Key Points D-Wave Quantum's stock is up over 1,700% in the past 12 months. D-Wave Quantum has commercially available products, while many competitors are still in the research phase. 10 stocks we like better than D-Wave Quantum › Quantum computing is receiving increasing attention as the next major technological advancement. Even the U.S. government is considering taking equity stakes in American quantum computing companies to ensure it remains at the forefront of the technology. One company that h ...

Key Points D-Wave’s share price increased by more than 1,000% over a 12-month span ranging from late 2024 through 2025. The company surpassed 100 customers and continues to grow revenue. Quantum computing’s commercial viability largely remains to be seen, but potential market size could top $100 billion in the next decade. These 10 stocks could mint the next wave of millionaires › For a second, let's assume the commercial uses for quantum computing take off spectacularly. In this hypothetical, in ...

Core Insights - Quantum computing is gaining significant attention as an emerging technology, with D-Wave Quantum being a leading company in this space [1] Company Performance - D-Wave Quantum's stock has increased approximately 1,280% over the past year, turning a $1,500 investment into around $20,700 [2] - The company reported a revenue of $3.7 million in the third quarter, doubling year over year, but also incurred a loss of $140 million [3] - D-Wave Quantum has a market capitalization of $8 billion and is currently trading at over 408 times its projected sales for the next 12 months, indicating a high valuation [4][5] Market Position - D-Wave Quantum is characterized as a pure quantum computing hardware and services company, although it remains a relatively new player in the commercial market [3] - The company operates in a hypergrowth mode, which is expected to lead to losses, adding risk to investments [5] - While investing in D-Wave Quantum offers exposure to quantum computing, there are less risky and more diversified technology investment options available [6]

Group 1 - Quantum computing concept stocks in the US saw a significant pre-market surge on November 17, with QUBT rising over 22% after its earnings report [1] - QBTS experienced an increase of over 4%, while IONQ and RGTI both rose nearly 3% [1]

Core Insights - The rapid rise of quantum computing stocks has faced a significant slowdown, with concerns about their sustainability and future performance [1][3]. Stock Performance - Over the past year, quantum computing stocks such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have seen remarkable gains of 97%, 1,590%, 1,420%, and 627% respectively, leading to substantial returns for early investors [2]. - Despite these gains, recent operating results indicate that these stocks may be overvalued, with significant pullbacks expected [3][18]. Revenue and Market Capitalization - IonQ reported $39.9 million in revenue for the September quarter, a 222% increase year-over-year, but this revenue does not justify its market cap, which has decreased to $16.1 billion [11]. - Rigetti Computing's revenue fell to $1.9 million, down from nearly $2.4 million the previous year, highlighting its struggles despite a previous market cap exceeding $15 billion [12]. - D-Wave Quantum achieved approximately $3.7 million in sales, a 100% increase from the prior year, but its annual sales run rate of $15 million is insufficient compared to its market cap of almost $14 billion [13]. Valuation Metrics - The price-to-sales (P/S) ratio for quantum computing stocks is currently in unsustainable territory, with IonQ at 141, Rigetti at 967, D-Wave at 282, and Quantum Computing Inc. at 4,729 [19]. - Historical trends suggest that premium valuations are not sustainable over long periods, as seen in past technology bubbles [16][17]. Future Outlook - The Boston Consulting Group estimates that quantum computing could generate between $450 billion and $850 billion in global economic value by 2040, while The Quantum Insider predicts $1 trillion by 2035 [7]. - Partnerships with major tech companies like Amazon and Microsoft are enhancing the visibility and potential of quantum computing, but the recent disappointing financial results may dampen investor enthusiasm [8][10].

Core Insights - The article discusses the potential of quantum computing companies, specifically IonQ and D-Wave, in driving the next generation of artificial intelligence (AI) [1][2][3] Company Overview - IonQ is positioned as a leading quantum platform company, claiming to enhance AI processing capabilities with greater accuracy and energy efficiency compared to classical computers [4][5] - D-Wave focuses on annealing quantum computing, which is particularly effective for optimization tasks in AI model creation [8][10] Technology and Innovation - IonQ's quantum systems can expand limited datasets, making them suitable for training AI in various applications, including automotive [5] - D-Wave is integrating classical and quantum computing to create hybrid solutions, which have shown superior performance in AI applications like drug discovery [9][10][11] Financial Performance - In Q3, IonQ reported sales of $39.9 million, significantly higher than D-Wave's $3.7 million, although both companies are currently unprofitable [13] - IonQ's operating loss was $168.8 million, while D-Wave's was $27.7 million, indicating financial challenges for both [13][14] Funding and Valuation - IonQ has raised substantial capital through equity offerings, totaling $3 billion in 2023, while D-Wave raised $400 million [14] - IonQ's price-to-sales (P/S) ratio has decreased, suggesting better stock value compared to D-Wave, despite both companies having high sales multiples [15][17] Investment Outlook - IonQ's advancements, including the establishment of a quantum network in Geneva, combined with its higher revenue and lower valuation, position it as a more attractive investment compared to D-Wave [18]

Core Insights - Martin Shkreli has been shorting quantum computing stocks, believing they are overvalued due to hype rather than solid business fundamentals [3][4] - Recent market movements have resulted in significant losses for quantum computing stocks, with major players experiencing declines of over 50% in the past month [4] Company Analysis - Shkreli has targeted major quantum computing companies including IonQ Inc. (NYSE:IONQ), D-Wave Quantum, Inc. (NYSE:QBTS), Rigetti Computing (NASDAQ:RGTI), and Quantum Computing Inc. (NASDAQ:QUBT) [1][3] - Rigetti shares have dropped more than 50%, IonQ has lost 38%, D-Wave is down 43%, and Quantum Computing stock has also decreased by over 50% in the last 30 days [4] Market Sentiment - The initial rally in quantum stocks was driven by hype surrounding advancements in the sector and optimistic claims from company executives, which led to substantial paper losses for Shkreli [2][3] - Shkreli's recent commentary indicates a belief that the commercial viability of quantum computing is overstated and still decades away [3]

智通财经APP获悉，周五，多数量子计算概念股强势反弹，截至发稿，昆腾(QMCO.US)涨超10%， Quantum Computing(QUBT.US)涨超10%，D-Wave Quantum(QBTS.US)涨超2%，Rigetti Computing(RGTI.US)微涨。 ...

Core Insights - The article suggests that while artificial intelligence (AI) has been a major growth trend, quantum computing is emerging as a significant competitor, with stocks in this sector experiencing substantial gains over the past year [2][3]. Group 1: Quantum Computing Growth - Quantum computing stocks such as IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have seen price increases ranging from 123% to 2,090% over the past year, indicating strong investor interest and potential for early investors [2]. - The potential economic value of quantum computing is projected to reach up to $850 billion by 2040, with applications in AI, weather modeling, cybersecurity, and drug development [3]. Group 2: Financial Performance and Valuation Concerns - Despite significant sales growth, companies in the quantum computing sector are currently facing substantial operational losses, with IonQ reporting a loss from operations of $168.8 million, up from $53.1 million year-over-year [10][11]. - Valuations for quantum computing stocks are considered unsustainable, with IonQ, Rigetti, D-Wave, and Quantum Computing Inc. trading at price-to-sales (P/S) ratios that are historically high, indicating potential for a significant decline in stock prices [13][20]. Group 3: Historical Context and Market Trends - Historical trends show that new technologies often take time to mature, with past examples including the internet and other technological advancements, suggesting that quantum computing may follow a similar trajectory [5][6][7]. - The current stock market is also viewed as historically pricey, with the S&P 500's Shiller P/E Ratio peaking at 41.20, indicating that a market correction could adversely affect high-valuation stocks like those in the quantum computing sector [22][23].

We recently published 10 Stocks Suffer Heavy Selling Pressure. D-Wave Quantum Inc. (NYSE:QBTS) is one of the worst-performing stocks on Wednesday. D-Wave fell for a third day on Wednesday, shedding 8.93 percent to close at $26.40 apiece as investors continued to unload portfolios amid a disappointing earnings performance in the past quarter. In its latest earnings release, D-Wave Quantum Inc. (NYSE:QBTS) said it widened its net loss by 516 percent to $140 million from $22.7 million in the same period las ...