On the stock market since 2020, it operates in the world of technology. It has 385 employees. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
Average growth of 41% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly above the class average — a step short of the very top.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Business Quality: Profit power and business quality trail similar companies in the sector.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
The stock trades 58% below its peak. The market has trimmed its expectations for the company.
Over the last 3 years, sales grew about 51% a year on average.
Sales run at $24.6M a year. A small number, but proof the product has real buyers.
There is $884.5M in the vault; even if every debt were paid off, $841.0M would remain.
A loss of $355.1M against $24.6M in annual sales.
This stock swings about 2.2 times as much as the market average. Big rallies — and big drops — can both happen fast.
At the current pace of spending, the cash lasts about 2.5 years. After that, the company needs to find new money.
On our five-subject report card, QBTS sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: QBTS is a high-risk stock — not yet profitable, and its future rides on its product catching on.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Analysts’ average target sits above today’s price, yet the valuation grade (24/100) says the stock isn’t cheap.