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Prediction: This Will Be D-Wave Quantum's Stock Price by the End of 2030

The Motley Fool·
Prediction: This Will Be D-Wave Quantum's Stock Price by the End of 2030

D-Wave Quantum, a pure-play quantum computing company, is unlikely to gain value by 2030 despite strong booking growth. Trading at a P/S multiple of 307 versus the S&P 500's average of 3.7, the stock is highly speculative. While the company shows promise with its Advantage2 quantum annealing device and 1,120% booking growth, experts believe commercially viable quantum computers are years or decades away. The analyst predicts the stock will remain around $10.65 by end of 2030, advising optimistic investors to wait for a better entry point.

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