D Wave Quantum Inc (QBTS)

NYSE
Currency in USD
6.370
-0.130(-2.00%)
Closed
After Hours
6.360-0.010(-0.157%)
QBTS Scorecard
Full Analysis
2 analysts have revised their earnings upwards for the upcoming period
Fair Value
Day's Range
6.3256.800
52 wk Range
0.75111.410
Key Statistics
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Prev. Close
6.5
Open
6.56
Day's Range
6.325-6.8
52 wk Range
0.751-11.41
Volume
52.17M
Average Volume (3m)
79.99M
1-Year Change
266.09%
Book Value / Share
-0.08
Fair Value
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Fair Value Upside
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QBTS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
7.333
Upside
+15.12%
Members' Sentiments
Bearish
Bullish
ProTips
Significant return over the last week
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D Wave Quantum Inc Company Profile

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a 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 developer community. It 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 scheduling, mobility, logistics, drug discovery, portfolio optimization, manufacturing processes, and other. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.

Employees
200

D Wave Quantum Inc SWOT Analysis


Quantum Pionee
D-Wave Quantum Inc. leads in commercial quantum computing, specializing in annealing solutions that outpace competitors in the evolving industry landscape
Technological Leaps
Explore D-Wave's Advantage 2 platform progress, featuring a fourfold qubit density increase and the innovative Fast-Annealing feature driving industry excitement
Market Momentum
Delve into D-Wave's expanding customer base and strong Q1 bookings, signaling growing adoption of quantum computing solutions across various sectors
Financial Horizons
Analysts set price targets ranging from $3.00 to $4.00, as D-Wave navigates financial challenges while pursuing new revenue streams in government and defense sectors
Read full SWOT analysis

D Wave Quantum Inc Earnings Call Summary for Q3/2024

  • Q3 revenue down 27% YoY to $1.9M; QCaaS up 41% to $1.6M; net loss $22.7M ($0.11/share)
  • Customer base grew to 132, including 27 Forbes Global 2000 clients; $50M loan paid off; $30M cash on hand
  • 4,400 qubit Advantage 2 processor progressing; NTT DOCOMO pilot reduced network congestion by 15%
  • Full-year adjusted EBITDA loss guidance reiterated at <$54.3M; no changes to revenue expectations
  • Expanding go-to-market team in Europe; increased productivity expected in Q1 2024
Last Updated: 14/11/2024, 21:46
Read Full Transcript

Compare QBTS to Peers and Sector

Metrics to compare
QBTS
Peers
Sector
Relationship
P/E Ratio
−25.1x−9.1x11.6x
PEG Ratio
−0.69−0.120.01
Price/Book
−109.6x1.9x2.4x
Price / LTM Sales
196.8x3.0x2.2x
Upside (Analyst Target)
29.5%42.0%21.0%
Fair Value Upside
Unlock14.5%3.9%Unlock

Analyst Ratings

6 Buy
0 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 7.333
(+15.12% Upside)

Earnings

Latest Release
Nov 14, 2024
EPS / Forecast
-0.11 / -0.08
Revenue / Forecast
1.87M / 2.56M
EPS Revisions
Last 90 days

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FAQ

What Is the D Wave Quantum (QBTS) Premarket Price Today?

The D Wave Quantum (QBTS) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 17 Feb 2025. Previous close: 6.50

What Stock Exchange Does D Wave Quantum Trade On?

D Wave Quantum is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for D Wave Quantum?

The stock symbol for D Wave Quantum is "QBTS."

What Is the D Wave Quantum Market Cap?

As of today, D Wave Quantum market cap is 1.85B.

What is D Wave Quantum Earnings Per Share?

The D Wave Quantum EPS is -0.426.

What Is the Next D Wave Quantum Earnings Date?

D Wave Quantum will release its next earnings report on 10 Apr 2025.

From a Technical Analysis Perspective, Is QBTS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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