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Posted by
Two Blokes May 23 -
Filed in
Stock
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3 views
D-Wave Quantum Inc.'s stock surged +164% over the past month on Advantage2's launch and $15M in sales for Q1 versus $8.8M for FY24. We're calling 'sell' on D-Wave because the revenue growth this quarter is on a one-time sale rather than commercial/enterprise adoption. Not to mention, the market is ignoring the big fat red flag from this quarter: declining bookings, down 64% to $1.6M from $4.5M in the year-ago quarter.
