QBTS

D-Wave Quantum Inc

Exchange: NYSESector: TechnologyIndustry: Computer Hardware

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world’s first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers, the world’s largest, are available on-premises or via the cloud, supported by 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more.

Current Price

$22.57

+2.64%

GoodMoat Value

$0.47

97.9% overvalued

Profile

Valuation (TTM)

Market Cap$7.90B

P/E-22.26

EV—

P/B9.27

Shares Out350.12M

P/Sales321.40

Revenue$24.59M

EV/EBITDA—

D-Wave Quantum Inc (QBTS) Valuation

QBTS Fair Value Estimate

$0.4797.9% overvalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

QBTS Valuation Metrics

FCF$-76.29M

FCF Growth Rate—

EPS Growth (CAGR)—

WACC10.00%

Fair Value Models

Graham Number, PEG-based, and Earnings-based models

View Fair Value →

QBTS Valuation & Fair Value Analysis

D-Wave Quantum Inc (QBTS) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for D-Wave Quantum Inc is $0.47. The current stock price is $22.57, suggesting the stock is 4708.8% overvalued.

The price-to-earnings (P/E) ratio is -22.26. Price-to-book ratio is 9.27. Price-to-sales ratio is 321.40. PEG ratio is 0.29.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of D-Wave Quantum Inc's intrinsic value.