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Here’s How Quantum Computing (QUBT)’s Shares Behaved After Jim Cramer Said He Was “Concerned” In January 2025
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Quantum Computing, Inc. (NASDAQ:QUBT) is one of the Jim Cramer’s Biggest Quantum Computing & Data Center Stock Hits. Quantum Computing, Inc. (NASDAQ:QUBT) is a computer hardware company that sells products such as an Entropy Quantum Computer and a sensor that uses quantum technology. Its shares are down by 14% over the past year and by 57% since Cramer discussed the firm in January 2025. Since then, the quantum computing sector has been dealt with a lot of blows to which Quantum Computing, Inc. (NASDAQ:QUBT) hasn’t been immune. For instance, the shares fell by 48% in January after Cramer’s comments due to investor reaction to NVIDIA CEO Jensen Huang’s comments about the quantum computing industry at the CES conference, Huang, widely considered to be one of the top authorities in the computer industry, had commented that he believed useful quantum computers were as much as 30 years in the future. Then, the stock closed 11.7% lower on March 20th after the firm reported its Q4 2024 earnings. However, Quantum Computing, Inc. (NASDAQ:QUBT)’s shares then surged by 11% in May after its first quarter earnings and would cross $24 in October before dipping below $8 this year. In his Mad Money appearance on January 2nd, Cramer remarked that he was concerned about the firm: “I’m also concerned about a company called Quantum Computing, $2.4 billion, with $400,000 in revenues in the last 12 months and again, very big losses.” Pixabay/Public Domain While we acknowledge the potential of QUBT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.