Quantum-Si Incorporated (NASDAQ:QSI) has a beta value of 2.90 and has seen 7.9 million shares traded in the last trading session. The company, currently valued at $302.77M, closed the last trade at $1.65 per share which meant it lost -$0.08 on the day or -4.62%% during that session. The QSI stock price is -249.7% off its 52-week high price of $5.77 and 63.03% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.93 million shares traded. The 3-month trading volume is 6.62 million shares.
Quantum-Si Incorporated (NASDAQ:QSI) trade information
Sporting -4.62%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the QSI stock price touched $1.65 or saw a rise of 7.82%. Year-to-date, Quantum-Si Incorporated shares have moved 25.95%, while the 5-day performance has seen it change -0.60%. Over the past 30 days, the shares of Quantum-Si Incorporated (NASDAQ:QSI) have changed 11.86%. Short interest in the company has seen 24.16 million shares shorted with days to cover at 2.33.
Wall Street analysts have a consensus price target for the stock at $3.65, which means that the shares’ value could jump 54.79% from current levels. The projected low price target is $3.65 while the price target rests at a high of $3.65. In that case, then, we find that the current price level is -121.21% off the targeted high while a plunge would see the stock gain -121.21% from current levels.
Quantum-Si Incorporated (QSI) estimates and forecasts
The company’s shares have gained 20.44% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 75.82%.
3 analysts offering their estimates for the company have set an average revenue estimate of 1.28M for the current quarter. 3 have an estimated revenue figure of 1.64M for the next ending quarter. Year-ago sales stood 622k and 787k respectively for this quarter and the next, and analysts expect sales will grow by 105.14% for the current quarter and 75.82% 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 43.26% over the past 5 years. Earnings growth for 2025 is a modest 20.66% while over the next 5 years, the company’s earnings are expected to increase by 16.05%.
QSI Dividends
Quantum-Si Incorporated is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Quantum-Si Incorporated (NASDAQ:QSI)’s Major holders
Insiders own 13.97% of the company shares, while shares held by institutions stand at 31.63% with a share float percentage of 36.77%. Investors are also buoyed by the number of investors in a company, with Quantum-Si Incorporated having a total of 164.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 12.41 million shares worth more than $13.03 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 8.7431% of shares outstanding.
The other major institutional holder is SUMITOMO MITSUI TRUST HOLDINGS, INC., with the holding of over 7.86 million shares as of 2024-06-30. The firm’s total holdings are worth over $8.26 million and represent 5.5398% of shares outstanding.
