D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
16.15
+0.73 (4.73%)
At close: Sep 9, 2025, 4:00 PM
16.11
-0.04 (-0.25%)
After-hours: Sep 9, 2025, 6:01 PM EDT
4.73%
Market Cap5.52B
Revenue (ttm)22.28M
Net Income (ttm)-281.54M
Shares Out 342.02M
EPS (ttm)-1.10
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume33,989,082
Open15.45
Previous Close15.42
Day's Range15.28 - 16.24
52-Week Range0.80 - 20.56
Beta1.38
AnalystsStrong Buy
Price Target19.40 (+20.12%)
Earnings DateAug 7, 2025

About QBTS

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services. It also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of en... [Read more]

Sector Technology
Founded 1999
Employees 220
Stock Exchange NYSE
Ticker Symbol QBTS
Full Company Profile

Financial Performance

In 2024, D-Wave Quantum's revenue was $8.83 million, an increase of 0.79% compared to the previous year's $8.76 million. Losses were -$143.88 million, 73.9% more than in 2023.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $19.4, which is an increase of 20.12% from the latest price.

Price Target
$19.4
(20.12% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Quantum Stock Tracker: Nvidia Backs Quantinuum; D-Wave, IonQ Announce New Execs

Quantum stocks climbed Tuesday as anticipated interest rate cuts and a broader bullish move in tech stocks provided a supportive backdrop for innovation sectors like quantum computing.

Other symbols: IONQNVDAHONQUBTRGTI
2 hours ago - Benzinga

D-Wave to Participate in Leading Technology Events in September, Showcasing the Growing Global Impact of its Quantum Computing Technology

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced its participation in several leading glo...

11 hours ago - Business Wire

Jim Cramer Urges Caution On Intel Rally, Says IBM Offers More Than D-Wave

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Elbit Systems Ltd. ESLT is very good and he likes the stock.

Other symbols: IBMINTC
1 day ago - Benzinga

Nvidia Invests in Honeywell's Quantinuum. What It Means for D-Wave, IonQ, and Quantum Stocks.

Quantinuum and Nvidia have a ‘shared vision' for quantum computing, CEO Rajeeb Hazra previously told Barron's.

Other symbols: HONIONQNVDARGTI
5 days ago - Barrons

D-Wave Expands Executive Leadership Bench With New Chief Information Security Officer

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplie...

7 days ago - Business Wire

Undercovered Dozen: MSTY, Devon Energy, D-Wave Quantum, OMAH, And More

The Undercovered Dozen spotlights 12 lesser-known stocks and ETFs, offering fresh investment ideas and sparking community discussion. AMLP, YMAX, NIO, Devon Energy, STRK, and Canadian Natural Resource...

Other symbols: DVNOMAHMSTY
7 days ago - Seeking Alpha

Don't Miss D-Wave's Quantum Breakthrough Ride

D-Wave stands out with its quantum annealing technology, strong cash reserves, and growing ecosystem, positioning it as a potential leader in quantum computing. Despite explosive stock gains and indus...

14 days ago - Seeking Alpha

Quantum Stock Tracker: IonQ, Rigetti, D-Wave Boosted By Rate Cut Hopes

Quantum stocks saw a much-needed boost on Friday as markets rallied following surprisingly dovish remarks from Fed Chair Jerome Powell.

Other symbols: IONQRGTI
18 days ago - Benzinga

Quantum computing stocks: D-Wave & Rigetti Computing CEOs discuss the growth potential

Rigetti Computing (RGTI) missed on second quarter analyst estimates, reporting $1.8 million in revenue compared to the $1.87 million expected, and an adjusted loss of $0.13 per share rather than the $...

Other symbols: RGTI
24 days ago - Yahoo Finance

Ways to invest in the AI trade, D-Wave's CEO talks quantum computing

Market Catalysts anchor Julie Hyman breaks down the market moves of the day for August 13, 2025. BlackRock US Head of Equity ETFs Jay Jacobs weighs in on ways to play the AI trade.

27 days ago - Yahoo Finance

D-Wave Quantum CEO Alan Baratz goes one-on-one with Jim Cramer

D-Wave Quantum CEO Alan Baratz joins 'Mad Money' host Jim Cramer to talk quarterly results, the quantum computing space, its path to profitability and more.

27 days ago - CNBC Television

D-Wave Announces First-Ever Qubits Japan 2025 Quantum Computing User Conference

PALO ALTO, Calif. & TOKYO--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software and services, today announced that it is hosti...

27 days ago - Business Wire

Quantum Stock Tracker: D-Wave, IonQ Q2 Earnings Roll In

Quantum stocks grabbed the attention of investors and analysts last week as second-quarter earnings reports came in.

Other symbols: IONQ
4 weeks ago - Benzinga

D-Wave Quantum's Cash Hoard Fuels Aggressive Expansion

D-Wave Quantum Inc. QBTS shares are trading lower on Friday.

4 weeks ago - Benzinga

D-Wave Q2: Quantum = Logic Defied

D-Wave Quantum Inc.'s stock has soared over 2,000% in a year, but its financials remain weak. Despite impressive Q2 gross margins and revenue growth, heavy losses and ongoing dilution make the current...

4 weeks ago - Seeking Alpha

D-Wave Quantum Inc. (QBTS) Q2 2025 Earnings Call Transcript

D-Wave Quantum Inc. (NYSE:QBTS) Q2 2025 Earnings Call August 7, 2025 8:00 AM ET Company Participants Alan E. Baratz - President, CEO & Director John M.

4 weeks ago - Seeking Alpha

D-Wave earnings miss creates buying opportunity in QBTS shares

D-Wave Quantum Inc (NYSE: QBTS) opened in the red this morning, even after reporting better-than-expected revenue for its second financial quarter. The quantum technology company also recorded a sharp...

4 weeks ago - Invezz

D-Wave Reports Second Quarter 2025 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in commercial quantum computing systems, software, and services, today announced financial re...

4 weeks ago - Business Wire

D-Wave Quantum: Buy QBTS Stock Ahead of Its Upcoming Earnings?

D-Wave Quantum (NYSE:QBTS) is scheduled to report its latest earnings on Thursday, August 7, 2025. Historically, the stock has reacted positively to its earnings reports, with a one-day price increase...

4 weeks ago - Forbes

Stock Picks From Seeking Alpha's July 2025 New Analysts

In July, Seeking Alpha welcomed 44 new analysts. This article introduces them and showcases some of their top picks. Analysts provided ratings from Strong Sell to Strong Buy, with detailed justificati...

4 weeks ago - Seeking Alpha

D-Wave Gains Another Bull. Why This Analyst Sees ‘Longer-Term Potential' in Quantum.

In a note Monday, Stifel analyst Ruben Roy initiated coverage on D-Wave with a Buy rating and $26 target price.

5 weeks ago - Barrons

D-Wave Introduces New Developer Tools to Advance Quantum AI Exploration and Innovation

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced today that it has released a collection of off...

5 weeks ago - Business Wire

Li Auto ($LI) | D-Wave Quantum ($QBTS) | Ameresco ($AMRC) | Clean Energy Fuels ($CLNE)

Welcome to the Green Stock News brief for Wednesday July 30th. Here are today's top headlines: Li Auto (NASDAQ: LI) has officially launched the Li i8, a six-seat battery electric SUV that blends off-r...

Other symbols: AMRCCLNELI
5 weeks ago - Green Stock News

D-Wave Quantum Announces Strategic Development Initiative for Advanced Cryogenic Packaging

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced a new strategic development initiative f...

5 weeks ago - Business Wire

Quantum Stock Tracker: D-Wave Rated A 'Buy', Rigetti Sets Q2 Earnings Date

Quantum stocks saw bullish analyst coverage this week and announced dates for second-quarter earnings releases.

Other symbols: RGTI
6 weeks ago - Benzinga