QUBT

Quantum Computing Inc.

2026-01-16 04:54 PM

+6.20%

QUBT continues rally as market digests Rosenblatt's bullish $22 price target

Quantum Computing shares extended gains following Rosenblatt's initiation of coverage with a Buy rating and $22 price target on January 15th. The analyst cited the company's 'legitimate' quantum assets across photonics, compute, security, and sensing, highlighting its thin film lithium niobate fabs as a potential supply source for integrated quantum photonics.

Analysis

This marks the continuation of a multi-day rally pattern, with QUBT gaining sharply on the Rosenblatt initiation yesterday and adding to those gains today as investors digest the bullish thesis. The $22 price target implies roughly 70% upside from current levels, which appears to be sustaining buying interest. Normal volume suggests the move reflects ongoing absorption of the analyst catalyst rather than new institutional accumulation.

Sources

Date: 2026-01-16

Price: $12.93

Type: Stock Specific

Confidence: high