Investors in Quantum Computing Inc. (NASDAQ: QUBT) have seen the stock drop by over 30% in the past year, despite hitting a high of $25.84 in September. The company recently made an acquisition of Luminar Semiconductor for $110 million, signaling a shift towards revenue-generating hardware.

While the deal with Luminar Semiconductor is expected to close in a year, Quantum Computing Inc. faces challenges such as a high expense-to-revenue ratio and a history of shareholder dilution. The company’s stock has fluctuated based on market sentiment and the success of its recent acquisition.

Quantum Computing Inc. holds valuable patents in quantum photonics and has a first-mover advantage in the industry. However, the future of quantum computing remains uncertain, with the technology not yet commercially viable. The company’s financial position is still precarious, making its stock a high-risk investment for now.

Read more at Yahoo Finance: Will Quantum Computing Inc. (QUBT) Stock Keep Its Losing Streak Going in 2026?