Quantum Computing (NASDAQ:QUBT) Trading Up 4.3% – Still a Buy?

Quantum Computing Inc. (NASDAQ:QUBT)’s stock price was up 4.3% during trading on Friday . The company traded as high as $13.20 and last traded at $12.70. Approximately 21,106,347 shares changed hands during trading, an increase of 17% from the average daily volume of 18,037,674 shares. The stock had previously closed at $12.18.

Quantum Computing News Roundup

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 Ratings Changes

A number of brokerages have recently weighed in on QUBT. Wedbush assumed coverage on Quantum Computing in a report on Wednesday, December 17th. They issued a “neutral” rating and a $12.00 price target for the company. Wall Street Zen upgraded shares of Quantum Computing from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Lake Street Capital dropped their target price on shares of Quantum Computing from $24.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, November 17th. Ascendiant Capital Markets reduced their price target on shares of Quantum Computing from $40.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Finally, Rosenblatt Securities initiated coverage on shares of Quantum Computing in a report on Thursday. They issued a “buy” rating and a $22.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Quantum Computing presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Quantum Computing Trading Up 4.3%

The firm’s 50-day simple moving average is $11.57 and its 200 day simple moving average is $15.32. The stock has a market cap of $2.85 billion, a P/E ratio of -20.82 and a beta of 3.49.

Quantum Computing (NASDAQ:QUBT) last issued its quarterly earnings data on Friday, November 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The business had revenue of $0.38 million for the quarter, compared to analyst estimates of $0.12 million.

Insider Activity

In other news, COO Milan Begliarbekov sold 2,860 shares of the firm’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $11.85, for a total transaction of $33,891.00. Following the transaction, the chief operating officer directly owned 24,240 shares of the company’s stock, valued at approximately $287,244. This trade represents a 10.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 19.30% of the company’s stock.

Hedge Funds Weigh In On Quantum Computing

Large investors have recently bought and sold shares of the stock. Alyeska Investment Group L.P. acquired a new position in shares of Quantum Computing during the third quarter valued at approximately $123,014,000. Ghisallo Capital Management LLC bought a new position in Quantum Computing during the 3rd quarter valued at $74,194,000. Vanguard Group Inc. increased its position in shares of Quantum Computing by 23.1% during the 3rd quarter. Vanguard Group Inc. now owns 12,197,605 shares of the company’s stock valued at $224,558,000 after purchasing an additional 2,286,514 shares during the period. Geode Capital Management LLC raised its stake in shares of Quantum Computing by 116.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,630,525 shares of the company’s stock worth $50,433,000 after buying an additional 1,416,928 shares in the last quarter. Finally, Polar Asset Management Partners Inc. boosted its stake in Quantum Computing by 72.3% during the third quarter. Polar Asset Management Partners Inc. now owns 2,686,727 shares of the company’s stock valued at $48,643,000 after buying an additional 1,127,427 shares in the last quarter. Institutional investors and hedge funds own 4.26% of the company’s stock.

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.