Professional
Added to YB: 2025-05-01
Pitch date: 2025-04-29
QBTS [bearish]
D-Wave Quantum Inc.
-285.33%
current return
Author Info
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Company Info
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide.
Market Cap
$7.9B
Pitch Price
$6.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
-54.17
P/E
-19.89
EV/Sales
593.81
Sector
Software
Category
N/A
D-Wave Quantum Inc. - $QBTS (short)
QBTS short: Quantum annealing firm trading at 57x 2026E revenue (152x our est). Dead-end tech w/ limited qubit connectivity, no scaling advantage vs classical solvers. 'Hybrid' solutions mostly classical algorithms per former employees. No progress on gate-model pivot. Recent quantum supremacy claim on toy problem misleading. Commercial dead end.
Read full article (23 min)