What's Going On With Quantum Computing Stock Today?

Written by Emily J. Thompson, Senior Investment Analyst

QUBT+3.09%

Source: Benzinga

Updated: Jan 07 2025

0mins

Source: Benzinga

Company Milestone: Quantum Computing Inc. has received its third and fourth purchase orders for its thin-film lithium niobate photonic chip, marking a significant step in its growth and expanding its customer base in both research and commercial sectors.
Market Performance: Despite these advancements, QUBT shares are trading lower by 5.71% at $17.06, indicating market challenges even as the company prepares for international expansion and showcases its technology at upcoming events.

QUBT

$12+Infinity%1D

Analyst Views on QUBT

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

2 Buy

2 Hold

0 Sell

Moderate Buy

Current: 11.640

Low

12.00

Averages

17.00

High

25.00

Current: 11.640

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.

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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.