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→Stable
- Death Cross Hard Block↑Improving
- High Short Interest Squeeze Risk↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Mar 2, 2026
Quantum Computing Inc. (QUBT) Stock Analysis
Recovery setup · Catalyst-Driven edge
Technology · Computer Hardware
Sell if holding. Engine safety override at $6.91: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 11.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 35%; Elevated put/call ratio: 1.82; Below-average business quality.
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 $6.91: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 11.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 35%; Elevated put/call ratio: 1.82; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 42. Score 5.7/10, moderate confidence.
Passes 6/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on death cross (50MA < 200MA). 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.
Show full overview
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 2026-10-29Recent Developments — Quantum Computing Inc.
Latest news
- NEWS Quantum Computing Inc. to Host Third Quarter 2026 Financial Results and Company Update Call — fiscal.ai Oct 26, 2026 neutral
- NEWS INmune Bio And Quantum Computing Inc. Partner To Use Quantum AI To Identify New Treatment Applications For Alzheimer’s D — benzinga Oct 14, 2026 positive
- NEWS Quantum Computing Launches Dirac-3S Quantum Optimizing Machine — benzinga Oct 1, 2026 positive
- NEWS Quantum Stocks Catch a Bid After IonQ Shows Real-Time Error Correction — benzinga Sep 23, 2026 positive
- NEWS Trump Admin Launches $215M Quantum Competition: IonQ, D-Wave, Rigetti Take Notice — benzinga Sep 18, 2026 positive
Generated 2026-10-29T11:53:51Z.
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. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Volatile — 5.7% daily ATR makes tight stops impractical. Position-size conservatively.static
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
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $6.91: Quality below floor (2.5 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.7/10 and A.R:R 11.2:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 35%; Elevated put/call ratio: 1.82; Below-average business quality. Chart setup: Death cross but MACD improving, RSI 42. Prior stop was $6.43. Score 5.7/10, moderate confidence.
Analyst target: $16.24 (+135.0% upside). Prior stop was $6.43. Stop-loss: $6.43.
Quality below floor (2.5 < 4.0).
Quantum Computing Inc. trades at a P/E of N/A (forward -29.2). TrendMatrix value score: 9.0/10. Verdict: Sell.
12 analysts cover QUBT with a consensus score of 3.9/5. Average price target: $19.
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.