Lake Street Initiates Coverage on QUBT with a 'Buy' Rating and Sets Price Target at $24.00 USD.

Lake Street initiates coverage on Quantum Computing (QUBT) with a 'Buy' rating and a $24.00 USD price target. This adds to QUBT's recent history of positive ratings, indicating growing interest and confidence in the company's performance. The average target price for QUBT is $18.50, with a high estimate of $22.00 and a low estimate of $15.00, implying an upside of 4.46% from the current price.

Lake Street Capital has initiated coverage on Quantum Computing Inc. (NASDAQ: QUBT) with a 'Buy' rating and a one-year price target of $24.00 USD. This positive rating adds to the growing interest and confidence in the company's performance, as evidenced by recent analyst ratings. The average target price for QUBT is $18.50, with a high estimate of $22.00 and a low estimate of $15.00, indicating an upside of 4.46% from the current price.

Quantum Computing Inc. is an integrated photonics company that offers accessible and affordable quantum machines. The company provides Dirac systems, which are portable, low power, and room temperature qubit and qudit entropy quantum computers (EQC); reservoir computing; remote sensing; and single photon imaging. Additionally, it offers Quantum random number generator (uQRNG), a portable device that provides genuine random numbers directly from quantum processes, and quantum authentication, which eliminates vulnerabilities inherent in classical cryptographic schemes.

The stock has seen significant volatility in recent months, with notable insider selling activity. For instance, CEO Yuping Huang sold 1,000,000 shares in September 2025, and Director Robert Fagenson sold 5,000 shares in September 2025. These transactions have raised concerns about insider confidence in the company's stock.

Despite these concerns, institutional investors have been increasing their stakes in Quantum Computing Inc. Northern Trust Corp, for example, increased its stake by 214.1% during the fourth quarter of 2025. The company's market capitalization is $2.93 billion, and it has a PE ratio of -26.98 and a beta of 3.88.

Investors should carefully weigh the risks and opportunities associated with Quantum Computing Inc. before making investment decisions. The company's recent earnings reported a loss of $0.06 per share, and it has a low Piotroski F-Score of 3, suggesting weak business operations. Additionally, the stock is significantly overvalued according to its high Price-to-Sales (PS) Ratio of 11,090, nearing its 5-year high.