Cautiously bullish with pullback potential. D-Wave Quantum (
QBTS) is at $14.02, down 0.28% daily and 14.18% monthly, as shown in the finance card above. X posts reflect mixed sentiment, noting a low-volume pullback to the 50-day EMA ($13.44-$13.50) forming a bullish falling wedge, with potential for a breakout to $16-$18 if it holds above $13.50. Analysts are bullish (Strong Buy, $16.80 average target, 19.8% upside), driven by 183% revenue growth in 2025, the Advantage2 system launch, and a South Korea partnership. However, a Seeking Alpha report flags risks: high valuation (130x forward sales), negative cash flow, dilution from a $400M equity offering, and competition from gate-based quantum firms like IBM and IonQ. Support is at $13.44; resistance is at $14.40-$15. A break above $14.40 could target $16; a drop below $13.44 risks $12.50
QBTS) is at $14.02, down 0.28% daily and 14.18% monthly, as shown in the finance card above. X posts reflect mixed sentiment, noting a low-volume pullback to the 50-day EMA ($13.44-$13.50) forming a bullish falling wedge, with potential for a breakout to $16-$18 if it holds above $13.50. Analysts are bullish (Strong Buy, $16.80 average target, 19.8% upside), driven by 183% revenue growth in 2025, the Advantage2 system launch, and a South Korea partnership. However, a Seeking Alpha report flags risks: high valuation (130x forward sales), negative cash flow, dilution from a $400M equity offering, and competition from gate-based quantum firms like IBM and IonQ. Support is at $13.44; resistance is at $14.40-$15. A break above $14.40 could target $16; a drop below $13.44 risks $12.50
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.