Quantum Computing Inc (QUBT) Outlook And Short Term Estimates

Quantum Computing Inc (NASDAQ:QUBT) has a beta value of 3.75 and has seen 4.23 million shares traded in the last trading session. The QUBT stock price is -323.56% off its 52-week high price of $27.15 and 94.54% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.75 million shares traded. The 3-month trading volume is 18.98 million shares.

The consensus among analysts is that Quantum Computing Inc (QUBT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.05.

Quantum Computing Inc (NASDAQ:QUBT) trade information

Over the past 30 days, the shares of Quantum Computing Inc (NASDAQ:QUBT) have changed -23.42%. Short interest in the company has seen 23.62 million shares shorted with days to cover at 0.98.

Quantum Computing Inc (QUBT) estimates and forecasts

The company’s shares have gained 800.53% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 302.14%.

1 analysts offering their estimates for the company have set an average revenue estimate of 300k for the current quarter. 1 have an estimated revenue figure of 300k for the next ending quarter. Year-ago sales stood 27.33k and 183k respectively for this quarter and the next, and analysts expect sales will grow by 997.69% for the current quarter and 302.14% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.50% over the past 5 years.

QUBT Dividends

Quantum Computing Inc is expected to release its next earnings report on 2025-Mar-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Quantum Computing Inc (NASDAQ:QUBT)’s Major holders

Insiders own 18.05% of the company shares, while shares held by institutions stand at 16.62% with a share float percentage of 20.28%. Investors are also buoyed by the number of investors in a company, with Quantum Computing Inc having a total of 145.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 2.23 million shares worth more than $1.12 million. As of 2024-06-30, VANGUARD GROUP INC held 2.7036% of shares outstanding.

The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 0.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.31 million and represent 0.6646% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 10.34% shares in the company for having 3.0 shares of worth $19.25 million while later fund manager owns 1.05 shares of worth $6.76 million as of Dec 31, 2024 , which makes it owner of about 3.63% of company’s outstanding stock.