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Stock impact report

D-Wave Quantum: Down 52%, But Still Too Expensive To Buy [Seeking Alpha]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Seeking Alpha
Despite a 52% price correction, QBTS trades at an alarming 276x EV/Sales, making the valuation extremely risky. A strong cash position (~$836M) provides a safety net, making shorting dangerous due to high volatility. I rate QBTS a 'Hold': it is too expensive to buy but too speculative to short at these levels. Just_Super/E+ via Getty Images Investment thesis In a time of AI hype and high-tech development, quantum computing is capturing the imagination of investors. The company D-Wave Quantum ( QBTS ) is one of the unique players in the quantum computing sector This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is menti Show less Read more
Impact Snapshot
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