D-Wave QuantumQBTS
QBTS
About: D-Wave Quantum Inc. is in the development and delivery of quantum computing systems, software, and services, and it 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. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the Company's LeapTM cloud service.
Employees: 200
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
10% more funds holding
Funds holding: 78 [Q2] → 86 (+8) [Q3]
9% less call options, than puts
Call options by funds: $223K | Put options by funds: $244K
10% less capital invested
Capital invested by funds: $93M [Q2] → $83.6M (-$9.35M) [Q3]
10.5% less ownership
Funds ownership: 64.48% [Q2] → 53.98% (-10.5%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.25
65%
downside
Avg. target
$6.15
5%
downside
High target
$9
40%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Craig-Hallum Richard Shannon 77% 1-year accuracy 34 / 44 met price target | 40%upside $9 | Buy Maintained | 20 Dec 2024 |
Benchmark David Williams 60% 1-year accuracy 29 / 48 met price target | 24%upside $8 | Buy Maintained | 20 Dec 2024 |
Roth MKM Suji Desilva 58% 1-year accuracy 26 / 45 met price target | 9%upside $7 | Buy Maintained | 12 Dec 2024 |
B. Riley Securities Craig Ellis 28% 1-year accuracy 17 / 60 met price target | 30%downside $4.50 | Buy Maintained | 25 Nov 2024 |
Needham Quinn Bolton 50% 1-year accuracy 66 / 131 met price target | 65%downside $2.25 | Buy Reiterated | 15 Nov 2024 |
Financial journalist opinion
Based on 22 articles about QBTS published over the past 30 days
Neutral
Benzinga
21 hours ago
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet, Including QUBT, QBTS
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Neutral
Barrons
2 days ago
Quantum Computing Stocks Are Flying. Investors Should Brace for a Long Haul.
Three small computer companies doing quantum computing have seen their shares soar in value.
Positive
Forbes
3 days ago
What's Behind The 500% Rise In QBTS Stock?
The stock price of D-Wave Quantum (NYSE: QBTS), a quantum computing company, is up a whopping 500% in a month. D-Wave specializes in creating quantum computers that leverage quantum annealing technology to address complex optimization challenges.
Positive
Seeking Alpha
3 days ago
Undercovered ETFs: Quantum Computing, India, Digital Assets, Small Caps +
The 'Undercovered' Dozen series highlights lesser-covered ETFs, offering insights from various authors on potential investment opportunities and trends in this space. For Bitcoin exposure, Geneva Investor looks at the ARK 21Shares Bitcoin ETF which offers a simple, tax-efficient way to invest, tracking the CME CF Bitcoin Reference Rate. The WisdomTree India Earnings Fund ETF is David Johnson's top 2025 strong buy idea due to its portfolio of profitable Indian companies, benefiting from favorable demographics and U.S.-India relations.
Neutral
Business Wire
3 days ago
D-Wave Maintains SOC 2 Type 2 Compliance, Reinforcing Commitment to Delivering Secure, Enterprise-Grade Quantum Computing Solutions
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced the successful completion of its second SOC 2® Type 2 audit as of November 25, 2024, maintaining this rigorous compliance and marking its ongoing commitment to customer data security and protection. This milestone follows D-Wave's previous successful SOC 2 Type 2 audit completed in Dece.
Neutral
Business Wire
5 days ago
D-Wave CEO Dr. Alan Baratz Discusses Company's Growing Commercial Quantum Computing Momentum on Yahoo! Finance's “Catalysts”
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 that CEO Dr. Alan Baratz was interviewed on Yahoo! Finance's “Catalysts” show on Friday, December 13, where he discussed quantum computing's advantages, increasing momentum in the quantum industry, and D-Wave's unique approach and the real-world impact the company.
Positive
Yahoo Finance
1 week ago
Quantum computing related stocks share in Alphabet's gains
Quantum computing is in focus after Google (GOOG, GOOGL) unveiled its new quantum computing chip, Willow, which sent Alphabet stock higher. Catalysts Co-Hosts Seana Smith and Madison Mills take a look at quantum computing stocks that have shared in Alphabet's (Google's parent company) recent gains, including Rigetti Computing (RGTI), D-Wave Systems (QBTS), Quantum Computing (QUBT), and IonQ (IONQ).
Neutral
GlobeNewsWire
1 week ago
Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+
MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum Computing ETF has reached a major milestone, surpassing $400 million in assets under management (AUM) — a testament to the growing momentum behind quantum computing. QTUM, up 40%+ YTD as of 12/11/2024, is the first ETF dedicated to quantum computing, giving investors exposure to the companies building the computational backbone of the AI age.
Negative
Zacks Investment Research
1 week ago
Top 2025 Tech Trend: Hold 2 Quantum Computing Stocks, Avoid 1
Quantum computing is a rising tech trend for 2025. Keep a tab on stocks like D-Wave, Rigetti Computing and IonQ.
Positive
Finbold
1 week ago
2 quantum computing stocks to watch and invest in for the next big ‘tech leap'
The quantum computing industry is shaping to be one of the most dynamic investment frontiers, fueled by surging interest from commercial and government sectors.
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