Quantum-Si Incorporated (NASDAQ: QSI) Could Soon Experience A Sharp Increase In Its Share Price.

In the last trading session, 8.62 million shares of the Quantum-Si Incorporated (NASDAQ:QSI) were traded, and its beta was 2.68. Most recently the company’s share price was $1.46, and it changed around $0.05 or 3.19% from the last close, which brings the market valuation of the company to $266.47M. QSI currently trades at a discount to its 52-week high of $5.77, offering almost -295.21% off that amount. The share price’s 52-week low was $0.61, which indicates that the current value has risen by an impressive 58.22% since then. We note from Quantum-Si Incorporated’s average daily trading volume that its 10-day average is 12.64 million shares, with the 3-month average coming to 26.69 million.

Quantum-Si Incorporated stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended QSI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Quantum-Si Incorporated is expected to report earnings per share of -0.14 for the current quarter.

Quantum-Si Incorporated (NASDAQ:QSI) trade information

Instantly QSI has showed a green trend with a performance of 3.19% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.7600 on recent trading dayincreased the stock’s daily price by 17.05%. The company’s shares are currently down -46.11% year-to-date, but still up 6.99% over the last five days. On the other hand, Quantum-Si Incorporated (NASDAQ:QSI) is -23.02% down in the 30-day period. We can see from the shorts that 17.66 million shares have been sold at a short interest cover period of 1.94 day(s).

The consensus price target as assigned by Wall Street analysts is $3.65, which translates to bulls needing to increase their stock price by 60.0% from its current value. Analyst projections state that QSI is forecast to be at a low of $3.65 and a high of $3.65.

Quantum-Si Incorporated (QSI) estimates and forecasts

The year-over-year growth rate is expected to be 150.74%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 962.33k in revenue for the current quarter. 3 analysts expect Quantum-Si Incorporated to make 1.61M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 457k and 622k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 110.58%. Forecasts for the next quarter put sales growth at 159.06%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 43.26%. Quantum-Si Incorporated earnings are expected to increase by 17.84% in 2025, but the outlook is positive 17.64% per year for the next five years.

QSI Dividends

Quantum-Si Incorporated’s next quarterly earnings report is expected to be released on 2025-Mar-02.

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

Upon looking at major shareholders, it appears that insiders hold 14.83% of Quantum-Si Incorporated shares, and 29.05% of them are in the hands of institutional investors. The stock currently has a share float of 34.10%. Quantum-Si Incorporated stock is held by 148.0 institutions, with ARK INVESTMENT MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.7431% of the shares, which is about 12.41 million shares worth $13.03 million.

SUMITOMO MITSUI TRUST HOLDINGS, INC., with 5.5398% or 7.86 million shares worth $8.26 million as of 2024-06-30, holds the second largest percentage of outstanding shares.