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(QUBT) Quantum Computing - Overview

Sector: Technology | Industry: Computer Hardware | Exchange: NASDAQ (USA) | Market Cap: 1.543m USD | Total Return: 1.3% in 12m

Quantum Computers, Lidar, Photonics, Networks, Sensing
Total Rating 13
Safety 31
Buy Signal -0.94
Computer Hardware
Industry Rotation: +2.3
Market Cap: 1.54B
Avg Turnover: 66.0M USD
ATR: 7.94%
Peers RS (IBD): 5.4
Risk 5d forecast
Volatility103%
Rel. Tail Risk-18.0%
Reward TTM
Sharpe Ratio0.38
Alpha1.07
Character TTM
Beta-1.199
Beta Downside-6.941
Drawdowns 3y
Max DD82.40%
CAGR/Max DD0.85
EPS (Earnings per Share) EPS (Earnings per Share) of QUBT over the last years for every Quarter: "2021-03": -0.12, "2021-06": -0.14, "2021-09": -0.16, "2021-12": -0.54, "2022-03": -0.24, "2022-06": -0.17, "2022-09": -0.22, "2022-12": -0.14, "2023-03": -0.14, "2023-06": -0.07, "2023-09": -0.11, "2023-12": -0.1072, "2024-03": -0.08, "2024-06": -0.06, "2024-09": -0.06, "2024-12": -0.4721, "2025-03": -0.0492, "2025-06": -0.26, "2025-09": 0.01, "2025-12": -0.0395, "2026-03": 0,
EPS CAGR: 12.32%
EPS Trend: 24.5%
Last SUE: 0.21
Qual. Beats: 0
Revenue Revenue of QUBT over the last years for every Quarter: 2021-03: 0, 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0.03124, 2022-06: 0.065484, 2022-09: 0.037646, 2022-12: 0.001278, 2023-03: 0.121, 2023-06: 0.112, 2023-09: 0.05, 2023-12: 0.074893, 2024-03: 0.074846, 2024-06: 0.183, 2024-09: 0.101, 2024-12: 0.062, 2025-03: 0.039, 2025-06: 0.061, 2025-09: 0.384, 2025-12: 0.198, 2026-03: null,
Rev. CAGR: 63.63%
Rev. Trend: 48.3%
Last SUE: -1.50
Qual. Beats: 0

Warnings

Share dilution 130.1% YoY - potential capital distress

High Debt/EBITDA (79.9) with thin interest coverage (-105.9)

High Debt while negative Cash Flow

Interest Coverage Ratio -105.9 is critical

Beneish M-Score 1.00 > -1.5 - likely earnings manipulation

Altman Z'' -7.13 < 1.0 - financial distress zone

Volatile

Tailwinds

No distinct edge detected

Description: QUBT Quantum Computing

Quantum Computing Inc. (QUBT) is a US-based company providing quantum machines to commercial and government sectors. The company develops integrated photonics technology, including thin-film lithium niobate chips for optical devices. This technology is foundational for high-speed data processing in various applications.

QUBT is developing an entropy quantum computer, a full-stack system designed to simplify quantum application development through APIs. The quantum computing sector focuses on solving complex computational problems beyond the capabilities of classical computers.

The company also offers a reservoir computer, an edge device optimized for recurrent neural network applications. Edge computing processes data closer to the source, reducing latency and bandwidth usage.

Further offerings include lidar technology for enhanced imaging in challenging environments, a quantum photonic vibrometer for remote vibration detection, and products for quantum networks and authentication. Quantum networking aims to secure communication using quantum mechanics principles. To delve deeper into QUBTs market position, consider exploring its analyst ratings on ValueRay.

Headlines to Watch Out For
  • Government contracts drive quantum machine sales
  • Lithium niobate chip demand boosts component revenue
  • Lidar and vibrometer sales expand product portfolio
  • Quantum computer development costs impact profitability
  • Regulatory changes affect quantum technology adoption
Piotroski VR‑10 (Strict) 0.0
Net Income: -18.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA 12.09 > 1.0
NWC/Revenue: 165k% < 20% (prev 17.7k%; Δ 147k% < -1%)
CFO/TA -0.02 > 3% & CFO -30.3m > Net Income -18.7m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 102.4 > 1.5 & < 3
Outstanding Shares: last quarter (216.1m) vs 12m ago 130.1% < -2%
Gross Margin: -133.1% > 18% (prev -10.88%; Δ -12.2k% > 0.5%)
Asset Turnover: 0.08% > 50% (prev 0.27%; Δ -0.20% > 0%)
Interest Coverage Ratio: -105.9 > 6 (EBITDA TTM -14.0m / Interest Expense TTM 175k)
Altman Z'' -7.13
A: 0.69 (Total Current Assets 1.13b - Total Current Liabilities 11.1m) / Total Assets 1.62b
B: -0.14 (Retained Earnings -219.2m / Total Assets 1.62b)
C: -0.02 (EBIT TTM -18.5m / Avg Total Assets 886.2m)
D: -10.57 (Book Value of Equity -218.2m / Total Liabilities 20.7m)
Altman-Z'' Score: -7.13 = D
Beneish M 1.00
DSRI: 115.9 (Receivables 5.07m/27.0k, Revenue 682k/421k)
GMI: 1.00 (fallback, negative margins)
AQI: 0.69 (AQ_t 0.29 / AQ_t-1 0.42)
SGI: 1.62 (Revenue 682k / 421k)
TATA: 0.01 (NI -18.7m - CFO -30.3m) / TA 1.62b)
Beneish M-Score: 91.78 (Cap -4..+1) = D
What is the price of QUBT shares? As of April 07, 2026, the stock is trading at USD 6.87 with a total of 7,255,500 shares traded.
Over the past week, the price has changed by +8.72%, over one month by -9.74%, over three months by -43.49% and over the past year by +1.33%.
Is QUBT a buy, sell or hold? Quantum Computing has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy QUBT.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the QUBT price?
Analysts Target Price 17.4 153.3%
Quantum Computing (QUBT) - Fundamental Data Overview as of 07 April 2026
P/S = 2261.8442
P/B = 0.9652
Revenue TTM = 682k USD
EBIT TTM = -18.5m USD
EBITDA TTM = -14.0m USD
Long Term Debt = 1.81m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 641k USD (from shortTermDebt, two quarters ago)
Debt = 1.81m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.12b USD (recalculated: Debt 1.81m - CCE 1.12b)
Enterprise Value = 427.1m USD (1.54b + Debt 1.81m - CCE 1.12b)
Interest Coverage Ratio = -105.9 (Ebit TTM -18.5m / Interest Expense TTM 175k)
EV/FCF = -11.55x (Enterprise Value 427.1m / FCF TTM -37.0m)
FCF Yield = -8.66% (FCF TTM -37.0m / Enterprise Value 427.1m)
 FCF Margin = -5.42k% (FCF TTM -37.0m / Revenue TTM 682k)
 Net Margin = -2.74k% (Net Income TTM -18.7m / Revenue TTM 682k)
 Gross Margin = -133.1% ((Revenue TTM 682k - Cost of Revenue TTM 1.59m) / Revenue TTM)
Gross Margin QoQ = -49.49% (prev 32.81%)
Tobins Q-Ratio = 0.26 (Enterprise Value 427.1m / Total Assets 1.62b)
Interest Expense / Debt = 3.04% (Interest Expense 55.0k / Debt 1.81m)
Taxrate = 21.0% (US default 21%)
NOPAT = -14.6m (EBIT -18.5m * (1 - 21.00%)) [loss with tax shield]
 Current Ratio = 102.4 (out of range, set to none) (Total Current Assets 1.13b / Total Current Liabilities 11.1m)
 Debt / Equity = 0.00 (Debt 1.81m / totalStockholderEquity, last quarter 1.60b)
 Debt / EBITDA = 79.94 (negative EBITDA) (Net Debt -1.12b / EBITDA -14.0m)
 Debt / FCF = 30.16 (negative FCF - burning cash) (Net Debt -1.12b / FCF TTM -37.0m)
 Total Stockholder Equity = 773.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.11% (Net Income -18.7m / Total Assets 1.62b)
RoE = -2.42% (Net Income TTM -18.7m / Total Stockholder Equity 773.2m)
RoCE = -2.39% (EBIT -18.5m / Capital Employed (Equity 773.2m + L.T.Debt 1.81m))
 RoIC = -1.89% (negative operating profit) (NOPAT -14.6m / Invested Capital 773.2m)
 WACC = 1.76% (E(1.54b)/V(1.54b) * Re(1.76%) + D(1.81m)/V(1.54b) * Rd(3.04%) * (1-Tc(0.21)))
Discount Rate = 1.76% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 67.02%
 [DCF] Fair Price = unknown (Cash Flow -37.0m)
 EPS Correlation: 24.46 | EPS CAGR: 12.32% | SUE: 0.21 | # QB: 0
Revenue Correlation: 48.33 | Revenue CAGR: 63.63% | SUE: -1.50 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.07 | Chg7d=+0.015 | Chg30d=-0.025 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=-0.26 | Chg7d=+0.055 | Chg30d=-0.075 | Revisions Net=+0 | Growth EPS=+21.3% | Growth Revenue=+3182.8%
EPS next Year (2027-12-31): EPS=-0.30 | Chg7d=+0.110 | Chg30d=-0.300 | Revisions Net=+0 | Growth EPS=-17.6% | Growth Revenue=+49.5%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
External Resources
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