D-Wave Quantum Inc [QBTS] stock prices are down -1.26% to $18.80 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QBTS shares have gain 53.47% over the last week, with a monthly amount glided 155.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
D-Wave Quantum Inc [NYSE: QBTS] stock has seen the most recent analyst activity on July 25, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $3. Previously, Needham started tracking the stock with Buy rating on April 08, 2024, and set its price target to $2.50. On October 19, 2022, Piper Sandler initiated with a Overweight rating and assigned a price target of $12 on the stock. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $20 on August 30, 2022.
The stock price of D-Wave Quantum Inc [QBTS] has been fluctuating between $0.75 and $19.52 over the past year. Currently, Wall Street analysts expect the stock to reach $2.75 within the next 12 months. D-Wave Quantum Inc [NYSE: QBTS] shares were valued at $18.80 at the most recent close of the market. An investor can expect a potential drop of -85.37% based on the average QBTS price forecast.
Analyzing the QBTS fundamentals
The D-Wave Quantum Inc [NYSE:QBTS] reported sales of 21.36M for trailing twelve months, representing a surge of 508.56%. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at -3.32%, Pretax Profit Margin comes in at -6.18%, and Net Profit Margin reading is -6.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.41, Equity is -2.28 and Total Capital is -0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.68 points at the first support level, and at 16.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.84, and for the 2nd resistance point, it is at 20.89.
Ratios To Look Out For
It’s worth pointing out that D-Wave Quantum Inc [NYSE:QBTS]’s Current Ratio is 20.73. As well, the Quick Ratio is 20.61, while the Cash Ratio is 20.29. Considering the valuation of this stock, the price to sales ratio is 257.17, the price to book ratio is 26.41.
Transactions by insiders
Recent insider trading involved Biscay Roger, Director, that happened on May 22 ’25 when 96521.0 shares were sold. Director, Biscay Roger completed a deal on May 21 ’25 to sell 15675.0 shares. Meanwhile, Chief Financial Officer Markovich John M. sold 0.4 million shares on May 21 ’25.
