Quantum Computing Inc (QUBT) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Quantum Computing Inc stock $4.18, price $6.33, that is 33.9% below the price, quality 36 out of 100. Rating: overvalued. Calculated from audited financials with one of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $0.4210 – $25.68 · fair‑value band $2.76 – $5.23 · the $6.33 price screens above the $4.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States.
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The company develops thin-film lithium niobate chips for optical devices, such as electro-optical modulators, periodically poled devices for frequency conversion, and micro-ring resonator cavities markets.
It is also developing the entropy quantum computer (EQC), a quantum application of Core Photonics Technology, designed to solve complex optimization problems.
In addition, the company offers Emucore, a reservoir computing machine that can be reprogrammed after manufacturing and optimized for recurrent neural network applications; Neurawave, a photonics based reservoir computer; LiDAR, which allows machines to see through dense fog and provide image fidelity at great distances in environments, such as snow, ice, and water; the quantum photonic vibrometer, an instrument for remote vibration detection, sensing, and inspection; and quantum networks and quantum authentication products.
The company was formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2001 and is based in Hoboken, New Jersey.
Stock analysis
Quantum Computing Inc (QUBT) currently trades at $6.33, while our model-based Fair Value estimate is $4.18, 34% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the data coverage at low.
Scenario range: $2.76 (bear) to $5.23 (bull), the price of $6.33 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 36/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Quantum Computing Inc reported revenue of $682K in FY2025 versus $31.2K in FY2021, a compound +116.2%/yr. Reported net income was −$18.7M in FY2025.
Key figures
Market cap $1.4B Small · EPS (TTM) $−0.0500 · Return on equity −1.5% · Return on assets (EBIT) −40.2% (5-year average) · Operating margin −281% · Revenue growth (YoY) +90.0% · Free cash flow −$37.0M · Net cash $736M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −6% fair-value upside, at −34%, QUBT screens richer than that median.
Fair Value models
Bear$2.76Fair Value $4.18Bull$5.23
Price $6.33 · Downside -33.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
NCAV (Graham)$3.25$4.92$6.1555
All 1 models by family
Asset-Based
NCAV (Graham)$3.25$4.92$6.1555
The fair value above starts from this blend and is adjusted for dilution from new shares.
In the last 6 months, no officer or director bought or sold shares on the open market.
SaleChristopher Bruce RobertsCFO and General Counsel78,262 shares at $7.85$614,357Mar 11, 2026
SaleMilan BegliarbekovChief Operating Officer2,860 shares at $11.85$33,891Jan 7, 2026
Plus 4 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.27/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+82.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+71.3%
Revenue growth 17 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−6.5%
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’21
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−54,833.8% (2021) → −7,489.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Computer Hardware · 213 stocks
Beats the industry median on 3/7 measures
A mixed picture versus its industry peers.
Valuation
Quality Score36 · Bottom 25%
Fair Value upside−33.9% · Below median
Profitability
Return on assets−1.2% · Bottom 25%
Net margin (12 months)−152.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)90.0% · Top 25%
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Computer Hardware median · lower = cheaper
P/B0.89× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 83
PAST (return on equity)0· sector 33
HEALTH (low debt)100· sector 97
DIVIDEND (yield)0· sector 52
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Quantum Computing Inc (QUBT) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $4.18 versus a price of $6.33, about 34% lower (overvalued).
What is the fair value of QUBT?
Our model-based fair value for Quantum Computing Inc is $4.18 (as of Nov 6, 2026), built from audited fundamentals. The current price: $6.33.
What is the quality score of QUBT?
Quantum Computing Inc has a Quality Score of 36/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Quantum Computing Inc (QUBT)?
Our model-based price target is the fair value of $4.18 (as of Nov 6, 2026) from 1 valuation models. Cautious scenario $2.76, optimistic scenario $5.23. It is a calculation from audited fundamentals, not an analyst target.
What is the Quantum Computing Inc stock forecast for 2026?
Our models put fair value at $4.18, about 34% lower versus a price of $6.33 (overvalued). Cautious scenario $2.76, optimistic scenario $5.23. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Quantum Computing Inc (QUBT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Quantum Computing Inc it is $4.18 per share (as of Nov 6, 2026), against a price of $6.33. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is Quantum Computing Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, QUBT trades above its calculated fair value: price $6.33, fair value $4.18, a gap of about −34% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of QUBT?
No. The price is what the market pays today ($6.33); the fair value is what the company's own numbers justify ($4.18). For Quantum Computing Inc the two are $2.15 per share apart. That gap is exactly why we show both numbers side by side.
How much is Quantum Computing Inc worth?
The market values Quantum Computing Inc at about $1.4B (market capitalisation, as of Nov 6, 2026). Per share that is $6.33; our models calculate a fair value of $4.18 per share.
What do the bullish and bearish scenarios say about QUBT?
Our models span a range for Quantum Computing Inc: cautious scenario $2.76, base $4.18, optimistic $5.23 per share (as of Nov 6, 2026, price $6.33). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Quantum Computing Inc (QUBT)?
Balance-sheet figures for Quantum Computing Inc (as of Nov 6, 2026): return on equity −1.5%, debt of 0.01 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is QUBT from its 52-week high?
Quantum Computing Inc trades at $6.33, about 53% below its 52-week high of $13.58 and 12% above the low of $5.63 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $4.18 is for.
Which stocks are comparable to Quantum Computing Inc?
From the same area (Technology) we also value Dell Technologies Inc, Arista Networks, Inc, Sandisk Corporation, Seagate Technology Holdings, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Quantum Computing Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $6.33, calculated fair value $4.18 (−34%), Quality Score 36/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of QUBT calculated?
We run Quantum Computing Inc through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of $4.18 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Quantum Computing Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Quantum Computing Inc (QUBT)?
The closing price on Nov 6, 2026 was $6.33. Our model-based fair value is $4.18, about 34% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Quantum Computing Inc right now?
The price sits above even our optimistic bull case ($5.23). The favourable scenario is already priced in. Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($2.76 to $5.23) leaves room in how you read the outcome.
Key figures of Quantum Computing Inc
How large is the market capitalisation of Quantum Computing Inc (QUBT)?
The market capitalisation of Quantum Computing Inc is $1.4B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Quantum Computing Inc (QUBT)?
Earnings per share at Quantum Computing Inc are $−0.0500. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Quantum Computing Inc (QUBT)?
The return on equity (ROE) of Quantum Computing Inc is −1.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Quantum Computing Inc (QUBT)?
On an EBIT basis the return on assets of Quantum Computing Inc is −40.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Quantum Computing Inc (QUBT)?
The operating margin of Quantum Computing Inc is −281% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Quantum Computing Inc (QUBT)?
Revenue at Quantum Computing Inc is growing +90.0% versus a year earlier (3y avg +71.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Quantum Computing Inc (QUBT) generate?
The free cash flow of Quantum Computing Inc is −$37.0M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Quantum Computing Inc (QUBT) hold?
Quantum Computing Inc holds more cash than debt, $736M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 6, 2026
