The D-Wave Quantum stock is currently the center of heated debates among investors, as opinions regarding a potential rally or overvaluation are widely divided.
Current Price Development and Technical Analysis
- The stock is trading at around $16.65 (as of early July 2025) with a market capitalization of approximately 4.23 billion euros.
- Technically, the price is clearly above important moving averages (50 and 200 SMA), indicating a long-term upward trend. Since the beginning of the year, the stock has already gained over 50%.
- A stable support range lies between $12 and $14, which serves as a base for a potential new increase.
- Chart-wise, a triangle pattern is forming, and a breakout above approximately $18 could pave the way for further price gains up to the range of $20 to even $25.
Fundamental Development
- In the first quarter of 2025, D-Wave’s revenue surged by an impressive 509% to approximately $15 million, while the gross profit also reached record levels at just under $14 million. The company also has a strong cash position estimated at $815 million, allowing for strategic acquisitions and investments.
- Despite strong revenue growth, D-Wave continues to report losses, which raises concerns among some analysts regarding potential overvaluation.
Market Opinions
- Some investors view the recent price recoveries as an opportunity to enter or continue the rally.
- Other investors and analysts warn of a possible overvaluation; some have downgraded their assessment to ‘Sell’ and are using the recovery as an exit opportunity.
In summary: The D-Wave stock shows both strong growth indicators and technical signals for further potential. At the same time, fundamental risks due to ongoing losses urge caution. This leads to a divided picture among investors – between optimism for a continuation of the upward trend and warnings of a possible correction or overvaluation.