Quantum Computing Inc. is a pre-profitability hardware company burning cash at a rate of -931% of revenue, with a quality score of 2.1 out of 10 and a confirmed death cross, but strong analyst upside consensus of 65%, 3 consecutive earnings beats, and volume accumulation signal speculative positioning ahead of potential commercial progress.
Thesis pillars
- Extreme Cash Burn Pre Revenue↑Improving
- Death Cross Hard Block→Stable
- High Short Interest Squeeze Risk→Stable
- +1 more pillar — see the Why tab for full reasoning
Quantum Computing Inc. (QUBT) Stock Analysis
Recovery setup
Technology · Computer Hardware
Sell if holding. Engine safety override at $9.00: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 5.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 32%; Below-average business quality; Below long-term trend.
Quantum Computing Inc. uses integrated photonics to develop room-temperature quantum computers, AI edge devices, and LiDAR products serving defense, computing, and cybersecurity markets. Revenue is pre-scale, derived from hardware sales and cloud access to its EQC optimization... Read more
Sell if holding. Engine safety override at $9.00: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 5.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 32%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 64. Score 5.8/10, moderate confidence.
Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, earnings proximity 87d clear, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.
About Quantum Computing Inc.
About Quantum Computing Inc.
Quantum Computing Inc. completed its thin film lithium niobate (TFLN) chip research and fabrication facility in Tempe, Arizona in March 2025 — enabling in-house production of photonic integrated circuits — and in February 2026 acquired Luminar Semiconductor, Inc., adding 23 issued patents and an in-house III-V photonic semiconductor fabrication facility. The company reported an accumulated deficit of $219.2 million as of December 31, 2025, consistent with its pre-commercial status as a developer of quantum photonic computing and sensing hardware.
QCi generates early-stage revenue from cloud-based and on-premises access to its Entropy Quantum Computer (EQC) optimization machines — the Dirac-3 device launched in Q1 2024, with Dirac-4 in development — foundry services producing custom TFLN optical chips at the AZ Chips Facility, and sales of the Neurawave photonic reservoir computing device launched in November 2025. Through the Luminar acquisition, QCi expanded into commercial photonic semiconductor products including laser diodes, semiconductor optical amplifiers, avalanche photodiodes, and photonic integrated circuits, primarily serving aerospace and defense, sensing and instrumentation, and optical communications markets. QCi competes against IBM, Google, Microsoft, IonQ, Rigetti Computing, PsiQuantum, and D-Wave Quantum, as well as research programs funded by China, Russia, Canada, Australia, the United Kingdom, and the European Union. QCi's EQC architecture operates at room temperature without cryogenic cooling, distinguishing it from superconducting and ion-trap competitors in terms of operational footprint.
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QCi's public cloud infrastructure runs predominantly on Amazon Web Services, creating a single-platform dependency that the 10-K identifies as material — a contractual change with AWS could disrupt customer access to the cloud-based EQC interface and force a service migration. On the physical supply side, certain components are sourced from countries including China; the 10-K discloses that U.S.-China geopolitical deterioration or export controls could cut off key suppliers with little or no warning, and the company states it is actively searching for alternative suppliers outside China without assurance of comparable pricing or timelines.
See also: Technology · Computer Hardware
From Quantum Computing Inc.'s most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-08-15Recent Developments — Quantum Computing Inc.
Latest news
- NEWS Cantor Fitzgerald Maintains Neutral on Quantum Computing, Maintains $10 Price Target — benzinga Aug 11, 2026 neutral
- NEWS Quantum Computing Reports Mixed Q2, Barely Missing EPS Estimate — benzinga Aug 10, 2026 negative
- NEWS Quantum Computing Q2 EPS $(0.05) Misses $(0.04) Estimate, Sales $5.551M Beat $5.152M Estimate — benzinga Aug 10, 2026 neutral
- NEWS Wedbush Assumes Quantum Computing at Neutral, Maintains Price Target of $12 — benzinga Aug 3, 2026 neutral
- NEWS D-Wave Quantum Stock Hits Pause After AT&T Deal Rally — benzinga Jul 28, 2026 negative
Generated 2026-08-15T05:47:17Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMSupplierAmazon Web Services10-K Item 1A: 'These public cloud services are predominantly on Amazon Web Services at the present time'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Hyper-growth tech sacrificing current profitability for scale. Floor tripped because model treats negative margins uniformly; the growth dimension tells the other half of the story.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $9.00: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.8/10 and A.R:R 5.1:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 32%; Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 64. Prior stop was $8.38. Score 5.8/10, moderate confidence.
Take-profit target: $15.95 (+77.0% upside). Prior stop was $8.38. Stop-loss: $8.38.
Quality below floor (2.5 < 4.0).
Quantum Computing Inc. trades at a P/E of N/A (forward -24.8). TrendMatrix value score: 9.0/10. Verdict: Sell.
12 analysts cover QUBT with a consensus score of 3.9/5. Average price target: $18.
What does Quantum Computing Inc. do?Quantum Computing Inc. uses integrated photonics to develop room-temperature quantum computers, AI edge devices, and...
Quantum Computing Inc. uses integrated photonics to develop room-temperature quantum computers, AI edge devices, and LiDAR products serving defense, computing, and cybersecurity markets. Revenue is pre-scale, derived from hardware sales and cloud access to its EQC optimization platform; accumulated deficit reached $219.2 million at December 31, 2025. In February 2026 QCi acquired Luminar Semiconductor, adding photonic chip fabrication capabilities.