Where Will D-Wave Quantum Stock Be in 3 Years?

While quantum computing has been just around the corner for decades, investors seem to be taking it seriously this time. D-Wave Quantum (NYSE: QBTS) has benefited from the rising industry optimism, with its stock price up by an eyewatering 3,500% over the last 12 months. But past performance doesn't guarantee future performance.In fact, D-Wave's rocketship rally has put potential new investors in a challenging position. On one hand, people have the fear of missing out on the quantum rally. But they also don't want to buy speculative stocks at the top of a mountain because of the risk of a crash. Let's dig deeper to see how the next three years might play out for the stock.D-Wave is pioneering a subset of quantum computing called quantum annealing, which involves building machines designed for solving optimization problems. In other words, these devices aim to find the lowest energy way to complete a task. While this is somewhat distinct from the general-purpose quantum computing being developed by industry leaders like Alphabet, it seems to be enjoying early successes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool