Company Overview
Quantum Computing Inc. reports its Q3 2025 earnings after today’s market close, and Wall Street is watching closely after the stock’s explosive 300%+ surge over the past year. The company specializes in integrated photonics and thin-film lithium niobate (TFLN) technology, positioning itself at the intersection of quantum computing and AI infrastructure.
Just three days ago on November 11th, QUBT announced a strategic collaboration with POET Technologies to co-develop 3.2 terabits-per-second optical engines for AI networks and hyperscale data centers. The partnership addresses the massive demand for high-speed data transfer in AI systems, targeting a market projected to reach $12 billion by 2030. Under the terms, POET will fund the development of 400G/Lane modulators with completion targeted for late 2026, validating QUBT’s TFLN technology and providing a funded path to commercialization.
Key Technical and Fundamental Drivers
Earnings Today → Q3 Results After Close Analysts expect Q3 revenue of $117K (up from $61K in Q2) and EPS of -$0.06 (improved from -$0.26 last quarter), with options traders pricing in a 7.9% move in either direction following results.
Analyst Optimism → 100%+ Upside Prediction Five-star-rated analyst Max Michaelis at Lake Street reaffirmed his Buy rating yesterday with a $24 price target, calling QUBT “a compelling way to participate in the rapidly growing market of quantum computing.”
Strategic Partnership → POET Technologies Deal Monday’s announcement of the 3.2Tbps optical engine collaboration addresses AI infrastructure bottlenecks and taps into a $12 billion addressable market by 2030, with POET funding the development.
Strong Financial Position → $824M Cash With approximately $824 million in cash after recent fundraising, QUBT has over 20 years of runway, providing financial security as the company scales its Tempe chip foundry and pursues commercialization.
First-Mover Advantage → Early Market Position Analysts cite QUBT’s early entry into quantum computing and photonics as creating a long runway for growth, with revenue expected to rise significantly in 2026-2027 as the industry matures.
Market Takeaway
Quantum Computing Inc. represents one of the most speculative yet potentially rewarding plays in the emerging quantum computing space. Today’s earnings report comes at a pivotal moment – just three days after announcing the POET Technologies partnership that validates QUBT’s TFLN technology and provides a funded development path. The timing of these catalysts creates an intriguing setup for traders willing to embrace volatility.
With analysts maintaining a “Strong Buy” consensus and price targets ranging from $15 to $40 (averaging $26.33), there’s significant divergence in how Wall Street values this early-stage company. The $2.4 billion market cap reflects optimism about quantum computing’s future, but the minimal current revenue underscores the speculative nature of the investment. The company is approaching what analysts call an “inflection point” where revenue should begin accelerating in 2026-2027 as its chip foundry scales and partnerships like POET begin generating meaningful business.
Traders should watch for progress on chip production, order delivery, and signs that revenue is starting to materially grow. The combination of strong financial backing, strategic partnerships, and positioning in both quantum computing and AI infrastructure gives QUBT multiple paths to success. However, the stock’s 800% rally over the past year and extended valuation means volatility will likely remain high. Today’s earnings could provide crucial insights into whether the company’s operational progress is catching up to its valuation.