This summary was created by AI, based on 5 opinions in the last 12 months.
D-Wave Quantum, under the ticker QBTS-N, finds itself amidst a highly speculative environment in the quantum computing sector. Experts have expressed concerns about the current state of the industry, describing it as being in a classic hype cycle where investor sentiment may have outpaced tangible financial results. While some recommend following the company due to its potential, others caution that many firms in this space, including D-Wave, are struggling with significant losses and meager revenue. Additionally, the recent comments from Nvidia's CEO, highlighting the long journey ahead for quantum computing, have raised concerns about the sustainability of stock prices in this volatile market. Overall, while there is optimism for future opportunities, the current landscape is fraught with risk, making thoughtful investment decisions critical.
Nvidia CEO, Jensen Huang, said that quantum computing has a long way to go, which crushed quantum computing stocks today. This sector got overheated. These stocks have even more downside ahead. They're losing tons of money and have zero or very little revenue. Frothy and excessive. It's not too late to sell.
D-Wave Quantum is a American stock, trading under the symbol QBTS-N on the New York Stock Exchange (QBTS). It is usually referred to as NYSE:QBTS or QBTS-N
In the last year, 4 stock analysts published opinions about QBTS-N. 2 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for D-Wave Quantum.
D-Wave Quantum was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for D-Wave Quantum.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered D-Wave Quantum In the last year. It is a trending stock that is worth watching.
On 2025-04-01, D-Wave Quantum (QBTS-N) stock closed at a price of $7.42.
In quantum computing, follow this company. Doesn't know of an ETF in this sector; it's too early. Quantum is way too early. Earnings aren't there yet. The hype has made this sector volatile.