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D-WAVE QUANTUM INC (NYSE:QBTS) – A High-Growth Stock Meeting Minervini’s Trend Template

By Mill Chart

Last update: Jun 3, 2025

D-WAVE QUANTUM INC (NYSE:QBTS) has been identified as a high-growth momentum stock that also meets Mark Minervini’s Trend Template criteria. The company, a developer of quantum computing systems and services, exhibits strong technical and fundamental traits that align with both growth investing and trend-following strategies.

D-Wave Quantum stock chart

Why QBTS Fits the Minervini Trend Template

Minervini’s Trend Template focuses on stocks with strong upward momentum, confirmed by moving averages and relative strength. QBTS meets these criteria:

  • Price Above Key Moving Averages:

    • Current price ($17.11) is well above the 50-day SMA ($9.68), 150-day SMA ($6.69), and 200-day SMA ($5.27).
    • The 50-day SMA is above both the 150-day and 200-day SMAs, confirming bullish momentum.
  • Upward-Trending Moving Averages:

    • The 200-day SMA is rising, indicating a long-term uptrend.
    • The 150-day SMA is also trending upward, reinforcing strength.
  • Strong Relative Strength:

    • QBTS has a ChartMill Relative Strength (CRS) score of 99.83, meaning it outperforms nearly all other stocks.
  • Price Near 52-Week High:

    • The stock is trading within 13.4% of its 52-week high ($19.77), a sign of sustained momentum.
    • It is also 2,180% above its 52-week low ($0.75), showing significant recovery and growth.

High-Growth Fundamentals

Beyond technical strength, QBTS demonstrates accelerating growth metrics:

  • Revenue Growth:

    • Quarterly revenue surged 508.6% year-over-year.
    • Annual revenue growth (TTM) stands at 121.6%, indicating rapid expansion.
  • Earnings Momentum:

    • EPS growth (Q2Q) improved by 80.8%, with consistent beats in earnings estimates (3 out of last 4 quarters).
    • Analysts have raised next-year EPS estimates by 17.5% over the past three months.
  • Sector Leadership:

    • QBTS operates in the high-potential quantum computing sector, with increasing enterprise adoption.
    • The stock outperforms 99% of its software industry peers.

Technical Report Summary

The ChartMill Technical Report rates QBTS a perfect 10/10 for technical strength, citing:

  • Strong long-term and short-term uptrends.
  • High relative strength (99.83) and liquidity.
  • Trading near the upper end of its recent range ($6.82 - $19.77).

While the setup rating is currently 3/10 due to recent volatility, the stock remains a compelling candidate for growth investors once it consolidates.

Our High Growth Momentum + Trend Template Screener lists more high-growth stocks with strong technical setups.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.

D-WAVE QUANTUM INC

NYSE:QBTS (6/2/2025, 8:04:01 PM)

Premarket: 17.29 +0.18 (+1.05%)

17.11

+0.78 (+4.78%)



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