S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NYSE:QBTS

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

$0.95
+0.03 (+3.25%)
(As of 09/21/2023 ET)
Compare
Today's Range
$0.87
$0.97
50-Day Range
$0.91
$2.91
52-Week Range
$0.40
$8.30
Volume
2.65 million shs
Average Volume
3.12 million shs
Market Capitalization
$138.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

D-Wave Quantum MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
554.9% Upside
$6.25 Price Target
Short Interest
Healthy
2.13% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of D-Wave Quantum in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.56) to ($0.57) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Computer And Technology Sector

306th out of 594 stocks

Data Processing & Preparation Industry

30th out of 62 stocks


QBTS stock logo

About D-Wave Quantum (NYSE:QBTS) Stock

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 Price History

QBTS Stock News Headlines

The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
D-Wave Quantum Inc. (QBTS)
D-Wave Quantum (QBTS) Gets a Buy from Benchmark Co.
D-Wave Reports Second Quarter Results
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.

QBTS Company Calendar

Last Earnings
8/10/2023
Today
9/21/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
215
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.25
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+476.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-51,530,000.00
Net Margins
-1,046.34%
Pretax Margin
-1,043.75%

Debt

Sales & Book Value

Annual Sales
$7.38 million
Book Value
($0.05) per share

Miscellaneous

Free Float
126,399,000
Market Cap
$138.81 million
Optionable
Not Optionable
Beta
-0.03
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Dr. Alan E. Baratz Ph.D. (Age 68)
    Pres, CEO & Director
    Comp: $766.35k
  • Mr. John M. Markovich (Age 66)
    Chief Financial Officer
    Comp: $494.05k
  • Ms. Victoria Brydon (Age 48)
    Chief People Officer
    Comp: $252.52k
  • Mr. Eric Ladizinsky
    Co-Founder & Chief Scientist
  • Ms. Diane Nguyen
    Gen. Counsel
  • Ms. Michelle Maggs
    VP of Corp. Marketing
  • Dr. Mark W. Johnson
    Sr. VP of Quantum Technologies & Systems Products













QBTS Stock - Frequently Asked Questions

Should I buy or sell D-Wave Quantum stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for D-Wave Quantum in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" QBTS shares.
View QBTS analyst ratings
or view top-rated stocks.

What is D-Wave Quantum's stock price forecast for 2023?

3 brokerages have issued 1-year price targets for D-Wave Quantum's shares. Their QBTS share price forecasts range from $4.00 to $10.00. On average, they predict the company's share price to reach $6.25 in the next twelve months. This suggests a possible upside of 554.9% from the stock's current price.
View analysts price targets for QBTS
or view top-rated stocks among Wall Street analysts.

How have QBTS shares performed in 2023?

D-Wave Quantum's stock was trading at $1.44 on January 1st, 2023. Since then, QBTS stock has decreased by 33.7% and is now trading at $0.9543.
View the best growth stocks for 2023 here
.

Are investors shorting D-Wave Quantum?

D-Wave Quantum saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,770,000 shares, a drop of 24.4% from the August 15th total of 2,340,000 shares. Based on an average trading volume of 5,830,000 shares, the short-interest ratio is currently 0.3 days. Currently, 2.1% of the shares of the stock are short sold.
View D-Wave Quantum's Short Interest
.

When is D-Wave Quantum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our QBTS earnings forecast
.

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

D-Wave Quantum Inc. (NYSE:QBTS) announced its quarterly earnings data on Thursday, August, 10th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.01. The business had revenue of $1.71 million for the quarter, compared to analysts' expectations of $1.80 million.

What guidance has D-Wave Quantum issued on next quarter's earnings?

D-Wave Quantum issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $11.00 million-$13.00 million, compared to the consensus revenue estimate of $12.17 million.

What is D-Wave Quantum's stock symbol?

D-Wave Quantum trades on the New York Stock Exchange (NYSE) under the ticker symbol "QBTS."

Who are D-Wave Quantum's major shareholders?

D-Wave Quantum's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.40%), Geode Capital Management LLC (0.38%), SG Americas Securities LLC (0.27%), Charles Schwab Investment Management Inc. (0.22%), State Street Corp (0.14%) and Two Sigma Securities LLC (0.07%). Insiders that own company stock include Emil Michael, Steven M West and Victoria Brydon.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is D-Wave Quantum's stock price today?

One share of QBTS stock can currently be purchased for approximately $0.95.

How much money does D-Wave Quantum make?

D-Wave Quantum (NYSE:QBTS) has a market capitalization of $138.81 million and generates $7.38 million in revenue each year. The company earns $-51,530,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis.

How many employees does D-Wave Quantum have?

The company employs 215 workers across the globe.

How can I contact D-Wave Quantum?

D-Wave Quantum's mailing address is 382 NE 191 STREET SUITE 24148, MIAMI FL, 33179. The official website for the company is www.dwavesys.com. The company can be reached via phone at 604-630-1428 or via email at info@dpcmcapital.com.

This page (NYSE:QBTS) was last updated on 9/22/2023 by MarketBeat.com Staff

My Account -