QBTS Stock Overview
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
D-Wave Quantum Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.48 |
| 52 Week High | US$3.20 |
| 52 Week Low | US$0.40 |
| Beta | 0.89 |
| 1 Month Change | -24.10% |
| 3 Month Change | 80.49% |
| 1 Year Change | 200.20% |
| 3 Year Change | -85.13% |
| 5 Year Change | n/a |
| Change since IPO | -85.42% |
Recent News & Updates
Recent updates
D-Wave: Aiming To Leverage Zapata's Industrial Generative AI
Mar 08Quantum Races: D-Wave's Bold Bet Against Giants
Oct 23D-Wave Q2: Profitability Issues, But Its Product Is Seeing Traction From AI
Aug 11D-Wave: Quantum Computing Might Be With Us
Jun 04D-Wave and Davidson Technologies enter multi-year reseller agreement
Jan 05D-Wave Quantum GAAP EPS of -$0.11, revenue of $1.7M
Nov 10D-Wave Quantum: Revolutionary Product That Could Change The World
Oct 11D-Wave Quantum reports Q2 results
Aug 16Shareholder Returns
| QBTS | US Software | US Market | |
|---|---|---|---|
| 7D | -11.4% | -0.2% | 1.0% |
| 1Y | 200.2% | 33.9% | 21.9% |
Return vs Industry: QBTS exceeded the US Software industry which returned 39.8% over the past year.
Return vs Market: QBTS exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| QBTS volatility | |
|---|---|
| QBTS Average Weekly Movement | 20.3% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: QBTS's share price has been volatile over the past 3 months.
Volatility Over Time: QBTS's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 200 | Alan Baratz | www.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
| QBTS fundamental statistics | |
|---|---|
| Market cap | US$239.30m |
| Earnings (TTM) | -US$82.71m |
| Revenue (TTM) | US$8.76m |
27.3x
P/S Ratio-2.9x
P/E RatioIs QBTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QBTS income statement (TTM) | |
|---|---|
| Revenue | US$8.76m |
| Cost of Revenue | US$4.14m |
| Gross Profit | US$4.62m |
| Other Expenses | US$87.34m |
| Earnings | -US$82.71m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.51 |
| Gross Margin | 52.77% |
| Net Profit Margin | -944.45% |
| Debt/Equity Ratio | -262.4% |
How did QBTS perform over the long term?
See historical performance and comparison