Quantum Computing Shares Plunge 3.92% as $190M Volume Ranks 478th Amid 52-Week Low Jitters

Quantum Computing (QUBT) closed at a 3.92% decline on Aug. 25, 2025, with a trading volume of $190 million, ranking 478th in market activity. The stock continues to trade near its 52-week low of $0.58, reflecting persistent investor skepticism amid ongoing operational challenges.

Jim Cramer's repeated warnings about QUBT's financial sustainability have intensified market concerns. The company reported a 2025 Q2 revenue drop to $61,000 from $183,000 year-over-year, alongside a net loss widening to $36 million. Operating expenses surged to $10.2 million, nearly double the prior year’s figure. Despite securing customer orders for products like the EmuCore device and entangled photon sources, the firm remains unprofitable with heavy cash burn.

Cramer has maintained a bearish stance, cautioning that the stock could fall to $7 if quantum computing enthusiasm wanes. His critique aligns with QUBT’s recent private placement of shares, which boosted cash reserves to $348.8 million but underscored reliance on capital raises. The company plans to integrate quantum systems with nanophotonic chips to reduce costs, yet no immediate M&A activity is on the horizon to accelerate commercialization.

Post-earnings, QUBT’s shares dropped 4.06% during regular trading and an additional 1.44% in after-hours sessions. The stock’s 15.6% decline since Cramer’s initial remarks highlights the sector’s volatility, with NVIDIA CEO Jensen Huang’s skepticism further weighing on sentiment. Strategic shifts and technological progress remain key to unlocking long-term value, though near-term profitability appears distant.

The backtested strategy of purchasing top 500 volume stocks and holding for one day from 2022 yielded a 31.52% total return over 365 days, with a 0.98% average daily gain. Peak performance occurred in June 2023 (7.02%), while the worst was September 2022 (-4.65%). This reflects short-term momentum capture amid market fluctuations, consistent with QUBT’s recent trading pattern.