D-Wave Quantum Inc (NYSE:QBTS)’s traded shares stood at 86.1 million during the last session, with the company’s beta value hitting 1.47. At the close of trading, the stock’s price was $16.53, to imply a decrease of -2.36% or -$0.4 in intraday trading. The QBTS share’s 52-week high remains $19.76, putting it -19.54% down since that peak but still an impressive 95.46% since price per share fell to its 52-week low of $0.75.
Analysts have given a consensus recommendation of Buy for D-Wave Quantum Inc (QBTS), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give QBTS a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 4 recommend it as a Buy.
D-Wave Quantum Inc (NYSE:QBTS) trade information
After registering a -2.36% downside in the last session, D-Wave Quantum Inc (QBTS) has traded red over the past five days. The 5-day price performance for the stock is -7.24%, and 54.20% over 30 days. With these gigs, the year-to-date price performance is 96.79%.
The extremes give us $2 and $4 for target low and target high price respectively. As such, QBTS has been trading 75.8% off suggested target high and 87.9% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.61% for the past 5-year period. While 2025 is set for a 55.90% return in earnings, projections for the next 5 years are at 32.49% annually.
QBTS Dividends
D-Wave Quantum Inc has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is BLACKROCK INC. with 6.21 million shares, or about 3.6098% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.08 million.
