QUBT Rallies With the Rest of Quantum Computing, but Don’t Buy the Hype
Key takeaways
- QUBT is rallying on sector momentum from federal policy support directed at other quantum companies, not on fundamental improvements or actual government backing.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and Quantum Computing wasn t one of them.
- Quantum computing stocks are flying again, lifted by a wave of policy enthusiasm after reports that the Trump administration is taking stakes in select quantum names.
QUBT Rallies With the Rest of Quantum Computing, but Don’t Buy the Hype Rich Duprey Fri, May 22, 2026 at 11:04 PM GMT+7 3 min read QUBT NVDA RGTI IONQ Quick Read Quantum Computing (QUBT) surged 19.35% on May 21 and another 15.64% on May 22 to $13.20, but was not a beneficiary of Trump administration investments that lifted peers Rigetti Computing (RGTI) and Ion Q (IONQ). QUBT carries a $2.99B market cap against only $3.691M in Q1 2026 revenue (which missed estimates by 24.77%), a price-to-sales ratio of 497, negative gross profit of $721K, and operating losses of $20.55M with just $16M in contract backlog.
QUBT is rallying on sector momentum from federal policy support directed at other quantum companies, not on fundamental improvements or actual government backing.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Quantum Computing wasn t one of them. Get them here FREE.