D-Wave Quantum Inc QBTS

$15.79 +0.15 (0.96%)

Valuation

Market cap
5,833,544,000
Revenue TTM
$24,590,000
Net income TTM
$-355,060,000
PE ratio
0.00
Forward PE
—
Profit margin
-1,443.92%
Debt to equity
0.03

Trading

Volume
13,335,449
Avg volume
17,050,533
Day's range
$15.64 – $16.26
Shares out
369,914,000
Stochastic %K
10%
Beta
2.18
Analysts
Strong Sell
Price target
$34.69

Price

Company profile

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean sof...

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D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

Industry
Computer Hardware
Sector
Technology
Phone
604 285 2881
Website
https://www.dwavequantum.com
Address
2650 East Bayshore Road, Palo Alto, United States

Latest news

Stocktwits

FastMonte Oct 6, 6:56 PM
$QBTS Look at the institutional ownership. The big boys are holding it here so their buddies can load up and frustrate retail into selling it to them cheap. Just my opinion.
1 replies
Mike_Fort Oct 6, 6:15 PM
$QBTS needs more oxygen for PH. At this point I'll take it if it's at 16. 2% on an overnight hold is insulting to me but this stock has pissed me off as much as I'm gonna let it.
1 replies
Arrow_Investments Oct 6, 6:10 PM
$IONQ Why are Quantum stocks stuck! $RGTI $QUBT $QBTS is it the high 10-Year
0 replies
MK10 Oct 6, 4:51 PM
$QBTS Who thinks the $20's is in the near future:)
2 replies
Yesssirrrrr976 Oct 6, 4:40 PM
$RGTI $IONQ $QBTS Earnings will eventually matter and eventually we’d like these companies to pay their own electric bills. However, I’m following quantum because the business can become more credible before it becomes profitable. When a machine gets more reliable, a customer finds a useful application, or the cost of delivering results comes down, tomorrow’s business starts looking different—even if this quarter’s revenue barely notices. “Future value is already priced in.” Whose future? What timeline? What chance of success? That’s the argument I want to hear. Maybe the price assumes too much. Maybe the skeptics assume too little. I’m bullish, but I want to keep checking the work. Calling everything a bubble saves time. It doesn’t necessarily improve the research. Quantum is the future infrastructure of the world and it’s really only a matter of time. Buy (imo)
1 replies
Mike_Fort Oct 6, 4:36 PM
$QBTS noticed something interesting. When the Dow drops from green, this goes up. Dow was at 350, this was at daily low. Goes down 40 points, this actually goes up a dime. I'll definitely add this to my D-Wave swing roladex.
1 replies
dudebob Oct 6, 4:29 PM
Been looking at Tom Lee’s pre-DA SPAC $FCRS 👀 …pre-DA is basically a mystery box — no target yet, so a lot comes down to the team and what they eventually find. 🕵️ We’ve seen some extreme former-SPAC outcomes where the commons did well and warrants did exceptionally well: $QBTS , $IONQ , $PL and $LUNR ..Of course that leverage cuts both ways — warrants can lose most or all of their value. FCRS/WS is already around $0.64 while the common sits around NAV. Not exactly cheap for a SPAC with no target yet. Are investors simply assigning more value to the team/optionality? If they land the right target, could FCRS + FCRS/WS be another successful SPAC? Flip side, if the target is bland, how far could a ~$0.64 warrant fall while the common stays around NAV? Tom Lee has a long investing/research background and is regularly on CNBC, but picking a SPAC target is a different game. Commons or warrants? 🤔💭
0 replies
Mike_Fort Oct 6, 4:25 PM
$QBTS officially red now, with a market that's crazy good.
0 replies