Cantor Fitzgerald Lowers Quantum Computing Price Target to $10

Cantor Fitzgerald has lowered its price target on Quantum Computing Inc. (QUBT) to $10 from $15 while maintaining a Neutral rating, citing the company's potential to capture a modest share of the emerging quantum computing market. QUBT reported Q4 revenue below expectations but highlighted strategic progress, including the launch of its "Fab 1" chip manufacturing facility and expansion of its foundry services. The company is positioned to benefit from the long-term evolution of quantum and AI technologies.