Quantum Computinginc Stock Today

QUBT Stock  USD 0.75  0.01  1.32%   

Performance

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Odds Of Distress

Less than 26

 
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Quantum ComputingInc is selling for under 0.75 as of the 12th of May 2024; that is -1.32% down since the beginning of the trading day. The stock's last reported lowest price was 0.74. Quantum ComputingInc has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Quantum ComputingInc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of April 2024 and ending today, the 12th of May 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
1st of August 2018
Category
Technology
Classification
Information Technology
Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia. Quantum Computing operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. The company has 91.36 M outstanding shares of which 4.02 M shares are at this time shorted by private and institutional investors with about 3.49 trading days to cover. More on Quantum ComputingInc

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Quantum Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Quantum ComputingInc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Quantum ComputingInc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentRobert Liscouski
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Analysts covering Quantum ComputingInc report their recommendations after researching Quantum ComputingInc's financial statements, talking to executives and customers, or listening in on Quantum ComputingInc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Quantum ComputingInc. The Quantum consensus assessment is calculated by taking the average forecast from all of the analysts covering Quantum ComputingInc.
Quantum ComputingInc's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Quantum ComputingInc's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Quantum ComputingInc's financial leverage. It provides some insight into what part of Quantum ComputingInc's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Quantum ComputingInc's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Quantum ComputingInc deploys its capital and how much of that capital is borrowed.
Liquidity
Quantum ComputingInc cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 3.34 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Quantum ComputingInc has a current ratio of 0.95, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Quantum ComputingInc until it has trouble settling it off, either with new capital or with free cash flow. So, Quantum ComputingInc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Quantum ComputingInc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Quantum to invest in growth at high rates of return. When we think about Quantum ComputingInc's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

4.24 Million
Quantum ComputingInc (QUBT) is traded on NASDAQ Exchange in USA. It is located in 5 Marine View Plaza, Hoboken, NJ, United States, 07030 and employs 39 people. Quantum ComputingInc is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 68.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Quantum ComputingInc's market, we take the total number of its shares issued and multiply it by Quantum ComputingInc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Quantum ComputingInc conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 91.36 M outstanding shares of which 4.02 M shares are at this time shorted by private and institutional investors with about 3.49 trading days to cover. Quantum ComputingInc currently holds about 10.38 M in cash with (19.94 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Quantum ComputingInc Probability Of Bankruptcy
Ownership Allocation
Quantum ComputingInc has a total of 91.36 Million outstanding shares. Quantum ComputingInc has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Quantum Ownership Details

Quantum Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Quantum ComputingInc jumping above the current price in 90 days from now is about 82.34%. The Quantum ComputingInc probability density function shows the probability of Quantum ComputingInc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.8687 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Quantum ComputingInc will likely underperform. Additionally, quantum ComputingInc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.75HorizonTargetOdds Above 0.75
17.59%90 days
 0.75 
82.34%
Based on a normal probability distribution, the odds of Quantum ComputingInc to move above the current price in 90 days from now is about 82.34 (This Quantum ComputingInc probability density function shows the probability of Quantum Stock to fall within a particular range of prices over 90 days) .

Quantum Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Quantum ComputingInc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Quantum ComputingInc's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Quantum ComputingInc's value.
InstituionRecorded OnShares
Susquehanna International Group, Llp2023-12-31
26 K
Independence Bank Of Kentucky2024-03-31
25.4 K
Jane Street Group, Llc2023-12-31
25.1 K
Essex Financial Services, Inc.2023-12-31
25 K
Millennium Management Llc2023-12-31
22.1 K
Ubs Group Ag2023-12-31
18.8 K
Tolleson Wealth Management Inc2023-12-31
16 K
Chicago Partners Investment Group Llc2023-12-31
15.7 K
Commonwealth Equity Services Inc2023-12-31
12.6 K
Vanguard Group Inc2023-12-31
1.3 M
Geode Capital Management, Llc2023-12-31
435.5 K
View Quantum ComputingInc Diagnostics

Quantum ComputingInc Historical Income Statement

Quantum ComputingInc Income Statement is one of the three primary financial statements used for reporting Quantum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Quantum ComputingInc revenue and expense. Quantum ComputingInc Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Quantum ComputingInc's Interest Expense is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 15.7 M in 2024, despite the fact that Gross Profit is likely to grow to (13.8 M). View More Fundamentals

Quantum Stock Against Markets

Picking the right benchmark for Quantum ComputingInc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Quantum ComputingInc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Quantum ComputingInc is critical whether you are bullish or bearish towards Quantum ComputingInc at a given time. Please also check how Quantum ComputingInc's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Quantum ComputingInc without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Quantum ComputingInc Corporate Management

Elected by the shareholders, the Quantum ComputingInc's board of directors comprises two types of representatives: Quantum ComputingInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Quantum. The board's role is to monitor Quantum ComputingInc's management team and ensure that shareholders' interests are well served. Quantum ComputingInc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Quantum ComputingInc's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Quantum Stock?

Before investing in Quantum ComputingInc, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Quantum ComputingInc. To buy Quantum ComputingInc stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Quantum ComputingInc. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Quantum ComputingInc stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Quantum ComputingInc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Quantum ComputingInc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Quantum ComputingInc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.

Already Invested in Quantum ComputingInc?

The danger of trading Quantum ComputingInc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Quantum ComputingInc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Quantum ComputingInc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Quantum ComputingInc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Quantum ComputingInc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Quantum Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Quantum Computinginc Stock. Highlighted below are key reports to facilitate an investment decision about Quantum Computinginc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quantum ComputingInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Quantum Stock please use our How to Invest in Quantum ComputingInc guide.
Note that the Quantum ComputingInc information on this page should be used as a complementary analysis to other Quantum ComputingInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Quantum ComputingInc's price analysis, check to measure Quantum ComputingInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quantum ComputingInc is operating at the current time. Most of Quantum ComputingInc's value examination focuses on studying past and present price action to predict the probability of Quantum ComputingInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum ComputingInc's price. Additionally, you may evaluate how the addition of Quantum ComputingInc to your portfolios can decrease your overall portfolio volatility.
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Is Quantum ComputingInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quantum ComputingInc. If investors know Quantum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quantum ComputingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.005
Quarterly Revenue Growth
57.602
Return On Assets
(0.20)
Return On Equity
(0.40)
The market value of Quantum ComputingInc is measured differently than its book value, which is the value of Quantum that is recorded on the company's balance sheet. Investors also form their own opinion of Quantum ComputingInc's value that differs from its market value or its book value, called intrinsic value, which is Quantum ComputingInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quantum ComputingInc's market value can be influenced by many factors that don't directly affect Quantum ComputingInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quantum ComputingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quantum ComputingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quantum ComputingInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.