Zapata Quantum (OTCMKTS:ZPTA – Get Free Report) announced its quarterly earnings results on Monday. The quantum software company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01), Zacks reports.
Zapata Quantum Stock Performance
Shares of ZPTA stock opened at $0.73 on Tuesday. The company’s fifty day moving average price is $0.71 and its 200-day moving average price is $0.84. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.26 and a current ratio of 2.26. Zapata Quantum has a 12 month low of $0.04 and a 12 month high of $2.35.
Wall Street Analysts Forecast Growth
Several analysts have commented on the stock. Zacks Research upgraded shares of Zapata Quantum to a “hold” rating in a report on Monday, October 5th. Chardan Capital initiated coverage on Zapata Quantum in a report on Tuesday, October 13th. They set a “buy” rating and a $1.00 target price on the stock. Finally, Craig Hallum upgraded Zapata Quantum to a “strong-buy” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $1.00.
Check Out Our Latest Report on Zapata Quantum
About Zapata Quantum
Zapata Computing Holdings Inc operates as an industrial generative artificial intelligence (AI) software company in the United States. The company offers subscription-based solutions that combine software and services to develop generative AI applications, as well as accompanying services to solve complex industrial problems. It also provides Zapata AI Sense, a suite of algorithms and complex mathematical models to enhance analytics and other data-driven applications; Zapata AI Prose, a set of generative AI solutions based on large language models for generic chatbot applications; and Orquestra, an industrial generative AI application development platform, which provides sense and prose.
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