Quantum-Si Incorporated (NASDAQ:QSI) price on Thursday, March 20, fall -9.32% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.41.
A look at the stock’s price movement, the close in the last trading session was $1.55, moving within a range at $1.39 and $1.51. The beta value (5-Year monthly) was 2.786. Turning to its 52-week performance, $5.77 and $0.61 were the 52-week high and 52-week low respectively. Overall, QSI moved -26.18% over the past month.
Quantum-Si Incorporated’s market cap currently stands at around $258.23 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Analysts have a consensus estimate of 962.33k for the company’s revenue for the quarter, with a low and high estimate of 900k and 1.01M respectively. The average forecast suggests up to a 110.58% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.67M, representing a 150.74% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that QSI is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
QSI’s current price about 0.98% and -24.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.97, while 7-day volatility ratio is 13.33% and 11.11% in the 30-day chart. Further, Quantum-Si Incorporated (QSI) has a beta value of 2.63, and an average true range (ATR) of 0.19. Analysts have given the company’s stock an average 52-week price target of $3.65, forecast between a low of $3.65 and high of $3.65. Looking at the price targets, the low is -158.87% off current price level while to achieve the yearly target high, price needs to move -158.87%. Nonetheless, investors will most likely welcome a -158.87% jump to $3.65 which is the analysts’ median price.
If we refocus on Quantum-Si Incorporated (NASDAQ:QSI), historical trading data shows that trading volumes averaged 12.08 over the past 10 days and 26.82 million over the past 3 months. The company’s latest data on shares outstanding shows there are 146.95 million shares.
The 26.85% of Quantum-Si Incorporated’s shares are in the hands of company insiders while institutional holders own 25.60% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17.66 million on 2025-02-28, giving us a short ratio of 1.94. The data shows that as of 2025-02-28 short interest in Quantum-Si Incorporated (QSI) stood at 1391.9999999999998 of shares outstanding, with shares short falling to 18.73 million registered in 2025-01-31. Current price change has pushed the stock -47.78% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the QSI stock continues to rise going into the next quarter.
