D Wave Quantum Stock Analysis
| QBTS Stock | USD 2.93 0.96 48.73% |
D Wave Quantum is fairly valued with Real Value of 2.94 and Target Price of 3.5. The main objective of D Wave stock analysis is to determine its intrinsic value, which is an estimate of what D Wave Quantum is worth, separate from its market price. There are two main types of D Wave's stock analysis: fundamental analysis and technical analysis.
The D Wave stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. D Wave is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. QBTS Stock trading window is adjusted to America/New York timezone.
QBTS |
QBTS Stock Analysis Notes
About 55.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.41. D Wave Quantum had not issued any dividends in recent years. D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 190 people. To find out more about D Wave Quantum contact Alan Baratz at 604 630 1428 or learn more at https://www.dwavesys.com.D Wave Quarterly Total Revenue |
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D Wave Quantum Investment Alerts
| D Wave Quantum is way too risky over 90 days horizon | |
| D Wave Quantum appears to be risky and price may revert if volatility continues | |
| D Wave Quantum has high likelihood to experience some financial distress in the next 2 years | |
| D Wave Quantum currently holds 72.65 M in liabilities. D Wave Quantum has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about D Wave's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 8.76 M. Net Loss for the year was (82.72 M) with profit before overhead, payroll, taxes, and interest of 4.25 M. | |
| D Wave Quantum currently holds about 10.47 M in cash with (60.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09. | |
| D Wave Quantum has a poor financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: QBTS Stock Soars to 52-Week High, Reaching 2.47 - Investing.com |
D Wave Quantum Upcoming and Recent Events
| 12th of April 2024 Upcoming Quarterly Report | View | |
| 17th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
QBTS Largest EPS Surprises
Earnings surprises can significantly impact D Wave's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-14 | 2024-09-30 | -0.08 | -0.096 | -0.016 | 20 | ||
2024-05-13 | 2024-03-31 | -0.09 | -0.12 | -0.03 | 33 | ||
2023-11-09 | 2023-09-30 | -0.14 | -0.11 | 0.03 | 21 |
D Wave Environmental, Social, and Governance (ESG) Scores
D Wave's ESG score is a quantitative measure that evaluates D Wave's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of D Wave's operations that may have significant financial implications and affect D Wave's stock price as well as guide investors towards more socially responsible investments.
QBTS Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Marshall Wace Asset Management Ltd | 2024-06-30 | 232.1 K | Charles Schwab Investment Management Inc | 2024-09-30 | 229.6 K | Susquehanna International Group, Llp | 2024-06-30 | 226.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 220.5 K | Squarepoint Ops Llc | 2024-06-30 | 143.4 K | Simplex Trading, Llc | 2024-06-30 | 117.7 K | Xtx Topco Ltd | 2024-09-30 | 113 K | Jane Street Group Llc | 2024-06-30 | 103 K | Group One Trading, Lp | 2024-06-30 | 92.9 K | Public Sector Pension Investment Board | 2024-09-30 | 59.4 M | Blackrock Inc | 2024-06-30 | 6.2 M |
QBTS Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 656.36 M.QBTS Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.40) | (1.47) | |
| Return On Capital Employed | (1.67) | (1.76) | |
| Return On Assets | (1.39) | (1.46) | |
| Return On Equity | 3.38 | 3.55 |
Management Efficiency
D Wave Quantum has return on total asset (ROA) of (1.0278) % which means that it has lost $1.0278 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (34.9411) %, meaning that it created substantial loss on money invested by shareholders. D Wave's management efficiency ratios could be used to measure how well D Wave manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 3.55 in 2024, whereas Return On Tangible Assets are likely to drop (1.47) in 2024. At this time, D Wave's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 202.9 K in 2024, whereas Net Tangible Assets are likely to drop (7.1 M) in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.18) | (0.17) | |
| Tangible Book Value Per Share | (0.18) | (0.17) | |
| Enterprise Value Over EBITDA | (1.89) | (1.98) | |
| Price Book Value Ratio | (4.96) | (4.71) | |
| Enterprise Value Multiple | (1.89) | (1.98) | |
| Price Fair Value | (4.96) | (4.71) | |
| Enterprise Value | 152.8 M | 145.2 M |
Understanding the operational decisions made by D Wave management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Operating Margin (8.63) | Beta 0.946 | Return On Assets (1.03) | Return On Equity (34.94) |
Technical Drivers
As of the 25th of November, D Wave shows the Mean Deviation of 6.18, market risk adjusted performance of 0.4601, and Downside Deviation of 5.08. Compared to fundamental indicators, the technical analysis model provides you with a way to check timely technical drivers of D Wave, as well as the relationship between them. Please confirm D Wave Quantum standard deviation, as well as the relationship between the value at risk and kurtosis to decide if D Wave Quantum is priced correctly, providing market reflects its regular price of 2.93 per share. Please also check D Wave Quantum total risk alpha, which is currently at 0.4371 to verify the company can sustain itself sooner or later.D Wave Quantum Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. D Wave middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for D Wave Quantum. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
D Wave Quantum Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific D Wave insiders, such as employees or executives, is commonly permitted as long as it does not rely on D Wave's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases D Wave insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
D Wave Outstanding Bonds
D Wave issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. D Wave Quantum uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most QBTS bonds can be classified according to their maturity, which is the date when D Wave Quantum has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US267475AD30 Corp BondUS267475AD30 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
D Wave Predictive Daily Indicators
D Wave intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of D Wave stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
D Wave Corporate Filings
8K | 25th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 15th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 14th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 5th of November 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 31st of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
D Wave Forecast Models
D Wave's time-series forecasting models are one of many D Wave's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary D Wave's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About QBTS Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how D Wave prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling QBTS shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as D Wave. By using and applying QBTS Stock analysis, traders can create a robust methodology for identifying QBTS entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (9.44) | (9.92) | |
| Operating Profit Margin | (9.20) | (9.66) | |
| Net Loss | (9.44) | (9.92) | |
| Gross Profit Margin | 0.53 | 0.74 |
Current QBTS Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. QBTS analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. QBTS analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 3.5 | Strong Buy | 6 | Odds |
Most QBTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand QBTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of D Wave Quantum, talking to its executives and customers, or listening to QBTS conference calls.
QBTS Stock Analysis Indicators
D Wave Quantum stock analysis indicators help investors evaluate how D Wave stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading D Wave shares will generate the highest return on investment. By understating and applying D Wave stock analysis, traders can identify D Wave position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 7.1 M | |
| Long Term Debt | 63.9 M | |
| Common Stock Shares Outstanding | 138 M | |
| Total Stockholder Equity | -24.5 M | |
| Property Plant And Equipment Net | 10.8 M | |
| Cash And Short Term Investments | 41.3 M | |
| Cash | 41.3 M | |
| Accounts Payable | 1.5 M | |
| Net Debt | 31.3 M | |
| 50 Day M A | 1.1975 | |
| Total Current Liabilities | 11.2 M | |
| Other Operating Expenses | 89.3 M | |
| Non Current Assets Total | 12.3 M | |
| Non Currrent Assets Other | 189 K | |
| Stock Based Compensation | 21.9 M |
Additional Tools for QBTS Stock Analysis
When running D Wave's price analysis, check to measure D Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.