QBTS expects strong revenue growth in Q1 2025 due to expanding customer base

From Nasdaq: 2025-05-06 15:01:00

D-WAVE QUANTUM QBTS is set to report first-quarter 2025 results, with estimates of $10.87 million in revenue (339.92% YoY increase) and a loss of 5 cents per share. Despite past earnings misses, QBTS benefits from quantum computing solutions and a growing customer base.

QBTS expects revenue growth in Q1 2025, driven by a sale to Julich Supercomputing Center. With a 128% increase in bookings for fiscal 2024, the company’s expanding commercial, government, and research sectors are expected to boost results. Demand for quantum computing services is also on the rise.

QBTS shares have underperformed the Computer and Technology sector due to macroeconomic challenges. The stock is currently trading at a premium, with a high P/S ratio. QBTS faces competition from Rigetti Computing, IBM, Alphabet, and IonQ in the quantum computing market.

Despite competition and macroeconomic challenges, QBTS is expected to benefit from the growing quantum computing market. With a Zacks Rank #2 (Buy), the company’s expanding clientele and influence in the quantum space are positive indicators for future growth. The global quantum computing market is projected to grow at a 20.5% CAGR from 2025 to 2030.

Investors should consider QBTS stock for its potential in the evolving quantum computing market. With positive growth prospects and a Zacks Rank #2 (Buy), QBTS is positioned to benefit from the expanding quantum computing industry.



Read more at Nasdaq: Should You Add QBTS Stock to Your Portfolio Ahead of Q1 Earnings?