Added to YB: 2024-12-02
Pitch date: 2024-11-27
QUBT [bearish]
Quantum Computing Inc.
-71.81%
current return
Author Info
Iceberg Research identifies substantial earnings misrepresentation and accounting irregularities in financial statements issued by public companies. Sign up for the newsletter.
Company Info
Quantum Computing Inc., an integrated photonics company, provides quantum machines to commercial and government markets in the United States.
Market Cap
$2.4B
Pitch Price
$6.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
-54.41
P/E
-20.92
EV/Sales
3.3K
Sector
Technology Hardware, Storage and Peripherals
Category
N/A
Quantum Computing Inc.: the Phantom Chip Foundry
QUBT short: Foundry claims false, no evidence of facility at ASU Research Park. UT Austin order small, unreviewed PR. Pivot from quantum to AI to chips. Challenging TFLN tech, weak partnerships, toxic financing. History of hype without substance. Recent $40M raise on dubious PRs.
Read full article (4 min)