From Nasdaq: 2025-05-12 15:00:00

D-Wave Quantum Inc.’s latest earnings report showed significant improvement, with a decrease in losses and a 509% increase in revenues, totaling $15 million in the first quarter. The company’s new quantum computing system, Advantage2, can solve problems in 20 minutes that would take supercomputers nearly 1 million years, showcasing its superiority.

With a strong consolidated cash balance of $304.3 million and customers like NTT Docomo and Mastercard, D-Wave is well-positioned for growth. Additionally, President Trump’s trade deal with the UK could benefit quantum computing stocks like D-Wave in the long run. D-Wave’s niche in quantum computing, reduced losses, and record revenues make it an enticing buy.

D-Wave’s expected earnings growth rate for the current year is 66.7%, and the stock has a Zacks Rank #2 (Buy). The QBTS stock is currently trading above both the short-term 50-day moving average and long-term 200-DMA, signaling a bullish trend. D-Wave is poised to capitalize on the growing superconducting quantum chip market size, projected to witness a 17.2% CAGR from 2025 to 2034.

A new quantum computing chip from Alphabet Inc., Willow, claimed superiority over non-quantum chips, bringing quantum computing stocks into focus. D-Wave Quantum Inc.’s strong performance and growth potential make it a top choice in the quantum computing space. Investors are eyeing D-Wave as a promising stock with high growth potential.



Read more at Nasdaq: Here’s Why D-Wave Stock Promises High Growth and Is a Buy