Could D-Wave Quantum Inc (NYSE: QBTS) Be A Life-Changing Stock?

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In the last trading session, 2.9 million shares of the D-Wave Quantum Inc (NYSE:QBTS) were traded, and its beta was 0.97. Most recently the company’s share price was $1.59, and it changed around -$0.08 or -4.79% from the last close, which brings the market valuation of the company to $185.70M. QBTS currently trades at a discount to its 52-week high of $3.20, offering almost -101.26% off that amount. The share price’s 52-week low was $0.40, which indicates that the current value has risen by an impressive 74.84% since then. We note from D-Wave Quantum Inc’s average daily trading volume that its 3-month average coming to 4.63 million.

D-Wave Quantum Inc (NYSE:QBTS) trade information

Instantly QBTS has showed a red trend with a performance of -4.79% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently up 80.66% year-to-date, but still down -2.45% over the last five days. On the other hand, D-Wave Quantum Inc (NYSE:QBTS) is -22.44% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 47.0% from its current value. Analyst projections state that QBTS is forecast to be at a low of $2.5 and a high of $4.

D-Wave Quantum Inc (QBTS) estimates and forecasts

D-Wave Quantum Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 77.75 percent over the past six months and at a 40.00% annual growth rate that is well above the industry average of 20.50%.

QBTS Dividends

D-Wave Quantum Inc’s next quarterly earnings report is expected to be released in May.