Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Quantum Computing, Inc. (QUBT)
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-04
$6.430.00%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologyComputer HardwareSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for QUBT yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Complete and integrate Luminar acquisition | A supporting condition in Quantum Computing, Inc.'s published investment case. The stated target is complete acquisition and begin integration by end of 2026-Q3. | Intact | acquisition not completed or integration delayed past 2026-Q3 | Acquisition completed 2026-06-23 vs target 2026-Q3 Form 8-K filed June 23, 2026 confirms completion of the acquisition. Nov 4, 2026Last status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 9, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Review earningsObserved price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is speculative growth, with a multi-year view tied to expanding quantum technology manufacturing and product offerings. Management is making progress on acquisitions and manufacturing, but the thesis state is watch and the signal recently shifted from mixed to cautious.
The valuation model shows QUBT at a 56.2% premium to peers, with low confidence and an expectations gap driven by optionality, meaning value investors place on future possibilities. The evidence labels this premium unjustified, though it does not show the full combination of expensive valuation, weak fundamentals, and turbulence.
Near term, results remain weak relative to the industry cohort, and the company is loss-making, despite revenue rising from $3.7 million in 2026-Q1 to $5.6 million in 2026-Q2. Over the multi-year thesis, acquisitions, Fab 1’s ramp, the early launch of Fab 2, and new products support expansion, but recent performance and volatile management are risks.
The central question is whether expanded manufacturing and product offerings can turn revenue growth into stronger financial performance. Near-term conditions could be helped by rate cuts or stabilization among major technology companies, while materially slower GDP growth could pressure growth-sensitive technology businesses.
The 1-to-3-year thesis remains a high-risk growth story with visible operating expansion but limited evidence of durable financial strength so far. The premium valuation and weak recent performance make execution the key issue. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A primary condition in Quantum Computing, Inc.'s published investment case. The stated target is reduce net loss by at least 20% YoY. |
| Broken |
| net losses do not improve or worsen over FY26 |
Net income: $-11.753M FY2026-Q2; GAAP. Published target: reduce net loss by at least 20% YoY. Annual target cannot be compared with a quarterly or TTM observation. Aug 10, 2026-11,753,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Sustain revenue growth above 50% YoY | A primary condition in Quantum Computing, Inc.'s published investment case. The stated target is >=50% YoY revenue growth. | Broken | YoY revenue growth falls below 50% next year | Revenue growth: 9,000% FY2026-Q2; GAAP. Published target: >=50% YoY revenue growth. Target period is not explicitly aligned with this observation. Aug 10, 20269,000 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-0.20 → $-0.19 · observed estimates
$0.04B → $0.05B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-25 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-26 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-27 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-28 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-29 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-30 | $-0.20 | $38,774,167 | 3 / 3 |
| 2026-07-31 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-01 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-02 | $-0.38 | $65,507,000 | 1 / 1 |
| 2026-08-03 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-04 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-05 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-06 | $-0.20 | $33,427,600 | 3 / 3 |
| 2026-08-07 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-08 | $-0.38 | $65,507,000 | 1 / 1 |
| 2026-08-09 | $-0.38 | $65,507,000 | 1 / 1 |
| 2026-08-10 | $-0.38 | $65,507,000 | 1 / 1 |
| 2026-08-12 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-13 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-14 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-15 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-16 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-17 | $-0.18 | $33,427,600 | 3 / 3 |
| 2026-08-18 | $-0.18 | $33,427,600 | 3 / 4 |
| 2026-08-19 | $-0.18 | $33,427,600 | 3 / 4 |
| 2026-08-20 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-21 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-22 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-23 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-24 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-25 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-26 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-27 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-28 | $-0.18 | $49,713,667 | 3 / 4 |
| 2026-08-29 | $-0.20 | $52,380,333 | 3 / 4 |
| 2026-08-30 | $-0.20 | $52,380,333 | 4 / 4 |
| 2026-08-31 | $-0.20 | $52,380,333 | 4 / 4 |
| 2026-09-01 | $-0.20 | $52,380,333 | 4 / 4 |
| 2026-09-02 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-03 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-04 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-05 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-06 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-07 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-08 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-09 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-10 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-11 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-12 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-13 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-14 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-15 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-16 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-17 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-18 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-19 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-20 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-21 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-22 | $-0.20 | $52,380,333 | 4 / 5 |
| 2026-09-23 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-24 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-25 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-26 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-27 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-28 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-29 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-09-30 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-01 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-02 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-03 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-04 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-05 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-06 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-07 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-08 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-09 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-10 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-11 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-12 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-13 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-14 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-15 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-16 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-17 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-18 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-19 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-20 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-21 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-22 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-23 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-24 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-25 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-26 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-27 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-28 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-29 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-10-30 | $-0.19 | $52,765,300 | 4 / 5 |
| 2026-10-31 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-11-01 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-11-02 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-11-03 | $-0.19 | $52,765,286 | 4 / 5 |
| 2026-11-04 | $-0.19 | $52,765,286 | 4 / 5 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 4 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 1 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
2 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.