During the last session, D-Wave Quantum Inc (NYSE:QBTS)’s traded shares were 66.4 million, with the beta value of the company hitting 1.51. At the end of the trading day, the stock’s price was $16.27, reflecting an intraday loss of -7.29% or -$1.28. The 52-week high for the QBTS share is $19.76, that puts it down -21.45 from that peak though still a striking 95.39% gain since the share price plummeted to a 52-week low of $0.75. The company’s market capitalization is $4.75B, and the average intraday trading volume over the past 10 days was 150.72 million shares, and the average trade volume was 76.36 million shares over the past three months.
D-Wave Quantum Inc (QBTS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. QBTS has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
D-Wave Quantum Inc (NYSE:QBTS) trade information
D-Wave Quantum Inc (QBTS) registered a -7.29% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.29% in intraday trading to $16.27, hitting a weekly high. The stock’s 5-day price performance is 5.92%, and it has moved by 132.43% in 30 days. Based on these gigs, the overall price performance for the year is 1233.61%. The short interest in D-Wave Quantum Inc (NYSE:QBTS) is 52.04 million shares and it means that shorts have 1.02 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies a decrease of -550.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $4 respectively. As a result, QBTS is trading at a premium of 75.41% off the target high and 87.71% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.61%. While earnings are projected to return 55.90% in 2025, the next five years will return 32.49% per annum.
QBTS Dividends
D-Wave Quantum Inc is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
D-Wave Quantum Inc (NYSE:QBTS)’s Major holders
D-Wave Quantum Inc insiders own 2.62% of total outstanding shares while institutional holders control 31.31%, with the float percentage being 32.16%. PUBLIC SECTOR PENSION INVESTMENT BOARD is the largest shareholder of the company, while 326.0 institutions own stock in it. As of 2024-06-30, the company held over 59.43 million shares (or 34.5252% of all shares), a total value of $67.75 million in shares.
The next largest institutional holding, with 6.21 million shares, is of BLACKROCK INC.’s that is approximately 3.6098% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.08 million.
Also, the Mutual Funds coming in first place with the largest holdings of D-Wave Quantum Inc (QBTS) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 6.05 shares. This amounts to just over 2.10 percent of the company’s overall shares, with a $98.49 million market value. The same data shows that the other fund manager holds slightly less at 4.83, or about 1.67% of the stock, which is worth about $78.51 million.
