Quantum Computing (QUBT) Climbs on Q1 2026 Earnings - Yahoo Finance

Quantum Computing (QUBT) Climbs on Q1 2026 Earnings Talha Qureshi Sat, May 16, 2026 at 5:16 AM EDT 2 min read QUBT -10.44% Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Small Cap AI Stocks to Buy According to Wall Street Analysts. On May 11, Quantum Computing Inc. (NASDAQ:QUBT) released its fiscal Q1 2026 earnings. The share price has risen more than 14.4% since the release. During the quarter, the company posted $3.7 million, reflecting a huge increase of 9,364.10% year-over-year and ahead of the estimates by 12.7%. The normalized EPS of -0.03 also exceeded the expectations of -0.05. The revenue was primarily driven by acquisitions, and ex-acquisition revenue was at $204 thousand, derived from foundry orders and an R&D subcontract with NASA. Recent acquisitions made by the company include Lumina Semiconductor, Inc., and NuCrypt LLC. Management noted that these are now driving the bulk of revenue and broadening its portfolio in photonics and quantum communications. As a result, the order backlog at the end of the quarter stood at $16 million. Following the release on May 12, Cantor Fitzgerald reiterated a Neutral rating on the shares with a price target of $10. ​Quantum Computing Inc. (NASDAQ:QUBT) is an innovative company that engages in quantum optics and integrated photonics technology. 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. READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years.  Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. View Comments Terms and Privacy Policy Privacy Dashboard