During the last session, D-Wave Quantum Inc (NYSE:QBTS)’s traded shares were 3.4 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $1.52, reflecting an intraday loss of -1.94% or -$0.03. The 52-week high for the QBTS share is $3.20, that puts it down -110.53 from that peak though still a striking 73.68% gain since the share price plummeted to a 52-week low of $0.40. The company’s market capitalization is $177.52M, and the average trade volume was 4.78 million shares over the past three months.
D-Wave Quantum Inc (NYSE:QBTS) trade information
D-Wave Quantum Inc (QBTS) registered a -1.94% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.94% in intraday trading to $1.52, hitting a weekly high. The stock’s 5-day price performance is -8.98%, and it has moved by -26.92% in 30 days. Based on these gigs, the overall price performance for the year is 167.46%.
D-Wave Quantum Inc (QBTS) estimates and forecasts
Statistics show that D-Wave Quantum Inc has outperformed its competitors in share price, compared to the industry in which it operates. D-Wave Quantum Inc (QBTS) shares have gone up 96.13% during the last six months, with a year-to-date growth rate more than the industry average at 40.00% against 19.70. In the rating firms’ projections, revenue will increase 76.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 3.07M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 3.52M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.03M and 1.71M respectively. In this case, analysts expect current quarter sales to grow by 51.20% and then jump by 106.20% in the coming quarter.
While earnings are projected to return 25.30% in 2024.
QBTS Dividends
D-Wave Quantum Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
