Free Trial
NYSE:QBTS

D-Wave Quantum (QBTS) Stock Price, News & Analysis

$1.03
-0.04 (-3.72%)
(As of 07/19/2024 ET)
Today's Range
$1.01
$1.07
50-Day Range
$1.04
$1.41
52-Week Range
$0.57
$2.90
Volume
5.42 million shs
Average Volume
4.06 million shs
Market Capitalization
$177.26 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.80

D-Wave Quantum MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
170.5% Upside
$2.80 Price Target
Short Interest
Healthy
5.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of D-Wave Quantum in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$81,920 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.37) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.14 out of 5 stars

Computer And Technology Sector

400th out of 577 stocks

Data Processing & Preparation Industry

35th out of 51 stocks

QBTS stock logo

About D-Wave Quantum Stock (NYSE:QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.

QBTS Stock Price History

QBTS Stock News Headlines

D-Wave Quantum (NYSE:QBTS) Stock Price Down 9.8%
Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
See More Headlines
Receive QBTS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for D-Wave Quantum and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/13/2024
Today
7/19/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.80
High Stock Price Target
$4.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+170.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-82,710,000.00
Net Margins
-778.56%
Pretax Margin
-784.45%

Debt

Sales & Book Value

Annual Sales
$8.76 million
Book Value
($0.15) per share

Miscellaneous

Free Float
158,904,000
Market Cap
$177.26 million
Optionable
Optionable
Beta
0.98
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Dr. Alan E. Baratz Ph.D. (Age 69)
    President, CEO & Director
    Comp: $766.35k
  • Mr. John M. Markovich (Age 67)
    Chief Financial Officer
    Comp: $494.05k
  • Mr. Eric Ladizinsky
    Co-Founder and Fellow
  • Ms. Diane Nguyen
    General Counsel
  • Ms. Michelle Maggs
    Vice President of Corporate Marketing
  • Dr. Mark W. Johnson
    Senior Vice President of Quantum Technologies & Systems Products

QBTS Stock Analysis - Frequently Asked Questions

How have QBTS shares performed this year?

D-Wave Quantum's stock was trading at $0.8801 at the beginning of the year. Since then, QBTS stock has increased by 17.6% and is now trading at $1.0350.
View the best growth stocks for 2024 here
.

How were D-Wave Quantum's earnings last quarter?

D-Wave Quantum Inc. (NYSE:QBTS) posted its earnings results on Monday, May, 13th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.03. The business earned $2.47 million during the quarter, compared to the consensus estimate of $2.75 million.

Who are D-Wave Quantum's major shareholders?

Top institutional shareholders of D-Wave Quantum include Baader Bank Aktiengesellschaft (0.01%). Insiders that own company stock include Emil Michael, Victoria Brydon, Diane Nguyen and Steven M West.
View institutional ownership trends
.

How do I buy shares of D-Wave Quantum?

Shares of QBTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:QBTS) was last updated on 7/19/2024 by MarketBeat.com Staff

From Our Partners