Key Highlights

  • Quantum Computing Inc. (QUBT) has 28.6% of its float sold short, with 11.3 days to cover.
  • Titan Partners started coverage at Buy with a $20 target around Sept. 22.
  • QUBT signed a three-year framework agreement with Hamad Bin Khalifa University in Qatar.

Quantum Computing Inc. (NASDAQ:QUBT) rose 0.33% to $9.19 in pre-market trading on above-average volume, with 28.6% of its float sold short and 11.3 days to cover. The photonic Quantum Computing company is down about 58% over the past year, but a new Buy rating with a $20 target and a Qatar Partnership are giving bulls something to work with.

Quantum Computing's short interest stands at 28.6 percent of the float, with more than 11 days needed to cover. Days to cover measures how long short sellers would need to buy back their shares at normal volume. At over 11 days, shorts would have trouble exiting if the stock ran, a classic squeeze setup.

Quantum stocks were among the hottest trades of 2025 and have cooled sharply since. QUBT's Q2 Revenue jumped to $5.6 million from $61,000 a year earlier, and the company holds about $189 million of cash with almost no debt. Some strategists warn that quantum names could fall first if speculative AI stocks sell off, which is why bears remain active.

Quantum Computing Inc. (QUBT) Lags Peers

Corsair rose 1.7% and Infleqtion 1.1%, for a peer median of +1.4%, ahead of QUBT. Trading activity was above average. The market Capitalization is about $2.1 billion, and the 52-week range is $6.18 to $25.84.

QUBT Levels and Valuation

Trailing-twelve-month revenue is $9.82 million, and the stock trades at about 209 times sales. Margins are deeply negative: gross -107.7%, operating -775.5% and net -152.5%. QUBT has 77 employees.

For squeeze traders, a strong break above recent highs on heavy Volume is the signal to watch. The consensus rating is Buy with an average target near $18.67, about double the current price.

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