Shares of D-Wave Quantum NYSE: QBTS experienced an epic journey in the first five months of 2025 amid both good news and outspoken bearish critique. As of mid-June, though, the bulls seem to be winning: shares of QBTS are up nearly 87% year-to-date (YTD) and an astonishing 1,400% in the past 12 months.
Does D-Wave Quantum Inc. (QBTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Israel Englander, the billionaire founder and CEO of Millennium Management is one of the world's most successful hedge fund managers.
D-Wave Quantum QBTS shares soared over 25% on Tuesday after the company announced its next-generation Advantage quantum computing system. Featuring D-Wave's most advanced quantum processor to date, the Advantage2 system is commercial-grade, and built to address real-world use cases in areas such as optimization, materials simulation and artificial intelligence (AI).
D-Wave Quantum Inc.'s stock was climbing more than 30% on Tuesday after the company announced the availability of its next-generation quantum computing system, Advantage2. But it remains unclear when the company will be able to book substantially larger revenue.
Shares in major quantum computer companies were on the rise again in premarket trading on Tuesday, highlighting what has been a volatile couple of weeks for a nascent industry that continues to captivate. Here's what's driving the latest news:
After rising by an astonishing 683% in the last year, quantum computing firm D-Wave Quantum Inc. NYSE: QBTS has left investors divided. On one hand are the bulls who feel that the company's recent technological achievements have the potential to upend computing as we know it; these investors suspect that, despite signs of being overvalued, D-Wave has ample room to continue to ascend.
Does D-Wave Quantum Inc. (QBTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
D-Wave shows promising path to profitability, making it a good buy.
D-Wave Quantum Inc. (NYSE:QBTS ) Q1 2025 Earnings Conference Call May 8, 2023 8:00 AM ET Company Participants Kevin Hunt - Investor Relations Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Conference Call Participants Harsh Kumar - Piper Sandler Craig Ellis - B. Riley Securities Quinn Bolton - Needham & Company Suji Desilva - Roth Capital Partners Tyler Anderson - Craig-Hallum Operator Good morning, everyone and welcome to D-Wave's First Quarter Fiscal Year 2025 Earnings Conference Call.
D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.11 per share a year ago.
D-Wave Quantum's first-quarter 2025 performance is likely to have reflected strength in its quantum computing solutions and strong demand among commercial customers.