Quantum Computing (NASDAQ:QUBT) Trading Down 2.6% – Here’s What Happened

Quantum Computing Inc. (NASDAQ:QUBT) traded down 2.6% on Thursday . The company traded as low as $12.16 and last traded at $12.18. 23,254,103 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 17,716,184 shares. The stock had previously closed at $12.51.

Key Quantum Computing News

Here are the key news stories impacting Quantum Computing this week:

• Positive Sentiment: Rosenblatt initiated coverage with a Buy/Strong?Buy and set a $22 price target (about 73% upside vs. the current price), providing a notable institutional endorsement that likely spurred demand. Rosenblatt sets $22 PT
• Positive Sentiment: Zacks highlights QUBT’s Fab 1 / Fab 2 manufacturing strategy as a way to reduce fabrication risk, scale photonic-chip output and position the company for commercial-scale quantum adoption — a strategic narrative that supports longer-term revenue potential. How QUBT’s Fab Strategy Could Unlock Commercial-Scale Quantum Adoption
• Positive Sentiment: Major financial press (Barron’s) and other outlets picked up Rosenblatt’s bullish stance on QUBT alongside peers, amplifying visibility and potentially drawing momentum investors. Rigetti and Quantum Computing Stocks Are a Buy
• Neutral Sentiment: Sector roundup pieces reiterate analyst bullishness on quantum/AI?adjacent names (mentioning QUBT among others), which can lift sentiment but is not QUBT?specific catalyst news. Analysts Still Bullish on Nvidia, Dell, and Quantum Computing
• Neutral Sentiment: Retail/coverage commentary (a YouTube “Overlooked Stock” segment) discussed the Rosenblatt initiation; useful for retail visibility but not a direct fundamental catalyst. Overlooked Stock: QUBT Stalls Despite Upgrade
• Negative Sentiment: Recent insider selling was reported and previously pushed the shares lower in intraday trading, a cautionary sign that can pressure sentiment if selling continues. Quantum Computing Trading Down on Insider Selling
• Negative Sentiment: At least one published price target was reduced (reported as an ~18.75% cut to $16.58), a reminder that sell?side views remain mixed and could cap upside until fundamentals or milestones change. QUBT Price Target Decreased

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Cantor Fitzgerald restated a “neutral” rating and issued a $15.00 price objective on shares of Quantum Computing in a research report on Thursday, December 18th. Rosenblatt Securities assumed coverage on shares of Quantum Computing in a research note on Thursday. They issued a “buy” rating and a $22.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Quantum Computing in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Quantum Computing from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Wedbush initiated coverage on Quantum Computing in a research note on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $18.00.

Quantum Computing Trading Up 4.3%

The company has a market cap of $2.85 billion, a P/E ratio of -20.82 and a beta of 3.49. The company’s fifty day moving average is $11.57 and its 200 day moving average is $15.35.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). The business had revenue of $0.38 million for the quarter, compared to analysts’ expectations of $0.12 million.

Insider Transactions at Quantum Computing

In other Quantum Computing news, COO Milan Begliarbekov sold 2,860 shares of Quantum Computing stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total value of $33,891.00. Following the transaction, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at $287,244. The trade was a 10.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in QUBT. Fifth Third Wealth Advisors LLC purchased a new stake in Quantum Computing during the 4th quarter valued at $145,000. Yarbrough Capital LLC raised its stake in shares of Quantum Computing by 449.7% during the fourth quarter. Yarbrough Capital LLC now owns 99,056 shares of the company’s stock valued at $1,016,000 after acquiring an additional 81,037 shares during the last quarter. Hennion & Walsh Asset Management Inc. bought a new position in shares of Quantum Computing during the fourth quarter valued at about $374,000. Exchange Traded Concepts LLC boosted its holdings in shares of Quantum Computing by 178.1% during the fourth quarter. Exchange Traded Concepts LLC now owns 8,330 shares of the company’s stock worth $85,000 after purchasing an additional 5,335 shares during the period. Finally, SeaCrest Wealth Management LLC grew its stake in shares of Quantum Computing by 16.7% in the fourth quarter. SeaCrest Wealth Management LLC now owns 30,528 shares of the company’s stock worth $313,000 after purchasing an additional 4,372 shares during the last quarter. 4.26% of the stock is owned by hedge funds and other institutional investors.

About Quantum Computing

Quantum Computing Inc (NASDAQ: QUBT) is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers.

The company’s flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.