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Wall Street Zen Downgrades Quantum Computing (NASDAQ:QUBT) to Sell - MarketBeat

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⚡ Quantum Brief
Wall Street Zen downgraded quantum computing firm QUBT from "hold" to "sell," contrasting the broader analyst consensus of "hold" with a $17 average target. The stock opened at $7.60, far below its 52-week high of $25.84. QUBT remains unprofitable (P/E -50.67) and trades below its 200-day moving average, despite narrowly beating EPS estimates last quarter ($0.01 loss vs. $0.04 expected). Revenue missed projections at $0.20M versus $0.39M forecast. Analyst targets vary widely: Rosenblatt maintains a $22 "buy," while Cantor Fitzgerald cut its target to $10 "neutral." Ascendiant slashed its outlook from $40 to $25 but kept a "buy" rating. Insiders hold 19.3% of shares, with the COO recently selling 2,860 shares at $11.85. Institutional ownership stands at 4.26%, led by Vanguard’s 23.1% stake increase last quarter. QUBT’s Qatalyst platform targets enterprise optimization, but market skepticism grows amid volatility (beta 3.51) and inconsistent financial performance.
Wall Street Zen Downgrades Quantum Computing (NASDAQ:QUBT) to Sell - MarketBeat

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Wall Street Zen Downgrades Quantum Computing (NASDAQ:QUBT) to Sell Written by MarketBeatMarch 7, 2026 ShareLink copied to clipboard. Image from MarketBeat Media, LLC.

Key Points Wall Street Zen downgraded Quantum Computing (NASDAQ:QUBT) from "hold" to "sell", though the analyst consensus remains a "Hold" with a $17 average price target (3 Buy, 2 Hold, 1 Sell). Shares opened around $7.60 (12‑month range $4.37–$25.84) with a market cap of about $1.71 billion; the company is currently unprofitable (P/E -50.67) and trading below its 200‑day moving average. QUBT slightly beat EPS estimates last quarter (loss of $0.01 vs. $0.04 expected) but missed on revenue; insiders own 19.3% (the COO recently sold shares) while institutional ownership is reported at 4.26%, with Vanguard a major holder. MarketBeat previews top five stocks to own in April. Quantum Computing (NASDAQ:QUBT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.MarketBeat Week in Review – 02/16 - 02/20Other equities analysts have also issued reports about the company. Rosenblatt Securities reiterated a "buy" rating and set a $22.00 price objective on shares of Quantum Computing in a research report on Tuesday.

Lake Street Capital cut their price objective on shares of Quantum Computing from $24.00 to $16.00 and set a "buy" rating for the company in a research note on Monday, November 17th. Cantor Fitzgerald decreased their target price on shares of Quantum Computing from $15.00 to $10.00 and set a "neutral" rating on the stock in a research report on Tuesday.

Ascendiant Capital Markets cut their price target on shares of Quantum Computing from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, December 22nd. Finally, Wedbush assumed coverage on Quantum Computing in a report on Wednesday, December 17th. They set a "neutral" rating and a $12.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.00.Get Quantum Computing alerts:Sign UpView Our Latest Report on QUBTQuantum Computing Stock Down 1.6%Is This Quantum Outperformer a New Threat to D-Wave?Shares of NASDAQ QUBT opened at $7.60 on Friday. Quantum Computing has a twelve month low of $4.37 and a twelve month high of $25.84. The firm has a market capitalization of $1.71 billion, a P/E ratio of -50.67 and a beta of 3.51. The stock's 50-day simple moving average is $9.95 and its two-hundred day simple moving average is $13.37. Quantum Computing (NASDAQ:QUBT - Get Free Report) last announced its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.03. The company had revenue of $0.20 million during the quarter, compared to analysts' expectations of $0.39 million. Insider Transactions at Quantum Computing4 Quantum Stocks to Watch as the Next Computing Revolution UnfoldsIn other Quantum Computing news, COO Milan Begliarbekov sold 2,860 shares of the firm's stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $11.85, for a total value of $33,891.00. Following the completion of the sale, the chief operating officer directly owned 24,240 shares in the company, valued at $287,244. This trade represents a 10.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 19.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Quantum ComputingSeveral hedge funds have recently made changes to their positions in the company.

Vanguard Group Inc. boosted its position in shares of Quantum Computing by 23.1% in the 3rd quarter.

Vanguard Group Inc. now owns 12,197,605 shares of the company's stock worth $224,558,000 after purchasing an additional 2,286,514 shares in the last quarter.

Rollins Financial Advisors LLC purchased a new position in Quantum Computing during the second quarter valued at $504,000. Y Intercept Hong Kong Ltd purchased a new position in Quantum Computing during the third quarter valued at $5,439,000.

Intech Investment Management LLC bought a new stake in Quantum Computing in the second quarter worth $1,169,000. Finally, Pacific Heights Asset Management LLC grew its stake in shares of Quantum Computing by 62.5% in the third quarter.

Pacific Heights Asset Management LLC now owns 650,000 shares of the company's stock worth $11,966,000 after acquiring an additional 250,000 shares during the last quarter. 4.26% of the stock is currently owned by institutional investors.

Quantum Computing Company Profile (Get Free Report)Quantum Computing Inc NASDAQ: QUBT is a provider of quantum computing and quantum-inspired algorithm solutions, headquartered in the United States with research and development operations in Europe. Originally incorporated as Unigrid Software in 2019, the company rebranded in 2021 to reflect its strategic focus on commercializing emerging quantum technologies for enterprise and government customers. The company's flagship product, Qatalyst, is a quantum-inspired optimization platform that applies advanced heuristic solvers to address complex combinatorial problems in logistics, supply chain management, finance and other data-intensive fields.Featured StoriesFive stocks we like better than Quantum ComputingThe gold chart Wall Street is terrified of…America’s 1776 happening againWhat a Former CIA Agent Knows About the Coming CollapseUnlocked: Elon Musk’s Next Big IPOElon Musk already made me a “wealthy man”This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Quantum Computing Right Now?Before you consider Quantum Computing, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quantum Computing wasn't on the list.While Quantum Computing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here 5G Stocks: The Path Forward is ProfitableClick the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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