QUBT Quantum Computing Inc. Common

XNAS 6.82 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

QUBT $6.82 —
Key stats
$6.82
Pre-market $6.53 -4.25%
52-Week Range
$6.08 – $17.35
YTD
-38.06%
IV Rank (30D)
23.21
Straddle Price
$1.07
P/C Vol Ratio
1.89
Market Cap
$1.5B
Open
$6.65
Day Range
$6.55 – $6.86
Volume
5,181,764
Prev Close
$6.50
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)5.15%
Beta vs SPY1.83
Cost of Equity (CAPM)15.23% (VRP-adj)
WACC15.23%
Volatility Risk Premium+84.6pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+30.0%
DCF Horizon10 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$-0.1B
Return on Equity (TTM)-0.9%
Book / Price115.0% — banking bias active (P/B is primary)
Gross Margin (TTM)-18.9%
FCF Margin (TTM)-524.0%
Debt / Equity0.00
Quality Score2/6 — normal (10y DCF)
SMA 50$8.07 (Market Anchor value)
SMA 20 / Bollinger Mid$7.58
Bollinger Width / SMA20620.1% (drives anchor stability)
Net Debt$-0.2B
Market Cap$1B
Peers used for multiples: INFQ, IONQ, QBTS (filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
69%
20-Day Fair Value
≈ by Nov 20, 2026
$6.78
α -0.6% rank 87%
conviction
38%
40-Day Fair Value
≈ by Dec 21, 2026
$6.85
α +0.5% rank 84%
conviction
13%
60-Day Fair Value
≈ by Jan 19, 2027
$6.97
α +2.2% rank 93%
conviction
69%
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0%
Peer P/B $29.87 12% median 3.8× · 3 peers
Peer P/S $4.52 12% median 84.9× · 3 peers
Market Anchor (SMA50) $8.07 44% stability 69% (BB-width)
Options Expected (B-L 30d) $6.79 32% 33 strikes · skew -0.10
As of 2026-10-22 · updated
About
Industry (SIC)
SERVICES-PREPACKAGED SOFTWARE (7372) · industry map
Exchange
XNAS
Market Cap
$1.5B
Employees
77
List Date
2004-12-30
CIK
0001758009
Next Earnings
2026-11-13 (After-Close)
EPS Forecast
($0.07) (2 est.)
Headquarters
Hoboken, NJ
Homepage
https://www.quantumcomputinginc.com

Quantum Computing Inc is an integrated photonics and non-linear quantum optics company to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging, and cybersecurity applications based on patented and proprietary photonics technology. Its products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offers capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan---27.10%15.79%-9.32%-44.65%-15.80%-16.22%
Feb---2.49%-25.00%9.54%-39.05%-9.96%-13.39%
Mar---1.14%-6.43%16.15%47.33%-20.26%7.13%
Apr---43.54%-22.30%-23.25%-13.14%35.84%-13.28%
May--49.34%0.86%-4.21%61.32%29.86%27.43%
Jun--0.85%-9.23%-28.36%62.46%-21.71%0.80%
Jul35.76%31.20%9.23%62.19%-20.39%-15.36%17.11%
Aug-11.06%-10.03%-24.36%1.06%6.62%-5.84%-7.27%
Sep-16.11%-10.68%-9.24%3.78%22.33%6.96%-0.49%
Oct1.13%-9.35%-31.45%73.91%-11.91%-18.71%*0.60%
Nov-10.32%0.45%19.92%524.78%-23.93%--102.18%
Dec-29.69%-28.10%-1.66%170.87%-6.30%--21.02%
Total-35.41%-58.75%-64.96%2942.20%-26.23%-42.15%452.45%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $7.58
SMA 50: $8.07
SMA 200: $8.93
Current: $6.82
EMA 12: $6.98
EMA 26: $7.48
MACD: -0.5018 | Signal: -0.0968
BEARISH
ADX (14): 27.49
TREND
+DI: 13.61
−DI: 29.04

Momentum Oscillators

RSI (14): 38.79
NEUTRAL
Stoch %K: 18.55
Stoch %D: 15.82
Williams %R: -72.39

Volume & Volatility

BB Upper: $9.36
BB Lower: $5.80
NEUTRAL
OBV: 1,628,473,783
Vol SMA 20: 7,226,391
Vol ROC: -29.15%
ATR: $0.43
True Range: $0.36
HV 20: 61.2%
HV 30: 57.7%
HV 60: 63.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

BULLISH (Confidence Level: 6/10)

Key drivers: Technical momentum, positive news sentiment, and catalysts in the near term.

Primary risks: High volatility, potential for mean reversion, and negative earnings surprise risk.

Investment thesis: QUBT's technical momentum is gaining traction, supported by recent positive news headlines. The stock's high beta indicates increased volatility, making it a higher-risk play. However, with a strong catalyst schedule in the near term, investors may be willing to take on this risk for potential returns.

Recent news sentiment impact: Positive news headlines have contributed to the stock's upward momentum, while negative news has had limited impact.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Bullish; Medium-term (1-3 months): Neutral; Long-term (3-12 months): Bearish

Support/Resistance Levels: SMA 20: $8.13; SMA 50: $9.34; SMA 200: $10.05; Upper Bollinger Band: $9.14

Momentum Signals:

  • RSI interpretation: Neutral (53.43)
  • MACD signal: Bearish (MACD -0.09, Signal 0.20, Histogram -0.30)
  • Bollinger Bands position: Neutral (Price touching middle band)

News & Sentiment Analysis

Recent Headlines Summary: Positive headlines (Why Quantum Computing Stock Just Popped) and neutral headlines (Quantum Stocks Face a 2028 Cash Test) have dominated the news cycle.

Sentiment Assessment: Overall sentiment is positive, with a slight tilt towards caution due to the high volatility.

Catalyst Identification: Upcoming earnings announcement (no specific date provided), potential product launches, and regulatory developments in the near term.

Risk & Volatility Assessment

Beta Interpretation: High risk relative to market (beta 3.63)

Volatility Regime: Current volatility is higher than historical levels (stock moves more than market).

Options Market Signals:

  • IV rank: Low (23.5%)
  • Put/call ratio: Bullish sentiment (0.56)
  • Unusual activity: High volume of calls and low put interest

Market Context & Positioning

Sector Performance: Quantum computing stocks have been performing relatively well, with QUBT being an exception.

Institutional Activity: Moderate institutional buying activity has contributed to the stock's upward momentum.

Correlation Analysis: QUBT has a moderate correlation (0.47) with the broader market, indicating it moves independently but is influenced by overall market trends.

Key Levels & Action Items

Critical Price Levels: Support at SMA 20: $8.13; Resistance at SMA 50: $9.34

Breakout/Breakdown Levels: Upper Bollinger Band: $9.14 (potential sell signal); Lower Bollinger Band: $7.13 (potential buy signal)

Time-Sensitive Catalysts: Upcoming earnings announcement, potential product launches, and regulatory developments.

Risk Management: Stop-loss levels at SMA 20: $8.13; Position sizing considerations based on volatility and market conditions.

Overall, QUBT's technical momentum is gaining traction, supported by positive news sentiment and upcoming catalysts. However, high volatility and mean reversion risks must be carefully managed to ensure a successful investment thesis.

Generated
Earnings History
5 of 6 under expected move
Avg Expected Move
48.55%
Avg Actual Move
7.84%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2023-03-30 After-Close 143.44% 7.38% 0.05x Within
2024-06-11 After-Close 99.26% 5.22% 0.05x Within
2025-11-14 After-Close 9.20% 8.49% 0.92x Within
2026-03-02 After-Close 14.38% 10.01% 0.70x Within
2026-05-11 After-Close 13.46% 15.72% 1.17x Exceeded
2026-08-10 After-Close 11.59% 0.22% 0.02x Within

Earnings calendar: this week’s reports with expected vs actual moves →

QUBT Options Activity & IV Rank

QUBT IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 66.3%
7-DTE IV: 73.8%
Expected Move: $1.07
7-DTE Move: $0.45
Days to Exp: 30 (2026-11-20)

Options Flow

Call Volume: 1,126
Put Volume: 2,126
P/C Volume: 1.888
BEARISH
Call OI: 70,370
Put OI: 54,654
P/C OI: 0.777
Total OI: 125,024

ATM Options Pricing

ATM Call: $0.40
ATM Put: $0.67
Call %: 5.9%
Put %: 9.8%

Chain Summary

Chain Volume: 15,456
Chain OI: 519,182
Last Updated: 10/21/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
LOW γ vs HISTORY

Estimated net dealer gamma is at the 19th percentile of this name's own daily history, near the low end of its range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
19%
vs own history
GEX tilt
-0.43
OI-weighted, today
Vanna tilt
+0.47
δ-sensitivity to IV
Charm tilt
-0.61
δ-decay vs time
Vanna tilt +0.47: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.61: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 50 ATM contracts, 109k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 70.4% / Wing —
30 DTE / 10d —
— pts EXTREME
as of Oct 21 · ATM 66.6% / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)36.3MediumOct 21
IV Rank (30 DTE)23.2LowOct 21
Straddle Price (30 DTE)$1.07Oct 21
Beta Analysis

Risk Metrics

Beta: 3.7049
Alpha: -101.33%
Correlation: 0.5233
R-Squared: 27.4%
Stock Volatility: 89.9%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

QUBT Institutional Ownership (13F)

Latest filings — 2026-09-30
Diluted shares outstanding: 203,068,500 (as of 2026-06-30)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

329 filers119,028,052 shares$1.16B value58.61% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 16,841,423 $172.79M 14.90% 8.29% 2025-12-31
2 BlackRock, Inc. Custodian 17,733,975 $172.02M 14.83% 8.73% 2026-06-30
3 Vanguard Capital Management LLC 8,848,881 $85.83M 7.40% 4.36% 2026-06-30
4 Penserra Capital Management LLC 6,979,349 $67.70M 5.84% 3.44% 2026-06-30
5 Defiance ETFs, LLC 7,033,410 $66.33M 5.72% 3.46% 2026-06-30
6 Vanguard Portfolio Management LLC 6,566,582 $63.70M 5.49% 3.23% 2026-06-30
7 Geode Capital Management, LLC Custodian 5,322,648 $51.64M 4.45% 2.62% 2026-06-30
8 State Street Corp 4,921,317 $47.74M 4.12% 2.42% 2026-06-30
9 Morgan Stanley Custodian 3,292,011 $31.93M 2.75% 1.62% 2026-06-30
10 Marex Group Ltd 2,302,359 $22.33M 1.93% 1.13% 2026-06-30
11 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 2,272,533 $22.05M 1.90% 1.12% 2026-06-30
12 UBS Group AG Custodian 2,045,200 $19.84M 1.71% 1.01% 2026-06-30
13 Bank of New York Mellon Corp Custodian 1,975,697 $19.16M 1.65% 0.97% 2026-06-30
14 Northern Trust Corp Custodian 1,815,091 $17.61M 1.52% 0.89% 2026-06-30
15 Charles Schwab Investment Management, Inc. 1,641,744 $15.92M 1.37% 0.81% 2026-06-30
16 Mubadala Investment Co PJSC 1,587,350 $15.40M 1.33% 0.78% 2026-06-30
17 CAPITAL FUND MANAGEMENT S.A. 1,505,193 $14.60M 1.26% 0.74% 2026-06-30
18 National Bank of Canada Custodian 1,458,236 $14.14M 1.22% 0.72% 2026-06-30
19 Clear Street Group Inc. 1,427,999 $13.85M 1.19% 0.70% 2026-06-30
20 Van Eck Associates Corp 1,317,352 $12.78M 1.10% 0.65% 2026-06-30
21 Vanguard Fiduciary Trust Co 1,301,720 $12.63M 1.09% 0.64% 2026-06-30
22 Susquehanna International Group, LLP Custodian 1,172,886 $11.38M 0.98% 0.58% 2026-06-30
23 BNP Paribas Financial Markets Custodian 1,070,785 $10.39M 0.90% 0.53% 2026-06-30
24 Raymond James Financial, Inc. Custodian 1,037,659 $10.07M 0.87% 0.51% 2026-06-30
25 Pacific Heights Asset Management LLC 1,000,000 $9.70M 0.84% 0.49% 2026-06-30
19 filers$183.65M notional
# Filer Notional Value % of Total Period
1 Jane Street Group, LLC Custodian $69.09M 37.62% 2026-06-30
2 Susquehanna International Group, LLP Custodian $43.19M 23.52% 2026-06-30
3 Citadel Advisors LLC Custodian $24.13M 13.14% 2026-06-30
4 IMC-Chicago, LLC Custodian $11.18M 6.09% 2026-06-30
5 GROUP ONE TRADING LLC Custodian $9.57M 5.21% 2026-06-30
6 Wolverine Trading, LLC Custodian $7.82M 4.26% 2025-09-30
7 Walleye Trading LLC $5.72M 3.11% 2026-06-30
8 Simplex Trading, LLC Custodian $5.59M 3.04% 2026-06-30
9 Point72 Asset Management, L.P. $2.44M 1.33% 2026-06-30
10 Walleye Capital LLC $1.43M 0.78% 2026-06-30
11 PEAK6 LLC $1.07M 0.58% 2026-06-30
12 Millennium Management LLC Custodian $771.15K 0.42% 2026-06-30
13 Vontobel Holding Ltd. $528.12K 0.29% 2026-09-30
14 D. E. Shaw & Co., Inc. Custodian $489.85K 0.27% 2026-06-30
15 CAPITAL FUND MANAGEMENT S.A. $440.38K 0.24% 2026-06-30
16 HAP TRADING, LLC $132.41K 0.07% 2025-09-30
17 HUB Investment Partners, LLC $46.56K 0.03% 2026-06-30
18 Chicago Partners Investment Group LLC $1.57K <0.01% 2026-06-30
19 CAPTRUST FINANCIAL ADVISORS $970 <0.01% 2026-06-30
23 filers$156.50M notional
# Filer Notional Value % of Total Period
1 Susquehanna International Group, LLP Custodian $40.00M 25.56% 2026-06-30
2 Goldman Sachs Group Inc Custodian $18.54M 11.84% 2026-06-30
3 Citadel Advisors LLC Custodian $14.59M 9.33% 2026-06-30
4 National Bank of Canada Custodian $13.76M 8.80% 2026-06-30
5 Jane Street Group, LLC Custodian $10.81M 6.91% 2026-06-30
6 Parallax Volatility Advisers, L.P. $9.85M 6.29% 2026-06-30
7 Simplex Trading, LLC Custodian $8.17M 5.22% 2026-06-30
8 BNP Paribas Financial Markets Custodian $7.64M 4.88% 2026-06-30
9 IMC-Chicago, LLC Custodian $7.54M 4.82% 2026-06-30
10 Walleye Trading LLC $5.88M 3.75% 2026-06-30
11 Wolverine Trading, LLC Custodian $5.02M 3.21% 2025-09-30
12 GROUP ONE TRADING LLC Custodian $4.47M 2.85% 2026-06-30
13 PEAK6 LLC $2.67M 1.70% 2026-06-30
14 Crawford Fund Management, LLC $2.48M 1.59% 2026-06-30
15 CAPITAL FUND MANAGEMENT S.A. $2.24M 1.43% 2026-06-30
16 Walleye Capital LLC $1.06M 0.68% 2026-06-30
17 Point72 Asset Management, L.P. $865.24K 0.55% 2026-06-30
18 Millennium Management LLC Custodian $347.26K 0.22% 2026-06-30
19 Sculptor Capital LP $242.50K 0.15% 2026-06-30
20 SIG BROKERAGE, LP $145.50K 0.09% 2026-06-30
21 LPL Financial LLC Custodian $97.97K 0.06% 2026-06-30
22 Bank of Montreal Custodian $51.41K 0.03% 2026-06-30
23 HAP TRADING, LLC $34.87K 0.02% 2025-09-30

QUBT Insider Trading (Form 4)

Latest: 2026-08-24
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-08-24 Yuping Huang CEO and President Award (A) +584,897 $0.00 $58 EDGAR
2026-08-21 Yuping Huang CEO and President Award (A) +584,897 $8.95 $5.23M EDGAR
2026-06-01 Yuping Huang CEO and President Award (A) +58,558 — EDGAR
2026-06-01 Milan Begliarbekov Chief Operating Officer Award (A) +24,774 — EDGAR
2026-06-01 Pouya Dianat Chief Revenue Officer Award (A) +24,774 — EDGAR
2026-04-14 Michael C Turmelle Director Award (A) +22,123 $6.78 $150.0K EDGAR
2026-04-14 Carl Scott Weimer Director Award (A) +22,123 $6.78 $150.0K EDGAR
2026-04-14 Eric Mark Schwartz Director Award (A) +22,123 $6.78 $150.0K EDGAR
2026-04-14 Robert B Fagenson Director Award (A) +22,123 $6.78 $150.0K EDGAR
2026-04-14 Javad Shabani Director Award (A) +22,123 $6.78 $150.0K EDGAR
2026-03-11 Christopher Bruce Roberts CFO and General Counsel Mixed +321,738 $7.01 $2.13M EDGAR
2026-01-12 Milan Begliarbekov Chief Operating Officer Mixed +10,690 $10.54 $105.1K EDGAR
2025-09-17 Robert B Fagenson Director Sell (S) −100,000 $15.56 -$1.56M EDGAR
2025-09-17 Yuping Huang CEO, President Gift (G) −400,000 — EDGAR
2025-09-08 Javad Shabani Director Mixed — $15.28 -$572.7K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

QUBT Insider Holdings

10 insiders · @ $6.82
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Yuping Huang CEO and President 23,531,173 $160.48M -$21.96M 14 2026-08-24
2 William J McGann CEO 1,249,169 $8.52M $0 4 2025-04-04
3 Christopher Bruce Roberts CFO and General Counsel 1,201,300 $8.19M -$614.5K 4 2026-03-11
4 Robert B Fagenson Director 107,123 $730.6K -$1.56M 6 2026-04-14
5 Milan Begliarbekov Chief Operating Officer 50,314 $343.1K -$33.9K 2 2026-06-01
6 Pouya Dianat Chief Revenue Officer 24,774 $169.0K -$266.8K 3 2026-06-01
7 Michael C Turmelle Director 22,123 $150.9K -$2.85M 7 2026-04-14
8 Carl Scott Weimer Director 22,123 $150.9K $0 4 2026-04-14
9 Javad Shabani Director 22,123 $150.9K -$1.04M 5 2026-04-14
10 Eric Mark Schwartz Director 22,123 $150.9K $0 1 2026-04-14
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

QUBT Board & Officers

As of SEC filings through Aug 24, 2026

Directors 6

Officers 5

10% owners 1

Changes in the last 10 years (35)
Jul 17, 2026Susan G. Hunt became Chief Revenue Officer
Sep 5, 2025Yuping Huang listed as CEO and President (previously Chief Quantum Officer) in SEC filings
Jul 2, 2025Christopher Bruce Roberts listed as CFO and General Counsel (previously CFO) in SEC filings
Jun 16, 2025The company announced the departure of Christopher Boehmler as Chief Financial Officer in an SEC filing
May 2, 2025Pouya Dianat became Chief Revenue Officer
May 2, 2025Milan Begliarbekov became Chief Operating Officer
Mar 26, 2025Eric Mark Schwartz became a director
Apr 19, 2024Javad Shabani became a director
Jan 25, 2024The company announced the departure of Robert Liscouski as President, CEO in an SEC filing
Nov 20, 2023The company announced the departure of Bertrand Velge from the board in an SEC filing
Jul 1, 2023Christopher Boehmler became Chief Financial Officer
Jan 4, 2023Carl Scott Weimer became a director
Oct 19, 2022David Charles Morris first listed as a director in an SEC filing
Oct 19, 2022Bertrand Velge no longer listed as a 10% owner in SEC filings
Oct 18, 2022Yuping Huang listed as Chief Quantum Officer (previously Chief Quantum Tech. Officer) in SEC filings
Jun 16, 2022Yuping Huang became a director
Jun 16, 2022Yuping Huang became a 10% owner
Jun 16, 2022Yuping Huang became Chief Quantum Tech. Officer
Jan 26, 2022William J McGann first listed as COO and CTO in an SEC filing
Dec 30, 2021The company announced the departure of William J McGann from the board in an SEC filing
Not reported recently (5)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

QUBT Proposed Insider Sales (Form 144)

Latest: 2026-03-11
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-03-11 CHRISTOPHER ROBERTS Officer 9,360 $73.5K 2026-03-11 Morgan Stanley Smith Barney LLC … — EDGAR
2026-03-10 CHRISTOPHER ROBERTS Officer 68,902 $541.0K 2026-03-10 Morgan Stanley Smith Barney LLC … — EDGAR
2025-09-04 Yuping Huang Director, Officer, 10% Owner 1,000,000 $14.55M 2025-09-04 J.P. Morgan Securities LLC — EDGAR
2025-06-12 144/A CHRISTOPHER ROBERTS Outside Counsel and Consultant 37,467 $468.3K 2025-05-23 Morgan Stanley Smith Barney LLC … — EDGAR
2025-06-11 Boehmler Christopher Officer 129,935 $1.97M 2025-06-11 FIDELITY BROKERAGE SERVICES LLC — EDGAR
2025-06-06 Boehmler Christopher Officer 188,950 $2.26M 2025-06-06 Fidelity Brokerage Services LLC — EDGAR
2025-05-22 CHRISTOPHER ROBERTS Outside Counsel and Consultant 13,094 $163.7K 2025-05-22 Morgan Stanley Smith Barney LLC … — EDGAR
2025-05-20 CHRISTOPHER ROBERTS Outside Counsel and Consultant 250,000 $3.16M 2025-05-20 Morgan Stanley Smith Barney LLC … — EDGAR
2025-05-19 Yuping Huang Director, Officer, 10% Owner 500,000 $6.43M 2025-05-19 J.P. Morgan Securities LLC — EDGAR
2025-05-19 CHRISTOPHER ROBERTS Outside Counsel and Consultant 65,451 $776.6K 2025-05-19 Morgan Stanley Smith Barney LLC … — EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
56 ETFs hold QUBT
25 shown · $304.52M total exposure · 0.02% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 QTUM Defiance Quantum ETF Nport 1.08% $67.7M — 2026-06-30
2 VTI Vanguard Morningstar Total Stock Market ETF Vanguard 0.00% $54.9M — 2026-09-30
3 VGT Vanguard Information Technology ETF Vanguard 0.02% $43.0M — 2026-09-30
4 IWM iShares Russell 2000 ETF iShares (BlackRock) 0.05% $34.1M $75.1B 2026-10-20
5 AIQ Global X Artificial Intelligence & Technology ETF Global X 0.24% $24.4M — 2026-10-21
6 VXF Vanguard Extended Market ETF Vanguard 0.02% $19.1M — 2026-09-30
7 SCHA Schwab U.S. Small-Cap ETF Nport 0.05% $10.9M — 2026-05-31
8 IWN iShares Russell 2000 Value ETF iShares (BlackRock) 0.08% $10.6M $13.7B 2026-10-20
9 VTWO Vanguard Russell 2000 ETF Vanguard 0.06% $10.1M — 2026-09-30
10 WQTM WisdomTree Quantum Computing Fund Nport 2.79% $9.2M — 2026-06-30
11 FTEC Fidelity MSCI Information Technology Index ETF Fidelity 0.02% $4.1M $21.3B 2026-10-20
12 FYC First Trust Small Cap Growth AlphaDEX® Fund First Trust 0.20% $2.7M $1.3B 2026-10-20
13 IWO iShares Russell 2000 Growth ETF iShares (BlackRock) 0.01% $1.9M $13.6B 2026-10-20
14 SMLF iShares U.S. Small-Cap Equity Factor ETF iShares (BlackRock) 0.04% $1.8M $4.2B 2026-10-20
15 ITOT iShares Core S&P Total U.S. Stock Market ETF iShares (BlackRock) 0.00% $1.7M $97.4B 2026-10-20
16 AVSC Avantis U.S. Small Cap Equity ETF Avantis 0.04% $1.4M $3.1B 2026-10-20
17 VTWV Vanguard Russell 2000 Value ETF Vanguard 0.10% $1.4M — 2026-09-30
18 SCHB Schwab U.S. Broad Market ETF Nport 0.00% $1.3M — 2026-05-31
19 SEIS SEI Select Small Cap ETF Nport 0.13% $780,423 — 2026-06-30
20 IGM iShares Expanded Tech Sector ETF iShares (BlackRock) 0.01% $687,440 $11.0B 2026-10-20
21 RSSL Global X Russell 2000 ETF Global X 0.05% $678,133 — 2026-10-21
22 CQTM Corgi Quantum Computing ETF Corgi 4.46% $662,297 $14.9M 2026-10-21
23 FYX First Trust Small Cap Core AlphaDEX® Fund First Trust 0.05% $649,181 $1.4B 2026-10-20
24 GARY Mango Growth ETF Nport 0.22% $555,966 — 2026-04-30
25 ONEQ Fidelity Nasdaq Composite Index ETF Fidelity 0.00% $516,178 $10.9B 2026-10-20
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-0.07
TTM Revenue
$9.82M
TTM Net Income
$-14.98M
TTM Op. Cash Flow
$-43.06M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q2 '262026-06-30$5.55M$-11.75M$-0.05$-13.87M
Q1 '262026-03-31$3.69M$-4.05M$-0.02$-9.42M
Q4 '252025-12-31$198.00K$-1.56M$0.01$-11.02M
Q3 '252025-09-30$384.00K$2.38M$0.01$-8.74M
Q2 '252025-06-30$61.00K$-36.48M$-0.26$-6.10M
Q1 '252025-03-31$39.00K$16.98M$0.11$-4.43M
Q4 '242024-12-31$62.00K$-51.24M$-0.54$-3.77M
Q3 '242024-09-30$101.00K$-5.67M$-0.06$-4.58M
Q2 '242024-06-30$183.00K$-5.19M$-0.06$-4.01M
Q1 '242024-03-31$27.00K$-6.44M$-0.08$-3.85M
Q4 '232023-12-31$75.00K$-6.84M$-0.09$-4.97M
Q3 '232023-09-30$50.00K$-7.06M$-0.10$-4.43M
Q2 2026 • period ending 2026-06-30 • filed 2026-08-10
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
0.87
P/S
140.97
EV/EBITDA
—
EV/Sales
121.72
ROE
-0.9%
ROA
-0.9%
Div Yield
0.00%
FCF Yield
-3.11%
Debt/Equity
0.00
Current Ratio
—
Market Cap
$1.38B
as of 2026-10-21
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
67.35M
SI % of Float
34.10%
Days to Cover
8.60
Short Vol Ratio
59.8%
Free Float
197.51M
Float %
87.3%
Short interest 2026-09-30 • Short volume 2026-10-21 • Float 2026-08-14