D-Wave Quantum Inc. (QBTS)
Market Cap | 140.28M |
Revenue (ttm) | 9.64M |
Net Income (ttm) | -75.62M |
Shares Out | 126.38M |
EPS (ttm) | -0.53 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,734,597 |
Open | 1.080 |
Previous Close | 1.080 |
Day's Range | 1.050 - 1.130 |
52-Week Range | 0.570 - 3.200 |
Beta | 1.02 |
Analysts | Strong Buy |
Price Target | 2.80 (+152.25%) |
Earnings Date | Aug 8, 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 ... [Read more]
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.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $2.8, which is an increase of 152.25% from the latest price.
News
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B.C. Provincial Government Officials Tour D-Wave's Quantum Engineering Center of Excellence Amid Growing Quantum Adoption and Upskilling
BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world's first commercia...
![](https://cdn.snapi.dev/images/v1/6/4/press4-2492412.jpg)
D-Wave Nominated as a GameChanger: Finalist for Technology Impact Award
BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial...
![](https://cdn.snapi.dev/images/v1/s/2/press1-2483946.jpg)
Quantum Means Business: New Study Finds Organizations Expect Up to 20x ROI from Quantum Optimization Investments
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world's first commercial suppli...
![](https://cdn.snapi.dev/images/v1/w/e/press17-2482112.jpg)
D-Wave to Deploy Second US-Based Advantage™ Quantum Computer at New Davidson Technologies Global Headquarters
PALO ALTO, Calif. & HUNTSVILLE, Ala.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first...
![](https://cdn.snapi.dev/images/v1/s/h/press10-2481576.jpg)
D-Wave Introduces New Hybrid Quantum Solver at Qubits 2024 to Tackle Customers' Previously Intractable Workforce, Manufacturing, and Logistics Optimization Problems
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...
![](https://cdn.snapi.dev/images/v1/l/k/press13-2465669.jpg)
D-Wave Extends Agreement with Aramco Europe to Explore Quantum-Powered Optimization of Geophysical Problems
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, announced today that it has extended its agreement with A...
![](https://cdn.snapi.dev/images/v1/d/r/press2-2458573.jpg)
D-Wave Quantum Featured in Fireside Chat at Needham Technology, Media and Consumer Conference
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...
![](https://cdn.snapi.dev/images/v1/x/h/press12-2451175.jpg)
D-Wave Quantum Featured in The Wall Street Journal
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...
![](https://cdn.snapi.dev/images/v1/g/y/press2-2449441.jpg)
D-Wave Quantum Set to Join Russell 3000® Index
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...
![](https://cdn.snapi.dev/images/v1/v/4/press18-2439269.jpg)
D-Wave CEO Urges Leaders to Embrace an AI and Quantum Future Now in New Forbes Technology Council Column
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world's first commercial suppli...
![](https://cdn.snapi.dev/images/v1/j/g/conf17-2431679.jpg)
D-Wave to Present at Reuters Supply Chain USA 2024
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it is participating in the upcoming Reut...
![](https://cdn.snapi.dev/images/v1/z/t/press12-2426512.jpg)
D-Wave and the University of Southern California Renew Multiyear Agreement to Advance Annealing Quantum Computing Research and Adoption
PALO ALTO, Calif. & LOS ANGELES--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first comm...
![](https://cdn.snapi.dev/images/v1/z/4/press4-2426570.jpg)
D-Wave Reports First Quarter 2024 Results
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, today announced financial re...
![](https://cdn.snapi.dev/images/v1/9/l/press4-2417599.jpg)
D-Wave to Showcase Quantum Computing Advancements at 19th Annual Needham Technology, Media and Consumer Conference
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced its participation in the upcoming Needha...
![](https://cdn.snapi.dev/images/v1/5/x/142742650-m-normal-none-2412863.jpg)
Investors eye these 4 emerging quantum computing stocks for quick profits
Investments going into quantum computing have been on a rise recently especially since artificial intelligence remains the front and centre of all financial debates. In fact, the United States alone ...
![](https://cdn.snapi.dev/images/v1/l/g/conf13-2396671.jpg)
D-Wave Quantum Inc. Announces Date for First Quarter Fiscal Year 2024 Earnings Call
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results fo...
![](https://cdn.snapi.dev/images/v1/m/p/press5-2377724.jpg)
D-Wave Introduces New Fast Anneal Feature, Extending Quantum Computing Performance Gains
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...
![](https://cdn.snapi.dev/images/v1/t/w/press15-2362619.jpg)
D-Wave's Qubits 2024 Quantum Computing Conference Announced for June 17-18 in Boston
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum comp...
![](https://cdn.snapi.dev/images/v1/z/r/press5-2345738.jpg)
D-Wave Reports Fourth Quarter and Year-End 2023 Results
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc., (NYSE: QBTS) (“D-Wave” or the “Company”) a leader in commercial quantum computing systems, software, and services, ...
![](https://cdn.snapi.dev/images/v1/f/w/press18-2328467.jpg)
D-Wave Bolsters Executive Leadership Team for Rapid Growth and Strategic Execution
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the worl...
![](https://cdn.snapi.dev/images/v1/o/v/conf11-2323951.jpg)
D-Wave Quantum Inc. Announces Date for Fourth Quarter and Full Year Fiscal 2023 Earnings Call
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will rele...
![](https://cdn.snapi.dev/images/v1/k/1/press11-2319112.jpg)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of D-Wave Quantum Inc. - QBTS
NEW YORK , March 11, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of D-Wave Quantum Inc. ("D-Wave" or the "Company") (NYSE: QBTS). Such investors are advised to c...
![](https://cdn.snapi.dev/images/v1/9/d/press6-2310521.jpg)
D-Wave Quantum Inc. to Participate in 36th Annual Roth Conference
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world's first commerc...
![](https://cdn.snapi.dev/images/v1/o/c/press4-2308117.jpg)
D-Wave Launches New Go-To-Market Growth Strategy to Rapidly Accelerate Quantum Adoption
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world's first commerc...
![](https://cdn.snapi.dev/images/v1/o/v/press16-2305874.jpg)
D-Wave Regains Compliance with NYSE Continued Listing Standards
PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in commercial quantum computing systems, software, and services, today announced i...