Quantum Computing seen as undervalued at $23.67 a share
Updated
Updated · Simply Wall St · May 3
Quantum Computing seen as undervalued at $23.67 a share
8 articles · Updated · Simply Wall St · May 3
The estimate compares with QUBT's $9.21 last close, as the company says its NeuraWave photonic reservoir computing platform is deployment-ready and will be shown at Needham's technology conference.
Shares have risen 34.06% over the past month but remain down 16.35% this year, reflecting volatility around product milestones despite roughly sevenfold total shareholder returns over three years.
The bullish case depends on rapid AI and quantum adoption from a $682,000 revenue base, wider acceptance of thin-film lithium niobate, and scaling toward volume manufacturing by decade-end.
Can QUBT's photonic quantum technology overcome real-world adoption barriers and deliver on its ambitious growth and profitability targets?
With rapid TFLN market growth but supply risks, how will QUBT ensure reliable, cost-effective manufacturing at scale?