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 $1.67, up 33.6% from the previous day, and has decreased 83.1% in one year. It has underperformed other stocks in the Software - Application industry by 0.79 percentage points. D Wave Quantum stock is currently +321.72% from its 52-week low of $0.40, and -87.38% from its 52-week high of $13.23.
At the moment, there are 127.17M shares of QBTS outstanding. The market capitalization of QBTS is $212.38M. In the last 24 hours, 16.88M QBTS shares were traded.
How to Buy D Wave Quantum Stock
Wondering how to invest in D Wave Quantum stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your payment method and add your info.
- 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).
- 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.
- 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.
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.
Open eToro AccountStep 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
- Click here to get started.
- Input your personal data to start your new brokerage account.
- Send your details by pressing the "Create Account" button.
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.
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 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 not financially healthy:
- There are more long-term liabilities than short-term assets on the QBTS balance sheet.
- There are more short-term liabilities than short-term assets on the QBTS balance sheet.
- Total QBTS debt is still negative.
- QBTS has $8.99M in cash and short term investments. This is not sufficient to cover its annual cash burn of $49.72M.
- QBTS has cash burn of 49721000. It does not have enough cash and short-term investments to cover this.
- QBTS profit margin has gone down from -522.2% to -907.2% in the past year.
- QBTS debt to equity ratio of -4.76 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.
Most Recent QBTS Analyst Ratings
David Williams, a top 18% analyst from Benchmark reiterates QBTS with a strong buy rating and maintains their QBTS price target from $2.00 to $2.00, on May 22, 2023.
Suji Desilva, a top 26% analyst from Roth MKM maintains QBTS with a strong buy rating and lowers their QBTS price target from $10.00 to $2.00, on Apr 17, 2023.
Richard Shannon, a top 30% analyst from Craig-Hallum maintains QBTS with a buy rating and lowers their QBTS price target from $8.00 to $4.00, on Feb 6, 2023.
Harsh Kumar, a top 3% analyst from Piper Sandler maintains QBTS with a strong buy rating and maintains their QBTS price target from $6.00 to $6.00, on Jan 24, 2023.
Kevin Garrigan, a bottom 9% analyst from WestPark Capital maintains QBTS with a strong buy rating and maintains their QBTS price target from $7.00 to $7.00, on Jan 19, 2023.
You can dive deeper into what analysts are forecasting on the D Wave Quantum stock forecast page.
QBTS Momentum
How is QBTS performing as a company?
Last year, QBTS revenue was $7.04M. In the last one years, QBTS's revenue has gone up by 7% per year. This was slower than the Software - Application industry average of 33.51%.
You can research QBTS's earnings and revenue performance here.
What are QBTS executives and large shareholders up to?
Over the past 12 months, insiders at QBTS have bought more shares than they have sold.
Steven M. West, Director of QBTS, was the latest QBTS insider to buy. They bought $63,750.00 worth of QBTS stock on Nov 17, 2022.
Get more info about who owns QBTS stock here.
Does QBTS stock generate passive income?
No, D Wave Quantum doesn't provide an income stream by paying out dividends.
What do other traders have to say about QBTS?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your QBTS buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and eToro will execute your order.
If you need additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your QBTS position
Now that you own some QBTS shares, you'll want to keep up with your new investment.
Make a watchlist to get alerted to the latest events about your QBTS stock.
QBTS Feed
How to Buy Stock in D Wave Quantum
To summarize, here are the 6 steps for buying D Wave Quantum stock:
- Figure out where to buy D Wave Quantum stock
- Open a brokerage account
- Deposit money your brokerage account
- Research D Wave Quantum stock
- Place your QBTS buy order
- Keep an eye on your QBTS position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in D Wave Quantum, add QBTS to your watchlist below.
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