Market Pulse59Neutral

Quantum Computing, Inc.Opportunity Rank #295(QUBT) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$9.63

Last updated: May 08, 2026

Price vs Intrinsic Value

$9.63
Price
$4.99
Intrinsic Value
Overvalued by 48%MOS: $3.99

Fundamental Score

3/100
Bearish

Weighted across 6 signals

Narrative Score

57/100
Improving

No change vs previous

Trend Score

56/100
Constructive

As of 2026-05-08

The intrinsic value of Quantum Computing, Inc. (QUBT) is estimated at $4.99 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $9.63, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -32.61% long-term growth rate and a 12.15% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Quantum Computing, Inc. (QUBT) is estimated at $4.99 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $9.63, the stock appears overvalued relative to its projected cash flow fundamentals. This estimate assumes a -32.61% long-term growth rate and a 12.15% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$4.99
▼ -48.18% downside
20% margin of safety: $3.99
Years: 10Growth Rate: -32.61%
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Capital Efficiency

Average Quarterly ROIC
-7.28%
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

3/100
BearishWeighted across 6 signals
DCF Discount
48.2% premium to price
0
FCF Yield
-1.8% trailing FCF yield
0
ROIC vs WACC
ROIC -7.3% vs WACC 7.0% (-1.0x)
0
Net Debt / FCF
47.3x net debt to FCF
0
Buybacks
Share count growing
30
FCF CAGR (5Y)
-40.2% 5Y FCF CAGR (adjusted)
0
Pressure from: DCF Discount, FCF Yield.

Narrative Details

57/100
Improving
Vs 6-Month Baseline:Above Avg (79th pct)Weighted across 5 recent drivers
Trend: Improving upConfidence: 73%Updated: 18h ago
Sources: 24 (22 News · 2 Analyst)
Drivers(last 30 days)
17 news sentiment+0.7
3 regulatory scrutiny-0.0
Legal risk-0.0
Upgrade headlines+0.0
2 analyst reiterations0.0

Trend Details

56/100
ConstructiveAs of 2026-05-08311 daily bars used
Distance from 52-Week High-61.0%
6M Relative Strength vs SPY-41.2%
Price vs 50 EMA+9.9%
Price vs 21 EMA83 · +6.5%
Price vs 50 EMA87 · +9.9%
21 EMA vs 50 EMA74 · +3.2%
3M RS vs SPY30 · -5.0%
6M RS vs SPY1 · -41.2%
Distance from 52W High0 · -61.0%

Investment Coach

Updated 16h ago
AVOIDConfidence: 90%
Thesis
Quantum Computing, Inc. is currently overvalued by approximately 48% with weak fundamentals including negative ROIC and high leverage, leading to trailing returns below its cost of capital. Despite an improving narrative trend, the company's financial health and valuation do not support investment at this time.
Key Risk
The key risk is the company's elevated leverage at 47.3x net debt to free cash flow, which may impair financial flexibility and increase default risk.
Signals To Watch
  • Price moves to at least a mid-teens discount to fair value
  • Sustained improvement in ROIC versus WACC spread
  • Meaningful shifts in narrative trend score direction
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR (Adjusted): -32.59%5 Year CAGR (Adjusted): -43.79%

Free Cash Flow (in millions)

TTM202520242023202220212020201920182017201220112010
-$24-$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. focuses on providing software tools and applications for quantum computers in Virginia. The company offers Qatalyst, a quantum application accelerator that enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers as well as provides multiple quantum processing units including DWave, Rigetti, and IonQ. It focuses on serving commercial and government entities. The company, formerly known as Innovative Beverage Group Holdings, Inc. Quantum Computing, Inc. was founded in 2018 and is based in Leesburg, Virginia.