Quantum Computing: Speculative At Best

Summary:

• QCI has made bold statements about its technology but has insufficient proof of concept at this point.
• This is an unprofitable company in a nascent industry, so this is a speculative asset.
• QCI needs to generate consistent and meaningful cash flow in 2023, or insolvency becomes a looming threat.
• If you are a risk-lover who dreams of finding that big winner, this stock has that potential.

Valuation and Alternative Options:

Valuing a company like Quantum Computing, Inc. (NASDAQ:QUBT), also referred to as (QCI), is hard. Our preferred method of valuation is taking a look at free cash flow to equity, but that is mostly

Analyst’s Disclosure: I/we have a beneficial long position in the shares of QUBT either through stock ownership, options, or other derivatives. 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.

We have a position in QUBT at an average cost of $1.55 per share. We are not looking to add to the position at this time and will continue to closely monitor the performance of QCI and future press releases to gauge our comfort with this investment. Please do not make investment decisions exclusively based on the content of 1 article, and please extensively consider the risks involved in this investment.

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