D-Wave Quantum (QBTS) Stock

Throughout 2024, certain small-cap gems in the Russell 2000 soared past expectations and gained over 1,000% year-to-date.

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.

The quantum computing industry is shaping to be one of the most dynamic investment frontiers, fueled by surging interest from commercial and government sectors.

D-Wave Quantum Inc. (NYSE:QBTS ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Kevin Hunt - Investor Relations Conference Call Participants Quinn Bolton - Needham & Co. David Williams - Benchmark Richard Shannon - Craig Hallum Craig Ellis - B. Riley Suji Desiva - Roth Capital Robert Aguanno - Piper Sandler Operator Good morning ladies and gentlemen and welcome to the D-Wave Q3 2024 earnings conference call.

D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.12 per share a year ago.

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE:QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced it has achieved “Awardable” status through the Chief Digital and Artificial Intelligence Office's (CDAO) Tradewinds Solutions Marketplace. The Tradewinds Solutions Marketplace is the premier offering of the Department of Defense's (DoD's) suite of tools and se.

Recent developments show D-Wave's quantum annealing technology is gaining commercial traction, solving complex problems beyond classical computers' capabilities, making it significantly undervalued. The Company's quantum annealer has proven quantum supremacy and commercial viability, with increasing use cases in industries like telecommunications and AI model training. Despite financial challenges and the need for substantial capital, QBTS's first-mover advantage and reliable management team justify a Strong Buy rating.

LOS ANGELES, Aug. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, today announced that it has been featured in a broadcast via NetworkNewsAudio (“NNA”), which delivers additional visibility, recognition and brand awareness to the investment community via distribution to thousands of syndication points. The audio news release covers D-Wave's announcement that it is extending its product development roadmap with enhancements to its Leap™ quantum cloud service.

D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.10 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.14 per share a year ago.