Quantum Computing Inc. (QUBT) saw its stock price drop by 5.04% as it crossed below the 5-day SMA, reflecting a challenging market environment.
The company has submitted a bid of approximately $22 million to acquire Luminar Semiconductor, which is expected to close in the current quarter if approved. This acquisition aims to enhance Quantum Computing's asset base and growth potential, despite the company's recent struggles, including a 38% decline in share price over the past year compared to the S&P 500's rise. Analysts from Rosenblatt have initiated coverage with a buy rating and a price target of $22, indicating optimism about the company's future prospects.
The acquisition of Luminar Semiconductor could provide Quantum Computing with new avenues for growth, helping to stabilize its financial performance amid a broader market downturn, as both the Nasdaq-100 and S&P 500 have experienced significant declines.
Wall Street analysts forecast QUBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QUBT is 17.00 USD with a low forecast of 12.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast QUBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QUBT is 17.00 USD with a low forecast of 12.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 11.130
Low
12.00
Averages
17.00
High
25.00
Current: 11.130
Low
12.00
Averages
17.00
High
25.00
Wedbush
Neutral
initiated
$12
2025-12-17
Reason
Wedbush
Price Target
$12
AI Analysis
2025-12-17
initiated
Neutral
Reason
Wedbush initiated coverage of Quantum Computing with a Neutral rating and $12 price target. While quantum computing remains a nascent industry, the firm sees broad commercial adoption as being the next major catalyst. The combination of significant TAM growth, meaningful real-world benefits from optimization, and potential energy efficiencies make quantum a generational investment theme. Though QCI has demonstrated a high degree of technical expertise in the fields of quantum networking and quantum sensing with its photonics-based product portfolio, Wedbush would note that the company has yet to generate meaningful, consistent revenues, and faces competition from other well established private companies that also pursue photonics-based strategies.
Lake Street
Max Michaelis
Buy
downgrade
$24 -> $16
2025-11-17
Reason
Lake Street
Max Michaelis
Price Target
$24 -> $16
2025-11-17
downgrade
Buy
Reason
Lake Street analyst Max Michaelis lowered the firm's price target on Quantum Computing to $16 from $24 and keeps a Buy rating on the shares. While the firm believes shares can work higher as investors better appreciate the company's revenue ramp and continue to look for exposure to this greenfield sector, it is lowering its price target to reflect the broader multiple compression that has occurred in the quantum computing sector.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for QUBT
Unlock Now
Lake Street
initiated
$24
2025-09-18
Reason
Lake Street
Price Target
$24
2025-09-18
initiated
Reason
Lake Street initiated coverage of Quantum Computing with a Buy rating and $24 price target, calling the stock a \"compelling way to participate in the rapidly growing market of quantum computing.\" Broader adoption of quantum computing is still in its early stages, but the firm believes the company is approaching an inflection point where it will see a step function in revenue in 2026 and 2027 as continued technological advancements in the industry and Quantum's first-mover advantage \"create a long runway for growth,\" the analyst tells investors.
Cantor Fitzgerald
Troy Jensen
Neutral
initiated
$15
2025-07-02
Reason
Cantor Fitzgerald
Troy Jensen
Price Target
$15
2025-07-02
initiated
Neutral
Reason
Cantor Fitzgerald analyst Troy Jensen initiated coverage of Quantum Computing with a Neutral rating and $15 price target. Quantum computing is in the early stages but remains one of the most highly coveted technical milestones with significant economical implications, the analyst tells investors in a research note. After the closing of the equity private placement transaction on June 24, Quantum Computing's total cash position is expected to exceed $350M, enabling the company to accelerate commercialization efforts and strategic acquisitions, says the firm.
About QUBT
Quantum Computing Inc. is an integrated quantum optics and nanophotonic technology company. The Company is utilizing integrated photonics and non-linear quantum optics to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging and cybersecurity applications. Its products are designed to operate at room temperature and low power. Its Entropy Quantum Computer is a full-stack system, incorporating the Company’s custom user interface software Qatalyst, which allows users to avoid the complexity of software development kits at the circuit level and has evolved from the Company’s primary Software as a Service offering to the software that powers its offerings. Its Reservoir Computer is a device that uses an integrated circuit that can be reprogrammed after manufacturing and optimized for recurrent neural network applications. Its Quantum Photonic Vibrometer is a proprietary, instrument for remote vibration detection, sensing, and inspection.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
