Quantum Computing QUBT Stock Resumes Uptrend with 27% Surge – Eyes All Time Highs

Quick overview

QUBT shares are riding a wave of bullish sentiment, fueled by strong price action, analyst upgrades, and increased options activity.

Bullish Sentiment Sparks Vertical Rally

Quantum Computing Inc. (NASDAQ: QUBT), a rising player in the quantum optics and integrated photonics sector, has ignited a powerful upward trend this month. With the stock surging over 75% in the past week alone, market optimism has clearly taken hold. The company develops low-power, room-temperature quantum systems designed for scalable applications—making it one of the most accessible players in the next-gen computing space.

QUBT Daily Chart – Price Momentum Hits New Gear

After closing at $16.68 last Friday, QUBT opened Monday with a sharp gap higher at $17.26. The rally continued to build, pushing shares as high as $20.91 mid-week, before retracing slightly to end at $18.70. That puts the stock on a remarkable 80% climb from early June levels around $11.20.

With the previous all-time high of $27.13, set in November last year, now just a few percentage points away, traders are increasingly eyeing a potential breakout to new highs.

Analyst Upgrade Lights the Fuse

A bullish upgrade from Ascendiant Capital Markets provided a fresh catalyst. The firm raised its price target from $14 to $22, reaffirming a “Buy” rating. With the current price hovering near that target, the market has clearly responded with renewed confidence in QUBT’s near-term prospects.

Such endorsements often act as a trigger for retail and institutional investors to increase exposure, especially in high-momentum stocks with strong growth narratives.

Quantum Computing Inc. Swings to Profit in Q1 2025 as Assets and Equity Surge

Quantum Computing Inc. (QUBT) delivered a striking turnaround in Q1 2025, posting a net profit of $17 million after last year’s loss. The results show a solid increase in cash reserves, significantly lower liabilities, and a stronger balance sheet overall. While gross margins narrowed slightly, the major gains in net income and equity position reflect growing financial strength as the company scales its quantum tech offerings.

QUBT Q1 2025 Earnings Highlights:

• Earnings Report Date: May 15, 2025
• Revenue: $39,000 in Q1 2025, up from $27,000 in Q1 2024
• Gross Margin: Fell to 33% from 41% a year earlier
• Operating Expenses: Rose to $8.3 million (vs. $6.3 million in Q1 2024)
• Net Income: $17 million or $0.13 per basic share — a major turnaround from a net loss of $6.4 million in Q1 2024
• Total Assets: Increased to $242.5 million (up from $153.6 million at year-end 2024)
• Cash & Equivalents: Jumped by $87.5 million to $166.4 million
• Total Liabilities: Dropped to $21.7 million, a $25 million improvement
• Stockholders’ Equity: Rose sharply to $220.8 million

Options Market Shows Growing Speculation

Investor excitement isn’t confined to the equity markets. Options traders are increasingly betting on higher prices, as seen in 27,435 call options traded—a volume that’s 1.7 times the average. This surge in options activity reflects expectations of continued volatility and upside in the near term.

The elevated call buying suggests that traders are positioning for another leg higher, potentially targeting that previous high at $27.13 and beyond.

Conclusion: Quantum Rally or Bubble Risk?

Quantum Computing Inc. has emerged as a breakout story in June, propelled by a mix of strong fundamentals, bullish analyst commentary, and surging speculative interest. With its unique positioning in quantum photonics and the rising demand for accessible, room-temperature quantum solutions, QUBT stands at the intersection of cutting-edge tech and market momentum.

Still, with such a steep rise in a short period, traders should monitor technical levels closely. The $27 level remains a key psychological barrier—should it break, momentum could push shares into uncharted territory. But if momentum fades, a short-term correction wouldn’t be surprising.

For now, Quantum Computing Inc. looks like it’s making a serious bid to redefine the quantum investment landscape.

ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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