Quantum Computing QUBT Stock Sees Modest Rise Amid Rising Option Interest

Quantum Computing (QUBT) stock rose 0.97% to $19.32, with 8,108 contracts exchanged, mostly calls. Implied volatility increased slightly to 103.07, and the put-call skew flattened, suggesting a slightly bullish sentiment. Analysts forecast an average target price of $18.50, with a high estimate of $22.00 and a low estimate of $15.00. The average brokerage recommendation is 2.5, indicating "Outperform" status.

Quantum Computing Inc. (QUBT) stock experienced a modest rise of 0.97%, reaching approximately $19.32, on July 2, 2025. The trading activity in options was relatively low, with 8,108 contracts exchanged, predominantly call options. The put/call ratio of 0.42 indicates a slightly bullish sentiment among traders. Implied volatility (IV30) increased slightly to 103.07, suggesting an anticipated daily price fluctuation of about $1.25 [2].

Analysts forecast an average target price of $18.50 for QUBT, with a high estimate of $22.00 and a low estimate of $15.00. The average brokerage recommendation of 2.5 indicates an "Outperform" status, suggesting optimism about the company's prospects [2].

Quantum Computing Inc. has been making significant strides in its commercialization efforts. The company completed the construction of its Quantum photonic chip foundry in Tempe, Arizona, marking a significant milestone. It secured its fifth purchase order for foundry services from a leading Canadian research institute, indicating global demand for its capacities. Additionally, QUBT announced collaborations with the Sanders Tri-Institutional Therapeutics Discovery Institute and NASA's Langley Research Center, leveraging its Dirac-3 quantum optimization machine for advanced research [2].

Despite these positive developments, QUBT still faces challenges. First quarter 2025 revenues were only $39,000, showing modest growth from $27,000 in the prior year quarter. Gross margin decreased to 33% from 41% in the first quarter of 2024, indicating variability at the current revenue level. Operating expenses increased to $8.3 million from $6.3 million in the same quarter last year, driven mainly by employee-based expenses [2].

QUBT is positioned to benefit from the growing demand for quantum-secure communications and advanced optimization solutions. With a strengthened financial foundation, strategic partnerships, and recent index inclusions, the company is well-positioned to capitalize on the expanding quantum tech market. However, investors should remain cautious due to the stock's stretched valuation and the competitive landscape [1].

References:
[1] https://www.nasdaq.com/articles/qubt-stock-surges-3427-year-correction-store-or-more-upside
[2] https://www.gurufocus.com/news/2970246/qubt-stock-shows-bullish-activity-with-rising-option-interest-qubt-stock-news