QUBT Rallies 2218% in a Year: Is it Still a Buy Amid the Quantum Boom?

Group 1: Company Overview - Quantum Computing Inc. (QUBT) is emerging as a strong early-stage technology contender, driven by strategic facility development, real-world quantum applications, and improved financial positioning [1] - QUBT focuses on immediate, real-world applications of quantum computing, with its Dirac-3 quantum machine adopted by institutions like NASA and the Sanders Tri-Institutional Therapeutics Discovery Institute [2] Group 2: Financial Performance - QUBT reported a 44% year-over-year revenue growth and ended Q1 2025 with $166.4 million in cash, supported by successful capital raises [3] - The company achieved a $17 million net income, boosting equity to $220.8 million, providing flexibility to scale R&D and foundry operations without immediate dilution risk [3] Group 3: Market Position and Comparison - QUBT's stock has surged 2218% in a year, significantly outperforming the industry growth of 49% and the tech sector's rise of 26.4% [6][8] - The average target price indicates a strong near-term upside, with QUBT currently trading 14.6% below its average Zacks price target [10]