Rosenblatt Initiates Coverage of Quantum Computing (QUBT) Stock

Quantum Computing Inc. (NASDAQ:QUBT) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Rosenblatt initiated coverage of the company’s stock with a “Buy” rating and a price objective of $22, as reported by The Fly. The analyst highlighted the company’s quantum assets across photonics, compute, security, and sensing, as well as its thin-film lithium niobate (TFLN) fabrication facilities, which can supply both internal and industry needs for integrated quantum photonics.

Rosenblatt Initiates Coverage of Quantum Computing (QUBT) Stock

The firm likes Quantum Computing Inc.’s (NASDAQ:QUBT) risk/reward, seeing an immediate opportunity to participate in quantum computing.

In a separate update, on January 12, Quantum Computing Inc. (NASDAQ:QUBT) announced that, following the previously-announced agreement to acquire Luminar Semiconductor, Inc., it submitted a bid and was selected as the stalking-horse bidder for the remaining assets of Luminar.

Under the stalking-horse agreement, Quantum Computing Inc. (NASDAQ:QUBT) agreed to serve as the initial bidder for the remaining Luminar assets at a purchase price of ~$22 million. However, this remains subject to higher or better offers received via the auction process and other customary T&Cs.

Quantum Computing Inc. (NASDAQ:QUBT) is an integrated photonics company that offers quantum machines to commercial and government markets.

While we acknowledge the potential of QUBT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QUBT and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.