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QBTSD-Wave Quantum Inc. · NYSE · Technology
$29.40+$3.66 · +14.22%
MKT 10.98B

Company Overview

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

Sector
Technology
Industry
Computer Hardware
Phone
604 285 2881
Headquarters
2650 East Bayshore Road
Palo Alto, CA, 94303
United States
Full-Time Employees
382

Key Metrics

Forward P/E
-78.27
Price to Book
12.47
Beta
1.95
Profit Margin
0.00%
Gross Margin
66.27%
Return on Equity
-55.27%
Return on Assets
-11.78%
Earnings Growth
N/A
Revenue Growth
-80.90%

Financial Health

Total Cash
$588.40M
Total Debt
$46.82M
Debt to Equity
4.17
Current Ratio
21.41
Free Cash Flow
$-63507248.00
Operating Cash Flow
$-97663000.00

Analyst Recommendations

Target Price (Mean)
$35.17
Target High
$45.00
Target Low
$19.58
Recommendation
strong_buy
Analyst Coverage
15 Analysts

Trading Ideas

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