Assessing Quantum Computing (QUBT) Valuation After Rosenblatt Coverage And Luminar Asset Bid - simplywall.st

United States/Tech Hardware/NasdaqCM:QUBTAssessing Quantum Computing (QUBT) Valuation After Rosenblatt Coverage And Luminar Asset BidSimply Wall StReviewed by Simply Wall St January 21, 2026ShareCopy LinkInvestor interest in Quantum Computing (QUBT) has picked up after Rosenblatt Securities began covering the stock and the company moved to acquire additional Luminar Technologies assets, signaling bigger plans in quantum photonics manufacturing. See our latest analysis for Quantum Computing. Those Luminar asset moves and fresh coverage have come against a choppy backdrop, with Quantum Computing’s share price showing a 9.55% 1 month gain but a 19.77% 3 month decline, while the 3 year total shareholder return is very large. This points to momentum that has swung sharply in both directions around news and changing risk appetite. If quantum photonics headlines have caught your eye, it could be a good moment to scan other high growth tech names through high growth tech and AI stocks and see what else fits your watchlist.

With Quantum Computing trading at US$11.93 against a US$18.00 analyst target and a very large 3 year total return after a sharp pullback, you have to ask: is there still a buying opportunity here, or is the market already pricing in future growth? AdvertisementPrice to Book of 3x: Is It Justified? At US$11.93, Quantum Computing trades on a P/B of about 3x, which screens as expensive against the broader US Tech sector but cheaper than its closer peers. P/B compares a company’s market value to its net assets on the balance sheet. It is often used for early stage, unprofitable or asset focused names where earnings based ratios are less useful.

For Quantum Computing, the market is paying more than the sector average for each dollar of book value, while the company is still reporting losses and very small revenue. Against the wider US Tech industry average P/B of 2.3x, Quantum Computing’s 3x multiple sits at a clear premium. This points to the market assigning a higher value to its quantum photonics assets and perceived growth potential. Compared to its immediate peer set though, where the average P/B sits at 13.4x, the company trades at a steep discount. This highlights how differently investors are pricing balance sheet assets across this niche. See what the numbers say about this price — find out in our valuation breakdown. Result: Price to book of 3x (ABOUT RIGHT) However, you still have to weigh a net loss of US$68.355m on just US$0.546m of revenue, along with a recent 19.77% 3‑month share price decline. Find out about the key risks to this Quantum Computing narrative.

Build Your Own Quantum Computing Narrative If you look at the numbers and come to a different conclusion, or simply prefer to test your own assumptions against the data, you can build a full Quantum Computing view in just a few minutes with Do it your way A great starting point for your Quantum Computing research is our analysis highlighting 1 key reward and 4 important warning signs that could impact your investment decision. Looking for more investment ideas?

If Quantum Computing is on your radar, do not stop there. Broaden your watchlist with a few targeted screens that surface very different kinds of opportunities. Spot potential high risk high reward names by scanning these 3530 penny stocks with strong financials that already show stronger balance sheets than many expect at this price range. Zero in on future facing themes by checking these 24 AI penny stocks that tie artificial intelligence to real business models instead of just headlines. Hunt for value focused ideas by reviewing these 872 undervalued stocks based on cash flows that might offer more attractive pricing based on their projected cash flows. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if Quantum Computing might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.comAbout NasdaqCM:QUBTQuantum ComputingAn integrated photonics company, provides quantum machines to commercial and government markets in the United States.See The Free Research ReportFlawless balance sheet with slight risk.See The Free Research ReportSimilar CompaniesNYSE:IONQIonQNasdaqGS:GOOGLAlphabetMarket InsightsWhy Didn’t Oil React to Venezuela? 🇻🇪Stella OngWhich Markets Will Sink or Swim in 2026? 🌍Richard BowmanThree Sectors Expected to Rally in 2026 📈Stella OngAdvertisementWeekly Picksandre_santos on Ferrari · 10 days agoFerrari's Intrinsic and Historical ValuationFair Value:€243.5618.9% overvalued20 followersusers have followed this narrative·0 commentsusers have commented on this narrative·7 likesusers have liked this narrativeTibiT on Costco Wholesale · 24 days agoInvestment Thesis: Costco Wholesale (COST)Fair Value:US$726.2932.8% overvalued23 followersusers have followed this narrative·2 commentsusers have commented on this narrative·9 likesusers have liked this narrativeOOOOO97 on Neo Performance Materials · 19 days agoUndervalued Key Player in Magnets/Rare EarthFair Value:CA$25.3326.3% undervalued52 followersusers have followed this narrative·0 commentsusers have commented on this narrative·15 likesusers have liked this narrativeRecently Updated NarrativesLElexan99 on Intellia Therapeutics · about 9 hours agoPhase 3 HALEO results have a high probability of Success Fair Value:US$173.9992.6% undervalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeRORobbo on Mader Group · about 12 hours agoMader Group (ASX: MAD): Strong Growth, Strong Returns — But at a PriceFair Value:AU$6.7524.9% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeandre_santos on Netflix · about 13 hours agoNetflix - A Fundamental and Historical ValuationFair Value:US$79.399.9% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativePopular NarrativesWEWealthAP on PayPal Holdings · 24 days agoThe "Sleeping Giant" Stumbles, Then Wakes UpFair Value:US$8232.8% undervalued79 followersusers have followed this narrative·6 commentsusers have commented on this narrative·34 likesusers have liked this narrativeANAnalystConsensusTarget on NVIDIA · 25 days agoNVDA: Expanding AI Demand Will Drive Major Data Center Investments Through 2026Fair Value:US$253.0229.6% undervalued1032 followersusers have followed this narrative·6 commentsusers have commented on this narrative·30 likesusers have liked this narrativeOOOOO97 on Neo Performance Materials · 19 days agoUndervalued Key Player in Magnets/Rare EarthFair Value:CA$25.3326.3% undervalued52 followersusers have followed this narrative·0 commentsusers have commented on this narrative·15 likesusers have liked this narrativeTrending DiscussionRORockeTeller on West Red Lake Gold Mines · 2 days agoI'm exiting the positions at great return! WRLG got great competent management. But, 100k oz gold too small in today environment. They might looking for M/A opportunity in the future, or they might get take over by Aris Mining, I don't know. But, Frank Giustra stated he's believed in multi-assets, so that's my speculation. Anyhow, I want to be aggressive in today's gold price. I'm buying Lahontan Gold LG with this as exchange. Higher upside, more leverage. WRLG CEO is BOD's of LG, that's something. This will be my last update on WRLG, good luck!3|0USUser on Boab Metals · about 12 hours agoThanks for this analysis0|0USUser on Lahontan Gold · about 12 hours agoInteresting to see what makes your think their silver project won’t be operational until at least 2030.