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-0.000692070617074736 -0.000701772541613144 -0.00584379254698151 -0.00818519033558957 -0.00684632474928611 -0.00522933732621427 0.00641297211990284 0.00253220230453043
Stock impact report

D-Wave Quantum (QBTS): Evaluating an Extended 2024 Rally and What Its Current Valuation May Be Pricing In [Yahoo! Finance]

D-Wave Quantum Inc. Common Shares (QBTS) 
Company Research Source: Yahoo! Finance
See our latest analysis for D-Wave Quantum. That surge in the 1 day and 7 day share price returns has added fresh fuel to a rally that already produced a powerful 1 year total shareholder return. This suggests momentum is still very much building rather than fading. If D-Wave's run has you thinking about where else quantum and AI enthusiasm might show up next, it is worth exploring high growth tech and AI stocks as your next hunting ground. With shares already up severalfold and trading about 20 percent below analyst targets but well above most estimates of intrinsic value, investors now face a key question: is there still a genuine buying opportunity here, or has the market already priced in D-Wave's future growth? D-Wave Quantum currently trades at a steep price-to-book ratio of 16.8x, making the stock look richly valued versus peers at the latest close of $32.19. The price-to-book ratio compares the market value of the company to its net assets on the balance sheet. It i Show less Read more
Impact Snapshot
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