D-Wave Quantum Inc. (QBTS)
| Market Cap | 7.94B |
| Revenue (ttm) | 24.14M |
| Net Income (ttm) | -398.81M |
| Shares Out | 350.12M |
| EPS (ttm) | -1.37 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,428,956 |
| Open | 22.75 |
| Previous Close | 22.41 |
| Day's Range | 22.22 - 22.96 |
| 52-Week Range | 2.50 - 46.75 |
| Beta | 1.52 |
| Analysts | Strong Buy |
| Price Target | 27.36 (+20.69%) |
| Earnings Date | Nov 6, 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]
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 StatementsAnalyst Summary
According to 11 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $27.36, which is an increase of 20.69% from the latest price.
News
Where Will D-Wave Quantum Be in 1 Year?
D-Wave Quantum has soared this year as it released its Advantage2 quantum computer. The company is still bringing in minimal revenue.
3 Quantum Computing Stocks I'd Buy Right Now
The quantum computing industry has transitioned from a realm of scientific curiosity to one of commercial utility, with real revenue now flowing to leading players. Three distinct technological approa...
Prediction: This Stock Market Bubble Will Burst in 2026 and 3 Popular Stocks Will Crash (Hint: Not Artificial Intelligence)
Popular quantum computing stocks Rigetti, IonQ, and D-Wave delivered incredible returns in the last three years. The quantum computing market will still be 100 times smaller in 2030 than the artificia...
Prediction: Wall Street's Biggest Bubble Will Burst in 2026 (and I'm Not Talking About Artificial Intelligence)
Quantum computing pure-play stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have respectively skyrocketed up to 829% over the trailing year. Although quantum computers offer...
Pichai Says Quantum Is Where 'AI Was 5 Years Ago' — Are Quantum Stocks The Next Moonshot Trade?
In a recent interview, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) CEO Sundar Pichai dropped one of the most quietly explosive comments of the year — and it wasn't about AI. Speaking on BBC Newsnight,...
Is D-Wave Quantum Stock a Buy?
Bull arguments for D-Wave Quantum include the company's technology that's solving real-world problems today. Bear arguments against D-Wave include its steep valuation.
UPDATED: GraniteShares Expands YieldBOOST™ Lineup with Two New ETFs on Quantum Computing Leaders RGYY and QBY
New York, NY, Nov. 25, 2025 (GLOBE NEWSWIRE) -- GraniteShares, a one of the leading issuers of exchange-traded funds (ETFs), today announced the launch of two new additions to its growing YieldBOOST ™...
GraniteShares Expands YieldBOOST™ Lineup with Two New ETFs on Quantum Computing Leaders RGYY and QBYY
New York, NY, Nov. 25, 2025 (GLOBE NEWSWIRE) -- GraniteShares, a one of the leading issuer of exchange-traded funds (ETFs), today announced the launch of two new additions to its growing YieldBOOST ™ ...
2 Quantum Computing Stocks to Buy Before They Soar 128% and 132%, According to Certain Wall Street Analysts
IonQ's trapped-ion processors generate more stable qubits than the superconducting processors used by D-Wave, and its gate-based systems will eventually have more use cases. D-Wave's annealing systems...
ExperienceFlow.AI Appoints Dr. Geordie Rose, Founder of D-Wave Systems, Kindred Systems and Sanctuary AI, as a Strategic Advisor
SAN FRANCISCO--(BUSINESS WIRE)-- #Decentralized--ExperienceFlow.AI, the leader in experience powered decentralized superintelligence, today announced the appointment of Dr. Geordie Rose, a pioneer of ...
Which Quantum Computing Stock Is Wall Street Most Bullish About: D-Wave Quantum, IonQ, or Rigetti?
D-Wave, IonQ, and Rigetti are rising quantum computing stars with different approaches. Wall Street remains bullish about all three stocks after their recent declines.
This Is the Biggest Risk to Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum, and It's Gone Virtually Undetected by Investors
Shares of IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. have soared by as much as 1,860% over the trailing year. Historical headwinds, such as the astronomical price-to-sales rat...
Prediction: This Will Be D-Wave Quantum's Stock Price by 2035
D-Wave Quantum is taking a different approach to quantum computing. The stock could be a 10-bagger if it captures a substantial market opportunity.
D-Wave Quantum's CFO Sold Nearly $5 Million in Company Stock. Is This a Warning Sign for Shareholders?
John M. Markovich, Chief Financial Officer of D-Wave Quantum, sold 200,000 shares on Nov. 20, 2025. Mr. Markovich's sale had an estimated value of $4.6 million.
1 Major Red Flag for This Explosive Quantum Computing Stock
D-Wave Quantum's quantum computer is still years away from commercial viability. Insider selling can be interpreted in many ways.
Quantum Computing Stocks: How the Quantum Computing Players Stack Up by Patents (Yes, Nvidia Has Such Patents)
The U.S. was way ahead of any other country or region in U.S. quantum computing patents awarded in 2024. IBM and Alphabet were light-years ahead of other companies in terms of 2024 U.S. quantum comput...
D-Wave Completes Redemption of Public Warrants
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...
Institutional Investors Piled Into IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Stocks -- and They'll Likely Regret It
Form 13F filings allow investors to track which stocks Wall Street leading money managers and financial firms are buying and selling. Collectively, institutional investors were big-time buyers of quan...
Is D-Wave Quantum One of the Best Quantum Computing Stocks to Buy Now?
D-Wave Quantum's stock is up over 1,700% in the past 12 months. D-Wave Quantum has commercially available products, while many competitors are still in the research phase.
Is It Too Late To Invest in D-Wave Quantum? What Investors Need To Consider.
D-Wave's share price increased by more than 1,000% over a 12-month span ranging from late 2024 through 2025. The company surpassed 100 customers and continues to grow revenue.
Is D-Wave Quantum Stock a Buy Now?
D-Wave Quantum's technology could be used to strengthen AI software. In 2025, the company reached quantum advantage, a key industry milestone.
If You'd Invested $1,500 in D-Wave Quantum Stock 1 Year Ago, Here's How Much You'd Have Today
D-Wave Quantum is a pure-play quantum computing company, dealing with hardware and services. Over the past year, D-Wave Quantum's stock has outperformed competitors IonQ and Quantum Computing Inc.
Quantum Computing Inc: Stock price soars on earnings beat in volatile year for quantum stocks
As of this writing, shares in Quantum Computing Inc. (Nasdaq: QUBT) are spiking in premarket trading, with the stock price up over 15%. That's a relatively large swing, even for a quantum computing fi...
Pullbacks for Quantum Computing Stocks IonQ, Rigetti Computing, and D-Wave Quantum Appear Set to Accelerate
By one estimate, the evolution of quantum computing can create $1 trillion in global economic value by 2035. IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. stocks have all soared ...
Better Artificial Intelligence Stock: IonQ vs. D-Wave Quantum
Quantum computers can solve in minutes what would take a million years with today's supercomputers. IonQ proved its technique can make AI faster and operate even in an environment of limited data.