Head to Head Analysis: D-Wave Quantum (NYSE:QBTS) and Paranovus Entertainment Technology (NASDAQ:PAVS)

Paranovus Entertainment Technology (NASDAQ:PAVS) and D-Wave Quantum (NYSE:QBTS) are both small-cap multi-sector conglomerates companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, dividends, analyst recommendations, earnings and institutional ownership.

Institutional & Insider Ownership

0.2% of Paranovus Entertainment Technology shares are held by institutional investors. Comparatively, 42.5% of D-Wave Quantum shares are held by institutional investors. 15.6% of Paranovus Entertainment Technology shares are held by company insiders. Comparatively, 7.2% of D-Wave Quantum shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares Paranovus Entertainment Technology and D-Wave Quantum’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Paranovus Entertainment Technology	N/A	N/A	N/A
D-Wave Quantum	-783.28%	N/A	-134.62%

Valuation & Earnings

This table compares Paranovus Entertainment Technology and D-Wave Quantum”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Paranovus Entertainment Technology	$6.54 million	1.26	-$10.13 million	N/A	N/A
D-Wave Quantum	$8.76 million	127.86	-$82.71 million	($0.42)	-11.90

Paranovus Entertainment Technology has higher earnings, but lower revenue than D-Wave Quantum.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Paranovus Entertainment Technology and D-Wave Quantum, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Paranovus Entertainment Technology	0	0	0	0	0.00
D-Wave Quantum	0	0	6	0	3.00

D-Wave Quantum has a consensus price target of $3.71, suggesting a potential downside of 25.83%. Given D-Wave Quantum’s stronger consensus rating and higher possible upside, analysts plainly believe D-Wave Quantum is more favorable than Paranovus Entertainment Technology.

Summary

D-Wave Quantum beats Paranovus Entertainment Technology on 6 of the 10 factors compared between the two stocks.

About Paranovus Entertainment Technology

Paranovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. The company was founded in 2004 and is headquartered in Nanping, the People's Republic of China.

About D-Wave Quantum

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through production implementation. The company's quantum solutions are used in logistics, financial services, drug discovery, materials sciences, scheduling, fault detection, mobility, and supply chain management. It serves financial services, manufacturing/logistics, mobility, and life sciences/pharmaceuticals industries. D-Wave Quantum Inc. was founded in 1999 and is headquartered in Burnaby, Canada.