Cantor Fitzgerald Comments on QUBT FY2025 Earnings

Quantum Computing Inc. (NASDAQ:QUBT) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Quantum Computing in a research report issued on Wednesday, July 2nd. Cantor Fitzgerald analyst T. Jensen expects that the company will earn ($0.07) per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $15.00 target price on the stock. Cantor Fitzgerald also issued estimates for Quantum Computing’s FY2026 earnings at ($0.27) EPS.

Quantum Computing (NASDAQ:QUBT) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.18. The firm had revenue of $0.04 million for the quarter, compared to the consensus estimate of $0.30 million.

A number of other brokerages also recently weighed in on QUBT. Ascendiant Capital Markets raised their price objective on Quantum Computing from $14.00 to $22.00 and gave the company a “buy” rating in a research report on Friday, June 6th. Wall Street Zen raised Quantum Computing from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 22nd.

Quantum Computing Trading Up 0.4%

QUBT opened at $20.74 on Friday. Quantum Computing has a 12-month low of $0.52 and a 12-month high of $27.15. The business’s fifty day simple moving average is $13.49 and its 200-day simple moving average is $10.84. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of -43.21 and a beta of 3.96.

Institutional Investors Weigh In On Quantum Computing

Several institutional investors have recently added to or reduced their stakes in QUBT. Alyeska Investment Group L.P. acquired a new stake in Quantum Computing in the fourth quarter worth about $69,613,000. Anson Funds Management LP acquired a new stake in Quantum Computing in the fourth quarter worth about $70,006,000. Vanguard Group Inc. boosted its holdings in Quantum Computing by 83.6% in the fourth quarter. Vanguard Group Inc. now owns 4,186,729 shares of the company’s stock worth $69,290,000 after acquiring an additional 1,906,749 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Quantum Computing in the first quarter worth about $7,084,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in Quantum Computing in the fourth quarter worth about $13,953,000. Institutional investors and hedge funds own 4.26% of the company’s stock.

Insider Buying and Selling

In related news, Director Javad Shabani sold 39,973 shares of the firm’s stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $11.66, for a total transaction of $466,085.18. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Christopher Boehmler sold 46,440 shares of the firm’s stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $20.00, for a total value of $928,800.00. Following the sale, the chief financial officer directly owned 351,152 shares in the company, valued at approximately $7,023,040. The trade was a 11.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,059,844 shares of company stock worth $14,685,149 in the last three months. 19.30% of the stock is owned by company insiders.

Quantum Computing Company Profile

Quantum Computing Inc, an integrated photonics company, offers accessible and affordable quantum machines. The company offers Dirac systems are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. It also provides Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes; and quantum authentication which eliminates vulnerabilities inherent in classical cryptographic schemes by offering a comprehensive entanglement-based quantum cyber solution that seamlessly integrates into existing telecom fiber and communication infrastructure.