Quantum Computing: All The Right Moves For Takeoff

Summary

• Quantum Computing Inc., a.k.a. QCi, is well-positioned in the quantum tech space, boasting strong cash reserves and recent product shipments in the photonic integrated circuit market.
• QCi's TFLN-based chip foundry is operational, supporting future revenue acceleration, but the company remains in a pre-revenue stage, selling mainly to R&D budgets of institutions.
• Despite a promising outlook and potential to reclaim its $27 ATH, the stock's recent 180% surge makes further upside less likely in the near term.
• Given the speculative nature and current valuation, I recommend a Hold rating on QCi until revenue growth materializes and risk/reward improves.

blackdovfx

Investment Thesis

The quantum computing landscape is evolving rapidly, with both small-scale and large companies swiftly progressing towards mainstream adoption in the next few years.

Most quantum computing pure play companies today are still in pre-revenue stages, which means these companies

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.