D-Wave Quantum Inc.'s stock surged +164% over the past month on Advantage2's launch and $15M in sales for Q1 versus $8.8M for FY24. We're calling 'sell' on D-Wave because the revenue growth this quarter is on a one-time sale rather than commercial/enterprise adoption. Not to mention, the market is ignoring the big fat red flag from this quarter: declining bookings, down 64% to $1.6M from $4.5M ...
Not for the first time in their relatively brief existences, quantum computing stocks shot well higher in value on Thursday. That wasn't due to any fresh innovation, discovery, or major business move.
D-Wave Quantum Inc. NYSE: QBTS is one of the leading pioneers blazing a path and defining the future of the commercial quantum computing sector. The company distinguishes itself by being the only one commercially building both specialized quantum annealing systems, which are delivering value today, and also developing gate-model quantum computers for broader future applications.
D-Wave Quantum Inc. delivered impressive Q1 results with 508% revenue growth, but this was driven by a one-off system sale, not recurring QCaaS revenue. Despite a strong cash position from a large equity raise, significant shareholder dilution and ongoing cash burn create uncertainty about future profitability. The path to long-term success hinges on scaling the QCaaS business, expanding enterp...
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.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.