D-Wave Quantum Inc. (QBTS)

Market Cap	2.19B
Revenue (ttm)	9.42M
Net Income (ttm)	-73.82M
Shares Out	224.01M
EPS (ttm)	-0.43
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	40,852,556
Open	9.17
Previous Close	9.91
Day's Range	8.40 - 9.84
52-Week Range	0.68 - 11.41
Beta	1.78
Analysts	Strong Buy
Price Target	5.63 (-42.33%)
Earnings Date	Nov 14, 2024

About QBTS

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 ...

• Industry: Computer Hardware
• Sector: Technology
• Founded: 1999
• Employees: 200
• Stock Exchange: NYSE
• Ticker Symbol: QBTS
• Website: https://www.dwavesys.com

Financial Performance

In 2023, D-Wave Quantum's revenue was $8.76 million, an increase of 22.10% compared to the previous year's $7.17 million. Losses were -$82.72 million, 54.0% more than in 2022.

Analyst Forecast

According to 6 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $5.63, which is a decrease of -42.33% from the latest price.

Price Target

$5.63

(-42.33% downside)

Analyst Consensus: Strong Buy