In recent trading session, D-Wave Quantum Inc (NYSE:QBTS) saw 20.19 million shares changing hands at last check today with its beta currently measuring 1.08. Company’s recent per share price level of $5.94 trading at $0.42 or 7.61% at last check today assigns it a market valuation of $1.84B. That most recent trading price of QBTS’s stock is at a discount of -92.09% from its 52-week high price of $11.41 and is indicating a premium of 87.37% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 109.11 million shares which gives us an average trading volume of 70.60 million if we extend that period to 3-months.

For D-Wave Quantum Inc (QBTS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.

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

Upright in the green today for gaining 7.61%, in the last five days QBTS remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $5.94 price level, adding 16.46% to its value on the day. D-Wave Quantum Inc’s shares saw a change of -29.29% in year-to-date performance and have moved -1.49% in past 5-day. D-Wave Quantum Inc (NYSE:QBTS) showed a performance of -40.06% in past 30-days. Number of shares sold short was 16.1 million shares which calculate 2.59 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -197.0% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 66.33% in reaching the projected high whereas dropping to the targeted low would mean a gain of 66.33% for stock’s current value.

D-Wave Quantum Inc (QBTS) estimates and forecasts

Statistics highlight that D-Wave Quantum Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 521.98% of value to its shares in past 6 months, showing an annual growth rate of 31.67% while that of industry is 26.20. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -0.07% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.23M for the same. And 6 analysts are in estimates of company making revenue of 2.55M in the next quarter. Company posted 2.91M and 2.46M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 25.46% while estimates for its earnings growth in next 5 years are of 20.88%.

D-Wave Quantum Inc (NYSE:QBTS)’s Major holders

Insiders are in possession of 1.79% of company’s total shares while institution are holding 55.45 percent of that, with stock having share float percentage of 56.46%. Investors also watch the number of corporate investors in a company very closely, which is 55.45% institutions for D-Wave Quantum Inc that are currently holding shares of the company. PUBLIC SECTOR PENSION INVESTMENT BOARD is the top institutional holder at QBTS for having 59.43 million shares of worth $67.75 million. And as of 2024-06-30, it was holding 36.8433 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 6.21 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.8522 of outstanding shares, having a total worth of $7.08 million.

On the other hand, ETF Series Solutions-Defiance Quantum ETF and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 4.49 shares of worth $25.97 million or 1.99% of the total outstanding shares. The later fund manager was in possession of 2.67 shares on Sep 30, 2024, making its stake of worth around $15.48 million in the company or a holder of 1.19% of company’s stock.