D-WAVE QUANTUM (QBTS) Stock Jumps 11.9%: Will It Continue to Soar?

Company Overview - D-Wave Quantum Inc. (QBTS) shares increased by 11.9% to close at $26.88, supported by strong trading volume, and have gained 62.2% over the past four weeks [1] - The company is experiencing robust demand for its Advantage2 quantum systems and is expanding its quantum AI applications through strategic partnerships [1] Financial Performance - D-Wave Quantum is expected to report a quarterly loss of $0.07 per share, reflecting a year-over-year change of +36.4% [2] - Revenue expectations for the upcoming report are $3.12 million, which is a 66.8% increase compared to the same quarter last year [2] Earnings Estimates and Stock Movement - The consensus EPS estimate for D-Wave Quantum has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - D-Wave Quantum is part of the Zacks Internet - Software industry, where Global Business Travel Group, Inc. (GBTG) also holds a Zacks Rank of 3 (Hold) [3][4] - GBTG's consensus EPS estimate has remained unchanged at $0.02, representing a +109.1% change from the previous year [4]