Quantum Computing Inc. (QUBT)

The past six months have seen significant volatility and key developments for QUBT's stock price. QUBT strengthened its balance sheet by raising over $1.5 billion in 2025. The stock has experienced substantial surges and declines. QUBT shares fell after reporting second-quarter results that missed analyst expectations, but reported a 280% year-over-year revenue increase for Q3 2025. The company secured a purchase order from a Top 5 U.S. Bank for its quantum communication system and received new orders from Delft University of Technology and a major global automotive manufacturer. QUBT's stock is highly volatile and has been impacted by broader market sentiment around AI and quantum computing stocks. Insider selling activities have been noted. QUBT was added to the Russell 3000® and Russell 2000® Indexes in June 2025.

The quantum computing market, in which Quantum Computing, Inc. operates, is still in its nascent and emerging stages, and there is no clear or established demand seasonality for QUBT's products and services. The market is characterized by growing but fluctuating interest and early-stage adoption. Much of QUBT's revenue comes from pilot orders with research institutions and government agencies. Management anticipates revenue growth from both its foundry and quantum machine sales, with a focus on expanding industry partnerships and its customer base.

Quantum Computing, Inc. (QUBT) is focused on delivering accessible quantum machines and solutions for real-world industrial applications. The company's core business revolves around quantum optics and nanophotonic technology, providing solutions that operate at room temperature, require low power, and are designed for ease of use. QUBT's major products and capabilities include the Dirac series, a reservoir computer, a Quantum Random Number Generator (uQRNG), LiDAR and Quantum Photonic Vibrometer, Quantum Networks and Quantum Authentication products, and Thin Film Lithium Niobate (TFLN) chips. QUBT aims to make quantum computing accessible and practical for various industries, including finance, security, and government sectors.

Quantum Computing, Inc. primarily provides quantum machines to commercial and government markets in the United States. Its headquarters are located in Hoboken, New Jersey. The company has a significant manufacturing presence with a quantum photonic chip foundry in Tempe, Arizona, which is expected to be operational by the end of March 2025. QUBT has also reported initial shipments to leading research institutions and commercial enterprises in Europe and Asia.

Quantum Computing, Inc.'s brand reputation in the past year has been characterized by a mix of optimism surrounding its technological advancements and scrutiny due to financial performance and market speculation. Positive influences include technological breakthroughs, partnerships, market interest in quantum computing, and inclusion in indexes. Negative influences and scrutiny include financial performance concerns, allegations and investigations, high valuation and speculation, insider selling, and analyst ratings.

The ownership structure of Quantum Computing, Inc. (QUBT) is a mix of institutional, retail, and individual investors. Approximately 1.58% to 43.17% of the company's stock is held by institutional investors. Yuping Huang is the largest individual shareholder, owning 10.21% of the company. Retail investors hold approximately 63.59% of the stock. Insiders own approximately 12.46% to 19.30% of the company's stock.