D-Wave Quantum Inc
General ticker "QBTS" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $923.2M
D-Wave Quantum Inc follows the US Stock Market performance with the rate: 22.6%.
Estimated limits based on current volatility of 18.0%: low 6.51$, high 9.37$
Factors to consider:
- US accounted for 46.6% of revenue in the fiscal year ended 2022-12-31
- Current price 464.0% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [0.43$, 1.44$]
- 2024-12-30 to 2025-12-30 estimated range: [0.33$, 1.15$]
Financial Metrics affecting the QBTS estimates:
- Negative: Non-GAAP EPS, $ of -0.56 <= 0.10
- Negative: Operating profit margin, % of -90.19 <= 1.03
- Negative: Operating cash flow per share per price, % of -31.58 <= 2.35
- Negative: negative Net income
- Negative: Industry operating cash flow per share per price (median), % of 1.79 <= 3.85
- Positive: Industry inventory ratio change (median), % of -7.26 <= -0.39
Short-term QBTS quotes
Long-term QBTS plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $6.28MM | $7.17MM | $8.76MM |
| Operating Expenses | $38.06MM | $66.63MM | $89.30MM |
| Operating Income | $-31.78MM | $-59.46MM | $-80.55MM |
| Non-Operating Income | $0.24MM | $7.93MM | $-2.17MM |
| Interest Expense | $1.73MM | $4.63MM | $0.04MM |
| R&D Expense | $25.40MM | $32.10MM | $37.88MM |
| Income(Loss) | $-31.55MM | $-51.53MM | $-82.72MM |
| Taxes | $2.53MM | $-12.56MM | $0.00MM |
| Profit(Loss) | $-34.07MM | $-38.97MM | $-82.72MM |
| Stockholders Equity | $3.02MM | $-5.91MM | $-24.48MM |
| Inventory | $2.11MM | $2.20MM | $2.08MM |
| Assets | $32.61MM | $26.95MM | $59.36MM |
| Operating Cash Flow | $-34.80MM | $-45.23MM | $-60.65MM |
| Capital expenditure | $2.00MM | $0.50MM | $0.63MM |
| Investing Cash Flow | $-2.00MM | $-0.50MM | $-0.63MM |
| Financing Cash Flow | $24.91MM | $43.27MM | $95.64MM |
| Earnings Per Share* | $-0.27 | $-0.33 | $-0.60 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.