• Edward Woo from Ascendiant set a new price target of $40 for Quantum Computing Inc. (NASDAQ:QUBT), suggesting a potential increase of 62.47%.
• Ascendiant Capital Markets reiterated its Buy rating, raising the price target from $22 to $40, indicating a potential rise of 86%.
• QUBT's stock price has seen a notable increase of 23.22%, with fluctuations between $20.91 and $25.84 in a single day, showcasing significant volatility.

Quantum Computing Inc. (NASDAQ:QUBT) is a company focused on developing quantum computing solutions. It aims to harness the power of quantum mechanics to solve complex problems faster than traditional computers. The company operates in a competitive landscape with other tech giants exploring quantum technology.

On October 3, 2025, Edward Woo from Ascendiant set a price target of $40 for QUBT. At that time, the stock was priced at $24.62, suggesting a potential increase of about 62.47%. Ascendiant Capital Markets also reiterated its Buy rating, raising the price target from $22 to $40, indicating a potential rise of 86%.

QUBT's stock price has seen a notable increase of 23.22%, with a change of $4.64. The stock has fluctuated between $20.91 and $25.84 today. Over the past year, it reached a high of $27.15 and a low of $0.65, showing significant volatility.

The company's market capitalization is approximately $3.94 billion, reflecting its size in the market. With a trading volume of 118.11 million shares, QUBT is actively traded on the NASDAQ exchange, indicating strong investor interest.