NYSE:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis $0.99 -0.02 (-2.19%) (As of 03:08 PM ET) Add Compare Share Share Today's Range$0.97▼$1.0050-Day Range$0.81▼$1.3352-Week Range$0.57▼$2.44Volume860,583 shsAverage Volume3.82 million shsMarket Capitalization$169.20 millionP/E RatioN/ADividend YieldN/APrice Target$2.54 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/Downside155.9% Upside$2.54 Price TargetShort InterestHealthy11.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.60Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.40) to ($0.35) 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.3.23 out of 5 starsComputer And Technology Sector299th out of 602 stocksData Processing & Preparation Industry20th out of 60 stocks 4.5 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 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. Previous Next 4.0 Short Interest Percentage of Shares Shorted11.73% 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 3.6, 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 18.22%, 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 2.0 News and Social Media Coverage News SentimentD-Wave Quantum has a news sentiment score of 0.60. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for D-Wave Quantum this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for QBTS on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership 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. Previous Next 0.6 Earnings and Valuation 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 -1.87, 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 -1.87, 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 Porter & CompanyWar on Elon Escalates… Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.Click here to learn how you can benefit from its widespread distribution. 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 HeadlinesSeptember 16 at 1:07 AM | americanbankingnews.comD-Wave Quantum Inc. (NYSE:QBTS) Receives $2.54 Average Price Target from BrokeragesSeptember 13 at 4:46 PM | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) to Participate in Upcoming Info-Tech LIVE EventSeptember 16, 2024 | Insiders Exposed (Ad)Has Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.September 12, 2024 | msn.comTechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in Upcoming Info-Tech LIVE EventSeptember 10, 2024 | finance.yahoo.comD-Wave to Showcase the Impact of Quantum-Powered Optimization at Info-Tech LIVESeptember 8, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS), NTT DOCOMO Leverage Quantum Optimization Tech to Boost Mobile Network PerformanceSeptember 5, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Leaders to Present at Upcoming Quantum World Congress 2024September 5, 2024 | finance.yahoo.comIBN Coverage: D-Wave (NYSE: QBTS) Leaders to Present at Upcoming Quantum World Congress 2024September 16, 2024 | Insiders Exposed (Ad)Has Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.September 5, 2024 | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) Extends Quantum AI Product RoadmapSeptember 3, 2024 | uk.finance.yahoo.comD-Wave to Participate in Quantum World Congress 2024August 23, 2024 | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) Reports Strong Q2 2024 ResultsAugust 22, 2024 | finance.yahoo.comIBN Coverage: D-Wave Quantum (NYSE: QBTS) Reports Strong Q2 2024 ResultsAugust 20, 2024 | finance.yahoo.comNTT DOCOMO and D-Wave Improve Mobile Network Performance by 15% With Quantum Optimization TechnologyAugust 16, 2024 | msn.comTechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Quantum AI Product Roadmap Enhancements Highlighted in Syndicated BroadcastAugust 15, 2024 | au.finance.yahoo.comD-Wave Quantum Inc. (RQ0.F)August 14, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development InitiativeAugust 13, 2024 | theglobeandmail.comLawmakers Support D-Wave (NYSE: QBTS), Davidson Partnership for Defense EffortsSee 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 Earnings8/08/2024Today9/16/2024Next 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+156.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 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-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$10.12 million Price / Sales16.77 Cash FlowN/A Price / Cash FlowN/A Book Value($0.15) per share Price / Book-6.60Miscellaneous Outstanding Shares171,270,000Free Float158,904,000Market Cap$169.68 million OptionableOptionable Beta0.98 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsThe RMR GroupNASDAQ:RMRi3 VerticalsNASDAQ:IIIVDoubleDown InteractiveNASDAQ:DDIConduentNASDAQ:CNDTInternational Money ExpressNASDAQ:IMXIView All CompetitorsInsiders & InstitutionsMarshall Wace LLPBought 232,121 shares on 8/14/2024Ownership: 0.136%Squarepoint Ops LLCBought 143,390 shares on 8/14/2024Ownership: 0.084%XTX Topco LtdBought 142,848 shares on 8/12/2024Ownership: 0.083%Thoroughbred Financial Services LLCBought 40,000 shares on 8/8/2024Ownership: 0.023%Rhumbline AdvisersBought 81,152 shares on 8/1/2024Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions QBTS Stock Analysis - Frequently Asked Questions How have QBTS shares performed this year? D-Wave Quantum's stock was trading at $0.8801 on January 1st, 2024. Since then, QBTS stock has increased by 12.6% and is now trading at $0.9909. View the best growth stocks for 2024 here. How were D-Wave Quantum's earnings last quarter? D-Wave Quantum Inc. (NYSE:QBTS) announced its earnings results on Thursday, August, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.10). The business had revenue of $2.18 million for the quarter, compared to the consensus estimate of $2.88 million. Who are D-Wave Quantum's major shareholders? Top institutional investors of D-Wave Quantum include Marshall Wace LLP (0.14%), Bank of New York Mellon Corp (0.13%), Squarepoint Ops LLC (0.08%) and XTX Topco Ltd (0.08%). 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. 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