D-Wave Quantum Inc. (QBTS)
| Market Cap | 8.66B |
| Revenue (ttm) | 22.28M |
| Net Income (ttm) | -281.54M |
| Shares Out | 342.02M |
| EPS (ttm) | -1.10 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 68,893,111 |
| Open | 27.02 |
| Previous Close | 26.76 |
| Day's Range | 24.97 - 28.57 |
| 52-Week Range | 0.87 - 29.18 |
| Beta | 1.38 |
| Analysts | Strong Buy |
| Price Target | 20.50 (-19.0%) |
| Earnings Date | Nov 13, 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 10 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $20.5, which is a decrease of -19.00% from the latest price.
News
Quantum Stock Tracker: Rigetti, D-Wave Climb On Bullish Coverage
Some quantum stocks pulled back from all-time highs this week as investors rotated out of speculative names and into more defensive positions.
D-Wave Quantum: The Only Quantum You Can Use Today, But I Would Still Sell
D-Wave Quantum Inc. is the only public pure-play quantum computing company generating revenue, focusing on quantum annealing for optimization rather than gate-model quantum computing. QBTS boasts real...
Eye-Popping Moves In Quantum Stocks
Quantum computing stocks have had another parabolic run recently. Systems are still experimental, error-prone, and difficult to scale, with many breakthroughs required before they can solve real-world...
Quantum Computing: Overvalued And Not Much To Show For
Pure-play quantum computing stocks like IonQ, D-Wave Quantum, Quantum Computing, and Rigetti Computing are massively overvalued, with hype-driven valuations far exceeding fundamentals. Current revenue...
Rigetti, D-Wave, IonQ Set To Disrupt Everything—Expert Goes All In
Quantum computing stocks are on fire, driven by a powerful combination of retail investor sentiment and strong government support, which is pushing the sector higher. One analyst is also going all in ...
D-Wave (QBTS) CEO on Advantage2, Quantum Applications & A.I. Training
Alan Baratz, CEO of D-Wave Quantum (QBTS), returns to Schwab Network to talk about how his company has accelerated its quantum tech into its customer base. He says D-Wave's Advantage2 quantum computer...
Four Ways to Invest in Quantum Computing
Quantum computing stocks offer exposure to mind-boggling problem-solving potential. Here are four ways investors can gain exposure to an emerging megatrend.
Trump's Next Tech Order Could Set Quantum Stocks On Fire
Quantum computing stocks have boomed in 2025, and a new catalyst is adding fuel to the fire: The Trump administration is looking to bolster the industry in the name of national security.
Martin Shkreli Amplifies Critique Calling D-Wave's Quantum Tech 'Dead-End:' It Would Take Until 2054 To Match Current Classical Solvers
A critique of D-Wave Quantum Inc. QBTS, amplified by ‘Pharma Bro' Martin Shkreli, is challenging the company's viability, alleging its technology is a potential “dead-end.”
D-Wave Quantum Inc. Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
Quantum computing stocks on the rise: Why are IonQ, D-Wave, Rigetti, and QUBT moving higher?
Shares in the four largest publicly traded quantum computing companies (which I'll refer to as the “Quantum Four” for short) are currently having a good 24 hours.
Quantum stocks are hot again. Here's what's behind their explosive rally.
Shares of quantum-computing companies like D-Wave and IonQ are soaring this week as a flurry of positive news boosts investor enthusiasm for the emerging technology.
Watch These D-Wave Quantum Price Levels as Stock Soars to Record High
D-Wave Quantum (QBTS) shares remain in focus after surging to a fresh record high yesterday following the company's inaugural Qubits Japan 2025 quantum computing user conference.
D-Wave Quantum: How Does QBTS Stock Fall To $1?
D-Wave Quantum stock (NYSE: QBTS) has skyrocketed by an impressive 2,200% over the past twelve months. What is the reason behind this?
D-Wave: Quantum Leap In Real Time
D-Wave's Advantage2 system delivers 4,400+ qubits, 20-way connectivity, a 40% higher energy scale, and double coherence time. Over 20.6 million problems solved on Advantage2 via Leap cloud by mid-2025...
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.
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...
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.
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.
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...
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...
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...
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.
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 $...