QUBT Stock Summary and Trading Ideas (Quantum Computing | NASDAQ:QUBT)

Quantum Computing Inc is an American company utilizing non-linear quantum optics (optical devices whose output due to quantum effects is exponentially, not linearly, related to inputs) to deliver quantum products for high-performance computing applications. QCi's products are designed to operate at room temperature and use low power at an affordable cost. The Company's portfolio of core technology and products offer new capabilities in the areas of high-performance computing, artificial intelligence, cyber security as well as remote sensing applications.

Quantum Computing trades on the NASDAQ stock market under the symbol QUBT.

As of January 30, 2025, QUBT stock price declined to $10.00 with 10,093,136 million shares trading.

QUBT has a beta of 1.29, meaning it tends to be more sensitive to market movements. QUBT has a correlation of 0.01 to the broad based SPY ETF.

QUBT has a market cap of $1.37 billion. This is considered a Small Cap stock.

In the last 3 years, QUBT traded as high as $27.15 and as low as $.35.

The top ETF exchange traded funds that QUBT belongs to (by Net Assets): VTI, VXF, XSW, ITOT, TECB.

QUBT has outperformed the market in the last year with a return of +1002.5%, while the SPY ETF gained +24.6%. In the last 3 month period, QUBT beat the market returning +719.7%, while SPY returned +4.3%. However, in the most recent 2 weeks QUBT has underperformed the stock market by returning -13.4%, while SPY returned +2.1%.

QUBT support price is $8.76 and resistance is $11.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QUBT shares will trade within this expected range on the day.