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Quantum Computing Is Skyrocketing Today -- Is the Stock a Buy Right Now?
Yahoo Financeยท 2025-09-19 17:43
Group 1 - Quantum Computing (NASDAQ: QUBT) stock is experiencing a significant surge, with a 25.4% increase in share price as of 1:15 p.m. ET, driven by news of increased U.S. Air Force research in quantum computing and potential executive orders from the Trump administration to accelerate quantum technology development [1][5] - The stock has gained approximately 41% year-to-date and 168% over the past six months, indicating strong performance despite high speculation in the quantum computing sector [3] - Lake Street initiated coverage on Quantum Computing with a buy rating and a one-year price target of $24 per share, suggesting an additional upside of roughly 4% from current levels [2] Group 2 - Quantum Computing is currently valued at over 8,960 times this year's expected sales, highlighting a high-risk valuation profile despite potential explosive sales growth linked to artificial intelligence and cryptography [4] - The recent bullish analyst coverage and government interest in quantum technologies may provide a sustained boost to Quantum Computing stock, making it an attractive option for high-risk investors [5][4]