Chardan Capital assumed coverage on shares of Zapata Quantum (OTCMKTS:ZPTA – Free Report) in a report published on Tuesday, MarketBeat.com reports. The firm issued a buy rating and a $1.00 price target on the quantum software company’s stock.
Other analysts also recently issued reports about the stock. Zacks Research raised shares of Zapata Quantum to a “hold” rating in a report on Monday, October 5th. Craig Hallum raised shares of Zapata Quantum to a “strong-buy” rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $1.00.
Check Out Our Latest Stock Analysis on Zapata Quantum
Zapata Quantum Trading Down 2.4%
Shares of OTCMKTS:ZPTA opened at $0.53 on Tuesday. Zapata Quantum has a 12-month low of $0.04 and a 12-month high of $2.35. The company has a market capitalization of $99.28 million, a PE ratio of -26.50 and a beta of 20.94. The business has a 50 day moving average of $0.75 and a two-hundred day moving average of $0.84. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 1.48.
Zapata Quantum (OTCMKTS:ZPTA – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The quantum software company reported ($0.01) EPS for the quarter. As a group, analysts forecast that Zapata Quantum will post -0.03 EPS for the current year.
Zapata Quantum Company Profile
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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