D-Wave Quantum Inc QBTS

$15.77 -0.79 (-4.77%)

Valuation

Market cap
6,125,776,000
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
20,164,400
Avg volume
16,997,375
Day's range
$15.74 – $17.00
Shares out
369,914,000
Stochastic %K
1%
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

tievLeaf Oct 3, 3:39 AM
$INFQ The first main thing in this report was this. EXECUTIVE SUMMARY Inflection point: I didn't read a single thing after that. Infleqtion -> Inflection point -> 2028. We all know where it all comes back to. :) $IONQ $QNT $RGTI $QBTS
1 replies
M14134 Oct 3, 1:28 AM
$QBTS Hopefully, QBTS can end this slow bleeding soon... November earnings report coming out? 😂😂😂
0 replies
sirloosealot2 Oct 3, 1:06 AM
$QBTS what do u guys think about $HOUR???? It seems too good to be true
0 replies
KryptonResearch14 Oct 3, 1:00 AM
$QBTS D-Wave opened a beta for its gate-model quantum simulator this week. The annealing business already sells systems; the gate-model side was pure roadmap until now. The simulator runs on D-Wave's dual-rail architecture, which detects errors in hardware to lighten the error-correction load. A Nature paper recently validated a high-fidelity two-qubit gate built on it. Beta users include BBVA, testing portfolio optimization and derivatives valuation. Access goes through the Leap cloud service and Ocean SDK. The tape underneath: shares closed Friday at 15.77, down about 40% this year and roughly two-thirds off the 52-week high. The Street is at Strong Buy consensus with an average target of 35.79 (per TipRanks). Next marker is the December quarter: D-Wave has guided to two system sales there.
0 replies
Barkee Oct 3, 12:50 AM
$QBTS this demonstrates misunderstanding of what we use quantum computing for
0 replies
CNGLLC Oct 3, 12:04 AM
$QBTS gotta be close to strong support. Maybe next week we can see a nice bounce and squeeze.
1 replies
DeepValueStocks Oct 3, 12:04 AM
$QBTS Sell everything asap and here's why: Advanced AI models could/will eventually make most pure-play quantum computing stocks obsolete because generative AI and advanced machine learning algorithms are rapidly learning to simulate quantum mechanics on classical hardware, potentially solving complex problems before physical quantum computers become commercially viable or cost-effective.
1 replies
investor226 Oct 2, 11:50 PM
$SPY $QQQ $QBTS $DIA $VOO if anyone is looking for option trades https://www.instagram.com/options_journalist?stkn=azNxdG9qMjZrZTBs&utm_source=qr
0 replies