In the last trading session, 81.92 million D-Wave Quantum Inc (NYSE:QBTS) shares changed hands as the company’s beta touched 1.48. With the company’s per share price at $18.62 changed hands at $2.15 or 13.05% during last session, the market valuation stood at $5.78B. QBTS’s last price was a discount, traded about -6.12% off its 52-week high of $19.76. The share price had its 52-week low at $0.75, which suggests the last value was 95.97% up since then.
Analysts gave the D-Wave Quantum Inc (QBTS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended QBTS as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. D-Wave Quantum Inc’s EPS for the current quarter is expected to be -0.06.
D-Wave Quantum Inc (NYSE:QBTS) trade information
Instantly QBTS was in green as seen at the end of in last trading. With action 14.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 121.67%, with the 5-day performance at 14.02% in the green. However, in the 30-day time frame, D-Wave Quantum Inc (NYSE:QBTS) is 170.25% up.
The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need a downside of -644.8% from its current market value. According to analyst projections, QBTS’s forecast low is 2 with 4 as the target high. To hit the forecast high, the stock’s price needs a 78.52% surge from its current level, while the stock would need to tank 89.26% for it to hit the projected low.
D-Wave Quantum Inc (QBTS) estimates and forecasts
Year-over-year growth is forecast to reach 175.93% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 2.58M. 6 analysts are of the opinion that D-Wave Quantum Inc’s revenue for the current quarter will be 3.18M. The company’s revenue for the corresponding quarters a year ago was 2.18M and 1.87M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.13%. The estimates for the next quarter sales put growth at 70.28%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.61%. The 2025 estimates are for D-Wave Quantum Inc earnings to increase by 55.90%, but the outlook for the next 5-year period is at 32.49% per year.
QBTS Dividends
D-Wave Quantum Inc is expected to release its next quarterly earnings report in July.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 3.6098% or 6.21 million shares worth $7.08 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 6.05 shares estimated at $112.72 million under it, the former controlled 1.97% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.47% of the shares, roughly 4.5 shares worth around $83.79 million.
