D-Wave Quantum Inc. (QBTS)

Market Cap	243.73M
Revenue (ttm)	10.12M
Net Income (ttm)	-67.21M
Shares Out	201.43M
EPS (ttm)	-0.42
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	14,294,643
Open	1.210
Previous Close	1.170
Day's Range	1.150 - 1.290
52-Week Range	0.570 - 2.440
Beta	0.97
Analysts	Strong Buy
Price Target	2.54 (+109.92%)
Earnings Date	Nov 7, 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 7 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $2.54, which is an increase of 109.92% from the latest price.

Price Target

$2.54

(109.92% upside)

Analyst Consensus: Strong Buy