D Wave Net Worth

D Wave Net Worth Breakdown

  QBTS
The net worth of D Wave Quantum is the difference between its total assets and liabilities. D Wave's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of D Wave's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. D Wave's net worth can be used as a measure of its financial health and stability which can help investors to decide if D Wave is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in D Wave Quantum stock.

D Wave Net Worth Analysis

D Wave's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including D Wave's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of D Wave's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform D Wave's net worth analysis. One common approach is to calculate D Wave's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares D Wave's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing D Wave's net worth. This approach calculates the present value of D Wave's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of D Wave's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate D Wave's net worth. This involves comparing D Wave's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into D Wave's net worth relative to its peers.

Enterprise Value

1.55 Billion

To determine if D Wave is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding D Wave's net worth research are outlined below:
D Wave Quantum is way too risky over 90 days horizon
D Wave Quantum appears to be risky and price may revert if volatility continues
D Wave Quantum currently holds 38.38 M in liabilities. D Wave Quantum has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about D Wave's use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 8.83 M. Net Loss for the year was (143.88 M) with profit before overhead, payroll, taxes, and interest of 17.78 M.
D Wave Quantum currently holds about 10.47 M in cash with (42.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Latest headline from zacks.com: QBTS Soars Over 1,300 percent Despite IBM and GOOGLs Quantum Milestones
D Wave uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in D Wave Quantum. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to D Wave's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
12th of April 2024
Upcoming Quarterly Report
View
17th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

D Wave Target Price Consensus

QBTS target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. D Wave's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Strong Buy
Most QBTS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand QBTS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of D Wave Quantum, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

D Wave Target Price Projection

D Wave's current and average target prices are 15.55 and 12.83, respectively. The current price of D Wave is the price at which D Wave Quantum is currently trading. On the other hand, D Wave's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

D Wave Market Quote on 18th of June 2025

Low Price15.02Odds
High Price16.1Odds

15.55

Target Price

Analyst Consensus On D Wave Target Price

Low Estimate11.68Odds
High Estimate14.24Odds

12.8333

Historical Lowest Forecast  11.68 Target Price  12.83 Highest Forecast  14.24
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on D Wave Quantum and the information provided on this page.

Know D Wave's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as D Wave is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading D Wave Quantum backward and forwards among themselves. D Wave's institutional investor refers to the entity that pools money to purchase D Wave's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Goldman Sachs Group Inc
1.3 M
Trexquant Investment Lp2025-03-31
1.1 M
Voloridge Investment Management, Llc2025-03-31
980.2 K
Headlands Technologies Llc2025-03-31
905.7 K
Nuveen, Llc2025-03-31
600.3 K
Charles Schwab Investment Management Inc2025-03-31
545 K
Quadrature Capital Llp2025-03-31
516.2 K
Bank Of New York Mellon Corp2025-03-31
513.8 K
Nuveen Asset Management, Llc2024-12-31
481.7 K
Blackrock Inc2025-03-31
14.1 M
Vanguard Group Inc2025-03-31
11.3 M
Note, although D Wave's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow D Wave's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.74 B.

Market Cap

1.69 Billion

Project D Wave's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.72)(0.76)
Return On Capital Employed(0.46)(0.48)
Return On Assets(0.72)(0.76)
Return On Equity(2.30)(2.18)
When accessing D Wave's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures D Wave's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of D Wave's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in D Wave's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of D Wave Quantum. Check D Wave's Beneish M Score to see the likelihood of D Wave's management manipulating its earnings.

Evaluate D Wave's management efficiency

D Wave Quantum has return on total asset (ROA) of (0.2372) % which means that it has lost $0.2372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.5489) %, meaning that it created substantial loss on money invested by shareholders. D Wave's management efficiency ratios could be used to measure how well D Wave manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.76 in 2025. Return On Capital Employed is likely to drop to -0.48 in 2025. At this time, D Wave's Total Assets are comparatively stable compared to the past year. Other Assets is likely to gain to about 1.6 M in 2025, whereas Non Current Assets Total are likely to drop slightly above 13.2 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 0.33  0.22 
Tangible Book Value Per Share 0.32  0.22 
Enterprise Value Over EBITDA(10.68)(11.21)
Price Book Value Ratio 25.76  24.47 
Enterprise Value Multiple(10.68)(11.21)
Price Fair Value 25.76  24.47 
Enterprise Value1.5 B1.5 B
Understanding the operational decisions made by D Wave management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
221.585
Revenue
21.4 M
Quarterly Revenue Growth
5.086
Revenue Per Share
0.096
Return On Equity
(1.55)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific D Wave insiders, such as employees or executives, is commonly permitted as long as it does not rely on D Wave's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases D Wave insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

D Wave Corporate Filings

8K
17th of June 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
16th of June 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10th of June 2025
Other Reports
ViewVerify
3rd of June 2025
Other Reports
ViewVerify
D Wave time-series forecasting models is one of many D Wave's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary D Wave's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

D Wave Earnings Estimation Breakdown

The calculation of D Wave's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of D Wave is estimated to be -0.0575 with the future projection ranging from a low of -0.06 to a high of -0.05. Please be aware that this consensus of annual earnings estimates for D Wave Quantum is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.03
-0.06
Lowest
Expected EPS
-0.0575
-0.05
Highest

D Wave Earnings Projection Consensus

Suppose the current estimates of D Wave's value are higher than the current market price of the D Wave stock. In this case, investors may conclude that D Wave is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and D Wave's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2025Current EPS (TTM)
684.38%
-0.0299
-0.0575
-0.66

D Wave Earnings History

Earnings estimate consensus by D Wave Quantum analysts from Wall Street is used by the market to judge D Wave's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only D Wave's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

D Wave Quarterly Gross Profit

13.88 Million

Retained Earnings is likely to drop to about (658.3 M) in 2025. Retained Earnings Total Equity is likely to drop to about (356.1 M) in 2025 Common Stock Shares Outstanding is likely to drop to about 134.8 M in 2025. Net Loss is likely to drop to about (48.7 M) in 2025.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of D Wave's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.6714.3123.95
Details
Intrinsic
Valuation
LowRealHigh
3.6713.3122.95
Details
Naive
Forecast
LowNextHigh
3.5813.2222.86
Details
6 Analysts
Consensus
LowTargetHigh
11.6812.8314.24
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of QBTS assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards D Wave. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving D Wave's stock price in the short term.

D Wave Earnings per Share Projection vs Actual

Actual Earning per Share of D Wave refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering D Wave Quantum predict the company's earnings will be in the future. The higher the earnings per share of D Wave, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

D Wave Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as D Wave, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of D Wave should always be considered in relation to other companies to make a more educated investment decision.

QBTS Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact D Wave's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-05-08
2025-03-31-0.036-0.02990.006116 
2025-03-13
2024-12-31-0.064-0.08-0.01625 
2024-11-14
2024-09-30-0.08-0.096-0.01620 
2024-08-08
2024-06-30-0.09-0.090.0
2024-05-13
2024-03-31-0.09-0.12-0.0333 
2024-03-28
2023-12-31-0.1-0.10.0
2023-11-09
2023-09-30-0.14-0.110.0321 
2023-08-10
2023-06-30-0.14-0.2-0.0642 
2023-04-14
2023-03-31-0.13-0.16-0.0323 
2023-03-30
2022-12-31-0.1325-0.130.0025
2022-11-10
2022-09-30-0.12-0.110.01
2022-08-16
2022-06-30-0.13-0.120.01
2020-12-04
2020-09-300-0.01-0.01

D Wave Corporate Management

Diane NguyenGeneral SecretaryProfile
Michelle MaggsSenior MarketingProfile
Mohammad AminPrincipal ScientistProfile
Trevor LantingAlgorithms SoftwareProfile
John MarkovichChief OfficerProfile
Victoria BrydonVP ExcellenceProfile
Michele MacreadyAlgorithms, SoftwareProfile

Additional Tools for QBTS Stock Analysis

When running D Wave's price analysis, check to measure D Wave's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy D Wave is operating at the current time. Most of D Wave's value examination focuses on studying past and present price action to predict the probability of D Wave's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move D Wave's price. Additionally, you may evaluate how the addition of D Wave to your portfolios can decrease your overall portfolio volatility.