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Upturn AI SWOT - About
D-Wave Quantum Inc. (QBTS)
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Upturn Advisory Summary
06/20/2025: QBTS (3-star) is a SELL. SELL since 1 days. Profits (41.12%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Number of Analysts
6 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $16
1 Year Target Price $16
| 3 | Strong Buy |
| 3 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 977.92% | Avg. Invested days 35 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 06/20/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.38B USD | Price to earnings Ratio - | 1Y Target Price 16 |
Price to earnings Ratio - | 1Y Target Price 16 | ||
Volume (30-day avg) 6 | Beta 1.48 | 52 Weeks Range 0.75 - 19.77 | Updated Date 06/29/2025 |
52 Weeks Range 0.75 - 19.77 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.66 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -75.27% |
Management Effectiveness
Return on Assets (TTM) -23.72% | Return on Equity (TTM) -154.89% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 4115021194 | Price to Sales(TTM) 205.07 |
Enterprise Value 4115021194 | Price to Sales(TTM) 205.07 | ||
Enterprise Value to Revenue 192.62 | Enterprise Value to EBITDA -2.07 | Shares Outstanding 308956992 | Shares Floating 280854240 |
Shares Outstanding 308956992 | Shares Floating 280854240 | ||
Percent Insiders 2.44 | Percent Institutions 29.53 |
Analyst Ratings
Rating 3 | Target Price 16 | Buy 3 | Strong Buy 3 |
Buy 3 | Strong Buy 3 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
D-Wave Quantum Inc.
Company Overview
History and Background
D-Wave Systems was founded in 1999. It focuses on developing and delivering quantum computing systems, software, and services. It went public in 2022 via a SPAC merger with DPCM Capital. D-Wave aims to solve complex problems for commercial and government customers.
Core Business Areas
- Quantum Computing Systems: D-Wave designs, develops, and markets quantum annealing processors and quantum hybrid solvers. These systems are offered for on-premise installation.
- Quantum Computing Software: D-Wave provides software tools and platforms for developing and running quantum computing applications. These includes its cloud based computing service and its python tools, such as Ocean.
- Quantum Computing Services: D-Wave offers professional services to help customers develop, deploy, and integrate quantum computing solutions. This includes quantum algorithm design and application development.
- Cloud based access: The company offers access to its computers through the cloud.
Leadership and Structure
Alan Baratz is the CEO. The company has a board of directors overseeing management. Organizational structure includes departments for engineering, research, sales, and marketing.
Top Products and Market Share
Key Offerings
- Advantage Quantum System: D-Wave's flagship quantum annealing system. Market share data is difficult to ascertain due to the nascent quantum computing market, but D-Wave is considered a leading player in quantum annealing. Competitors include IonQ (IONQ), Rigetti Computing (RGTI), and IBM (IBM) in the broader quantum computing space.
- Leap Quantum Cloud Service: A cloud-based platform providing access to D-Wave's quantum computers. Market share information is not publicly available. Competitors: Amazon Braket (AMZN), Azure Quantum (MSFT), Google AI Quantum (GOOGL).
- Ocean Software Development Kit (SDK): An open-source suite of tools for developing quantum applications. Usage metrics are available through downloads and community engagement. No direct competitors since it's an open source tool but other Quantum vendors such as IonQ and Rigetti have their own open source versions.
Market Dynamics
Industry Overview
The quantum computing industry is emerging with significant potential across various sectors, including finance, healthcare, and logistics. It is characterized by intense research and development, with substantial investment from both public and private sectors.
Positioning
D-Wave is positioned as a leader in quantum annealing, targeting optimization and machine learning problems. Its competitive advantage lies in its established quantum annealing technology and early mover advantage.
Total Addressable Market (TAM)
Estimates vary widely, but the quantum computing market is projected to reach tens of billions of dollars by the 2030s. D-Wave is positioned to capture a share of this market through its quantum annealing solutions.
Upturn SWOT Analysis
Strengths
- Early mover advantage in quantum annealing
- Established quantum annealing technology
- Proprietary technology
- Cloud-based access (Leap)
Weaknesses
- Quantum annealing's limited applicability compared to universal quantum computing
- High cost of quantum systems
- Technological challenges in scaling quantum computers
- Revenue is highly dependent on government and research investment
Opportunities
- Growing interest in quantum computing across industries
- Partnerships with enterprises and research institutions
- Advancements in quantum hardware and software
- Expanding cloud services to reach a wider audience
Threats
- Competition from companies developing universal quantum computers
- Rapid technological advancements potentially rendering current solutions obsolete
- Limited availability of skilled quantum computing professionals
- High cost of quantum computers
- Slower than expected adoption of quantum computers.
Competitors and Market Share
Key Competitors
- IONQ
- RGTI
- IBM
- MSFT
- GOOGL
- AMZN
Competitive Landscape
D-Wave faces competition from companies developing both quantum annealing and universal quantum computers. Its advantage is in quantum annealing, but the universal quantum computing field has broader use case applications.
Growth Trajectory and Initiatives
Historical Growth: Growth has been dependent on R&D investment and quantum computing interest from the business community.
Future Projections: Future growth is projected based on increased adoption of quantum computing, partnerships, and advancements in quantum technology.
Recent Initiatives: Recent initiatives include launching new quantum systems and expanding its cloud-based services.
Summary
D-Wave Quantum Inc. is a leader in the emerging field of quantum annealing, holding an early-mover advantage with established technology and cloud-based services. Its main challenge lies in the limitations of quantum annealing versus universal quantum computing and competition. D-Wave needs to capitalize on growing interest in quantum computing and forge strong partnerships to secure its future. Investment in R&D and skilled workforce are crucial to remain competitive in the market.
Peer Comparison
Sources and Disclaimers
Data Sources:
- D-Wave Quantum Inc. Investor Relations
- Quantum Computing Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market share data is estimated and may not be precise. Quantum Computing is a nascent industry, so data is constantly evolving.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About D-Wave Quantum Inc.
Exchange NYSE | Headquaters Palo Alto, CA, United States | ||
IPO Launch date 2022-08-08 | President, CEO & Director Dr. Alan E. Baratz Ph.D. | ||
Sector Technology | Industry Computer Hardware | Full time employees 216 | Website https://www.dwavesys.com |
Full time employees 216 | Website https://www.dwavesys.com | ||
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services. It also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.
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