Quantum Computing Inc (NASDAQ: QUBT) Stock Skyrockets on Massive Financing & AI Hype – Bubble or Breakthrough?
QUBT shares surged over 2,500% year-to-date, reaching $16.79 intraday on Oct. 31, 2025, after a $750 million at-market stock offering earlier in the month. The company, still pre-revenue, reported a $36 million Q2 loss on $61,000 in sales. Recent government contracts include NASA and NIST deals. Analyst targets range from $15 to $40, with warnings of a possible “hype bubble.”