D-Wave Quantum Today
- 52-week range
- $ 0.75
▼
$ 11.95
- Value is valuable
- $ 8.42
D-Wave Quantum Inc. NYSE: QBTS It is one of the leaders among many small quantum computer companies competing with outdated technological giants, such as Microsoft Corp. NASDAQ: MSFT and Alphabet Inc. NASDAQ: GoogThe field of the quantum computing industry seeks to use quantum mechanics for the development of computers that can outstand even the best supercomputers for many orders of the size. The incredibly powerful incentive for the development of this technology, as evidenced by numerous ads of large technical firms of critical control indicators in the design of quantum computing chips only this year.
Smaller players, such as D-Wave, are faced with a difficult battle when they compete with Microsoft and their ilk at the Front of Research and Development, given the enormous inequality in the means that these companies have available chips design and testing. Thus, this was even more impressive when on March 12, D-Wave announced that he had reached a breakthrough demonstration of quantum superiority, and claimed that he was the first and only example of this feat to happen so far.
What is quantum superiority and what does it mean for D-Wave?
Quantum superiority traditionally refers to a theoretical case in which a quantum computer can solve a complex problem that cannot solve traditional supercomputers. In case of D-Wave, annealing a quantum computer, the prototype of Advantage2, was put against the Frontier supercomputer in an attempt to solve the problems of modeling magnetic materials.
D-Wave announced that his computer solved the problem in a matter of minutes, while the supercomputer would take about a million years and a huge amount of electricity to do the same.
Achieving D-Wave is a scientific first and iconic achievement in the highly competitive industry of quantum calculations. It also makes the system the advantages of the company more and more market; In the last quarter, D-Wave reached record quarterly booking in the amount of 18.3 million dollars. The United States partly due to the fact that it closed the first sale of the advantages in Germany in the Julikh Supercomputer Center. In March in March, in the fourth quarter, managers announced that the company had a significant additional percentage.
Should investors bet on the future of D-Wave in quantum calculations?
Quantum superiority is a wonderful feat that D-Wave created as a leading company of quantum computers. Nevertheless, many analysts expect that the widespread commercial use of quantum computers for many years. This means that D-Wave and other small companies in this industry do not have a wide client base and, thus, are not yet profitable.
The last D-Wave quarter, along with an increase in GAAP gross profit by 20% in annual terms of up to $ 5.6 million. The United States for 2024 is the financial year, emphasize its strong commercial attractiveness, even before the launch of a commercial product. Nevertheless, its client base is extremely niche: the company announced that in 2024 it declared only 135 customers consisting of many research institutions, government and commercial customers. Pure losses over the year increased to $ 143.9 million. USA. On the other hand, D-Wave has about $ 300 million in cash, available to him as of the end of 2024, which, according to the company, should give him a wide bandwidth in his efforts to achieve sustainable profitability.
Warning
D-Wave Quantum stock forecast today
$ 8.42
-14.85% of the lackBuy
Based on 6 analysts ratings
| The current price | $ 9.88 |
|---|---|
| High forecast | $ 12.00 |
| Average forecast | $ 8.42 |
| Low forecast | $ 3.00 |
D-Wave Quantum stock forecast
It is not surprising that the QBTS shares have jumped out on the basis of news about the feat of quantum superiority and after the D-Wave report. As of March 18, 2025, they increased by more than 91% over the past five days and about 360% last year. D-Wave turned out to be overvalued even to a quick rally after innovative news, especially after the shares grew over $ 10. In particular, its P/S ratio is a colossal 328.3.
Investors from a accordingly long-term point of view may find that D-Wave at a price of affordable price, but shares may be more likely to abandon some of these profits before the company reaches constant profitability. Investors must carefully consider their temporary horizon before climbing D-Wave, although recent news about quantum superiority is exciting for the company.
If and when the price is discharged, this can provide an even more convincing opportunity for most investors in the quantum calculation space to introduce a new position or expand the existing one.
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