Quantum-Si Incorporated (NASDAQ: QSI): A Competitive Analysis And Growth Prospects

In today’s recent session, 16.52 million shares of the Quantum-Si Incorporated (NASDAQ:QSI) have been traded, and its beta is 3.23. Most recently the company’s share price was $1.79, and it changed around $0.46 or 34.96% from the last close, which brings the market valuation of the company to $283.92M. QSI at last check was trading at a discount to its 52-week high of $2.43, offering almost -35.75% off that amount. The share price’s 52-week low was $0.61, which indicates that the recent value has risen by an impressive 65.92% since then. We note from Quantum-Si Incorporated’s average daily trading volume that its 10-day average is 11.28 million shares, with the 3-month average coming to 6.99 million.

Quantum-Si Incorporated stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended QSI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Quantum-Si Incorporated is expected to report earnings per share of -0.19 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Instantly QSI has been showing a green trend so far today with a performance of 34.96% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.8600 on recent trading dayincreased the stock’s daily price by 3.76%. The company’s shares are currently down -10.70% year-to-date, but still up 57.46% over the last five days. On the other hand, Quantum-Si Incorporated (NASDAQ:QSI) is 98.50% up in the 30-day period. We can see from the shorts that 5.14 million shares have been sold at a short interest cover period of 7.98 day(s).

Quantum-Si Incorporated (QSI) estimates and forecasts

Quantum-Si Incorporated share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 23.79 percent over the past six months and at a 0.00% annual growth rate that is well above the industry average of -2.20%. The year-over-year growth rate is expected to be 189.05%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.29M in revenue for the current quarter. 2 analysts expect Quantum-Si Incorporated to make 1.45M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 400k and 457k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 223.63%. Forecasts for the next quarter put sales growth at 217.29%.

QSI Dividends

Quantum-Si Incorporated’s next quarterly earnings report is expected to be released in January.

Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 19.85% of Quantum-Si Incorporated shares, and 36.04% of them are in the hands of institutional investors. The stock currently has a share float of 44.97%. Quantum-Si Incorporated stock is held by 136.0 institutions, with ARK INVESTMENT MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.7534% of the shares, which is about 12.41 million shares worth $13.03 million.

SUMITOMO MITSUI TRUST HOLDINGS, INC., with 5.5463% or 7.86 million shares worth $8.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Oct 31, 2024. The former held 11.5 shares worth $21.16 million, making up 9.36% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.02 shares worth around $5.55 million, which represents about 2.46% of the total shares outstanding.