During the recent session, Quantum Computing Inc (NASDAQ:QUBT)’s traded shares were 4.52 million, with the beta value of the company hitting 3.07. At the last check today, the stock’s price was $7.92, reflecting an intraday loss of -1.12% or -$0.09. The 52-week high for the QUBT share is $27.15, that puts it down -242.8 from that peak though still a striking 95.58% gain since the share price plummeted to a 52-week low of $0.35. The company’s market capitalization is $1.09B, and the average intraday trading volume over the past 10 days was 38.83 million shares, and the average trade volume was 26.75 million shares over the past three months.
Quantum Computing Inc (QUBT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. QUBT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.
Quantum Computing Inc (NASDAQ:QUBT) trade information
Quantum Computing Inc (QUBT) registered a -1.12% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.12% in intraday trading to $7.92, hitting a weekly high. The stock’s 5-day price performance is 7.17%, and it has moved by 15.62% in 30 days. Based on these gigs, the overall price performance for the year is 607.14%. The short interest in Quantum Computing Inc (NASDAQ:QUBT) is 21.2 million shares and it means that shorts have 1.58 day(s) to cover.
Quantum Computing Inc (QUBT) estimates and forecasts
In the rating firms’ projections, revenue will increase 302.14% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 300k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 300k by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 27.33k and 183k respectively. In this case, analysts expect current quarter sales to grow by 997.69% and then jump by 63.93% in the coming quarter.
QUBT Dividends
Quantum Computing Inc is due to release its next quarterly earnings on 2025-Mar-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
Quantum Computing Inc insiders own 19.44% of total outstanding shares while institutional holders control 16.49%, with the float percentage being 20.47%. VANGUARD GROUP INC is the largest shareholder of the company, while 136.0 institutions own stock in it. As of 2024-06-30, the company held over 2.23 million shares (or 2.7036% of all shares), a total value of $1.12 million in shares.
The next largest institutional holding, with 0.62 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 0.7538% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.31 million.
Also, the Mutual Funds coming in first place with the largest holdings of Quantum Computing Inc (QUBT) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 3.0 shares. This amounts to just over 10.34 percent of the company’s overall shares, with a $23.62 million market value. The same data shows that the other fund manager holds slightly less at 1.05, or about 3.63% of the stock, which is worth about $8.29 million.
