Quantum Computing Inc. (NASDAQ:QUBT) is an innovative company that engages in quantum optics and integrated photonics technology. Wall Street has a generally positive sentiment on the stock, with 4 out of 6 analysts covering the stock maintaining a Buy rating. Moreover, the 12-month average price target of the analysts suggests more than 95% upside from the current level. Quantum Computing Inc. (NASDAQ:QUBT) is among our Best Quantum Computing Stocks to Buy and Hold for 10 Years.
Recently, on April 20, Northland Capital Markets initiated coverage of Quantum Computing Inc. (NASDAQ:QUBT) with a Buy rating and a $20 price target. The firm believes the company’s total addressable market is $100 billion to $250 billion, highlighting massive growth opportunities. Northland Capital noted that the technology execution risk in the industry is minimal, suggesting that no single company’s failure can hamper the progress of the industry.
As a result, the firm suggests investing across multiple quantum firms to diversify the risk and calls the industry positively skewed with high upside and limited downside.
That said, Quantum Computing Inc. (NASDAQ:QUBT) is set to release its fiscal Q1 2026 earnings on May 13. Wall Street expects revenue to be around $3.28 million, along with a GAAP EPS of negative $0.05.
While we acknowledge the potential of QUBT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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