Core Viewpoint - Ascendiant Capital Markets has reiterated a Buy rating on Quantum Computing and raised the price target from $22 to $40 [1] Summary by Category - **Rating and Price Target** - The company maintains a Buy rating for Quantum Computing, indicating strong confidence in its future performance [1] - The price target has been increased significantly from $22 to $40, reflecting a positive outlook on the company's growth potential [1]

Core Viewpoint - Quantum Computing Inc. (QCi) is associated with the growing trend of quantum computing, but its potential as an investment is debated due to various performance and progress issues [1][2]. Company Analysis - QCi focuses on photon-based quantum computing technology, differentiating itself from competitors that are primarily developing ion- and electron-based systems [4]. - Despite multiple announcements regarding partnerships and prototypes, QCi has not demonstrated significant technological progress compared to competitors like Rigetti Computing, which has achieved continuous milestones since its inception [5][11]. - The company reported losses of $36.5 million last quarter and has engaged in dilutive equity raises, including a $200 million private placement in June and a $500 million placement recently, raising concerns about its financial sustainability [6]. Industry Context - The quantum computing sector is gaining momentum, supported by increased efforts from the White House and major tech companies like IBM [8]. - There is a potential for a "quantum computing stock bubble" if the trend continues to gain traction, similar to past bubbles in other tech sectors [9]. - The current environment may allow QCi's stock to rise in the short term, driven by hype rather than fundamentals, despite the risks associated with its lack of progress [7][10].

Core Insights - Quantum Computing Inc. (QUBT) is focusing on long-term growth through its quantum computing systems and thin-film lithium niobate photonic chip foundry, with active participation in trade shows and conferences to engage with potential customers and partners [1][2] Company Developments - QUBT has started shipping products like the Quantum Photonic Vibrometer and entangled photon sources to various sectors, indicating a strong demand for its technology and opening pathways to larger markets such as secure communications and edge AI [2][3] - The new chip foundry in Tempe, AZ, is expected to scale revenues quickly, fulfilling pre-orders and anticipated to contribute financially within 12-18 months [3] - The company ended Q2 with $349 million in cash and equivalents, bolstered by $188 million from a private placement of common stock, enhancing its financial position and visibility through inclusion in the Russell 3000 and Russell 2000 indexes [4][8] Peer Updates - Rigetti Computing (RGTI) is enhancing its position in quantum computing with strategic initiatives and international expansion, including a partnership with India's C-DAC and the launch of a new four-chiplet system [5] - D-Wave Quantum (QBTS) is advancing its capabilities with the launch of Advantage2, its latest annealing quantum computer, and has formed partnerships to promote quantum computing in South Korea, ending Q2 with a significant cash balance of $819.3 million [6][7]

Core Insights - Quantum Computing Inc. has significantly strengthened its balance sheet, transforming it into a growth asset with pro forma cash reaching approximately $824 million, positioning the company among the largest financial reserves in the quantum sector [1] Financial Health - The company has successfully executed back-to-back capital raises, enhancing its liquidity and providing a substantial war chest for future investments and growth initiatives [1] - The strong balance sheet indicates sustainable revenue growth and efficient cash flow management, which are critical for long-term survival in the competitive landscape of quantum computing [1] Market Positioning - Quantum Computing Inc. benefits from a strong technology moat and first-mover advantage, which are essential for capturing market share in high-growth industries [1] - The company is positioned to leverage network effects that can drive exponential growth, further solidifying its competitive edge [1] Investment Strategy - The investment methodology focuses on identifying high-conviction opportunities with a balanced portfolio construction that includes core positions, growth bets, and speculative investments [1] - Emphasis is placed on risk management, ensuring a strong margin of safety while maximizing long-term compounding potential [1]

Core Insights - Quantum Computing Inc. has significantly strengthened its balance sheet, transforming it into a growth asset with pro forma cash reaching approximately $824 million, positioning the company among the largest financial reserves in the quantum sector [1] Financial Health - The company has successfully executed back-to-back capital raises, enhancing its liquidity and providing a substantial war chest for future growth initiatives [1] - The strong balance sheet indicates sustainable revenue growth and efficient cash flow management, which are critical for long-term survival in the competitive landscape [1] Market Positioning - Quantum Computing Inc. benefits from a strong technology moat and first-mover advantage, which are essential for driving exponential growth in high-growth industries [1] - The company is well-positioned to leverage network effects that can enhance its market penetration and competitive positioning [1] Investment Strategy - The investment methodology focuses on identifying high-conviction opportunities with a strong emphasis on smart capital allocation and insider ownership [1] - The portfolio construction strategy includes core positions (50-70%), growth bets (20-40%), and speculative investments (5-10%), allowing for a balanced approach to risk and reward [1]

Core Insights - Quantum Computing Inc. (QCi) is set to showcase its Quantum Secure Solution at the European Conference on Optical Communication (ECOC) 2025, marking a significant advancement in quantum communications [1][2] - The Quantum Secure Solution utilizes high-dimensional time-energy entangled quantum modes, offering enhanced data density, scalability, and noise resilience while operating at room temperature and being compatible with existing telecom infrastructure [2][3] Company Overview - QCi is an innovative company focused on integrated photonics and quantum optics technology, providing accessible and affordable quantum machines designed to operate at room temperature and low power [5] - The company's portfolio includes technologies aimed at high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [5] Technological Significance - The Quantum Secure Solution is designed to secure sensitive data against current and future quantum threats, providing a commercially viable platform for government, telecom, and enterprise networks [3][4] - The technology aims to add layers of privacy and security to enterprise and government operations, addressing increasing cybersecurity threats that can lead to significant economic damages [4]

Quantum Computing Inc. (NASDAQ: QUBT ) has seen its stock go parabolic on the back of pure speculative hype, with slender revenues and little to no commercial traction.Undercovered Deep Insights is led by Moz (Muslim) Farooque, a seasoned market analyst and storyteller whose research has been featured on Seeking Alpha, Yahoo Finance, InvestorPlace, Barchart, Equities, and GuruFocus. Moz combines investigative financial journalism with robust modeling to unearth under‑the‑radar stock and crypto opportunities ...

Some quantum stocks pulled back from all-time highs this week as investors rotated out of speculative names and into more defensive positions. Other quantum names maintained the upward momentum as the sector remained in the spotlight. QBTS stock is climbing. See the real-time chart here. Here's a look at the latest news in the quantum computing sector. Read Next: Cipher Mining Grabs $1.1 Billion for Expansion—Zero Interest, All Growth Power Bullish Coverage Analysts from BofA Securities and B. Riley updated ...

Core Insights - Quantum Computing Inc. (NASDAQ: QUBT) experienced a stock price increase of over 13% in early trading, later stabilizing at a 2% gain [1][3] Group 1: Stock Offering and Demand - QCi announced a $500 million stock offering for private investors, which was oversubscribed, indicating high demand [3] - The average price for the shares sold in the offering was $18.61, while the current trading price exceeds $21 [3] Group 2: Stock Dilution and Financial Health - The stock offering resulted in the issuance of 26.9 million new shares, increasing the total share count from 186.8 million to 213.7 million, leading to a 14.4% dilution for existing shareholders [4] - Despite the dilution, QCi's cash reserves have increased to $850 million, which is expected to sustain the company for years, even with a projected cash burn of $17 million next year [5][6] Group 3: Analyst Sentiment - Current analysts do not predict profitability for QCi in the foreseeable future [5] - The Motley Fool Stock Advisor has identified ten other stocks as better investment opportunities than Quantum Computing [7]

Core Insights - Quantum computing stocks in the US saw significant gains, with Quantum Computing (QUBT.US) rising over 9%, D-Wave Quantum (QBTS.US) increasing nearly 4%, Rigetti Computing (RGTI.US) up over 3%, and SEALSQ Corp (LAES.US) climbing nearly 2% [1] Company Developments - QUBT successfully completed a $500 million private placement of common stock, which significantly enhances the company's financial strength [1] - HSBC partnered with IBM to demonstrate the application of quantum computing in bond trading, improving the technological outlook for the industry [1]