NYSE:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis → After Conviction, More Bad News for Trump (From Paradigm Press) (Ad) Free QBTS Stock Alerts $1.16 -0.04 (-3.33%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$1.13▼$1.2150-Day Range$1.16▼$2.0252-Week Range$0.57▼$3.20Volume2.68 million shsAverage Volume3.41 million shsMarket Capitalization$198.67 millionP/E RatioN/ADividend YieldN/APrice Target$2.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get D-Wave Quantum alerts: Email Address D-Wave Quantum MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside141.4% Upside$2.80 Price TargetShort InterestHealthy5.52% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.37Based on 8 Articles This WeekInsider TradingSelling Shares$81,920 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.37) to ($0.34) Per ShareSee Full Details Hide Full Details 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.2.47 out of 5 starsComputer And Technology Sector355th out of 573 stocksData Processing & Preparation Industry30th out of 59 stocks 3.5 Analyst's Opinion Consensus RatingD-Wave Quantum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageD-Wave Quantum has only been the subject of 4 research reports in the past 90 days.Read more about D-Wave Quantum's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.52% of the float of D-Wave Quantum has been sold short.Short Interest Ratio / Days to CoverD-Wave Quantum has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in D-Wave Quantum has recently decreased by 17.50%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldD-Wave Quantum does not currently pay a dividend.Dividend GrowthD-Wave Quantum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for QBTS. Previous Next 2.4 News and Social Media Coverage News SentimentD-Wave Quantum has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for D-Wave Quantum this week, compared to 4 articles on an average week.Search InterestOnly 32 people have searched for QBTS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows21 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 91% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, D-Wave Quantum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $81,920.00 in company stock.Percentage Held by InsidersOnly 7.22% of the stock of D-Wave Quantum is held by insiders.Percentage Held by Institutions42.47% of the stock of D-Wave Quantum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about D-Wave Quantum's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for D-Wave Quantum are expected to grow in the coming year, from ($0.37) to ($0.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of D-Wave Quantum is -2.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of D-Wave Quantum is -2.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about D-Wave Quantum's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressElon Musk’s Final Masterpiece: “X-9840”The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. 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.Read More QBTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart QBTS Stock News HeadlinesJune 5 at 6:21 AM | insidertrades.comD-Wave Quantum Inc. (NYSE:QBTS) Director Sells $34,661.25 in StockJune 5 at 6:21 AM | insidertrades.comD-Wave Quantum Inc. (NYSE:QBTS) Director Sells $47,258.90 in StockJune 6 at 7:00 AM | businesswire.comD-Wave Extends Agreement with Aramco Europe to Explore Quantum-Powered Optimization of Geophysical ProblemsJune 6 at 6:20 AM | americanbankingnews.comEmil Michael Sells 25,675 Shares of D-Wave Quantum Inc. (NYSE:QBTS) StockJune 6 at 5:48 AM | americanbankingnews.comEmil Michael Sells 36,353 Shares of D-Wave Quantum Inc. (NYSE:QBTS) StockJune 3, 2024 | businesswire.comD-Wave Quantum Featured in Fireside Chat at Needham Technology, Media and Consumer ConferenceMay 31, 2024 | investorplace.com3 Quantum Computing Stocks to Buy on the Dip: May 2024May 29, 2024 | msn.comHere’s How D-Wave Quantum Inc. (NYSE:QBTS) Benefitted from Share Price IncreaseMay 29, 2024 | businesswire.comD-Wave Quantum Featured in The Wall Street JournalMay 28, 2024 | msn.comDo Hedge Funds Like D-Wave Quantum Inc. (NYSE:QBTS) As A Quantum Computing Play?May 28, 2024 | businesswire.comD-Wave Quantum Set to Join Russell 3000® IndexMay 28, 2024 | fool.comWhy These 3 Quantum Computing Stocks Are Worth the RiskMay 25, 2024 | investorplace.com3 Stocks Ready to Stun Wall StreetMay 23, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Announces Participation in Reuters 2024 Supply Chain USA ConferenceMay 23, 2024 | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) CEO Urges Leaders to Plan for AI and Quantum FutureMay 21, 2024 | seekingalpha.comD-Wave Quantum: Profitability Remains ElusiveMay 20, 2024 | businesswire.comD-Wave CEO Urges Leaders to Embrace an AI and Quantum Future Now in New Forbes Technology Council ColumnMay 17, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Announces Results for Q1 2024, Participation in Needham ConferenceMay 17, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Renews Agreement with USC to Advance Annealing Quantum Computing Research, AdoptionMay 16, 2024 | markets.businessinsider.comD-Wave Quantum: A Strong Buy on Unique Technology and Market PositioningMay 16, 2024 | investorplace.comThe 3 Best Quantum Computing Stocks to Buy in May 2024May 16, 2024 | investorplace.com3 Must-Buy Quantum Computing Stocks When Prices PlungeMay 15, 2024 | businesswire.comD-Wave to Present at Reuters Supply Chain USA 2024May 13, 2024 | markets.businessinsider.comD-Wave Quantum’s Strong Growth and Technological Advancements Secure Buy RatingMay 13, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) to Announce Financial Results for First Quarter of Fiscal Year 2024See 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. Email Address Company Calendar Last Earnings5/13/2024Today6/07/2024Next Earnings (Estimated)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNYSE:QBTS CUSIPN/A CIK1907982 Webwww.dwavesys.com Phone604-630-1428FaxN/AEmployees215Year FoundedN/APrice Target and Rating Average Stock Price Target$2.80 High Stock Price Target$4.00 Low Stock Price Target$2.00 Potential Upside/Downside+141.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-82,710,000.00 Net Margins-778.56% Pretax Margin-784.45% Return on EquityN/A Return on Assets-131.66% Debt Debt-to-Equity RatioN/A Current Ratio3.10 Quick Ratio2.91 Sales & Book Value Annual Sales$8.76 million Price / Sales22.68 Cash FlowN/A Price / Cash FlowN/A Book Value($0.15) per share Price / Book-7.73Miscellaneous Outstanding Shares171,270,000Free Float158,904,000Market Cap$198.67 million OptionableOptionable Beta1.03 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesDr. Alan E. Baratz Ph.D. (Age 69)President, CEO & Director Comp: $766.35kMr. John M. Markovich (Age 67)Chief Financial Officer Comp: $494.05kMr. Eric LadizinskyCo-Founder and FellowMs. Diane NguyenGeneral CounselMs. Michelle MaggsVice President of Corporate MarketingDr. Mark W. JohnsonSenior Vice President of Quantum Technologies & Systems ProductsMore ExecutivesKey CompetitorsYextNYSE:YEXTDoubleDown InteractiveNASDAQ:DDITELUS International (Cda)NYSE:TIXTGravityNASDAQ:GRVYApplied DigitalNASDAQ:APLDView All CompetitorsInsiders & InstitutionsEmil MichaelSold 25,675 sharesTotal: $34,661.25 ($1.35/share)Emil MichaelSold 36,353 sharesTotal: $47,258.90 ($1.30/share)Instrumental Wealth LLCBought 29,173 shares on 5/29/2024Ownership: 0.017%Virtu Financial LLCBought 85,351 shares on 5/20/2024Ownership: 0.073%Carroll Investors IncBought 9,415 shares on 5/15/2024Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions QBTS Stock Analysis - Frequently Asked Questions Should I buy or sell D-Wave Quantum stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for D-Wave Quantum in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research 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 target for 2024? 5 brokerages have issued 1-year price targets for D-Wave Quantum's shares. Their QBTS share price targets range from $2.00 to $4.00. On average, they expect the company's stock price to reach $2.80 in the next twelve months. This suggests a possible upside of 141.4% 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 2024? D-Wave Quantum's stock was trading at $0.8801 at the beginning of 2024. Since then, QBTS shares have increased by 31.8% and is now trading at $1.16. View the best growth stocks for 2024 here. Are investors shorting D-Wave Quantum? D-Wave Quantum saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,600,000 shares, a decrease of 17.5% from the April 30th total of 8,000,000 shares. Based on an average daily trading volume, of 4,090,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 5.5% of the shares of the stock are sold short. 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, August 8th 2024. View our QBTS earnings forecast. How were D-Wave Quantum's earnings last quarter? D-Wave Quantum Inc. (NYSE:QBTS) released its earnings results on Monday, May, 13th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.03. The company earned $2.47 million during the quarter, compared to analysts' expectations of $2.75 million. Who are D-Wave Quantum's major shareholders? D-Wave Quantum's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (0.66%), Virtu Financial LLC (0.07%), Carroll Investors Inc (0.02%), Instrumental Wealth LLC (0.02%) and Delta Investment Management LLC (0.01%). Insiders that own company stock include Diane Nguyen, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:QBTS) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersWe’ve Made 1,000% … THREE Different Times in the Last Year (Here’s How)Bitcoin can and probably will hit the $1 MILLION level this decade. 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