D-Wave Quantum Inc. (QBTS)
| Market Cap | 161.14M |
| 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 | 1,015,157 |
| Open | 1.300 |
| Previous Close | 1.300 |
| Day's Range | 1.250 - 1.310 |
| 52-Week Range | 0.500 - 3.200 |
| Beta | 1.04 |
| Analysts | Strong Buy |
| Price Target | 2.80 (+121.34%) |
| Earnings Date | May 13, 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 121.34% from the latest price.
News
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
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...
Building a Quantum-Ready Workforce: D-Wave Launches Starter Course to Bridge Critical Skills Gap
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...
NATIONALLY RANKED ROSEN LAW FIRM Encourages D-Wave Quantum Inc. Investors to Inquire About Securities Class Action Investigation - QBTS
NEW YORK , Feb. 23, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of D-Wave Quantum Inc. (...
NEC and D-Wave Introduce New Quantum Offerings to Australian Market
SYDNEY & PALO ALTO, Calif. & BURNABY, British Columbia--(BUSINESS WIRE)--NEC Australia and leading international quantum computing company, D-Wave Quantum Inc. (NYSE: QBTS) (D-Wave), are partnering to...
TOP RANKED ROSEN LAW FIRM Encourages D-Wave Quantum Inc. Investors to Inquire About Securities Class Action Investigation - QBTS
NEW YORK , Feb. 13, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of D-Wave Quantum Inc. (...
ROSEN, LEADING INVESTOR COUNSEL, Encourages D-Wave Quantum Inc. Investors to Inquire About Securities Class Action Investigation – QBTS
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of D-Wave Quantum Inc. (NYSE: QBT...
D-Wave Announces Availability of 1,200+ Qubit Advantage2™ Prototype in the Leap™ Quantum Cloud Service, Making its Most Performant System Available to Customers Today
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...
D-Wave and Zapata AI Announce Strategic Technical and Commercial Collaboration to Advance Quantum-Enabled Machine Learning
PALO ALTO, Calif. & BURNABY, British Columbia & BOSTON--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world's firs...
D-Wave Joins Forces with Deloitte Canada to Advance Quantum Adoption
BURNABY, British Columbia & PALO ALTO, Calif. & TORONTO--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commerci...
D-Wave Announces 1,200+ Qubit Advantage2™ Prototype in New, Lower-Noise Fabrication Stack, Demonstrating 20x Faster Time-to-Solution on Important Class of Hard Optimization Problems
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...