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How to Buy D Wave Quantum Stock

D Wave Quantum Inc

DPCM Capital, Inc. focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

D Wave Quantum stock last closed at $1.48, down 2.63% from the previous day, and has increased 171.06% in one year. It has overperformed other stocks in the Computer Hardware industry by 0.2 percentage points. D Wave Quantum stock is currently +273.74% from its 52-week low of $0.40, and -53.75% from its 52-week high of $3.20.

At the moment, there are 161.68M shares of QBTS outstanding. The market capitalization of QBTS is $239.29M. In the last 24 hours, 2.19M QBTS shares were traded.

How to Buy D Wave Quantum Stock

Wondering how to invest in D Wave Quantum stock? Here's how.
  1. Figure out where to buy D Wave Quantum stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy D Wave Quantum stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your payment method and add your info.
  4. Research D Wave Quantum stock: The D Wave Quantum ticker symbol is QBTS. Is D Wave Quantum stock a good investment? Should you buy shares of QBTS? How do QBTS's underlying business fundamentals look? Do top analysts think D Wave Quantum is a good buy? Why has QBTS's stock price moved recently? (Hint: Our stock market research tools can help you understand if QBTS is a good stock to buy).
  5. Place your QBTS buy order: Decide if you will purchase QBTS shares at the current market price or use a limit order to buy QBTS shares at a specific price.
  6. Keep an eye on your QBTS position: Create a watchlist to track your position in D Wave Quantum shares.

Step 1: Figure out where to buy D Wave Quantum stock

You need an online brokerage account to access the NYSE market and buy QBTS stock.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global financial markets: From Tech to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by signing up for an account with eToro today.

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Step 2: Open a brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in QBTS today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to start your new brokerage account.
  1. Send your details by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your brokerage account

Now that you have filled out your info on the best stock trading app, you can securely and quickly fund your account:

Watch the walkthrough below to see the process of transferring funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research D Wave Quantum stock

After you have decided on the best place to buy D Wave Quantum stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.

D Wave Quantum Metrics

QBTS Price
$1.48
1w %
-11.38%
1y %
171.06%
5y %
N/A
P/E
-2.47x
P/B
-9.77x
P/S
23.49x
PEG
N/A
Revenue
$8.76M
Earnings
-$82.72M
Fore. Rev. Growth
69.5%
Fore. Earn. Growth
N/A
Market Cap
$239.29M
Next Earnings
N/A
Next Dividend
N/A

QBTS Overview

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on QBTS's stock page.

How is QBTS stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge QBTS's fair value.

You can do more valuation research on QBTS's stock here.

QBTS Financial Health Overview

Signs that QBTS is financially healthy:

  • There are more short-term assets than short-term liabilities on the QBTS balance sheet.

Signs that QBTS is not financially healthy:

  • There are more long-term liabilities than short-term assets on the QBTS balance sheet.
  • Total QBTS debt is still negative.
  • QBTS has $41.31M in cash and short term investments. This is not sufficient to cover its annual cash burn of $61.28M.
  • QBTS has cash burn of 61279000. It does not have enough cash and short-term investments to cover this.
  • QBTS profit margin has gone down from -748.7% to -944.5% in the past year.
  • QBTS debt to equity ratio of -3.43 is negative.

Is QBTS stock a Buy, Hold, or Sell, according to analysts?

Out of 5 Wall Street analysts who track QBTS, the consensus analyst rating on D Wave Quantum is a Strong Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the D Wave Quantum stock forecast page.

QBTS Trading Indicators

SMA10
1.59
SMA20
1.74
SMA50
1.85
SMA100
1.38
SMA200
1.31
MACD
-0.09
MACD Signal
-0.05
MACD Histogram
-0.04
RSI
38.33
Stochastic %K
12.69
Stochastic %D
12.96
StochRSI %K
7.64
StochRSI %D
7.91

Is QBTS Growing Revenue?

Last year, QBTS revenue was $8.76M. During the past 3 year, QBTS's revenue has gone up by 88.68% per year. This was faster than the Computer Hardware industry average of 9.15%.

You can research QBTS's earnings and revenue performance here.

What are QBTS executives and large shareholders up to?

Over the past year, insiders at QBTS have sold more shares than they have bought.

Alan E. Baratz, President CEO of QBTS, was the latest QBTS insider to sell. They sold $57,550.35 worth of QBTS stock on Mar 27, 2024.

Learn more about who owns QBTS shares here.

Can I rely on QBTS as an income stream?

No, D Wave Quantum doesn't provide an income stream by paying out dividends.

QBTS Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Place your QBTS buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price, use a limit order.

Hit the Open Trade button and your broker will place the order.

If you need more help investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep an eye on your QBTS position

Now that you own some QBTS stock, you'll want to keep up with your company.

Create a watchlist to see the latest developments about your QBTS stock.

QBTS Feed

How to Buy Stock in D Wave Quantum

To reiterate, here are the 6 steps to buy D Wave Quantum stock:

  1. Figure out where to buy D Wave Quantum stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research D Wave Quantum stock
  5. Place your QBTS buy order
  6. Keep an eye on your QBTS position

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in D Wave Quantum, add QBTS to your watchlist below.

NYSE: QBTS
$1.48-0.04 (-2.63%)
Updated Apr 25, 2024
Open eToro Account
NYSE: QBTS
$1.48-0.04 (-2.63%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one D Wave Quantum share?

As of Apr 25, 2024, it costs $1.48 to buy one share of D Wave Quantum stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.74, you can buy 0.5 shares of QBTS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy D Wave Quantum stock?

According to 5 Wall Street analysts who monitor D Wave Quantum, their consensus recommendation is to buy D Wave Quantum stock.

What is the best way to buy D Wave Quantum stock?

One way to place an order for D Wave Quantum stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.