Zapata Quantum Inc., a company listed on the OTC Bulletin Board, has been a focal point of interest in the quantum computing sector. As of February 18, 2026, the company’s stock closed at $1.03. Over the past year, the stock has experienced significant volatility, with a 52-week high of $1.88 on December 25, 2025, and a 52-week low of $0.0001 on June 19, 2025. This volatility underscores the speculative nature of the market’s perception of Zapata Quantum’s potential.
The company’s market capitalization stands at approximately $171.79 million, reflecting its current valuation in the market. However, the financial metrics present a mixed picture. The price-to-earnings (P/E) ratio is notably high at 69.29, indicating that investors are willing to pay a premium for the company’s earnings, possibly due to expectations of future growth in the quantum computing industry. Conversely, the price-to-book (P/B) ratio is negative at -11.2343, suggesting that the company’s book value per share is negative, which can be a concern for investors looking for tangible asset backing.
Zapata Quantum Inc. is a blank check company, originally known as Andretti Acquisition Corp., based in Indianapolis, USA. Its primary objective is to acquire one or more businesses and assets through various means, including mergers, stock exchanges, asset acquisitions, stock purchases, and reorganizations. This strategic approach allows the company to pivot and adapt to emerging opportunities in the quantum computing space.
As of the latest update, there have been no new disclosures from Zapata Quantum. The most recent public statement was made by CEO Sumit Kapur on January 20, 2026, during an address to global leaders in Davos. In this address, Kapur discussed the forthcoming phase of quantum applications, highlighting the company’s strategic direction and potential impact on the industry.
The company’s focus on quantum applications positions it at the forefront of a rapidly evolving technological landscape. Quantum computing promises to revolutionize various industries by solving complex problems that are currently intractable for classical computers. Zapata Quantum’s strategic initiatives and leadership’s vision suggest a commitment to leveraging this technology to drive innovation and growth.
In summary, Zapata Quantum Inc. is navigating a volatile market environment with a high P/E ratio and a negative P/B ratio. Its strategic focus on acquiring and developing quantum computing capabilities positions it as a potential leader in this transformative field. Investors and stakeholders will be closely monitoring the company’s progress and strategic acquisitions as it seeks to capitalize on the burgeoning quantum computing market.
