A Look At Quantum Computing (QUBT) Valuation After Cash Raise And Luminar Semiconductor Acquisition - simplywall.st

Quantum Computing (QUBT) has moved into the spotlight after raising US$1.25b in cash and agreeing to acquire Luminar Semiconductor for US$110 million, steps that reshape its photonics focused quantum computing ambitions. See our latest analysis for Quantum Computing. Those moves come after a choppy year for the stock, with a recent 1 day share price return of 4.15% and 7 day return of 9.98% contrasting with a 30 day share price decline of 20.07%. Even so, total shareholder return sits at 46.16% over one year and is very large over three years, suggesting momentum has cooled in the short term while longer term holders have still seen strong gains. If this quantum story has your attention, it might be a good moment to see what else is setting up in the space through our 23 quantum computing stocks. With QUBT trading at US$9.04 against an average analyst target of US$18.00, along with fresh cash and the Luminar deal in play, you have to ask whether this is a genuine mispricing or if the market is already factoring in substantial future growth. AdvertisementMost Popular Narrative: 61.8% Undervalued With Quantum Computing last closing at $9.04 and the most followed narrative pointing to a fair value of $23.67, the gap between story and price is wide and worth understanding. Acceleration of AI and data center workloads is driving urgent demand for energy efficient, high speed computing. This is positioning QCi’s room temperature photonic quantum and reservoir computing platforms to scale from small research contracts to larger production deployments, which should expand revenue and support higher gross margins as volumes increase. Read the complete narrative. Want to see what sits behind that confidence in scale, revenue and margins? The narrative leans on aggressive growth, a sharp margin shift and a future earnings profile that only makes sense if those quantum and photonic bets really land. Curious which assumptions have to line up for $23.67 to hold up? The full narrative lays out the numbers step by step. Result: Fair Value of $23.67 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are clear pressure points, including very small current revenue, rising quarterly operating expenses, and the risk that its thin film approach does not win out. Find out about the key risks to this Quantum Computing narrative.

Another Angle On Value The story so far leans heavily on long term earnings forecasts, but the current P/B of 2.3x paints a different picture. That is slightly higher than the US Tech industry at 2.2x, yet much lower than the 12.1x peer average. This points to both potential valuation upside and downside risk, depending on which group you think QUBT should sit closer to. See what the numbers say about this price — find out in our valuation breakdown. NasdaqCM:QUBT P/B Ratio as at Feb 2026 Next Steps After all of this, are you leaning more bullish or cautious on QUBT, and are you ready to move quickly on your own view by weighing its 1 key reward and 4 important warning signs? Looking for more investment ideas? If QUBT has sharpened your focus, do not stop here. Use the screener to line up your next watchlist additions while these ideas are fresh. Spot potential mispricings early by scanning our list of 54 high quality undervalued stocks that pair solid fundamentals with appealing entry prices. Strengthen your income plan by reviewing 15 dividend fortresses, a set of companies offering 5%+ yields with a focus on stability. Hunt for future standouts before they get crowded by checking the screener containing 24 high quality undiscovered gems that combine quality metrics with lower visibility. 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:IONQIonQNYSE:INFQInfleqtionMarket InsightsThree contrarian investing ideas for a new market Stella Ong Alternatives part 2: 2026 and beyond 🔭Richard BowmanDotcom Bubble vs. Now 🫧Stella OngAdvertisementWeekly PicksSTstuart_roberts on Upside Gold · 3 days agoAn Undervalued 3.3Moz Gold Project in CanadaFair Value:CA$5.0775.9% undervalued29 followersusers have followed this narrative·0 commentsusers have commented on this narrative·5 likesusers have liked this narrativeJAJades on Coca-Cola · 4 days agoCoca-Cola’s Enduring Moat in a Health-Conscious World: Steady Compounder Poised for 5-10% Annual Returns Through Emerging Market DominanceFair Value:US$66.221.6% overvalued16 followersusers have followed this narrative·0 commentsusers have commented on this narrative·8 likesusers have liked this narrativeETEthan_cpa on Xero · 4 days agoXero: Growth Was Priced In — Execution Is NotFair Value:AU$101.5618.1% undervalued6 followersusers have followed this narrative·1 commentusers have commented on this narrative·4 likesusers have liked this narrativeKAkabz2342 on Nu Holdings · 5 days agoNu holdings will continue to disrupt the South American banking marketFair Value:US$64.376.6% undervalued38 followersusers have followed this narrative·3 commentsusers have commented on this narrative·22 likesusers have liked this narrativeRecently Updated NarrativesFIfish on Energy One · about 5 hours agoEnergy One (ASX:EOL): Sticky software with improving marginsFair Value:AU$20.123.2% undervalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeFEFelix11 on Circle Internet Group · about 7 hours agoCircle Internet Group: From Crypto Proxy to Rate-Sensitive Financial InfrastructureFair Value:US$35.82143.5% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeUNunknown on Salesforce · about 19 hours agoSalesforce (CRM) The Agentic Pivot: Salesforce Redefines the SaaS EraFair Value:US$25421.5% undervalued4 followersusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativePopular NarrativesDAdavidlsander on Ubisoft Entertainment · 2 days agoIs Ubisoft the Market’s Biggest Pricing Error?

Why Forensic Value Points to €33 Per ShareFair Value:€33.886.7% undervalued66 followersusers have followed this narrative·5 commentsusers have commented on this narrative·28 likesusers have liked this narrativeANAnalystConsensusTarget on Microsoft · 9 days agoAnalyst Commentary Highlights Microsoft AI Momentum and Upward Valuation Amid Growth and Competitive RisksFair Value:US$59632.6% undervalued1297 followersusers have followed this narrative·2 commentsusers have commented on this narrative·10 likesusers have liked this narrativeTATalos on Tesla · 27 days agoThe "Physical AI" Monopoly – A New Industrial RevolutionFair Value:US$665.3638.6% undervalued49 followersusers have followed this narrative·20 commentsusers have commented on this narrative·22 likesusers have liked this narrativeTrending DiscussionUSUser on 1911 Gold · 5 days agoI like the slow ramp up, self funding model. I bought a very small amount and will wait to see what the drill finds.1|0USUser on Carnival Corporation & · 6 days agoGot any thoughts on the next 2 years?1|0RORockeTeller on Rio Silver · 6 days agoyes it is, I bought it. My other silver hold: DSV, ASL, KUYA, BRC, AGAG, AAG, SLVR, BML, GGD, SCZ1|0