Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
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Valued as a loss-making company: Analyst consensus.
ACCE opinionQuantum Computing Inc. Common Stock (QUBT)
Fair value
Not available
ACCE price target
$6.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 12 Oct 2026, 00:00 CEST.
Price used: $6.56 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
31
out of 100
Analysts
67% buy
6 covering
1-year return
-58.8%
Dividend yield
0.00%
Quantum Computing Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Quantum Computing Inc. sells photonic quantum hardware and software, most visibly its Dirac-3 optimization machine and the Qatalyst software platform, and it is still early in converting that technology into revenue. The bull case rests on the company being a small, early entrant in a market where enterprise and government buyers are only beginning to pilot quantum systems. Reported revenue growth of roughly 9,000% is off a very small base, and gross margin of -18.9% and operating margin of -281.3% show the business is not yet covering the cost of making or delivering its products. The stock carries a 1.5 billion dollar market capitalization against negative earnings and a 33/100 composite score, so the appeal is a speculative option on commercialization rather than a cash-generating franchise. Worth a deeper look only if you are prepared to underwrite specific customer contracts and a path to positive gross margin.
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
severe
Deeply negative operating economics
Operating margin is -281.3% and gross margin is -18.9%, so the company loses money on every dollar of revenue before overhead. Free cash flow is $-36,984,000.
high
Extreme short interest
Short interest stands at 33.6% of ownership, a level that signals heavy bearish positioning and can produce violent price swings in either direction.
high
Valuation far above target
The stock trades at 9.3% above the ACCE price target of $6.00 with a price of $6.56, while the P/S ratio of 149.8 leaves little room for error.
moderate
Revenue growth from a tiny base
Revenue growth of +9000.0% year over year reflects a very small starting base, so the headline figure says little about the durability of demand.
AI research notes
AI-assisted·How I use AIWritten Oct 22, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Revenue grew 9000.0% year over year, from a very small base, showing commercial traction is starting to appear.
Four of six analysts rate the stock Buy or Strong Buy, and their mean price target sits well above today's share price.
The company carries no debt, with a debt to equity ratio of 0.00, so it is not stretched by borrowing.
Why it could disappoint
The company lost money on every sale, with a net margin of -152.4% over the latest reported period.
Free cash flow over the last twelve months was negative $37M, so the business is consuming cash rather than generating it.
The diluted share count rose 75.2% last fiscal year, meaning existing shareholders own a smaller slice of the company.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 13, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where QUBT's valuation models land
Price
$6.56
Model fair valueConfidence: low
about $18.67
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Analyst consensus
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Quality
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