QBTS is trading at $29.03, up 12.8% today, with a composite score of 56/100 and a 1-month return of +33.3%, driven by a bullish news sentiment following the Trump administration's $2 billion investment in quantum stocks. The stock's forward P/E of -77.1 and rev growth of -81% suggest a disconnect between current hype and fundamental performance, with a target price of $35 implying potential upside. With short interest at 16.1% and 5 covered calls, the market is pricing a key risk: can QBTS sustain its valuation amid rising competition and negative earnings expectations.
Composite
56
/ 100
1M
+33.3%
3M
+42.6%
6M
+9.8%
1Y
+67.6%
Trend
FLAT
Sharpe
0.12
Fundamentals
Sector
Technology
Industry
Computer Hardware
Market Cap
$11B
Fwd P/E
-77.1
Beta
1.95
Short Interest
16.1%
Analyst Target
$35
Rev Growth
-81%
ROE
-55%
D/E
4%
From 52w High
-37.6%
From 52w Low
+128.9%
Consensus
Strong Buy
Research Digest
QBTS surged after the US Department of Commerce announced over $2.0 billion in federal incentives under the CHIPS and Science Act, with D-Wave securing a $100 million letter of intent. The stock has risen 33.3% in the past month and 67.6% in the past year, with an analyst target of $36. However, insider sales and high expectations may pressure the stock.