Quantum Computing (QUBT) Is Up 6.5% After Luminar Deal, NASA Wins And First Bank Cyber Sale - What's Changed - simplywall.st

In recent months, Quantum Computing Inc. (QCi) raised US$1.25 billion in cash, closed a US$110.0 million acquisition of Luminar Semiconductor, secured contracts with NASA and NIST, completed a quantum photonic chip foundry in Tempe, Arizona, and announced it would report Q4 and full-year 2025 results on March 2, 2026. These moves, alongside the company’s first U.S. commercial sale of quantum cybersecurity solutions to a top-five bank and growing Department of Defense work, highlight QCi’s effort to turn its photonics-focused platform and expanded manufacturing base into broader commercial adoption. We’ll now examine how QCi’s Luminar acquisition and new government and financial-sector contracts may influence its existing investment narrative. AI is about to change healthcare. These 27 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.AdvertisementQuantum Computing Investment Narrative RecapTo own Quantum Computing Inc. today, you need to believe its photonics-first approach and new cash, fabs and contracts can evolve from small, lumpy R&D work into scalable products. The key near term catalyst is whether upcoming Q4 and full year 2025 results, plus early customer traction, show progress toward that shift. The biggest risk remains a cost base that is ramping ahead of proven demand and could widen losses if revenue does not build meaningfully. Among the recent announcements, QCi’s first U.S. commercial sale of quantum cybersecurity solutions to a top five bank stands out. It directly connects the company’s photonic and quantum roadmap to a real paying enterprise customer, and gives a reference point for future financial sector wins. How much this sale, along with NASA and NIST contracts, translates into repeatable revenue is likely to be a focus around the March 2, 2026 earnings call. Yet behind the new contracts and foundry build out, investors should also be aware of the risk that rising operating expenses could outpace revenue growth and... Read the full narrative on Quantum Computing (it's free!)Quantum Computing's narrative projects $17.3 million revenue and $1.1 million earnings by 2028. This implies 216.2% yearly revenue growth and a $69.5 million earnings increase from -$68.4 million today.Uncover how Quantum Computing's forecasts yield a $23.67 fair value, a 181% upside to its current price.Exploring Other PerspectivesQUBT 1-Year Stock Price Chart Some of the lowest estimate analysts were already assuming very fast revenue growth of about 243 percent a year but still no profitability by 2029, which shows just how cautious parts of the market were before this news and why your own view on how quickly contracts convert into earnings really matters.Explore 27 other fair value estimates on Quantum Computing - why the stock might be worth over 2x more than the current price!The Verdict Is YoursDisagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.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.Our free Quantum Computing research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Quantum Computing's overall financial health at a glance.Want Some Alternatives?Our top stock finds are flying under the radar-for now. Get in early:Capitalize on the AI infrastructure supercycle with our selection of the 33 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow.The future of work is here. Discover the 30 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation.We've uncovered the 15 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. 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 · 4 days agoAn Undervalued 3.3Moz Gold Project in CanadaFair Value:CA$5.0775.7% undervalued36 followersusers have followed this narrative·0 commentsusers have commented on this narrative·6 likesusers have liked this narrativeJAJades on Coca-Cola · 5 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$66.223.2% overvalued16 followersusers have followed this narrative·0 commentsusers have commented on this narrative·8 likesusers have liked this narrativeETEthan_cpa on Xero · 5 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 · 6 days agoNu holdings will continue to disrupt the South American banking marketFair Value:US$64.376.7% undervalued42 followersusers have followed this narrative·3 commentsusers have commented on this narrative·24 likesusers have liked this narrativeRecently Updated NarrativesABAbhishekgarg on Pidilite Industries · 7 minutes agoHigh quality compounder, but current valuation leaves limited margin of safety.Fair Value:₹1.23k21.0% overvalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeUNunknown on EchoStar · about 13 hours agoEchoStar Corporation (SATS): The Spectrum Sovereign – Orchestrating the Great Satellite-to-5G PivotFair Value:US$124.297.0% undervalued1 followerusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativeUNunknown on Netflix · about 14 hours agoNetflix (NFLX): The Discipline Play – Capitalizing on Content Scale and Strategic RestraintFair Value:US$111.4313.6% undervalued2 followersusers have followed this narrative·0 commentsusers have commented on this narrative·0 likesusers have liked this narrativePopular NarrativesDAdavidlsander on Ubisoft Entertainment · 3 days agoIs Ubisoft the Market’s Biggest Pricing Error?

Why Forensic Value Points to €33 Per ShareFair Value:€33.887.7% undervalued65 followersusers have followed this narrative·5 commentsusers have commented on this narrative·28 likesusers have liked this narrativeANAnalystConsensusTarget on Microsoft · 10 days agoAnalyst Commentary Highlights Microsoft AI Momentum and Upward Valuation Amid Growth and Competitive RisksFair Value:US$59634.1% undervalued1298 followersusers have followed this narrative·2 commentsusers have commented on this narrative·10 likesusers have liked this narrativeANAnalystConsensusTarget on NVIDIA · 2 months agoNVDA: Expanding AI Demand Will Drive Major Data Center Investments Through 2026Fair Value:US$253.0230.0% undervalued1096 followersusers have followed this narrative·6 commentsusers have commented on this narrative·33 likesusers have liked this narrativeTrending DiscussionUSUser on 1911 Gold · 6 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 Abbott Laboratories · about 19 hours agoI have lost faith in Abbott. Up to 7 people died from their defective Libre 3 sensors I had one). They recalled them monts after they would have been used. Their supoport site has no place to insert comments about the sensor issues.0|0THThunderbolt22 on 1911 Gold · about 20 hours agoYeah, Ive done the same.0|0