D-Wave Quantum
QBTS
Market cap $209M

1.04 USD

+0.00

0.00%

At close Oct 17, 4:00 PM EDT

After hours

1.04

+0.00

0.00%

1 day

0.00%

5 days

18.18%

1 month

4.22%

3 months

-9.57%

6 months

-37.72%

Year to date

26.51%

1 year

10.52%

5 years

-89.60%

About: D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is the commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The Company's mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modelling. D-Wave's annealing quantum computers are accessible through the Company's LeapTM cloud service.

Employees: 200

Information Technology Computer Processing & Data Preparation

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

233% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 6

124% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 17

37% more funds holding

Funds holding: 57 [Q1] → 78 (+21) [Q2]

5.26% more ownership

Funds ownership: 59.12% [Q1] → 64.38% (+5.26%) [Q2]

32% less capital invested

Capital invested by funds: $137M [Q1] → $92.8M (-$43.9M) [Q2]

63% less call options, than puts

Call options by funds: $125K | Put options by funds: $337K

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Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$2

92%

upside

Avg. target

$2.65

155%

upside

High target

$3

188%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

Roth MKM Suji Desilva 50% 1-year accuracy 15 / 30 met price target	92%upside $2	Buy Maintained	13 Aug 2024
Benchmark David Williams 58% 1-year accuracy 25 / 43 met price target	188%upside $3	Buy Maintained	12 Aug 2024
WestPark Capital Kevin Garrigan 31% 1-year accuracy 4 / 13 met price target	188%upside $3	Buy Reiterated	9 Aug 2024
Needham Quinn Bolton 45% 1-year accuracy 46 / 103 met price target	116%upside $2.25	Buy Maintained	9 Aug 2024
B. Riley Securities Craig Ellis 28% 1-year accuracy 15 / 53 met price target	188%upside $3	Buy Initiated	25 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about QBTS published over the past 30 days

D-Wave Brings Quantum Optimization to 2024 INFORMS Annual Meeting

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced its upcoming participation in the 2024 INFORMS Annual Meeting, Oct. 20-23, in Seattle, Washington. Aligned with the event's theme, "Smarter Decisions for a Better World," D-Wave will be a featured speaker in the event's Technology Showcase, host an exhibitor.

D-Wave Brings Quantum Optimization to 2024 INFORMS Annual Meeting

D-Wave Receives Notice of Non-Compliance with NYSE Trading Share Price Listing Rule

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that it received notice from the New York Stock Exchange (the “NYSE”) on October 2, 2024 that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because, as of October 2, 2024, the average closing price of the Company's common stoc.

D-Wave Receives Notice of Non-Compliance with NYSE Trading Share Price Listing Rule

D-Wave Introduces Service-Level Agreements for Leap Quantum Cloud Customers in Production

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced the introduction of service-level agreements (SLAs) specifically tailored for Leap™ quantum cloud service customers who are transitioning applications into production. By establishing formal SLAs, D-Wave stands behind the high levels of availability, reliabil.

D-Wave Introduces Service-Level Agreements for Leap Quantum Cloud Customers in Production

D-Wave CEO Dr. Alan Baratz to Deliver Mainstage Keynote at Yotta 2024

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that CEO Dr. Alan Baratz will participate in one of the closing mainstage keynotes of the Yotta 2024 conference on October 9, 2024 in Las Vegas, Nevada. As the first-ever event that covers the entire digital infrastructure ecosystem, Yotta 2024 brings togethe.

D-Wave CEO Dr. Alan Baratz to Deliver Mainstage Keynote at Yotta 2024

Japan Tobacco Inc. and D-Wave Announce Collaboration Aimed at Accelerating Innovative Drug Discovery with Quantum AI

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) today announced plans to collaborate on a joint proof-of-concept project that will leverage quantum computing technology and artificial intelligence (“AI”) in the drug discovery process, i.e., “Quantum AI-driven Dr.

Japan Tobacco Inc. and D-Wave Announce Collaboration Aimed at Accelerating Innovative Drug Discovery with Quantum AI

D-Wave Expands Executive Leadership Bench with New Chief Human Resources Officer

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced it is expanding its executive team with the appointment of Sophie Ames as chief human resources officer. At D-Wave, Ames will lead the global human capital innovation strategy essential to the Company's next phase of growth and will focus on building strong c.

D-Wave Expands Executive Leadership Bench with New Chief Human Resources Officer

D-Wave and Staque Announce Strategic Partnership to Accelerate Annealing Quantum Computing Adoption Across the Middle East

PALO ALTO, Calif. & CALGARY, Alberta--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, announced a new strategic partnership aimed at accelerating the commercial adoption of annealing quantum computing across the Middle East. The partnership wa.

D-Wave and Staque Announce Strategic Partnership to Accelerate Annealing Quantum Computing Adoption Across the Middle East

D-Wave Announces First-Ever Qubits UAE 2024

PALO ALTO, Calif. & DUBAI, United Arab Emirates--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced that it is hosting the first-ever Qubits UAE 2024 quantum computing event in Dubai. Co-organized by D-Wave and Staque, a leading consulting and development practice in AI, blockchain and quantum computing, Qubits UAE will take pl.

D-Wave Announces First-Ever Qubits UAE 2024

D-Wave to Showcase the Impact of Quantum-Powered Optimization at Info-Tech LIVE

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced its participation in Info-Tech Research Group's annual flagship conference, Info-Tech LIVE, on September 17, 2024 in Las Vegas, Nevada. Aligned with the conference theme “Exponential IT in Motion,” Alexander Condello, D-Wave's director of algorithms, tools, a.

D-Wave to Showcase the Impact of Quantum-Powered Optimization at Info-Tech LIVE

D-Wave to Participate in Quantum World Congress 2024

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, announced its participation at Quantum World Congress, to be held Sept. 9-11 at Capital One Hall in Tysons, Virginia. Aligned with the event's mission to propel the acceleration and commercialization of quantum technologies, D-Wave leaders will bring unique perspectives from.

D-Wave to Participate in Quantum World Congress 2024

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