Stock-Split Watch: Is D-Wave Quantum (QBTS) Next?

Core Viewpoint - The recent announcement from Booking Holdings regarding a 25-for-1 stock split has reignited investor interest in potential stock split candidates, particularly in the context of rising gold prices and concerns about an AI bubble. Group 1: D-Wave Quantum Stock Performance - D-Wave Quantum stock has experienced a remarkable increase of 2,690% over the past three years, attracting significant investor attention and speculation about a potential stock split [2]. - The stock initially faced a decline after its public market debut in August 2022 but began to recover in December 2024 following positive insights shared by CEO Dr. Alan Baratz on Yahoo! Finance, highlighting the company's innovative approach to quantum computing [4]. - In March 2025, D-Wave Quantum reported a 128% year-over-year increase in bookings for fiscal 2024 and a 20% growth in gross profit, projecting a revenue of $10 million for Q1 2025, a substantial increase from $2.5 million in Q1 2024 [6]. Group 2: Stock Split Considerations - Investors often mistakenly believe that purchasing shares before a stock split will enhance their financial position due to owning more shares post-split, but this is a fallacy as the overall value remains unchanged [7][8]. - Companies typically opt for stock splits when share prices become prohibitively high for some investors, making it easier for new investors to buy shares [9]. - D-Wave Quantum's current stock price is under $20, and its 52-week high is below $50, suggesting that a stock split is unlikely in the near future, especially compared to Booking Holdings, which announced a split at around $4,100 per share [10]. Group 3: Future Outlook for D-Wave Quantum - Despite the extraordinary returns for early investors, it is unlikely that D-Wave Quantum will pursue a stock split soon, although it remains an attractive option in the quantum computing sector, especially with shares down over 27% since the start of the year [11]. - For investors seeking exposure to the quantum computing industry without the volatility of individual stocks, investing in a quantum computing exchange-traded fund may be a more stable alternative [12].