Quantum Computing Stock (QUBT): A High-Stakes Gamble Before Q3 Earnings Drop
Quantum Computing Inc. (QUBT) shares are dancing on a quantum superposition of hype and reality ahead of earnings—will investors collapse the wave function into profits or losses?
The Bull Case: Riding the Quantum Hype Train
Wall Street's latest shiny object play gets its moment in the spotlight when QUBT reports Q3 results. Quantum computing remains the ultimate 'story stock'—burning cash today for promised tomorrows where it cracks encryption and revolutionizes drug discovery.
The Bear Trap: Fundamentals Still in Another Dimension
Revenue multiples look like they've been entangled with speculative crypto tokens. The company's last earnings call featured more theoretical physics jargon than concrete financial guidance—never a great sign when you're trading at 30x sales.
The Bottom Line: Schrödinger's Investment Thesis
Until the earnings box is opened, QUBT exists in a state of being both wildly undervalued and absurdly overpriced. Just remember: in quantum finance, the observer always loses money first.
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What to Expect on November 14
Analysts predict that the quantum computing company’s EPS will come in at -$0.06 per share on revenue of around $117k. This is compared to -$0.26 and $61k, respectively, in the previous quarter.
Importantly, in its Q2 earnings call, the New Jersey-based quantum tech firm reported a surprise profit, posting earnings per share (EPS) of $0.11 versus an expected loss of $0.07. Revenue for the quarter came in at just $39,000, well below Wall Street’s estimate of $300,000.
For Friday’s report, investors will focus on how the company executes — progress on chip production, order delivery, and, most importantly, a clear path to steady revenue growth.
Analyst Raises Price Target on QUBT
Last month, Ascendiant analyst Edward WOO raised his price target to $40, up from $22, and maintained a Buy rating on the stock. Woo cited the company’s strong revenue growth as a key factor that could drive share price appreciation through 2025 and 2026.
Woo said that QUBT’s early entry into the fast-growing quantum computing space gives it a good chance to gain market share and benefit from industry growth. He also told investors to watch the company’s new products, adding that successful commercialization could significantly lift revenue in 2025 and beyond.
Is QUBT Stock a Buy, Hold, or Sell?
On TipRanks, QUBT stock has a Moderate Buy consensus rating based on two unanimous Buy ratings. The average Quantum Computing price target of $32 implies 151.97% upside potential from current levels.
