In the last trading session, 8.23 million Quantum Computing Inc (NASDAQ:QUBT) shares changed hands as the company’s beta touched 3.74. With the company’s per share price at $7.13 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $978.55M. QUBT’s last price was a discount, traded about -280.79% off its 52-week high of $27.15. The share price had its 52-week low at $0.35, which suggests the last value was 95.09% up since then. When we look at Quantum Computing Inc’s average trading volume, we note the 10-day average is 8.11 million shares, with the 3-month average coming to 16.70 million.
Analysts gave the Quantum Computing Inc (QUBT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended QUBT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Quantum Computing Inc’s EPS for the current quarter is expected to be -0.07.
Quantum Computing Inc (NASDAQ:QUBT) trade information
The company’s shares are showing year-to-date downside of -56.92%, with the 5-day performance at 21.47% in the green. However, in the 30-day time frame, Quantum Computing Inc (NASDAQ:QUBT) is -10.20% down. Looking at the short shares, we see there were 20.77 million shares sold at short interest cover period of 0.89 days.
Quantum Computing Inc (QUBT) estimates and forecasts
Year-over-year growth is forecast to reach 87.67% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 100k. 1 analysts are of the opinion that Quantum Computing Inc’s revenue for the current quarter will be 100k. The company’s revenue for the corresponding quarters a year ago was 27.33k and 183k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 265.90%. The estimates for the next quarter sales put growth at -45.36%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.50%. The 2025 estimates are for Quantum Computing Inc earnings to increase by 64.38%.
QUBT Dividends
Quantum Computing Inc is expected to release its next quarterly earnings report on 2025-Mar-19.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 18.05% of Quantum Computing Inc shares while 16.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.31%. There are 16.64% institutions holding the Quantum Computing Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.3836% of the shares, roughly 2.23 million QUBT shares worth $1.12 million.
GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.6646% or 0.62 million shares worth $0.31 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 3.0 shares estimated at $21.41 million under it, the former controlled 10.34% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 3.63% of the shares, roughly 1.05 shares worth around $7.51 million.
