Latest news with #QUBT
Yahoo
8 hours ago
- Business
- Yahoo
Why Quantum Computing Inc. (QUBT) Soared On Friday
We recently published a list of . In this article, we are going to take a look at where Quantum Computing Inc. (NASDAQ:QUBT) stands against other Friday's best-performing stocks. Quantum Computing surged by 15.81 percent on Friday to end at $13.70 apiece as investors cheered the company's upgraded rating from an investment firm. In its market note, Ascendiant Capital Markets maintained its 'buy' recommendation on Quantum Computing Inc.'s (NASDAQ:QUBT) stock, while raising its price target to $22 from $14 previously. A data analyst pouring over a chart, the intricacies of its lines being revealed. The new price target represented a 60.6 percent upside from the company's latest closing price. In the first quarter of the year, Quantum Computing Inc. (NASDAQ:QUBT) swung to a net income attributable to shareholders of $16.98 million from a $6.4 million net loss in the same period last year, primarily driven by a $23.6 million non-cash gain on the mark-to-market valuation of the company's warrant liability as a result of its merger with QPhoton in June 2022. Revenues, on the other hand, rose by 44 percent to $39,000 from $27,000 in the same period last year. Overall, QUBTranks 3rd on our list of Friday's best-performing stocks. While we acknowledge the potential of QUBT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Miami Herald
28-05-2025
- Business
- Miami Herald
Analyst flags new quantum computing stocks to buy
Last week, investors took note as a group of unexpected tech stocks started rising steadily. These companies weren't part of the Magnificent 7, a group of tech leaders responsible for most of the sector's growth. In fact, they often fly under most investors' radar. The companies were part of the quantum computing field. This fast-growing market centers around a type of computing that leverages the principles of quantum mechanics, solving complex problems by utilizing quantum bits (qubits) of information at significantly higher speeds than traditional computers. Don't miss the move: Subscribe to TheStreet's free daily newsletter While quantum computing is sometimes overshadowed by artificial intelligence (AI), the industry has been making strides lately, particularly by one company. Its most recent news sent quantum computing stocks surging last week, though the momentum has since cooled. However, one financial expert believes the sector is poised for growth. He recently flagged a few quantum computing stocks as likely winners. When quantum computing stocks are trending, it's often due to updates from D-Wave Quantum (QBTS) . A leader in practical quantum computing, D-Wave has emerged as the industry's leader, rising more than 470% over the past two quarters. Related: Quantum computing stock surges after surprising announcement Wall Street veteran Stephen Guilfoyle, who follows the sector closely, recently highlighted the progress demonstrated both by D-Wave and its peer Quantum Computing (QUBT) , a company that produces photonic hardware solutions for quantum machines. While Guilfoyle admits that he prematurely exited his position in D-Wave, he now sees it as a small-cap stock that is "ripe for the picking" for investors looking to gain exposure to the fast-growing quantum computing industry. While he describes QBTS as being "more ripe" than QUBT, he sees potential in both stocks. Earlier this month, D-Wave reported extremely strong Q1 earnings, setting records for both Generally Accepted Accounting Principles (GAAP) gross profit and quarterly end cash position. Guilfoyle highlighted both companies' earnings progress in a recent analysis, stating: More Wall Street News: Billionaire fund manager dumps Tesla in favor of other tech stockTop analyst sends bold message on S&P 500Billionaire fund manager, skeptical of AI, backs shocking stock The analyst also flags a positive change for D-Wave, stating that its balance sheet had improved and should no longer be considered inferior to Quantum Computing's. While he adds that D-Wave's books include a few longer-term liabilities, he notes that it has adequate cash to address them should the need arise. In his analysis, Guilfoyle is careful to note that by traditional financial standards, both QBTS and QUBT should be considered "grossly overvalued." He notes, though, that capital is still flowing into Palantir Technologies, an AI-focused software producer that is also considered overvalued and is currently up almost 500% for the year. Related: IonQ CEO's strong 4-word message sends stock soaring As TheStreet reported earlier this year, several quantum computing stocks surged late in 2024, leading to speculation that their high valuations could pose problems in the near future. While these companies may be overvalued, Guilfoyle doesn't seem worried about the future of the industry. He still believes that quantum computing is a sector ripe with potential, comparing it to another area of technology that has boomed recently. If he is correct, companies like D-Wave and Quantum Computing are likely well-positioned to help lead the charge as this new frontier of technology continues to mint a new generation of market winners. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
18-05-2025
- Business
- Yahoo
Why Quantum Computing Stock Is Skyrocketing Today
Quantum Computing reported Q1 earnings, showing a net profit. The company completed construction of its Quantum Photonic Chip Foundry in Tempe, Arizona. Quantum computing technology is still in its infancy. 10 stocks we like better than Quantum Computing › Shares of Quantum Computing (NASDAQ: QUBT) are soaring on Friday. The company's stock jumped 34.5% as of 1:32 p.m. ET. The rise comes as the S&P 500 (SNPINDEX: ^GSPC) gained 0.4% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.2%. The quantum computing company reported its Q1 earnings, posting a net profit. Quantum Computing reported Q1 earnings of $17 million, or $0.11 per share, a major jump from the loss of $6.4 million or $0.08 per share in the year-ago period. While investors are rewarding the company's shift to profitability, the quarter is likely an aberration. The company attributed the change to "a $23.6 million noncash gain on the mark-to-market valuation of the Company's warrant liability as a result of our merger with QPhoton in June 2022." In other words, it was a function of accounting, not a material change in its business. There is certainly positive momentum operationally, however. During the quarter, Quantum Computing completed construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, a facility designed to manufacture its specialized photonic chips for quantum computing and communications applications. Interim CEO Dr. Yuping Huang was optimistic, noting the company is "encouraged by our early traction, which is the first step in what we believe is a significant, multiyear opportunity to serve the expanding markets in datacom, telecom, and quantum-enabled applications." While there are positive developments here, quantum computing is many years away from real viability in commercial applications. It will be a long time before any company is able to produce a solution that is robust, powerful, and stable enough to generate a return on investment. Quantum Computing's technology shows promise, but it is too early to tell which approach and which companies will succeed. If you are an investor with a particularly high risk tolerance and the ability to wait a decade or more for your investment to pay off, Quantum Computing is a solid addition to your portfolio, but you should look to spread your quantum investment around to many companies in the space. Before you buy stock in Quantum Computing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Quantum Computing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,275!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,385!* Now, it's worth noting Stock Advisor's total average return is 967% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Quantum Computing Stock Is Skyrocketing Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
12-05-2025
- Business
- Forbes
Buy or Sell Quantum Computing (QUBT) Stock Ahead of Its Upcoming Earnings?
BEIJING, CHINA - MAY 08: 1,000-qubit coherent optical quantum computer is on display at the booth of ... More Beijing QBoson Technology Co., Ltd. during the 27th China Beijing International High-tech Expo at China National Convention Center on May 8, 2025 in Beijing, China. The 27th China Beijing International High-Tech Expo will be held from May 8 to May 11, 2025 in Beijing. (Photo by VCG/VCG via Getty Images) Quantum Computing (NASDAQ:QUBT) is set to report its earnings on Thursday, May 15, 2025. Historically, the stock has shown a tendency for positive one-day returns following earnings releases. An analysis of the past five years reveals that QUBT experienced a positive one-day return in 73% of these instances, with a median positive return of 3.4% and a maximum positive return of 25.5%. For event-driven traders, understanding these historical patterns could offer a potential edge. There are two primary approaches to leverage this: It's crucial to remember that while historical data provides insights, the actual market reaction will heavily depend on how QUBT's reported earnings compare to market expectations. From a fundamental perspective, QUBT currently has a market capitalization of $931 million. Over the last twelve months, the company generated $0.4 million in revenue and experienced operational losses of $26 million, resulting in a net income of -$69 million. That said, if you seek upside with lower volatility than individual stocks, the Trefis High Quality portfolio presents an alternative - having outperformed the S&P 500 and generated returns exceeding 91% since its earnings reaction history of all stocks Some observations on one-day (1D) post-earnings returns: Additional data for observed 5-Day (5D), and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. QUBT 1D, 5D, and 21D Post Earnings Return A relatively less risky strategy (though not useful if the correlation is low) is to understand the correlation between short-term and medium-term returns post earnings, find a pair that has the highest correlation, and execute the appropriate trade. For example, if 1D and 5D show the highest correlation, a trader can position themselves "long" for the next 5 days if 1D post-earnings return is positive. Here is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns. QUBT Correlation Between 1D, 5D and 21D Historical Returns Sometimes, peer performance can have influence on post-earnings stock reaction. In fact, the pricing-in might begin before the earnings are announced. Here is some historical data on the past post-earnings performance of Quantum Computing stock compared with the stock performance of peers that reported earnings just before Quantum Computing. For fair comparison, peer stock returns also represent post-earnings one-day (1D) returns. QUBT Correlation With Peer Earnings Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (combination of all 3, the S&P 500, S&P mid-cap, and Russell 2000), to produce strong returns for investors. Separately, if you want upside with a smoother ride than an individual stock like Quantum Computing, consider the High Quality portfolio, which has outperformed the S&P, and clocked >91% returns since inception.
Associated Press
25-04-2025
- Business
- Associated Press
Deadline Soon: Quantum Computing Inc. (QUBT) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--Apr 25, 2025-- The Law Offices of Frank R. Cruz reminds investors of the upcoming April 28, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Quantum Computing Inc. ('Quantum Computing' or the Company') (NASDAQ: QUBT ) securities between March 30, 2020 and January 15, 2025, inclusive (the 'Class Period'). IF YOU ARE AN INVESTOR WHO LOST MONEY ON QUANTUM COMPUTING (QUBT), CLICKHERETO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT. What Happened? On November 27, 2024, Iceberg Research published a report alleging, among other things, that QCI's statements regarding its thin film lithium niobate ('TFLN') foundry, as well as purchase orders for TFLN quantum computing chips, were a sham. On December 9, 2024, Iceberg Research published another report, stating that the photos that QCI had share of 'what it claim[ed] to be its foundry . . . look[ed] more like a laboratory' and was 'a far cry from a foundry ready for 'mass production.'' On this news, QCI's stock price fell $0.46, or 5.8%, to close at $7.47 per share on December 9, 2024, thereby injuring investors. Then, on January 16, 2025, Capybara Research published a report alleging, among other things, that QCI had overstated its ties to NASA and had fabricated revenues through multiple related-party transactions. The report further alleged that QCI's products were fake, that it was pumping its stock price with false and misleading press releases, and that the Company had never purchased the five-acre parcel at Arizona State University's Research Park for its TFLN foundry, as it had claimed it would. On this news, QCI's stock price fell $1.72, or 14.9%, over two consecutive trading days to close at $9.83 per share on January 17, 2025, thereby injuring investors further. What Is The Lawsuit About? The complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Defendants overstated the capabilities of QCI's quantum computing technologies, products, and/or services; (2) Defendants overstated the scope and nature of QCI's relationship with NASA, as well as the scope and nature of QCI's NASA-related contracts and/or subcontracts; (3) Defendants overstated QCI's progress in developing a TFLN foundry, the scale of the purported TFLN foundry, and orders for the Company's TFLN chips; (4) QCI's business dealings with Quad M Solutions, Inc. and millionways, Inc. both qualified as related party transactions; (5) accordingly, QCI's revenues relied, at least in part, on undisclosed related party transactions; (6) all the foregoing, once revealed, was likely to have a significant negative impact on QCI's business and reputation; and (7) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times. If you purchased or otherwise acquired Quantum Computing securities between March 30, 2020 and January 15, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is April 28, 2025. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us: Frank R. Cruz The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Email us at: [email protected] Call us at: 310-914-5007 Visit our website at Follow us for updates on Twitter: If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on CONTACT: The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz, 310-914-5007 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL SOURCE: The Law Offices of Frank R. Cruz Copyright Business Wire 2025. PUB: 04/25/2025 07:15 PM/DISC: 04/25/2025 07:17 PM
