NYSE:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free QBTS Stock Alerts $1.48 -0.04 (-2.63%) (As of 05:13 PM ET) Add Compare Share Share Today's Range$1.44▼$1.5350-Day Range$1.38▼$2.3552-Week Range$0.40▼$3.20Volume2.19 million shsAverage Volume4.04 million shsMarket Capitalization$239.29 millionP/E RatioN/ADividend YieldN/APrice Target$2.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get D-Wave Quantum alerts: Email Address D-Wave Quantum MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside93.3% Upside$2.80 Price TargetShort InterestBearish7.90% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.36) to ($0.39) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.17 out of 5 starsComputer And Technology Sector478th out of 586 stocksData Processing & Preparation Industry40th out of 56 stocks 3.5 Analyst's Opinion Consensus RatingD-Wave Quantum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageD-Wave Quantum has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.90% of the float of D-Wave Quantum has been sold short.Short Interest Ratio / Days to CoverD-Wave Quantum has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in D-Wave Quantum has recently increased by 1.92%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldD-Wave Quantum does not currently pay a dividend.Dividend GrowthD-Wave Quantum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for QBTS. Previous Next 1.1 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for D-Wave Quantum this week, compared to 3 articles on an average week.Search Interest31 people have searched for QBTS on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.MarketBeat Follows27 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, D-Wave Quantum insiders have not sold or bought any company stock.Percentage Held by Insiders13.10% of the stock of D-Wave Quantum is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.47% of the stock of D-Wave Quantum is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for D-Wave Quantum are expected to decrease in the coming year, from ($0.36) to ($0.39) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of D-Wave Quantum is -2.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of D-Wave Quantum is -2.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About D-Wave Quantum Stock (NYSE: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 from problem discovery through production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.Read More QBTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart QBTS Stock News HeadlinesApril 21, 2024 | americanbankingnews.comFinancial Survey: Playtika (NASDAQ:PLTK) & D-Wave Quantum (NYSE:QBTS)April 18, 2024 | businesswire.comD-Wave Introduces New Fast Anneal Feature, Extending Quantum Computing Performance GainsApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 17, 2024 | msn.comD-Wave Quantum (QBTS) Price Target Increased by 7.35% to 3.23April 11, 2024 | theglobeandmail.comAnalysts Are Confident About D-Wave Quantum (NYSE: QBTS), Raise Price TargetsApril 9, 2024 | investorplace.com3 for $3: Speculative Stocks to Buy on the CheapApril 9, 2024 | finance.yahoo.comD-Wave’s Qubits 2024 Quantum Computing Conference Announced for June 17-18 in BostonApril 9, 2024 | businesswire.comD-Wave's Qubits 2024 Quantum Computing Conference Announced for June 17-18 in BostonApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 4, 2024 | msn.comD-Wave Quantum Inc. (QBTS) Gains As Market Dips: What You Should KnowApril 4, 2024 | investorplace.comMighty Micro-Cap Stocks: 7 Tiny Companies Packing Enormous PotentialApril 4, 2024 | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) Announces Upcoming Q4 Financial Results, Conference CallApril 2, 2024 | markets.businessinsider.comD-Wave Quantum Inc.: Strong Buy on Breakthrough Technology and Expanding Market PresenceApril 2, 2024 | msn.comD-Wave Quantum files for $175M mixed shelf; sale of 60.16M shares for holdersApril 1, 2024 | msn.comD-Wave Quantum Inc. (NYSE:QBTS) Q4 2023 Earnings Call TranscriptMarch 30, 2024 | seekingalpha.comD-Wave Quantum Inc. (QBTS) Q4 2023 Earnings Call TranscriptMarch 30, 2024 | investorplace.comHot Stocks: The 3 Best Opportunities for Investing in Quantum ComputingMarch 28, 2024 | msn.comD-Wave Quantum reports mixed Q4 results; initiates Q1 and FY24 outlookMarch 28, 2024 | finance.yahoo.comD-Wave Quantum Inc (QBTS) Earnings: Bookings Surge as Revenue Grows, Narrowing Net LossMarch 28, 2024 | businesswire.comD-Wave Reports Fourth Quarter and Year-End 2023 ResultsMarch 27, 2024 | benzinga.comD-Wave Quantum's Earnings OutlookMarch 27, 2024 | theglobeandmail.comThe Register Interviews D-Wave (NYSE: QBTS), Highlights Quantum Computing’s Potential Impact on AIMarch 21, 2024 | investorplace.comWall Street's Favorite Quantum Computing Stocks? 3 Names That Could Make You Filthy RichMarch 20, 2024 | theglobeandmail.comD-Wave Quantum (NYSE: QBTS) Schedules Q4, FY 2023 Earnings CallMarch 18, 2024 | finance.yahoo.comD-Wave Bolsters Executive Leadership Team for Rapid Growth and Strategic ExecutionMarch 16, 2024 | finance.yahoo.comQBTS Oct 2024 1.000 putMarch 14, 2024 | finance.yahoo.comD-Wave Quantum Inc. Announces Date for Fourth Quarter and Full Year Fiscal 2023 Earnings CallSee More Headlines Receive QBTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for D-Wave Quantum and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/28/2024Today4/25/2024Next Earnings (Estimated)5/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNYSE:QBTS CUSIPN/A CIK1907982 Webwww.dwavesys.com Phone604-630-1428FaxN/AEmployees215Year FoundedN/APrice Target and Rating Average Stock Price Target$2.80 High Stock Price Target$4.00 Low Stock Price Target$2.00 Potential Upside/Downside+93.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.62) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-82,710,000.00 Net Margins-940.27% Pretax Margin-944.45% Return on EquityN/A Return on Assets-163.01% Debt Debt-to-Equity RatioN/A Current Ratio4.18 Quick Ratio4.00 Sales & Book Value Annual Sales$8.76 million Price / Sales26.74 Cash FlowN/A Price / Cash FlowN/A Book Value($0.15) per share Price / Book-9.66Miscellaneous Outstanding Shares161,680,000Free Float140,502,000Market Cap$234.21 million OptionableOptionable Beta0.90 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesDr. Alan E. Baratz Ph.D. (Age 69)President, CEO & Director Comp: $766.35kMr. John M. Markovich (Age 67)Chief Financial Officer Comp: $494.05kMr. Eric LadizinskyCo-Founder and FellowMs. Diane NguyenGeneral CounselMs. Michelle MaggsVice President of Corporate MarketingDr. Mark W. JohnsonSenior Vice President of Quantum Technologies & Systems ProductsMore ExecutivesKey CompetitorsPark City GroupNASDAQ:PCYG8X8NASDAQ:EGHTTucowsNASDAQ:TCXOomaNYSE:OOMAtrivagoNASDAQ:TRVGView All CompetitorsInsiders & InstitutionsCIBC Private Wealth Group LLCBought 270,096 shares on 2/13/2024Ownership: 0.844%Laidlaw Wealth Management LLCBought 20,744 shares on 2/12/2024Ownership: 0.022%Baader Bank AktiengesellschaftBought 85,920 shares on 2/8/2024Ownership: 0.054%Simplex Trading LLCSold 72,300 shares on 2/2/2024Ownership: 0.000%Diane NguyenSold 22,855 sharesTotal: $22,855.00 ($1.00/share)View All Insider TransactionsView All Institutional Transactions QBTS Stock Analysis - Frequently Asked Questions Should I buy or sell D-Wave Quantum stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for D-Wave Quantum in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" QBTS shares. View QBTS analyst ratings or view top-rated stocks. What is D-Wave Quantum's stock price target for 2024? 5 brokers have issued twelve-month target prices for D-Wave Quantum's shares. Their QBTS share price targets range from $2.00 to $4.00. On average, they predict the company's stock price to reach $2.80 in the next twelve months. This suggests a possible upside of 93.3% from the stock's current price. View analysts price targets for QBTS or view top-rated stocks among Wall Street analysts. How have QBTS shares performed in 2024? D-Wave Quantum's stock was trading at $0.8801 at the start of the year. Since then, QBTS stock has increased by 64.6% and is now trading at $1.4486. View the best growth stocks for 2024 here. Are investors shorting D-Wave Quantum? D-Wave Quantum saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 7,810,000 shares, an increase of 42.5% from the March 15th total of 5,480,000 shares. Based on an average trading volume of 4,350,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 7.8% of the company's shares are sold short. View D-Wave Quantum's Short Interest. When is D-Wave Quantum's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 17th 2024. View our QBTS earnings forecast. How were D-Wave Quantum's earnings last quarter? D-Wave Quantum Inc. (NYSE:QBTS) announced its quarterly earnings results on Thursday, March, 28th. The company reported ($0.10) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.10). The firm had revenue of $2.91 million for the quarter, compared to analyst estimates of $4.86 million. How do I buy shares of D-Wave Quantum? Shares of QBTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:QBTS) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican AlternativeThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding D-Wave Quantum Inc. 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