D-Wave QuantumQBTS
About: D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. The Company's mission is to unlock the power of quantum computing today to benefit business and society. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the Company's LeapTM cloud service.
Employees: 200
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,222% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 9
819% more capital invested
Capital invested by funds: $83.7M [Q3] → $770M (+$686M) [Q4]
200% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 17
126% more funds holding
Funds holding: 86 [Q3] → 194 (+108) [Q4]
23% more call options, than puts
Call options by funds: $63.7M | Put options by funds: $51.8M
13.31% less ownership
Funds ownership: 54.0% [Q3] → 40.69% (-13.31%) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Roth MKM Suji Desilva 45% 1-year accuracy 18 / 40 met price target | 7%downside $10 | Buy Maintained | 14 Mar 2025 |
B. Riley Securities Craig Ellis 21% 1-year accuracy 13 / 61 met price target | 11%upside $12 | Buy Maintained | 14 Mar 2025 |
Benchmark David Williams 26% 1-year accuracy 17 / 65 met price target | 26%downside $8 | Buy Reiterated | 14 Mar 2025 |
Needham Quinn Bolton 32% 1-year accuracy 46 / 146 met price target | 21%downside $8.50 | Buy Reiterated | 14 Mar 2025 |
Craig-Hallum Richard Shannon 41% 1-year accuracy 17 / 41 met price target | 17%downside $9 | Buy Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 40 articles about QBTS published over the past 30 days
