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DWave Quantum Inc Trading Volume Drops 313% Ranking 468th Despite Analyst Optimism
Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 7:44 pm ET1min read
On April 10, 2025,
Quantum Inc. (NYSE: QBTS) closed flat with a trading volume of $25.3 million, down 31.3% from the previous day, ranking 468th in the day's stock market trading volume.D-Wave Quantum Inc. has been gaining attention from Wall Street analysts, who believe the company's stock could surge by 26.39%. This optimism is driven by the company's strong performance in the
sector, particularly its synergy with artificial intelligence technologies showcased at recent conferences.D-Wave's revenue growth rate of 163.85% outpaces that of its competitor IonQ, which stands at 97.34%. This significant growth rate suggests that D-Wave may offer better value to investors, despite its higher valuation multiple.
Analysts at Grand View Research predict that the quantum computing market will expand at a compound annual growth rate of over 20% until 2030. This forecast bodes well for D-Wave Quantum Inc., positioning it as a potential leader in the rapidly growing field of quantum computing.
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