QUBT Stock Price | Quantum Computing Inc. Share Value & Performance

As of February 10, 2026, Quantum Computing Inc. (QUBT) shares trade at approximately $9.44 per share, reflecting a negligible uptick from the prior close. citeturn0finance0

Recent Price Context & Trading Highlights

StockAnalysis reports that as of February 6, 2026, QUBT closed at $9.43 with an impressive +20.74% intraday gain, while after-hours trading nudged it up to $9.55.

Meanwhile, The Motley Fool recorded a closing price of $9.12 on February 4, 2026, marking a –5.5% drop for the day.

Taken together, these figures suggest recent volatility, with the stock hovering in the $9.10–$9.50 range over early February.

Financial Snapshot & Operational Performance

Q3 2025 Earnings

• Revenue jumped to approximately $384,000, up ~280% YoY from about $101,000.
• Net income reached $2.4 million (EPS: $0.01), reversing a $5.7 million loss the previous year.
• Operating expenses climbed to $10.5 million, from $5.4 million.

Q2 2025

• Revenue held at $61,000, down from June 2024’s $183,000, with margins at 43%.
• Net loss widened to $36.5 million (–$0.26 per share), largely due to a $28 million non-cash warrant liability valuation hit.
• Assets rose, with cash & equivalents jumping to $348.8 million, up from $79 million.

Q1 2025

• Modest revenue of $39,000, up from $27,000 year-over-year, margin held at 33%.
• Net income recorded at $17 million (EPS: $0.13), thanks to a $23.6 million non-cash gain from warrant valuation.
• Strong balance sheet: cash & equivalents reached $166.4 million, up $87.5 million from end of 2024.

Financial Trends at a Glance

• 2024 full-year revenue was approximately $373,000, with net losses significantly higher than the previous year.
• Analysts anticipate 2026 revenue to rise to about $1.85 million, albeit with widening net losses. Valuation remains extremely rich at almost 1,300× projected sales.

Strategic Moves & Industry Perception

• QUBT raised sizable capital through equity offerings—$188 million in Q2 2025 alone—with dilutive effects that triggered a 16% share drop in September after announcing a $500 million private placement.
• The company’s strategy includes advancing photonic chipfoundry operations, ramping up capacity for thin-film lithium niobate manufacturing, and deepening ties with commercial and government clients.
• However, skepticism persists. Critics cite shaky fundamentals, speculative valuation, and reports of lawsuits alleging misleading claims about NASA collaborations and product viability.

Expert Perspective in Brief

“The stock’s valuation is more about speculative hype than underlying financial strength. Until commercial traction solidifies, cautious investors may want to keep a lookout.” – Industry analyst (paraphrased)

This captures the tension—solid cash reserves and recent revenue gains versus structural risks and diluted ownership.

Summary: QUBT Stock Price & Outlook

• Current Price: ~$9.44 per share as of Feb 10, 2026, with recent swings between $9.10 and $9.50.
• Performance: Gains in Q3 2025 revenue and profitability provide early bullish signals, but inconsistent results and heavy dilution temper optimism.
• Valuation: Extremely high multiples relative to revenues make QUBT a speculative option.
• Outlook: Accumulating cash strengthens runway. Yet, investor confidence hinges on meaningful commercial breakthroughs, reduced dependence on dilutive financing, and clearer execution.

FAQs

What is the current QUBT stock price?

The stock trades around $9.44 per share as of February 10, 2026, showing modest movement within a narrow range.

Has Quantum Computing Inc. ever posted a profit?

Yes, in Q3 2025 it reported net income of $2.4 million (EPS $0.01), after previously recording losses.

Why do investors remain skeptical of QUBT?

Skepticism stems from extremely high valuation multiples, low revenue base, frequent dilution through equity raises, and legal scrutiny over alleged misleading claims.

What strengths does QUBT have?

The company holds a strong cash position (well over $300 million), is scaling its photonic chipfoundry, and is making early revenue in both commercial and government markets.

Are analysts bullish on QUBT?

Overall sentiment is cautious. Forecasts show modest revenue growth, continued losses, and a valuation viewed as disproportionate to potential sales.