Wall Street analyst sets QUBT stock price target for 12 months

Wall Street analyst sets QUBT stock price target for 12 months

As Quantum Computing Inc. (NASDAQ: QUBT ) stock signals a macro reversal, Maxwell Michaelis, a Wall Street analyst at Lake Street, reiterated a bullish outlook on July 6. Michaelis maintained a Buy rating for QUBT stock , according to a note analyzed by Finbold on July 7, 2026. He also set a 12-month price target of $16 for Quantum Computing stock. The Wall Street analysts maintained a bullish outlook for Quantum Computing stock following its completed acquisition of NHanced Semiconductors. Notably, Quantum Computing acquired NHanced for a combined cash-and-share value of $73.1 million. The deal also includes an earnout of up to an additional $72.0 million. Michaelis framed the deal as a solid follow-up to the Luminar Semiconductor (LSI) acquisition, which closed in February. Moreover, the acquisitions could further deepen the company’s photonics manufacturing and advanced-packaging capabilities.

QUBT stock forecast and performance Following the bullish rating review from Michaelis, 5 Wall Street analysts surveyed by TipRanks, over the past three months have set an average 12-month price target for QUBT stock at $16. Additionally, the analyst surveyed had a Moderate Buy on Quantum Computing stock. QUBT stock forecast. Source: TipRanks The highest Quantum Computing stock price forecast at press time was $22, while the lowest prediction was around $10. With Quantum Computing stock price trading at about $8.7 on Tuesday, both Michaelis and the average target from Wall Street analysts show a potential 83.9% upside. Year-to-date (YTD), Quantum Computing’s stock price has dropped by over 55%. As such, the company had a total market capitalization of nearly $2.1 billion. QUBT stock 1-year chart. Source: Finbold However, QUBT stock price has been signaling a potential reversal over the past few months, which could align with analysts’ expectations. Moreover, the company has strong fundamentals and is part of the small-cap Quantum Computing stocks.