---
title: "QUBT Earnings: Quantum Computing Stock Slips after Beating Q1 Estimates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285991115.md"
description: "Shares of Quantum Computing (QUBT) fell in after-hours trading despite beating Q1 earnings estimates with a loss of -$0.02 per share, compared to the expected -$0.05. Revenue surged to $3.7 million from $39,000 year-over-year, surpassing the $3.13 million forecast. Analysts maintain a Moderate Buy consensus on QUBT, with an average price target of $17.83, indicating a potential upside of 75.4%. However, estimates may adjust following the earnings report."
datetime: "2026-05-11T20:10:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285991115.md)
  - [en](https://longbridge.com/en/news/285991115.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285991115.md)
---

# QUBT Earnings: Quantum Computing Stock Slips after Beating Q1 Estimates

Shares of Quantum Computing (QUBT) slipped in after-hours trading after the company reported earnings for its first quarter of Fiscal Year 2026. Earnings per share came in at -$0.02, which beat analysts' consensus estimate of -$0.05 per share.

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In addition, sales increased significantly year-over-year, with revenue hitting $3.7 million versus the $39,000 in Q1 2025. This beat analysts' expectations of $3.13 million.

## **Is QUBT Stock a Good Buy?**

Turning to Wall Street, analysts have a Moderate Buy consensus rating on QUBT stock based on four Buys, two Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average QUBT price target of $17.83 per share implies 75.4% upside potential. However, it's worth noting that estimates will likely change following today's earnings report.

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