Group 1: Company Performance - D-Wave Quantum has experienced a significant revenue increase, doubling its revenue in Q3 2025 to $3.7 million, with a consensus estimate of $25.6 million for the entire year [4] - The projected revenue for 2026 is nearly $43 million, representing a 68% increase from 2025 [4] - Despite rising sales, D-Wave is expected to continue facing substantial losses, with a net loss of $140 million in Q3 compared to sales of $3.7 million [6] Group 2: Share Price and Market Sentiment - D-Wave's share price has surged 255% over the past year but is predicted to decline due to a broader trend of investors moving away from riskier stocks [1][8] - The company's stock has already decreased by 35% over the past three months, influenced by investor concerns over geopolitical instability and economic conditions [8][9] - D-Wave's price-to-sales (P/S) ratio stands at 237, significantly higher than the tech sector average of 8, indicating that the stock may be overvalued [11]
2 Predictions for D-Wave Quantum in 2026