.3%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

Revenue growth is QUBT's strongest growth driver at +82.8% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+72.8%, strong) is also strong, while free-cash-flow growth (-66.2%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 47.7% and approximately 88.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 12.16% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.13%
Vanguard Capital Management, LLC 3.87%
Vanguard Portfolio Management, LLC 2.96%
Geode Capital Management, LLC 2.08%
State Street Corp 2.00%

Unit Economics (Per $1K Revenue)

QUBT generates approximately $98 of gross profit, $-74,893 of operating income, and $-54,229 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 0.00%

Quantitative Style Profile

QUBT has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.03B USD
Price to earnings Ratio -
1Y Target Price 18.67
Price to earnings Ratio -
1Y Target Price 18.67
Volume (30-day avg) 7.1M shares
Beta 3.77
52 Weeks Range 6.18 - 25.84
Updated Date 09/21/2026
52 Weeks Range 6.18 - 25.84
Updated Date 09/21/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.04

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Advertisement

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1.04B
Price to Sales(TTM) 206.44
Enterprise Value 1.04B
Price to Sales(TTM) 206.44
Enterprise Value to Revenue 105.47
Enterprise Value to EBITDA -3.73
Shares Outstanding 226.35M
Shares Floating 200.64M
Shares Outstanding 226.35M
Shares Floating 200.64M
Percent Insiders 12.16
Percent Institutions 47.66

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Quantum Computing Inc

Exchange NASDAQ
Headquarters Hoboken, NJ, United States
IPO Launch date 2018-08-01
CEO, President & Chairman Dr. Yuping Huang Ph.D.
Sector Technology
Industry Computer Hardware
Full time employees 72
Full time employees 72

Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States. The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets. It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems. In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products. The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.