Wall Street analyst sets QUBT stock price target for 12 months
The post Wall Street analyst sets QUBT stock price target for 12 months appeared on BitcoinEthereumNews.com. As Quantum Computing Inc. (NASDAQ: QUBT) stock signals a macro reversal, Maxwell Michaelis, a Wall Street analyst at Lake Street, reiterated a bullish outlook on July 6. Michaelis maintained a Buy rating for QUBT stock, according to a note analyzed by Finbold on July 7, 2026. He also set a 12-month price target of $16 for Quantum Computing stock. The Wall Street analysts maintained a bullish outlook for Quantum Computing stock following its completed acquisition of NHanced Semiconductors. Notably, Quantum Computing acquired NHanced for a combined cash-and-share value of $73.1 million. The deal also includes an earnout of up to an additional $72.0 million. Michaelis framed the deal as a solid follow-up to the Luminar Semiconductor (LSI) acquisition, which closed in February. Moreover, the acquisitions could further deepen the company’s photonics manufacturing and advanced-packagi