Shares of Quantum Computing Inc. (QUBT) are soaring 10.92% in premarket trading on Friday, as part of a broader rally in quantum computing stocks. The surge comes on the day the company is set to release its third-quarter financial results for fiscal year 2025.

The premarket rally is not isolated to Quantum Computing Inc. Other quantum technology companies are also seeing significant gains, with Quantum Corp up over 14%, D-Wave Quantum rising 4%, and both IONQ and Rigetti Computing climbing around 3%. This sector-wide movement suggests growing investor interest in quantum technology stocks.

Investors are likely positioning themselves ahead of Quantum Computing Inc.'s earnings report, expected later today. The anticipation is high, especially considering that QUBT's stock has already appreciated more than 127% over the past year. As the quantum computing industry continues to evolve, market participants will be closely watching for signs of progress and growth in the company's financial results.