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D-Wave Quantum Stock News
$24.89
4.58%
yesterday
NYSE,
Dec 18, 10:20 pm CET
Why the stock moved Beta
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D-Wave has seen incredible valuation gains in conjunction with rising interest in quantum computing. The company has been posting encouraging sales growth, but trades at a highly growth-dependent valuation.
D-Wave Quantum and Alphabet are pursuing technology to elevate artificial intelligence (AI) to new heights. D-Wave's quantum computers can provide potent computational power to AI systems, but Q3 sales were only $3.7 million.
While investors with a short-term perspective might have balked at autumnal declines across the industry, those with a more bullish perspective on quantum computing stocks are likely to ride out the recent turbulence. The technology is still developing and has not yet reached a point at which it is able to transform the lives of everyday users—most quantum computing clients are governments, uni...
We like to pick winners. But sometimes, that's hard to do. It's particularly so now for quantum computing, where everybody and everything is very new. But D-Wave Computing (QBTS) is already starting to separate itself from the pack. QBTS's dual approach—offering both annealing and gate-model quantum computers—positions it to address the full market opportunity.
Given the surge of interest and potential in quantum computing, it would also help explain why analysts at Jefferies say D-Wave Quantum (NASDAQ: QBTS) could surge 90% higher in 2026.
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