D-Wave Quantum Inc. (QBTS)

Market Cap	140.35M
Revenue (ttm)	7.38M
Net Income (ttm)	-76.61M
Shares Out	145.45M
EPS (ttm)	-0.62
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	735,182
Open	0.981
Previous Close	0.970
Day's Range	0.943 - 1.000
52-Week Range	0.396 - 8.300
Beta	-0.18
Analysts	Strong Buy
Price Target	5.20 (+438.92%)
Earnings Date	Nov 9, 2023

About 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 f...

• Industry: Computer Hardware
• Sector: Technology
• Founded: 1999
• Employees: 215
• Stock Exchange: NYSE
• Ticker Symbol: QBTS

Financial Performance

In 2022, D-Wave Quantum's revenue was $7.17 million, an increase of 14.24% compared to the previous year's $6.28 million. Losses were -$51.53 million, 63.4% more than in 2021.

Analyst Forecast

According to 5 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $5.2, which is an increase of 438.92% from the latest price.

Price Target

$5.2

(438.92% upside)

Analyst Consensus: Strong Buy