NYSE:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis $1.07 0.00 (0.00%) (As of 10:45 AM ET) Add Compare Share Share Today's Range$1.03▼$1.1150-Day Range$0.81▼$1.3352-Week Range$0.57▼$2.44Volume1.37 million shsAverage Volume3.96 million shsMarket Capitalization$215.53 millionP/E RatioN/ADividend YieldN/APrice Target$2.54 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get D-Wave Quantum alerts: Email Address D-Wave Quantum MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside134.8% Upside$2.54 Price TargetShort InterestBearish11.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.66Based on 6 Articles This WeekInsider TradingSelling Shares$81,920 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.41) to ($0.40) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.13 out of 5 starsComputer And Technology Sector277th out of 594 stocksData Processing & Preparation Industry24th out of 57 stocks 4.5 Analyst's Opinion Consensus RatingD-Wave Quantum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageD-Wave Quantum has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about D-Wave Quantum's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.97% of the float of D-Wave Quantum has been sold short.Short Interest Ratio / Days to CoverD-Wave Quantum has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in D-Wave Quantum has recently increased by 26.79%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldD-Wave Quantum does not currently pay a dividend.Dividend GrowthD-Wave Quantum does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for QBTS. Previous Next 3.1 News and Social Media Coverage News SentimentD-Wave Quantum has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for D-Wave Quantum this week, compared to 3 articles on an average week.Search InterestOnly 30 people have searched for QBTS on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.MarketBeat Follows15 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 114% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, D-Wave Quantum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $81,920.00 in company stock.Percentage Held by InsidersOnly 7.22% of the stock of D-Wave Quantum is held by insiders.Percentage Held by Institutions42.47% of the stock of D-Wave Quantum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about D-Wave Quantum's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for D-Wave Quantum are expected to grow in the coming year, from ($0.41) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of D-Wave Quantum is -2.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of D-Wave Quantum is -2.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Read more about D-Wave Quantum's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders Exposed$5k to $1.3m in just 3 tradesIt doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.Register for the imminent briefing here. About D-Wave Quantum Stock (NYSE:QBTS)D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation 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 vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.Read More QBTS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart QBTS Stock News HeadlinesAugust 20 at 10:09 AM | finance.yahoo.comNTT DOCOMO and D-Wave Improve Mobile Network Performance by 15% With Quantum Optimization TechnologyAugust 19 at 3:18 AM | americanbankingnews.comD-Wave Quantum Inc. (NYSE:QBTS) Receives Consensus Rating of "Buy" from BrokeragesAugust 22, 2024 | TradingTips (Ad)5 stocks that can double in 2024You still have time to access the 5 Stocks that Can Double in 2024 report for free.August 16, 2024 | msn.comTechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Quantum AI Product Roadmap Enhancements Highlighted in Syndicated BroadcastAugust 16, 2024 | americanbankingnews.comRoth Mkm Cuts D-Wave Quantum (NYSE:QBTS) Price Target to $2.00August 15, 2024 | au.finance.yahoo.comD-Wave Quantum Inc. (RQ0.F)August 14, 2024 | theglobeandmail.comD-Wave (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development InitiativeAugust 14, 2024 | americanbankingnews.comD-Wave Quantum (NYSE:QBTS) Price Target Cut to $3.00August 22, 2024 | TradingTips (Ad)5 stocks that can double in 2024You still have time to access the 5 Stocks that Can Double in 2024 report for free.August 13, 2024 | theglobeandmail.comLawmakers Support D-Wave (NYSE: QBTS), Davidson Partnership for Defense EffortsAugust 13, 2024 | finance.yahoo.comIBN Coverage: Lawmakers Support D-Wave (NYSE: QBTS), Davidson Partnership for Defense EffortsAugust 13, 2024 | finance.yahoo.comIBN Coverage: D-Wave Quantum (NYSE: QBTS) Releases Q2 2024 Financial Results Showing 'Traction on All Fronts'August 12, 2024 | americanbankingnews.comD-Wave Quantum (NYSE:QBTS) Price Target Lowered to $2.25 at Needham & Company LLCAugust 12, 2024 | globenewswire.comD-Wave Quantum Inc. (NYSE: QBTS) Featured in Syndicated Broadcast Highlighting Extended Product Roadmap, Enhancements to Quantum Cloud ServiceAugust 10, 2024 | finance.yahoo.comAnalysts Have Just Cut Their D-Wave Quantum Inc. (NYSE:QBTS) Revenue Estimates By 13%August 8, 2024 | finance.yahoo.comD-Wave Reports Second Quarter 2024 ResultsAugust 8, 2024 | msn.comD-Wave Quantum gives mixed Q2 resultsAugust 6, 2024 | finance.yahoo.comD-Wave Quantum Inc.'s (NYSE:QBTS) largest shareholders are individual investors with 50% ownership, institutions own 43%See More Headlines Receive QBTS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for D-Wave Quantum and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today8/22/2024Next Earnings (Estimated)11/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNYSE:QBTS CUSIPN/A CIK1907982 Webwww.dwavesys.com Phone604-630-1428FaxN/AEmployees3Year FoundedN/APrice Target and Rating Average Stock Price Target$2.54 High Stock Price Target$3.00 Low Stock Price Target$2.00 Potential Upside/Downside+134.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-82,710,000.00 Net Margins-661.66% Pretax Margin-664.39% Return on EquityN/A Return on Assets-111.58% Debt Debt-to-Equity RatioN/A Current Ratio1.09 Quick Ratio1.04 Sales & Book Value Annual Sales$8.76 million Price / Sales24.83 Cash FlowN/A Price / Cash FlowN/A Book Value($0.15) per share Price / Book-7.20Miscellaneous Outstanding Shares201,430,000Free Float158,904,000Market Cap$217.54 million OptionableOptionable Beta0.98 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesDr. Alan E. Baratz Ph.D. (Age 69)President, CEO & Director Comp: $766.35kMr. John M. Markovich (Age 67)Chief Financial Officer Comp: $494.05kMr. Eric LadizinskyCo-Founder and FellowMs. Diane NguyenGeneral CounselMs. Michelle MaggsVice President of Corporate MarketingDr. Mark W. JohnsonSenior Vice President of Quantum Technologies & Systems ProductsMore ExecutivesKey CompetitorsYextNYSE:YEXTInternational Money ExpressNASDAQ:IMXIApplied DigitalNASDAQ:APLDWilldan GroupNASDAQ:WLDNTremor InternationalNASDAQ:TRMRView All CompetitorsInsiders & InstitutionsMarshall Wace LLPBought 232,121 shares on 8/14/2024Ownership: 0.136%Squarepoint Ops LLCBought 143,390 shares on 8/14/2024Ownership: 0.084%XTX Topco LtdBought 142,848 shares on 8/12/2024Ownership: 0.083%Thoroughbred Financial Services LLCBought 40,000 shares on 8/8/2024Ownership: 0.023%Rhumbline AdvisersBought 81,152 shares on 8/1/2024Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions QBTS Stock Analysis - Frequently Asked Questions How have QBTS shares performed this year? D-Wave Quantum's stock was trading at $0.8801 at the start of the year. Since then, QBTS shares have increased by 22.7% and is now trading at $1.08. View the best growth stocks for 2024 here. Who are D-Wave Quantum's major shareholders? Top institutional shareholders of D-Wave Quantum include Marshall Wace LLP (0.14%), Bank of New York Mellon Corp (0.13%), Squarepoint Ops LLC (0.08%) and XTX Topco Ltd (0.08%). Insiders that own company stock include Emil Michael, Victoria Brydon, Diane Nguyen and Steven M West. View institutional ownership trends. How do I buy shares of D-Wave Quantum? Shares of QBTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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