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After finishing at $6.44 in the prior trading day, D-Wave Quantum Inc (NYSE: QBTS) closed at $6.42, down -0.31%. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 14.05 million shares were traded. QBTS stock price reached its highest trading level at $6.645 during the session, while it also had its lowest trading level at $6.31.
Ratios:
Our goal is to gain a better understanding of QBTS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.08 and its Current Ratio is at 6.14. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on July 25, 2024, initiated with a Buy rating and assigned the stock a target price of $3.
On April 08, 2024, Needham started tracking the stock assigning a Buy rating and target price of $2.50.
On October 19, 2022, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $12.Piper Sandler initiated its Overweight rating on October 19, 2022, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 23 ’25 when Nguyen Diane sold 2,383 shares for $5.27 per share. The transaction valued at 12,558 led to the insider holds 448,162 shares of the business.
Markovich John M. sold 5,582 shares of QBTS for $29,417 on Jan 23 ’25. The Chief Financial Officer now owns 1,064,556 shares after completing the transaction at $5.27 per share. On Jan 23 ’25, another insider, BARATZ ALAN E, who serves as the President & CEO of the company, sold 8,372 shares for $5.27 each. As a result, the insider received 44,120 and left with 2,342,208 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QBTS now has a Market Capitalization of 1870460544 and an Enterprise Value of 1730853248. For the stock, the TTM Price-to-Sale (P/S) ratio is 211.83 while its Price-to-Book (P/B) ratio in mrq is 27.32. Its current Enterprise Value per Revenue stands at 196.086 whereas that against EBITDA is -22.74.
Stock Price History:
The Beta on a monthly basis for QBTS is 0.96, which has changed by 3.2516556 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, QBTS has reached a high of $11.95, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -7.20%, while the 200-Day Moving Average is calculated to be 71.87%.
Shares Statistics:
The stock has traded on average 69.47M shares per day over the past 3-months and 31678330 shares per day over the last 10 days, according to various share statistics. A total of 291.35M shares are outstanding, with a floating share count of 277.90M. Insiders hold about 4.62% of the company’s shares, while institutions hold 19.62% stake in the company. Shares short for QBTS as of 1743379200 were 49103023 with a Short Ratio of 0.71, compared to 1740700800 on 54448997. Therefore, it implies a Short% of Shares Outstanding of 49103023 and a Short% of Float of 22.659999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of D-Wave Quantum Inc (QBTS) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.04 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.14 and -$0.24 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.18, with 5.0 analysts recommending between -$0.12 and -$0.23.
Revenue Estimates
6 analysts predict $10.5M in revenue for the current quarter. It ranges from a high estimate of $12.04M to a low estimate of $10M. As of the current estimate, D-Wave Quantum Inc’s year-ago sales were $2.46MFor the next quarter, 6 analysts are estimating revenue of $3.7M. There is a high estimate of $7.05M for the next quarter, whereas the lowest estimate is $2.4M.
A total of 6 analysts have provided revenue estimates for QBTS’s current fiscal year. The highest revenue estimate was $27.14M, while the lowest revenue estimate was $18.9M, resulting in an average revenue estimate of $22.36M. In the same quarter a year ago, actual revenue was $8.83MBased on 6 analysts’ estimates, the company’s revenue will be $35.21M in the next fiscal year. The high estimate is $40.3M and the low estimate is $31.94M.
