In the last trading session, 38.59 million Quantum Computing Inc (NASDAQ:QUBT) shares changed hands as the company’s beta touched 3.97. With the company’s per share price at $11.83 changed hands at -$1.04 or -8.08% during last session, the market valuation stood at $1.67B. QUBT’s last price was a discount, traded about -129.5% 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 97.04% up since then.
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
Instantly QUBT was in red as seen at the end of in last trading. With action 30.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -28.52%, with the 5-day performance at 30.00% in the green. However, in the 30-day time frame, Quantum Computing Inc (NASDAQ:QUBT) is 84.56% up.
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 200k. The company’s revenue for the corresponding quarters a year ago was 183k. According to analysts, the company will likely register a growth in its current quarter sales, forecast 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%.
Quantum Computing Inc (NASDAQ:QUBT)’s Major holders
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 $35.53 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 $12.47 million.
