Quantum Computing (QUBT) Set to Report Q3 Earnings Amid Surging Stock Performance
Quantum Computing (QUBT) prepares to unveil its third-quarter FY25 results on November 14, with shares soaring over 300% in the past year. The surge reflects heightened interest in its photonic technology and strategic partnerships, notably with POET Technologies (POET) for high-speed optical engine development. Despite minimal revenue, Optimism persists around chip production progress and order fulfillment.
Analysts project a narrowed loss of $0.06 per share, improving from $0.26 in Q2, while revenue is anticipated to reach $117K—nearly doubling quarterly figures. Lake Street analyst Max Michaelis maintains a Buy rating, forecasting potential 100% upside as quantum computing gains traction. "Early-stage growth narratives dominate," he notes, predicting accelerated revenue by 2026-2027.
