NYSE:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis $1.04 0.00 (0.00%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About D-Wave Quantum Stock (NYSE:QBTS) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get D-Wave Quantum alerts:Sign Up Key Stats Today's Range$1.01▼$1.0850-Day Range$0.84▼$1.0852-Week Range$0.57▼$2.44Volume4.68 million shsAverage Volume3.70 million shsMarket Capitalization$209.49 millionP/E RatioN/ADividend YieldN/APrice Target$2.54Consensus RatingBuy Company OverviewD-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… Trump or Kamala? It may come down to this strange twist… (Ad)Could this be the key to America's second coming? A strange resurrection born in the hollers of Appalachia? To uncover the full story and learn how you can potentially profit from it...watch my new documentary here. D-Wave Quantum Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks60th Percentile Overall ScoreQBTS MarketRank™: D-Wave Quantum scored higher than 60% of companies evaluated by MarketBeat, and ranked 370th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.5 / 5Analyst RatingBuy Consensus RatingD-Wave Quantum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageD-Wave Quantum has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about D-Wave Quantum's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for D-Wave Quantum are expected to grow in the coming year, from ($0.40) to ($0.35) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of D-Wave Quantum is -2.42, 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 -2.42, 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted13.04% 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 4.9.Change versus previous monthShort interest in D-Wave Quantum has recently decreased by 1.19%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldD-Wave Quantum does not currently pay a dividend.Dividend GrowthD-Wave Quantum does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted13.04% 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 4.9.Change versus previous monthShort interest in D-Wave Quantum has recently decreased by 1.19%, indicating that investor sentiment is improving. News and Social Media1.8 / 5News Sentiment0.19 News SentimentD-Wave Quantum has a news sentiment score of 0.19. 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 0.59 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for D-Wave Quantum this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for QBTS on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, D-Wave Quantum insiders have not sold or bought any 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. 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 QBTS Stock News HeadlinesD-Wave Quantum Inc (QBTS_t)October 16 at 9:13 PM | investing.comIBN Coverage: D-Wave (NYSE: QBTS) Introduces Service-Level Agreements to Support Customers Production ApplicationsOctober 14 at 11:10 PM | finance.yahoo.comWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.October 17, 2024 | Porter & Company (Ad)IBN Coverage: D-Wave Quantum (NYSE: QBTS) to Participate in the 2024 INFORMS Annual Meeting in SeattleOctober 11, 2024 | finance.yahoo.comIBN Coverage: D-Wave Quantum (NYSE: QBTS) Adds New Chief Human Resources Officer to Management TeamOctober 11, 2024 | finance.yahoo.com#### D-Wave Quantum (NYSE:QBTS) Files 8-K Disclosing [Insert Disclosure Title Here]October 10, 2024 | americanbankingnews.comD-Wave Brings Quantum Optimization to 2024 INFORMS Annual MeetingOctober 9, 2024 | finance.yahoo.comD-Wave Quantum Inc. (NYSE:QBTS) Receives Average Rating of "Buy" from AnalystsOctober 8, 2024 | americanbankingnews.comSee More Headlines 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 start of the year. Since then, QBTS shares have increased by 18.2% and is now trading at $1.04. View the best growth stocks for 2024 here. How were D-Wave Quantum's earnings last quarter? D-Wave Quantum Inc. (NYSE:QBTS) issued its quarterly earnings data on Thursday, August, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.10). The firm earned $2.18 million during the quarter, compared to analysts' expectations of $2.88 million. Who are D-Wave Quantum's major shareholders? Top institutional investors of D-Wave Quantum include SG Americas Securities LLC (0.02%). 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. What other stocks do shareholders of D-Wave Quantum own? Based on aggregate information from My MarketBeat watchlists, some other companies that D-Wave Quantum investors own include Enovix (ENVX), Ginkgo Bioworks (DNA), Rambus (RMBS), Toast (TOST), COMPASS Pathways (CMPS), Globant (GLOB) and Luminar Technologies (LAZR). Company Calendar Last Earnings8/08/2024Today10/17/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNYSE:QBTS CUSIPN/A CIK1907982 Webwww.dwavesys.com Phone604-630-1428FaxN/AEmployees3Year FoundedN/APrice Target and Rating Average Stock Price Target$2.54 High Stock Price Target$3.00 Low Stock Price Target$2.00 Potential Upside/Downside+143.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.43) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-82,710,000.00 Net Margins-661.66% Pretax Margin-664.39% Return on EquityN/A Return on Assets-111.58% Debt Debt-to-Equity RatioN/A Current Ratio1.09 Quick Ratio1.04 Sales & Book Value Annual Sales$8.76 million Price / Sales23.91 Cash FlowN/A Price / Cash FlowN/A Book Value($0.15) per share Price / Book-6.93Miscellaneous Outstanding Shares201,430,000Free Float186,886,000Market Cap$209.49 million OptionableOptionable Beta0.98 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. 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