D-WAVE Quantum Inc. shares NYSE: QBTS More than 18 % increased after the company reported mixed results in the profit report in the fourth quarter 2024. 2.3 million dollars revenue won 2.2 million dollars. However, the negative profits of the eight -cents arrow were worse than the six negative analysts.
D-WAVE QuANTUM today
- 52 weeks
- 0.75 dollars
▼
11.41 dollars
- The target price
- 8.42 dollars
The reason for increasing the stock on the day before the profits, as D-WAVE QuANTUM announced that it had achieved “the superiority” against the traditional computers. The company’s advantage2 system, with quantum steel chip, solve the problem of magnetic material simulation related to the discovery of materials in 20 minutes. According to D-Wave, it will take one of the world’s most powerful computers for nearly a million years to solve the same problem.
Alan Barrett, CEO (CEO) of D-WAVE, has described the achievement as “the Holy Capital Computing.” Barrett noticed that in the industry, there is confusion about terms such as quantum excellence against the quantum feature or quantum power. However, in this case, Barrett notes that this is a presentation of true quantum sovereignty that has not been previously achieved
This advertisement, as well as encouraging revenue guidelines forward from D-WAVE, caused an initial increase in other quantum computing shares. RIGETTI Computing Nasdak: Roji 13 % increased, and Ionq Inc. Nyse: Ionq It was about 10 %. However, as the trading session moved to midday, these gains disappeared as investors continued to lose their appetite for technology shares.
However, advertising in the quantum computing sector may help recover from the sale that occurred after NVIDIA Corp. Nasdak: nvda Jensen Huang suggested in January that it would be at least 20 years before the quantum computing became “very useful”.
D-WAVE Quantum Projects 10 million dollars in quarterly revenue
One of the main ads of D-WAVE QuANTUM profits was to drop it at a value of $ 10 million of revenue for the current quarter-four times in the previous quarter and its total revenue exceeded 2024 by $ 8.8 million.
However, the main engine of this increase is the sale of a quantum computer D-WAVE feature. Although it is not somewhat, frequent investors can rely on the full year.
The most encouraged is that the company has announced standard reservations of $ 23.9 million for the full year. This is an increase of 128 % of $ 13.4 million in the reservations published by the company in 2023. D-WAVE also reported a unified cash balance of more than $ 300 million.
You have a game for a possible short pressure
One of the reasons for the height of QBTS is a 21 % short interest that is heading to profits. In fact, investors have increased their short locations by 23 % in 30 days before profits. It can be provided with short pressure as merchants must cover their short sites.
In the middle of the day, it does not seem to be enough to force the pressure. However, traders should notice that QBTS shares have begun its latter’s bounce on a simplely simple moving average (SMA). And until these lines are written, it was crossed on SMA for 50 days as well.
D-WAVE Quantum Inc. (QBTS) Price PRICE on Saturday, March 15, 2025
It is important to note that merchants lead short pressure. It may be difficult even for experienced mobility merchants. Therefore, if you are committed to D-Wave Quantum as a long-term stock, it’s time to get a game plan.
Even after selling more than 30 % to start 2025, the stock has increased by more than 160 % in the past 12 months. This is an impressive gain, almost all since November 2024. If the stock continues to rise more than $ 7 per share, it may be good to make some profits.
Why care? Despite her promise, the D Quantum is unstable and not likely to be profitable for some time. Investors feel anxious enough about profitable corporate reviews. They have started a little patience for companies that have not yet appeared.
D-WAVE may be the issue of quantum sovereignty in the world of physics. But as a sector for investors, the battle for excellence is continuing. QBTS shares are a promising name, but it is one of many investors to see.
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