From The Motley Fool · Johnny Rice · · 1m
D-Wave Stock in 5 Years
D-Wave quantum stock may drop 70% in 5 years as adoption lags.
In brief
D-Wave quantum stock may drop 70% in 5 years as adoption lags. D-Wave stock could fall to $850 million from $4.5 billion in 5 years due to slow adoption of quantum computing. Originally reported by The Motley Fool.
D-Wave stock price
D-Wave stock trades at $12.10 with a 2.72% gain today.
D-Wave's market cap
D-Wave has a $4.59 billion market cap but faces steep valuation pressure.
Quantum computing basics
Quantum computers use qubits that can exist in multiple states unlike traditional bits.
D-Wave's quantum approach
D-Wave uses quantum annealing for optimization problems like logistics and scheduling.
D-Wave's financials
D-Wave reported $3.1 million revenue and $48 million loss in Q2 with $546.2 million cash.
Bullish scenario
D-Wave sales could grow 50% annually to $323 million by 2031 with continued losses.
Bearish scenario
D-Wave sales might grow 15% annually to $85 million by 2031 with deep losses.
The short version
D-Wave stock could fall to $850 million from $4.5 billion in 5 years due to slow adoption of quantum computing.
