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Buy QUBT Now: 74% Price Upside Ahead for This Quantum Stock
ZACKS· 2026-06-24 04:01
Key Takeaways QUBT posted record $3.7M first-quarter 2026 revenues, driven by Luminar Semiconductor and NuCrypt buyouts.Quantum Computing ended the quarter with a $16M contract backlog and about $1.4B in cash and investments.QUBT regained its 50-day moving average, while analysts' average price target implies 73.9% upside.Quantum Computing Inc. (QUBT) or QCi has delivered a modest 6.2% gain over the past two months, trailing the broader Computer & Technology sector's 11.8% advance and the company’s direct p ...