Why These 15 AI Stocks Are Plunging So Far in 2025

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2. Quantum Computing Inc (NASDAQ:QUBT)

Number of Hedge Fund Holders In Q4 2024: 6

Quantum Computing Inc (NASDAQ:QUBT) is a quantum computing company.

The stock is down significantly so far in 2025 due to the broader AI industry starting to correct as investors turn sour. Microsoft canceled some of its data center leases and the spillover effect is partly why QUBT stock has declined.

Several class action lawsuits have been filed against Quantum Computing Inc., alleging that the company overstated its tech, progress on its thin-film lithium niobate (TFLN) foundry, and revenues from related-party transactions.

Furthermore, Microsoft’s Majorana announcement was a great breakthrough, but it failed to drive up long-term hype in quantum computing stocks.

As with most quantum computing startups, the company is dilutive and unprofitable.

The consensus price target of $8.5 implies 24.09% upside.

QUBT is down 58.58% year-to-date.

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