32.08% percent quarterly performance for D-Wave Quantum Inc (QBTS) is not indicative of the underlying story

A new trading day began on Monday, with D-Wave Quantum Inc (NYSE: QBTS) stock price down -2.12% from the previous day of trading, before settling in for the closing price of $7.53. QBTS’s price has ranged from $0.75 to $11.95 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Technology Sector giant was 9.28%. Meanwhile, its annual earnings per share averaged 47.69%. With a float of $277.97 million, this company’s outstanding shares have now reached $291.35 million.

Let’s determine the extent of company efficiency that accounts for 220 employees. In terms of profitability, gross margin is 63.02%, operating margin of -874.85%, and the pretax margin is -1629.99%.

D-Wave Quantum Inc (QBTS) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Computer Hardware Industry. The insider ownership of D-Wave Quantum Inc is 4.62%, while institutional ownership is 19.59%. The most recent insider transaction that took place on Jan 23 ’25, was worth 12,558. In this transaction General Counsel of this company sold 2,383 shares at a rate of $5.27, taking the stock ownership to the 448,162 shares. Before that another transaction happened on Jan 23 ’25, when Company’s Chief Financial Officer sold 5,582 for $5.27, making the entire transaction worth $29,417. This insider now owns 1,064,556 shares in total.

D-Wave Quantum Inc (QBTS) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 47.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 37.48% during the next five years compared to -0.61% drop over the previous five years of trading.

D-Wave Quantum Inc (NYSE: QBTS) Trading Performance Indicators

Here are D-Wave Quantum Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 6.08. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 243.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.69, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.18 in one year’s time.

Technical Analysis of D-Wave Quantum Inc (QBTS)

Looking closely at D-Wave Quantum Inc (NYSE: QBTS), its last 5-days average volume was 30.38 million, which is a drop from its year-to-date volume of 71.67 million. As of the previous 9 days, the stock’s Stochastic %D was 75.95%. Additionally, its Average True Range was 0.79.

During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 51.53%, which indicates a significant decrease from 64.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.36% in the past 14 days, which was lower than the 204.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.05, while its 200-day Moving Average is $3.91. However, in the short run, D-Wave Quantum Inc’s stock first resistance to watch stands at $7.91. Second resistance stands at $8.46. The third major resistance level sits at $8.77. If the price goes on to break the first support level at $7.05, it is likely to go to the next support level at $6.74. Should the price break the second support level, the third support level stands at $6.19.

D-Wave Quantum Inc (NYSE: QBTS) Key Stats

With a market capitalization of 2.15 billion, the company has a total of 291,348K Shares Outstanding. Currently, annual sales are 8,830 K while annual income is -143,880 K. The company’s previous quarter sales were 2,310 K while its latest quarter income was -86,080 K.