D-Wave Quantum Today
- 52-week range
- $ 0.75
▼
$ 11.95
- Value is valuable
- $ 8.42
March was a big month of research developments for D-Wave Quantum Inc. NYSE: QBTSFirstly, the company announced that, according to its statement, it is the first successful feat of quantum superiority in history: the prototype of the prototype D-Wave2, which anneals a quantum computer, solved the problem of magnetic materials many orders faster than a leading supercomputer. Then, just a few days later, D-Wave introduced the new blockchain architecture using the same methods used to demonstrate quantum superiority.
These two breakthroughs can significantly affect the D-Wave-one business in the fast-growing field of quantum calculations, and the other in cryptocurrencies and any company using today’s blockchain technology. But what does this mean for investors today, especially taking into account the incompatible D-Wave performance in income and small sizes?
What is Quantum Blockchain and what does it mean for D-Wave?
In fact, the recent D-Wave article about its quantum achievement of the blockchain shows that the company used the methods of quantum calculations to generate and verify the blockchain Hash, the main tool used by the circuits of transaction encryption. D-Wave used four cloud annealing computers to perform distributed quantum calculations, probably for the first time. Until now, blockchain hash was made only on classic computers working on more and more powerful equipment.
One of the main problems with the current drift method is that it is as much as possible. As D-Wave notes, the annual energy consumption of bitcoins, one of the largest blockchain applications, but still only one use option is approximately equal to the annual need for Poland’s power. D-Wave believes that its quantum blockchain can be used to sharply reduce energy needs of 1000 or more.
This technology is undoubtedly promising, and D-Wave leap As a result, a quantum cloud service in real time can see a surge in interest. Nevertheless, the D-Wave distributed network included four quantum computers, while many previously existing blockchain networks use a significantly larger number of nodes. Investors may want to see how this technology is scaled and whether any changes or restrictions arise as a result of an emphasis on quantum calculations.
Impact on D-Wave shares
Interestingly, D-Wave shares fell by about 20% in 24 hours, starting with it during the time, trade on March 19, the day before the announcement. According to the coincidence, the announcement of the quantum blockchain D-Wave appeared on the same day as the comments from Nvidia Corp. NASDAQ: NVDA General Director Jensen Juang at the annual conference of this company. In January, Juan suggested that 15 years may not be enough time for the technology of quantum calculations to become generally useful; Promotions of QBT and other quantum companies fell sharply.
On March 20, Juan sent these earlier comments in demonstrating the support of the quantum industry, although the shares still fell. D-Wave was one of several companies that refused that day, along with competitors of Rigetti Computing Inc. NASDAQ: Rugi and others.
Of course, a reduction in the price of QBTS in January and again in March is relatively small compared to an increase in the assessment of the capital of the company over a longer period of time. As of March 21, the QBTS shares of about four times last year, despite the fact that they decreased by almost 18% of their many years of maximum just a week before.
D-Wave Quantum Inc. (QBTS) Monday price diagram, March 24, 2025
Why D-Wave may require a long-term investment horizon
D-Wave remains very valuable, with the ratio of price for sale 255.3. Moreover, an increase in the revenue of the company was and expected that it will currently remain slow, and at present it is traded several tens of times of its predicted sales for 2027. This is all in order to say that investors, feeling good about D-Wave technological achievements, should be prepared to wait for the company to be constantly profitable.
This may be one of the reasons why, despite all six Wall Street analysts that estimated the company offering the purchase, it has a consensus target price of only $ 8.42, USA, five cents higher than March 21 after the sale of the conference after Nvidia.
Indeed, someday the price of D-Wave shares in late March 2025 may seem comically low. But at the moment, investors must remember that, despite the promise of the company’s recent events, investments in this quantum calculation leader remain risky.
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