D-Wave Quantum Inc (NYSE: QBTS) Stock’s Potential for Success in the Coming Months

In the last trading session, 3.45 million D-Wave Quantum Inc (NYSE:QBTS) shares changed hands as the company’s beta touched 1.04. With the company’s per share price at $1.40 changed hands at -$0.05 or -3.45% during last session, the market valuation stood at $163.51M. QBTS’s last price was a discount, traded about -128.57% off its 52-week high of $3.20. The share price had its 52-week low at $0.40, which suggests the last value was 71.43% up since then. When we look at D-Wave Quantum Inc’s average trading volume, we note the 3-month average coming to 4.93 million.

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

Instantly QBTS was in red as seen at the end of in last trading. With action -2.78%, the performance over the past five days has been red. The drop to weekly highs of 1.5200 subtracted -3.45% to the stock’s daily price. The company’s shares are showing year-to-date upside of 59.07%, with the 5-day performance at -2.78% in the red. However, in the 30-day time frame, D-Wave Quantum Inc (NYSE:QBTS) is -30.00% down.

D-Wave Quantum Inc (QBTS) estimates and forecasts

Data shows that the D-Wave Quantum Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 73.61% over the past 6 months, a 40.00% in annual growth rate that is considerably higher than the industry average of 22.00%.

The 2024 estimates are for D-Wave Quantum Inc earnings to increase by 25.30%.

QBTS Dividends

D-Wave Quantum Inc is expected to release its next quarterly earnings report in June.