If You'd Invested $1,000 in D-Wave Quantum Stock 3 Years Ago, Here's How Much You'd Have Today

Core Insights - D-Wave Quantum's shareholders have seen their investment more than quadruple over the last three years, with a return of 313.5% compared to the S&P 500's 79.9% [1][4][6] Performance Analysis - D-Wave Quantum's share price has increased by over 216% in 2023 alone, significantly outperforming the S&P 500's gain of 13% [2][4] - A $1,000 investment in D-Wave three years ago would now be worth $4,135, while the same investment in the S&P 500 would be worth $1,799 [6] Market Position - D-Wave Quantum's market capitalization is approximately $9 billion, categorizing it as a mid-cap company, which makes it relevant to benchmarks like the Nasdaq Composite and S&P MidCap 400 [5] Financial Health - The company reported a loss of $167.3 million in Q2, which is a significant increase from the $17.8 million loss in the same quarter the previous year [7] - D-Wave's revenue for the latest period was only $3.1 million, indicating limited financial performance [7][8] - The stock is valued at a price-to-sales ratio of 298, reflecting a high valuation relative to its revenue [8]