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D-Wave Quantum Stock: Are Advantage2 Gains Here to Stay?

Key Points

  • D-Wave Quantum announced Advantage2, its most powerful commercially available quantum system yet, and shares rose to all-time highs in late May.
  • Investors will wonder if D-Wave can sustain this lofty price given that the firm has already received criticism for being overvalued.
  • Ultimately, D-Wave's short-term prospects are highly risky, with a surge in short interest accompanying the recent rally.
  • Five stocks we like better than D-Wave Quantum.

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Should You Invest $1,000 in D-Wave Quantum Right Now?

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Nathan Reiff
About The Author

Nathan Reiff

Contributing Author

Fundamental analysis, ETFs, Consumer Staples

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
D-Wave Quantum (QBTS)
1.409 of 5 stars
$17.94-3.7%N/A-42.71Buy$10.17
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