D-Wave Quantum Inc QBTS

$9.84 -0.81 (-7.61%)

Valuation

Market cap
3,876,699,000
Revenue TTM
$24,590,000
Net income TTM
$-355,060,000
P/E (trailing)
0.00
P/E (forward)
—
Profit margin
-1,443.92%
Debt to equity
0.03

Trading

Volume
13,705,509
Avg volume
15,754,284
Day's range
$9.81 – $10.40
Shares out
369,914,000
Stochastic %K
66%
Beta
2.35
Analysts
Strong Buy
Price target
$32.44

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. The company has a collaboration with the University of Arkansas to establish leadership, education, and independent research focused on the application of quantum computing to supply chain management across retail, transportation, and national defense. 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

dragon_heart Nov 12, 8:58 PM
$NVDA $QUBT $RGTI $IONQ $QBTS Usually, this would be a good dip for me. But if this is the direction Nvidia is heading, revenue will drop significantly from here on. This earnings will be the biggest “sell the news” event in tech history.
0 replies
Sinan_No1 Nov 12, 8:58 PM
$QBTS Unbelievable. A company like Nvidia, plagued by scandals and the dismissal of its CEO, is holding better than D-Wave. Absolutely unbelievable.
2 replies
Vkyoko Nov 12, 8:56 PM
$IONQ •With $3.7 billion in cash and investments, IonQ holds seven times the cash reserves of Rigetti or D-Wave (which have roughly $500 million each), giving it far stronger protection against liquidity crunches. Even though its market cap is larger, paying ~29x forward sales for IonQ is far more conservative than paying 93x sales for D-Wave or 190x sales for Rigetti, especially after Rigetti recently missed its revenue estimates. $RGTI $NVDA $QBTS
0 replies
Rudder64 Nov 12, 8:52 PM
$QBTS Someone ask Alan if I oil is still a short.
0 replies
Reanimated666 Nov 12, 8:36 PM
$QBTS This stock is a 💩
0 replies
GreenProphet22 Nov 12, 8:32 PM
$QBTS def wish i would of sold at 30.00 $4.85 average on 3500 shares. Smh Hodl now for sure. Wont sale even if it goes to 1dollar. Has to hit 30 before i will sell it!
3 replies
Zio_Fauss Nov 12, 8:14 PM
$INFQ Ugly day across the whole quantum sector, so I’m not reading too much into one red session. What matters to me: • 30M+ shares short • 4.9 DTC • Q2 revenue +157% YoY • $500M+ liquidity, no debt • Multiple revenue paths: computing, sensing, clocks, RF, navigation • Earnings Monday Volume today is also light compared to average, so this doesn’t look like heavy distribution to me. Would love to see a strong bounce tomorrow and get back toward $9.50–$10 before earnings. The real test is Monday. If the numbers and guidance are solid, I still think the valuation gap vs $IONQ $RGTI $QBTS $QUBT becomes hard to ignore. Still long. Still watching.........!
0 replies
Mike_Fort Nov 12, 7:54 PM
$QBTS if this hits 9.75 in the insomniac hours, should be a good swing back up to low 10s tomorrow, good for a 6-8% bump. Crossing fingers.
0 replies