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News  ›  The Motley Fool

Is Quantum Computing Inc. Stock a Buy Now?

The Motley Fool Logo The Motley Fool By Robert Izquierdo
Is Quantum Computing Inc. Stock a Buy Now?

Quantum Computing Inc. (QUBT) has seen its stock surge over 1,000% in 12 months, using photonic quantum computing technology for applications like cybersecurity. However, the company has minimal sales, high operating expenses, and an expensive valuation, making it a risky investment currently.

Insights
JEF   neutral

Serving as book-running manager for the offering, performing a standard financial service role


QUBT   negative

Despite stock surge, the company has declining revenue (67% year-over-year drop), rising operating costs (91% increase), minimal sales ($61,000 in Q2), and an overvalued stock price compared to competitors