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D-Wave Quantum NYSE:QBTS Stock Report

Last Price

US$1.64

Market Cap

US$367.4m

7D

0.6%

1Y

87.2%

Updated

18 Nov, 2024

Data

Company Financials +

D-Wave Quantum Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for D-Wave Quantum
Historical stock prices
Current Share PriceUS$1.64
52 Week HighUS$2.44
52 Week LowUS$0.68
Beta0.95
11 Month Change40.17%
3 Month Change72.80%
1 Year Change87.21%
33 Year Change-83.40%
5 Year Changen/a
Change since IPO-83.84%

Recent News & Updates

Recent updates

D-Wave: Buying Before Earnings

Oct 30

D-Wave: Aiming To Leverage Zapata's Industrial Generative AI

Mar 08

Quantum Races: D-Wave's Bold Bet Against Giants

Oct 23

D-Wave Q2: Profitability Issues, But Its Product Is Seeing Traction From AI

Aug 11

D-Wave: Quantum Computing Might Be With Us

Jun 04

D-Wave and Davidson Technologies enter multi-year reseller agreement

Jan 05

D-Wave Quantum GAAP EPS of -$0.11, revenue of $1.7M

Nov 10

D-Wave Quantum: Revolutionary Product That Could Change The World

Oct 11

D-Wave Quantum reports Q2 results

Aug 16

Shareholder Returns

QBTSUS SoftwareUS Market
7D0.6%-0.4%-2.1%
1Y87.2%22.9%29.6%

Return vs Industry: QBTS exceeded the US Software industry which returned 22.9% over the past year.

Return vs Market: QBTS exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is QBTS's price volatile compared to industry and market?
QBTS volatility
QBTS Average Weekly Movement15.2%
Software Industry Average Movement7.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: QBTS's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: QBTS's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1999200Alan Baratzwww.dwavesys.com

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 production implementation.

D-Wave Quantum Inc. Fundamentals Summary

How do D-Wave Quantum's earnings and revenue compare to its market cap?
QBTS fundamental statistics
Market capUS$367.38m
Earnings (TTM)-US$73.82m
Revenue (TTM)US$9.42m

39.0x

P/S Ratio

-5.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QBTS income statement (TTM)
RevenueUS$9.42m
Cost of RevenueUS$3.37m
Gross ProfitUS$6.06m
Other ExpensesUS$79.87m
Earnings-US$73.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.33
Gross Margin64.27%
Net Profit Margin-783.28%
Debt/Equity Ratio-272.4%

How did QBTS perform over the long term?

See historical performance and comparison