D Wave Quantum Stock Today

QBTS Stock  USD 1.97  0.30  17.96%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 66

 
High
 
Low
Quite High
D Wave is selling for under 1.97 as of the 22nd of November 2024; that is 17.96% up since the beginning of the trading day. The stock's lowest day price was 1.67. D Wave has more than 66 % chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. Equity ratings for D Wave Quantum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
8th of August 2022
Category
Technology
Classification
Information Technology
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. The company has 224.02 M outstanding shares of which 16.1 M shares are at this time shorted by private and institutional investors with about 2.59 trading days to cover. More on D Wave Quantum

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QBTS Stock Highlights

CEO PresidentAlan Baratz
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NYSE Composite, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.140.1476
Notably Down
Slightly volatile
Gross Profit Margin0.740.5277
Significantly Up
Slightly volatile
Total Current Liabilities13.6 M11.2 M
Fairly Up
Pretty Stable
Non Current Liabilities Total76.2 M72.6 M
Sufficiently Up
Slightly volatile
Total Assets45.8 M59.4 M
Significantly Down
Pretty Stable
Total Current Assets33.4 M47 M
Way Down
Slightly volatile
Debt Levels
D Wave can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand D Wave's financial leverage. It provides some insight into what part of D Wave's total assets is financed by creditors.
Liquidity
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.

Other Cashflows From Financing Activities

44.67 Million
D Wave Quantum (QBTS) is traded on New York Stock Exchange in USA. It is located in 3033 Beta Avenue, Burnaby, BC, Canada, V5G 4M9 and employs 200 people. D Wave is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 374.11 M. D Wave Quantum conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 224.02 M outstanding shares of which 16.1 M shares are at this time shorted by private and institutional investors with about 2.59 trading days to cover. 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.
Check D Wave Probability Of Bankruptcy
Ownership Allocation
D Wave holds a total of 224.02 Million outstanding shares. Over half of D Wave's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check QBTS Ownership Details

QBTS Stock Institutional Holders

InstituionRecorded OnShares
Marshall Wace Asset Management Ltd2024-06-30
232.1 K
Charles Schwab Investment Management Inc2024-09-30
229.6 K
Susquehanna International Group, Llp2024-06-30
226.2 K
Bank Of New York Mellon Corp2024-06-30
220.5 K
Squarepoint Ops Llc2024-06-30
143.4 K
Xtx Topco Ltd2024-06-30
142.8 K
Simplex Trading, Llc2024-06-30
117.7 K
Jane Street Group Llc2024-06-30
103 K
Group One Trading, Lp2024-06-30
92.9 K
Public Sector Pension Investment Board2024-09-30
59.4 M
Blackrock Inc2024-06-30
6.2 M
View D Wave Diagnostics

D Wave Historical Income Statement

At this time, D Wave's Net Interest Income is comparatively stable compared to the past year. Gross Profit is likely to gain to about 4.9 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 1.5 M in 2024. View More Fundamentals

QBTS Stock Against Markets

D Wave Corporate Management

Diane NguyenGeneral SecretaryProfile
Michelle MaggsVice MarketingProfile
Mohammad AminPrincipal ScientistProfile
Trevor LantingAlgorithms SoftwareProfile
John MarkovichChief OfficerProfile
Victoria BrydonVP ExcellenceProfile
Michele MacreadyAlgorithms, SoftwareProfile

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.