Quantum Computing (NASDAQ:QUBT) Upgraded by Rosenblatt Securities to “Strong-Buy” Rating

Rosenblatt Securities upgraded shares of Quantum Computing (NASDAQ:QUBTFree Report) to a strong-buy rating in a research report report published on Wednesday,Zacks.com reports.

A number of other brokerages also recently issued reports on QUBT. Weiss Ratings reiterated a “sell (d-)” rating on shares of Quantum Computing in a research report on Monday, December 29th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $15.00 target price on shares of Quantum Computing in a research note on Thursday, December 18th. Lake Street Capital cut their price target on shares of Quantum Computing from $24.00 to $16.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Wedbush began coverage on shares of Quantum Computing in a research report on Wednesday, December 17th. They set a “neutral” rating and a $12.00 price objective on the stock. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.00.

Read Our Latest Stock Analysis on QUBT

Quantum Computing Price Performance

Shares of NASDAQ:QUBT opened at $12.15 on Wednesday. The firm has a fifty day moving average price of $11.57 and a two-hundred day moving average price of $15.39. The company has a market cap of $2.72 billion, a price-to-earnings ratio of -19.99 and a beta of 3.49. Quantum Computing has a one year low of $4.37 and a one year high of $25.84.

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

Insider Activity

In related news, COO Milan Begliarbekov sold 2,860 shares of the stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $11.85, for a total value of $33,891.00. Following the completion of the transaction, the chief operating officer directly owned 24,240 shares in the company, valued at $287,244. This trade represents a 10.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 19.30% of the stock is currently owned by insiders.

Institutional Trading of Quantum Computing

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

More Quantum Computing News

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

  • Positive Sentiment: Rosenblatt Securities initiated coverage with a “buy”/”strong-buy” stance and set a $22 price target (roughly +80% from the current price), providing a visible bullish analyst catalyst that can support longer-term upside expectations. Rosenblatt Initiates Coverage Benzinga Coverage
  • Neutral Sentiment: Media coverage and analyst roundups (Barron’s, 247WallSt., Zacks) highlight renewed interest in quantum names broadly, which supports sector attention but is not an immediate company-specific fundamental change. Barron’s Article 247WallSt Article Zacks Note
  • Neutral Sentiment: Commentary pieces and a YouTube segment note the stock “stalled despite upgrade,” signaling market hesitance to immediately price in analyst optimism — important context for short-term volatility but not a direct fundamental hit. YouTube Segment
  • Negative Sentiment: Reported insider selling has coincided with recent downward pressure; insider transactions often trigger near-term selling or concern among retail investors. Insider Selling Report
  • Negative Sentiment: A separate report shows a cut in a price target to $16.58 (down ~18.75%), which may have dampened sentiment and offsets some of the Rosenblatt optimism. Price Target Cut

Quantum Computing Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Quantum Computing (NASDAQ:QUBT)

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