$QUBT Skyrockets: Quantum Computing Stock Surges 45% on Neurawave Launch Announcement
Quantum Computing Inc's stock ($QUBT) just pulled a rabbit out of its quantum hat—and Wall Street's scrambling to buy the dip.
The quantum underdog's shares leapt 45% in pre-market trading after dropping plans to launch Neurawave, its next-gen quantum software platform. Move over, IBM—there's a new player in town.
Neurawave promises to harness quantum mechanics for real-world optimization problems. Think logistics, drug discovery, and (of course) cracking blockchain encryption. Because what's a quantum play without threatening Bitcoin's existence?
Analysts remain divided. "This could be the first practical quantum software suite," said one tech fund manager while doubling his position. Skeptics counter that QUBT's market cap still trails its R&D budget—classic quantum stock math.
The launch comes as quantum stocks rebound from their post-2023 "winter." With Neurawave's beta slated for Q1 2026, traders are clearly betting on Schrödinger's growth—both dead and alive until earnings drop.
One hedge fund analyst quipped: "At these valuations, they'd better be simulating a money printer."
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At SC25, attendees will get a live demo of Neurawave, showing how it speeds up AI and fits easily into business systems.
Importantly, the launch comes just after QUBT’s Q3 earnings beat, where revenue jumped 280% year-over-year to $384,000, and the company turned profitable with earnings of $0.01 per share.
Why Neurawave Matters
The system is designed for high-performance computing applications like signal processing, time-series forecasting, and pattern recognition.
Unlike traditional quantum systems that often require cryogenic cooling, Neurawave operates at room temperature, making it practical, scalable, and energy-efficient. Also, it integrates optical computing with digital electronics and uses a standard PCIe interface for easy integration into existing infrastructures.
QUBT’s CEO, Dr. Yuping Huang, said, “The debut of Neurawave is fully aligned with our technology roadmap, which focuses on delivering scalable, high-performance quantum and photonic solutions designed for real-world applications.”
Is QUBT a Strong Buy?
Turning to Wall Street, QUBT stock has a Moderate Buy consensus rating based on two Buys assigned in the last three months. At $28.00, the average Quantum Computing stock price target implies a 145.61% upside potential.
