Quantum Computing Inc's QUBT stock declines 2.07% due to oversubscribed private placement

Quantum Computing Inc (QUBT) shares declined 2.07% after announcing a $500 million oversubscribed private placement. The company aims to commercialize quantum computers and may support acquisitions and team expansions. Despite financial strength, concerns exist due to a low Piotroski F-Score and overvaluation indicated by a high Price-to-Sales Ratio and trading near its 10-year high.

Quantum Computing Inc. (QUBT) shares declined by 2.07% on September 12, 2025, following the announcement of a $500 million oversubscribed private placement. The company aims to use these funds to support its commercialization efforts for quantum computers, potential acquisitions, and team expansions.

The private placement, which was oversubscribed, involved the issuance of 26.8 million shares to existing shareholders and a new global alternative-asset manager. The deal is projected to raise $500 million before accounting for expenses Quantum Computing (QUBT) Secures $500M in Private Placement Deal^[3]. This funding is expected to enhance Quantum Computing's commercialization of quantum machines and photonic solutions, and support its expansion plans, including strategic acquisitions and the growth of its sales and engineering teams QUBT Prepares for Aggressive Growth With Robust Capital Position^[1].

Despite the financial strength indicated by a robust cash position of $349 million at the end of the second quarter of 2025, concerns exist regarding the company's financial health. Quantum Computing reported a low Piotroski F-Score of 3, suggesting poor business operations, and significant insider selling activity Quantum Computing (QUBT) Secures $500M in Private Placement Deal^[3]. Additionally, the company's revenue has been stagnant over the past three years, with a current ratio of 88.17 indicating strong liquidity but significant profitability issues Quantum Computing (QUBT) Secures $500M in Private Placement Deal^[3].

Furthermore, QUBT is currently trading at a high Price-to-Sales (P/S) ratio of 2268.90X compared to the industry average of 5.51X, suggesting overvaluation QUBT Prepares for Aggressive Growth With Robust Capital Position^[1]. The stock's trading near its 10-year high also raises concerns about potential overpricing.

In summary, while Quantum Computing's private placement reflects strong investor interest and provides the company with substantial financial flexibility, the stock's recent decline and financial metrics indicate potential risks for investors.