Market Pulse46Neutral

Quantum Computing, Inc.Opportunity Rank #297(QUBT) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$8.66

Last updated: Jul 13, 2026

Price vs Intrinsic Value

$8.66
Price
$5.78
Intrinsic Value
Overvalued by 33%MOS: $4.62

Fundamental Score

8/100
Bearish

Weighted across 6 signals

Narrative Score

69/100
Improving

-6 vs previous

Trend Score

34/100
Weak

As of 2026-07-10

The intrinsic value of Quantum Computing, Inc. (QUBT) is estimated at $5.78 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $8.66, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -33.39% long-term growth rate and a 12.14% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Quantum Computing, Inc. (QUBT) is estimated at $5.78 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $8.66, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -33.39% long-term growth rate and a 12.14% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$5.78
▼ -33.26% downside
20% margin of safety: $4.62
Years: 10Growth Rate: -33.39%
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Capital Efficiency

Average Quarterly ROIC
-15.24%
Cost of Capital (estimated)7%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

8/100
BearishWeighted across 6 signals
DCF Discount
33.3% premium to price
0
FCF Yield
-2.4% trailing FCF yield
0
ROIC vs WACC
ROIC -15.2% vs WACC 7.0% (-2.2x)
0
Net Debt / FCF
34.5x net debt to FCF
0
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
-43.9% 5Y FCF CAGR (adjusted)
0
Strengths: Buybacks. Concerns: DCF Discount, FCF Yield.

Narrative Details

69/100
Improving
-6 vs previous · +1 new driversVs 6-Month Baseline:High (86th pct)Weighted across 4 recent drivers
Trend: StableConfidence: 85%Updated: 4h ago
Sources: 57 (54 News · 3 Analyst)
Drivers(last 30 days)
9 regulatory scrutiny+1.1
44 news sentiment+0.8
Margin pressure+0.0
3 analyst reiterations0.0

Trend Details

34/100
WeakAs of 2026-07-10309 daily bars used
Distance from 52-Week High-64.8%
6M Relative Strength vs SPY-35.1%
3M Relative Strength vs SPY+16.7%
Price vs 21 EMA8 · -9.5%
Price vs 50 EMA8 · -11.2%
21 EMA vs 50 EMA34 · -2.0%
3M RS vs SPY94 · +16.7%
6M RS vs SPY2 · -35.1%
Distance from 52W High0 · -64.8%

Investment Coach

Updating... 32d ago
AVOIDConfidence: 89%
Thesis
Quantum Computing, Inc. is currently overvalued by approximately 39% with weak fundamentals, including a negative ROIC spread and declining free cash flow growth, despite a strong and improving narrative score. The company’s buybacks are notable but insufficient to offset fundamental weaknesses.
Key Risk
Continued poor returns on invested capital relative to the cost of capital could further depress valuation and financial performance.
Signals To Watch
  • Price moving to at least a mid-teens discount to fair value.
  • Improvement in ROIC versus WACC spread.
  • Meaningful shifts in the narrative score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR (Adjusted): -33.41%5 Year CAGR (Adjusted): -46.46%

Free Cash Flow (in millions)

TTM202520242023202220212020201920182017201220112010
-$29-$24-$10-$16-$15-$7-$12-$2-$2$0$00$0$

How Intrinziq Estimates Fair Value

Intrinziq estimates Quantum Computing, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Quantum Computing, Inc.Technology

Quantum Computing, Inc. (QUBT) is a Virginia-based technology firm dedicated to developing advanced software solutions for quantum computing. A cornerstone of their offerings is Qatalyst, a quantum application accelerator designed to empower developers. This platform allows users to design and execute 'quantum-ready' applications on conventional computing systems, ensuring seamless transition and compatibility with actual quantum hardware. Furthermore, QCI provides access to a variety of leading quantum processing units (QPUs), including D-Wave, Rigetti, and IonQ. The company primarily serves commercial enterprises and government organizations. Founded in 2018 and headquartered in Leesburg, Virginia, Quantum Computing, Inc. was previously known as Innovative Beverage Group Holdings, Inc.