QUBT
Quantum Computing Inc.

Quantum Computing Inc.QUBT

Technology · Computer Hardware
6.33USD
+12.43%
Nov 08, 2026
QUBT overview ready
Supplier of integrated photonic quantum machines and chips for US markets
Developer of room-temperature photonic quantum and reservoir-computing systems, alongside an integrated-photonics foundry, photonic-component, and advanced semiconductor-packaging operation.
Theme not measured
Quantum Computing has no leadership state this session.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash it currently generates.
Fundamentals not measured
Primary risk
Technology development risk due to early-stage quantum hardware.
Market Nov 6Filing Jun 30Price action Nov 7Research Oct 16

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction5.4BusinessPerformance—BusinessQuality—Valuation0.3ThemeMomentum—A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Quantum Computing — Quantum Computing is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Computing & Data Center Infrastructure, reads Lagging (−27.4pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$1.4B
Avg Volume (60D)
7.2M
60 sessions
Revenue Growth YoY
+82.8%
FY2025 vs FY2024
Gross Margin
-18.9%
Trailing twelve months
Operating Margin
-775.5%
Trailing twelve months
Free Cash Flow Yield
-3.6%
Distance from 200DMA
-26.3%
Next Earnings
2026-11-09
P/E
N/M
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthNot enough data
$5.6M
$5.6M in Q2 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthLoss narrowing
-$11.8M
Net income -$11.8M. Per-share figures are not comparable across a large share-count change.
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
-414.6%
No year-ago comparison · gross margin -21.0%

Business Quality

Not assessed

Not assessed yet — the business is too early-stage for its economics to show in filings.

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Quantum Computing Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash it currently generates.

What changed

  • QUBT rose 12.4% in one session
    QUBT closed +12.4% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Developer of room-temperature photonic quantum and reservoir-computing systems, alongside an integrated-photonics foundry, photonic-component, and advanced semiconductor-packaging operation. QUBT has a real, direct exposure to the emerging commercialization of quantum technologies rather than a generic AI adjacency.
Key risk
Technology development risk due to early-stage quantum hardware.

Economic classification

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Business & Markets

Technology · Computer Hardware
What they do

Quantum Computing Inc. develops and manufactures integrated photonics quantum machines and optical chips, serving commercial and government customers primarily in the United States. It operates an integrated-photonics foundry and semiconductor-packaging operation to support its product development.

How it earns

The company generates revenue through sales of quantum machines, photonic chips, and related hardware products.

Products & services
Thin-film lithium niobate chips
Entropy quantum computer (EQC)
Emucore reservoir computing machine
Customers & end markets
Commercial markets
Government markets
Market position

Niche player focused on integrated photonics and room-temperature quantum computing technologies.

Demand drivers
Low cyclicality

Demand driven by specialized commercial and government applications rather than broad consumer cycles.

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