Quantum Computing Signs 3-Year Qatar University Deal as Shares Fall 21% in 3 Months
Updated
Updated · Yahoo Finance · Sep 15
Quantum Computing Signs 3-Year Qatar University Deal as Shares Fall 21% in 3 Months
3 articles · Updated · Yahoo Finance · Sep 15
Summary
Quantum Computing signed a three-year framework agreement with Hamad Bin Khalifa University to collaborate on quantum computing, sensing and communications.
The Qatar deal lands as investor sentiment has weakened: QUBT shares are down about 11.5% over the past month, 21% over the past quarter and 53% over one year.
At a last close near $7.97, the stock still trades far below a widely followed fair-value estimate of $18.33, a gap tied to expectations for revenue growth above 280% annually over the next three years.
That valuation case also assumes QCi can turn a $39.7 million loss into a roughly $1.8 million profit by 2029, even with about 7% annual share issuance and projected margins near 0.73%.