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D-Wave Quantum (QBTS) Stock Surges Amid Quantum Computing Hype

D-Wave Quantum (QBTS) Stock Surges Amid Quantum Computing Hype

Author:

Global Cryptocurrency

Published:

2025-11-17 15:03:02

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BTCCSquare news:

D-Wave Quantum's QBTS shares have delivered staggering returns, rocketing 181% year-to-date and 1,162% over twelve months as investors chase the quantum computing narrative. The volatility remains extreme—shares currently sit 47% below October's peak—but Q3 earnings showed promising momentum.

Revenue doubled to $3.74 million, surpassing estimates by $710,000, while bookings grew 4% annually to $2.4 million. Canaccord analyst Kingsley Crane highlights bookings as the critical health metric: "We're encouraged to see sequential and yearly growth in Q3." The coming quarter faces a tough comparison against last year's $18.3 million booking figure.

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