Ascendiant Capital Markets Forecasts QUBT Q3 Earnings

Posted by Geri Gentry on Sep 1st, 2026

Quantum Computing Inc. (NASDAQ:QUBT – Free Report) – Equities researchers at Ascendiant Capital Markets issued their Q3 2026 EPS estimates for Quantum Computing in a research report issued on Tuesday, August 25th. Ascendiant Capital Markets analyst E. Woo forecasts that the company will earn ($0.07) per share for the quarter. Ascendiant Capital Markets has a “Buy” rating and a $32.00 price target on the stock. The consensus estimate for Quantum Computing’s current full-year earnings is ($0.18) per share. Ascendiant Capital Markets also issued estimates for Quantum Computing’s Q4 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.21) EPS, Q1 2027 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at ($0.08) EPS, Q4 2027 earnings at ($0.06) EPS and FY2027 earnings at ($0.26) EPS.

Quantum Computing (NASDAQ:QUBT – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The business had revenue of $5.55 million for the quarter, compared to analysts’ expectations of $5.15 million.

QUBT has been the subject of a number of other research reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $10.00 price target on shares of Quantum Computing in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum Computing in a research note on Wednesday, June 24th. Lake Street Capital reiterated a “buy” rating on shares of Quantum Computing in a report on Monday, July 6th. Wedbush began coverage on shares of Quantum Computing in a research report on Monday, August 3rd. They issued a “neutral” rating and a $12.00 target price on the stock. Finally, Wall Street Zen downgraded shares of Quantum Computing from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Quantum Computing has an average rating of “Hold” and an average target price of $18.67.

View Our Latest Stock Report on QUBT

Quantum Computing Stock Up 1.0%

QUBT opened at $8.23 on Tuesday. The firm has a market cap of $1.86 billion, a PE ratio of -117.55 and a beta of 3.74. The business has a fifty day simple moving average of $8.62 and a 200-day simple moving average of $8.86. Quantum Computing has a fifty-two week low of $6.18 and a fifty-two week high of $25.84.

Institutional Trading of Quantum Computing

Several hedge funds and other institutional investors have recently modified their holdings of QUBT. International Assets Investment Management LLC purchased a new position in Quantum Computing in the fourth quarter valued at about $26,000. Rhumbline Advisers acquired a new stake in shares of Quantum Computing during the 1st quarter valued at about $28,000. Tucker Asset Management LLC bought a new stake in shares of Quantum Computing in the 4th quarter valued at approximately $29,000. State of Wyoming bought a new stake in shares of Quantum Computing in the 2nd quarter valued at approximately $29,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Quantum Computing in the second quarter worth approximately $29,000. 4.26% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Quantum Computing

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

Positive Sentiment: Ascendiant maintains bullish outlook: Ascendiant Capital Markets reiterated a “Buy” rating and a $32 price target, far above the recent trading level. The firm expects QUBT to remain loss-making but sees a potential long-term opportunity in the company’s quantum, photonics and semiconductor businesses.
Positive Sentiment: Relative advantage versus another quantum stock: A Zacks comparison of QUBT and D-Wave Quantum (QBTS) said both stocks face post-earnings weakness, but cited Quantum Computing’s stronger revenue growth, liquidity and lower valuation as reasons QUBT may be the more attractive investment. QUBT vs. QBTS: Which Quantum Stock Should You Buy or Sell Now?
Neutral Sentiment: Upcoming conference appearance: CEO Yuping Huang and CFO Chris Roberts will hold one-on-one meetings at the Lake Street Capital Markets Best Ideas Growth Conference on September 10. The event could provide investors with updates on strategy, commercialization and financing, but no new operating information was announced. Quantum Computing Inc. To Attend Lake Street Capital Markets 10th Annual Best Ideas Growth Conference
Negative Sentiment: Losses are expected to persist: Ascendiant forecasts losses of $0.07 per share in both the third and fourth quarters of 2026, a $0.21 loss for fiscal 2026 and a larger $0.26 loss for fiscal 2027. Those projections, along with the company’s recent earnings miss, highlight ongoing execution and profitability risks despite the bullish price target.

Quantum Computing Company Profile

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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.