Quantum Computing (QUBT) is set to reveal its financial performance for the third quarter of 2025 after the market closes on November 14th. The company’s stock has seen a remarkable increase of over 750% in the last year, drawing significant attention from investors as the report date nears. In a recent update, Lake Street’s five-star analyst, Max Michaelis, maintained his Buy rating on QUBT, suggesting a potential upside of more than 100% from current stock levels. As the earnings date approaches, investors will likely be keen to see if QUBT can meet expectations and sustain its current momentum.
Introducing ETF AI Analysts
Quantum Computing Inc. specializes in the manufacturing of advanced quantum machines and photonic chips, aiming to make this technology more affordable and accessible for both research and production purposes. For the upcoming third quarter, analysts anticipate an earnings per share (EPS) of -$0.06, a notable improvement from -$0.26 in the previous quarter. Revenue is predicted to reach $117,000, up from $61,000 recorded in Q2 2025.
Lake Street remains bullish on QUBT
Michaelis from Lake Street continues to express optimism about QUBT, retaining his “buy” recommendation for the stock. Back in September, he started covering QUBT with a “buy” rating and set a price target of $24. He views the stock as an attractive entry into the rapidly expanding quantum computing sector.
He pointed out that the quantum market is still in its infancy, but he anticipates a significant revenue increase in 2026 and 2027 as the company hits a crucial development phase. He believes QUBT’s first-mover status offers a long runway for growth. Specifically, he is very optimistic regarding the company’s advancements in photonics and thin-film lithium niobate (TFLN) technology, which are expected to be essential in future semiconductor manufacturing, providing a competitive edge as the sector evolves.
Moreover, he thinks that QUBT’s stock price may climb as investors become more focused on potential revenue growth and seek to engage with the burgeoning quantum computing field.
Is QUBT stock a good buy?
Currently, QUBT stock holds a “Moderate Buy” consensus rating, with two “Buy” recommendations issued over the past three months, according to TipRanks. The average price target for Quantum Computing is set at $32.0, which suggests a possible upside of 168% from where the stock currently stands.
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