What's Behind The 500% Rise In QBTS Stock? [Forbes]
D-Wave Quantum Inc. Common Shares (QBTS)
Company Research
Source: Forbes
screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images The stock price of D-Wave Quantum (NYSE: QBTS), a quantum computing company, is up a whopping 500% in a month. D-Wave specializes in creating quantum computers that leverage quantum annealing technology to address complex optimization challenges. Unlike conventional computers that operate using binary bits that can only be either one or zero at any given moment, quantum computers employ qubits that can simultaneously exist in multiple states. This enables quantum computers to perform complex calculations with fundamentally different computational capabilities. This enables quantum computers to process sizable amounts of data and explore countless potential outcomes at once. The application of quantum computing could range from financial modeling and drug discovery to materials science, among others. However, there is a fundamental challenge in quantum c
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QBTS
News
- D-Wave Quantum Inc. (NYSE: QBTS) had its price target raised by analysts at Benchmark Co. from $3.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- D-Wave Quantum Inc. (NYSE: QBTS) had its price target raised by analysts at Craig Hallum from $2.50 to $9.00. They now have a "buy" rating on the stock.MarketBeat
- Why Rigetti (RGTI) and D-Wave Quantum Inc. (QBTS) Plunged Today [Yahoo! Finance]Yahoo! Finance
- D-Wave Maintains SOC 2 Type 2 Compliance, Reinforcing Commitment to Delivering Secure, Enterprise-Grade Quantum Computing Solutions [Yahoo! Finance]Yahoo! Finance
- D-Wave Maintains SOC 2 Type 2 Compliance, Reinforcing Commitment to Delivering Secure, Enterprise-Grade Quantum Computing SolutionsBusiness Wire
QBTS
Earnings
- 11/14/24 - Miss
QBTS
Sec Filings
- 12/20/24 - Form 144
- 12/18/24 - Form 8-K
- 12/16/24 - Form 8-K
- QBTS's page on the SEC website