QUBT
Quantum Computing Inc
NASDAQ: QUBT · TECHNOLOGY · COMPUTER HARDWARE
$9.93
+0.20% today
Updated 2026-06-12
Market cap
$2.70B
P/E ratio
—
P/S ratio
622.38x
EPS (TTM)
$-0.26
Dividend yield
—
52W range
$6 – $26
Volume
21.4M
Quantum Computing Inc (QUBT) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed QUBT price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$9.93
Today
Analyst consensus
$17.50
+76.23% · 12M
2030 Base
$121.78
+1126.38% future
NPV today
$43.86
@ 25% WACC
7 analysts:
4 Buy2 Hold1 Sell
Management guidance
No explicit CEO revenue targets for 2026-2030 found in available materials. CEO Yuping Huang emphasized 'scalable quantum manufacturing' strategy and photonic platform commercialization. Company holds $1.4B in cash/investments to support growth in TFLN foundry, quantum networking, and AI acceleration—implying aggressive expansion plans but no quantified guidance disclosed.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
QUBT · Quantum Computing Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$61.81
NPV today: $22.26
Base case (2030)
$121.78
NPV today: $43.86
Bull case (2030)
$257.36
NPV today: $92.68
WallStSmart.com
QUBT financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.0B | $0.1B | $0.2B | $0.3B | $0.4B | $0.6B |
| Revenue growth | 82.8% | 3172.0% | 71.5% | 72.1% | 56.2% | 40.0% |
| Net margin | — | -39.2% | -31.5% | -15.0% | -4.3% | 1.5% |
| EPS | $-0.34 | $-0.16 | $-0.22 | $-0.18 | $-0.08 | $0.04 |
| Diluted shares | — | 226M | 227M | 228M | 228M | 229M |
| Net debt | — | $46.25M | $125.60M | $262.20M | $475.60M | $774.35M |
| P/S multiple | — | 48.0x | 48.0x | 48.0x | 48.0x | 48.0x |
| Implied price (base) | — | $19.40 | $32.99 | $56.42 | $87.59 | $121.78 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $0.6B | $0.6B | $0.6B |
| P/S multiple | 25.0x | 48.0x | 100.0x |
| Diluted shares | 229M | 229M | 229M |
| Net debt | $774.35M | $774.35M | $774.35M |
| Implied P/E † | 1545x | 3045x | 6434x |
| 2030 Price | $61.81 | $121.78 | $257.36 |
| NPV @ 25% | $22.26 | $43.86 | $92.68 |
† Implied P/E: Multiples remain elevated across all three scenarios because QUBT is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $121.78 base case
QUBT catalysts and risks
Growth catalysts
+ NeuraWave photonic AI inference platform deployment and customer wins in edge AI/signal processing
+ Luminar Semiconductor and NuCrypt acquisition integration and revenue ramp (photonic PICs, quantum communications)
+ Fab 1 foundry scaling for TFLN chip production and third-party manufacturing revenue
+ Quantum Corridor network integration driving Dirac quantum optimization machine deployments
+ Post-quantum cryptography (PQC) and quantum key distribution (QKD) commercialization and regulatory tailwinds
Key risks
- Acquisition integration execution risk: Luminar and NuCrypt must deliver projected revenue synergies on aggressive timeline
- Hardware commercialization risk: NeuraWave, Dirac, and TFLN products face long sales cycles; customer adoption timing highly uncertain
- Profitability timeline: Company posted $4.05M net loss in Q1 2026 despite $3.69M revenue; path to GAAP profitability not articulated
- Competitive intensity: IonQ, Rigetti, D-Wave, and major cloud providers (IBM, Google, AWS) accelerating quantum offerings
- High cash burn and dilution risk: $1.4B cash provides runway, but at current burn rate and aggressive R&D spending, capital may be consumed faster than revenue scales
Methodology · Quantum Computing Inc 2030 stock forecast model
Quantum Computing Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 7 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for QUBT by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($774.35M by 2030) |
| 3. Time value | NPV calculated using 25% WACC (CAPM: beta 3.698) |
| 4. Multiple framework | P/S compresses with scale: bear 25.0x / base 48.0x / bull 100.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
QUBT price target FAQ
What is the QUBT price target for 2030?
WallStSmart's Quantum Computing Inc 2030 base case is $121.78 per share, with a bull case of $257.36 and bear case of $61.81. The NPV of the base case discounted to today at 25% WACC is $43.86.
How is the Quantum Computing Inc 2030 stock forecast calculated?
The QUBT 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the QUBT price target account for dilution?
Quantum Computing Inc is projected to grow diluted share count from 226M to 229M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on QUBT stock?
7 analysts cover QUBT with an average 12-month price target of $17.50. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.