In last trading session, D-Wave Quantum Inc (NYSE:QBTS) saw 83.97 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $11.08 trading at $0.35 or 3.26% at ring of the bell on the day assigns it a market valuation of $3.24B. That closing price of QBTS’s stock is at a discount of -7.85% from its 52-week high price of $11.95 and is indicating a premium of 93.23% 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 73.38 million shares which gives us an average trading volume of 62.22 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.
D-Wave Quantum Inc (NYSE:QBTS) trade information
Upright in the green during last session for gaining 3.26%, in the last five days QBTS remained trading in the green while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $11.08 price level, adding 6.42% to its value on the day. D-Wave Quantum Inc’s shares saw a change of 31.90% in year-to-date performance and have moved 60.81% in past 5-day. D-Wave Quantum Inc (NYSE:QBTS) showed a performance of 57.83% in past 30-days. Number of shares sold short was 56.4 million shares which calculate 1.79 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a fall of -343.2% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would jump 81.95% in reaching the projected high whereas dropping to the targeted low would mean a gain of 81.95% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.61% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 55.90% while estimates for its earnings growth in next 5 years are of 32.49%.
D-Wave Quantum Inc (NYSE:QBTS)’s Major holders
Insiders are in possession of 2.63% of company’s total shares while institution are holding 25.79 percent of that, with stock having share float percentage of 26.49%. Investors also watch the number of corporate investors in a company very closely, which is 25.79% 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 34.5252 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 3.6098 of outstanding shares, having a total worth of $7.08 million.
On the other hand, iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 4.78 shares of worth $53.01 million or 1.66% of the total outstanding shares. The later fund manager was in possession of 3.48 shares on Dec 31, 2024 , making its stake of worth around $38.54 million in the company or a holder of 1.21% of company’s stock.
