Quantum Computing (NASDAQ:QUBT) Trading 4.3% Higher – Here’s Why

Quantum Computing Inc. (NASDAQ:QUBT) shares rose 4.3% during trading on Friday . The stock traded as high as $13.20 and last traded at $12.70. Approximately 21,106,347 shares were traded during mid-day trading, an increase of 17% from the average daily volume of 18,037,674 shares. The stock had previously closed at $12.18.

Key Stories Impacting Quantum Computing

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

Wall Street Analyst Weigh In

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

Quantum Computing Price Performance

The firm has a 50-day simple moving average of $11.57 and a 200 day simple moving average of $15.39. The company has a market capitalization of $2.85 billion, a PE ratio of -20.82 and a beta of 3.49.

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

Insider Buying and Selling

In other Quantum Computing news, COO Milan Begliarbekov sold 2,860 shares of the stock in a transaction on Wednesday, January 7th. The shares were 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 in the company, valued at $287,244. This represents a 10.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 19.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Quantum Computing

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

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.