D-Wave Quantum Inc (NYSE: QBTS) on Monday, plunged -3.34% from the previous trading day, before settling in for the closing price of $11.09. Within the past 52 weeks, QBTS’s price has moved between $0.75 and $11.95.
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During the last 5-year period, the sales growth of Technology Sector giant was 9.28%. The company achieved an average annual earnings per share of 55.90%. With a float of $275.76 million, this company’s outstanding shares have now reached $287.83 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
Observing investor behavior towards Computer Hardware industry stocks is more important than anything else. The insider ownership of D-Wave Quantum Inc is 5.62%, while institutional ownership is 25.39%. 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 -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 55.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.49% 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
D-Wave Quantum Inc (QBTS) is currently performing well based on its current performance indicators. A quick ratio of 20.61 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 146.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.16 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 101.19 million, which is a jump from its year-to-date volume of 70.86 million. As of the previous 9 days, the stock’s Stochastic %D was 85.56%. Additionally, its Average True Range was 1.01.
During the past 100 days, D-Wave Quantum Inc’s (QBTS) raw stochastic average was set at 85.02%, which indicates a significant increase from 78.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 189.35% in the past 14 days, which was lower than the 202.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.43, while its 200-day Moving Average is $4.27. However, in the short run, D-Wave Quantum Inc’s stock first resistance to watch stands at $11.51. Second resistance stands at $12.29. The third major resistance level sits at $12.75. If the price goes on to break the first support level at $10.27, it is likely to go to the next support level at $9.81. Should the price break the second support level, the third support level stands at $9.03.
D-Wave Quantum Inc (NYSE: QBTS) Key Stats
Market capitalization of the company is 3.13 billion based on 291,348K outstanding shares. Right now, sales total 8,830 K and income totals -143,880 K. The company made 2,310 K in profit during its latest quarter, and -86,080 K in sales during its previous quarter.
