Quantum Computing Inc (NASDAQ:QUBT) price on Wednesday, April 30, fall -2.46% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.74.
A look at the stock’s price movement, the close in the last trading session was $6.91, moving within a range at $6.49 and $6.77. The beta value (5-Year monthly) was 2.999. Turning to its 52-week performance, $27.15 and $0.35 were the 52-week high and 52-week low respectively. Overall, QUBT moved -15.75% over the past month.
Quantum Computing Inc’s market cap currently stands at around $925.03 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-19.
Analysts have a consensus estimate of 100k for the company’s revenue for the quarter, with a low and high estimate of 100k and 100k respectively. The average forecast suggests up to a 265.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 700k, representing a 87.67% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that QUBT is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend QUBT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
QUBT’s current price about -0.24% and -1.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.82, while 7-day volatility ratio is 9.65% and 10.24% in the 30-day chart. Further, Quantum Computing Inc (QUBT) has a beta value of 3.74, and an average true range (ATR) of 0.75.
If we refocus on Quantum Computing Inc (NASDAQ:QUBT), historical trading data shows that trading volumes averaged 7.56 over the past 10 days and 16.54 million over the past 3 months. The company’s latest data on shares outstanding shows there are 129.01 million shares.
The 18.27% of Quantum Computing Inc’s shares are in the hands of company insiders while institutional holders own 16.76% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 20.77 million on 2025-04-15, giving us a short ratio of 0.89. The data shows that as of 2025-04-15 short interest in Quantum Computing Inc (QUBT) stood at 1843.0 of shares outstanding, with shares short falling to 21.2 million registered in 2025-03-14. Current price change has pushed the stock -59.27% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the QUBT stock continues to rise going into the next quarter.
