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Upturn AI Summary - About
Quantum Computing Inc(QUBT)
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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QUBT
10/02/2026: QUBT (3-star) is currently NOT-A-BUY. Pass it for now.
Quantum Computing Inc is a speculative technology company specializing in entropy-based quantum hardware and software solutions aimed at enterprise optimization. Its strengths lie in its hardware-agnostic software, Qatalyst, and the development of proprietary quantum photonic units. The primary investment opportunity rests on the company's ability to achieve commercial traction in niche optimization markets where classical computing struggles. However, investors face substantial risks, including a high cash burn rate, intense competition from well-capitalized tech incumbents, and the inherent uncertainty of quantum technology development. This stock is best suited for risk-tolerant growth investors, and future developments in hardware performance and enterprise contract wins should be monitored closely.
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.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers high-risk, high-reward exposure to the quantum sector, suitable for investors with a high tolerance for uncertainty. |
| Momentum investor | Mixed fit | The stock can exhibit high volatility driven by industry news, making it conditionally relevant for momentum strategies during positive news cycles. |
| Value investor | Weak fit | The company lacks current profitability and established earnings, making it unsuitable for traditional value-oriented frameworks. |
| Dividend investor | Weak fit | The company does not pay a dividend and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | High price volatility and speculative technology development present significant risks inconsistent with low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to significant price swings driven by technical news and market sentiment. |
| Valuation risk | High | Without stable earnings, the company's valuation relies heavily on future growth expectations and speculative potential. |
| Competition risk (AI and Quantum competition) | Medium / high | Well-funded tech giants and pure-play peers pose significant threats to market share and product adoption. |
| Business quality | Medium | While the company has a niche technological focus, it lacks the economies of scale and moat characteristics of mature firms. |
| Dividend income | Low / none | Investors should not expect income generation from this equity. |
| Execution risk | High | Successfully transitioning complex quantum hardware from lab prototypes to scalable commercial products remains a major challenge. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
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 1299.44% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/02/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.85B USD | Price to earnings Ratio - | 1Y Target Price 18.67 |
Price to earnings Ratio - | 1Y Target Price 18.67 | ||
Volume (30-day avg) 7.0M shares | Beta 3.77 | 52 Weeks Range 6.18 - 23.88 | Updated Date 10/02/2026 |
52 Weeks Range 6.18 - 23.88 | Updated Date 10/02/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.04 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Hardware Revenue | Sales and leasing of entropy quantum computing units (Dirac series). | Revenue from selling or renting specialized, advanced hardware. |
| Software Services | Qatalyst platform licensing and optimization consulting services. | Revenue from software access and technical expertise provided to clients. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 1.13B | Price to Sales(TTM) 188.47 |
Enterprise Value 1.13B | Price to Sales(TTM) 188.47 | ||
Enterprise Value to Revenue 114.23 | 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 47.75 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
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.
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