D-Wave Quantum Inc. (QBTS)
| Market Cap | 11.77B |
| 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 | 43,943,774 |
| Open | 39.52 |
| Previous Close | 38.33 |
| Day's Range | 33.52 - 39.68 |
| 52-Week Range | 0.98 - 46.75 |
| Beta | 1.48 |
| Analysts | Strong Buy |
| Price Target | 20.50 (-40.41%) |
| 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 -40.41% from the latest price.
News
These 11 Stocks Are Probably in a Bubble. It's Time to Get Out.
The stocks are all tied to Wall Street's hopes for AI and quantum computing. Examples are D-Wave Quantum and NuScale Power.
D-Wave Announces 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...
Quantum Stock Tracker: Early Rally Fades, Rigetti And D-Wave Still Up On The Week
Quantum stocks pulled back on Thursday and Friday after a strong rally earlier in the week. Here's a look at what drove the early rally and the pull-back that followed.
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The fortunes of major quantum computing firms turned negative this week as share prices sank—in some cases by double digits.
D-Wave Makes European Push
D-Wave has announced an agreement with Swiss Quantum Technology to deploy its most advanced quantum processor to date, the Advantage2. D-Wave CEO Alan Baratz discusses the company's expansion in Europ...
D-Wave stock rises again after it strikes a deal to bring its Advantage2 quantum computer to Italy
U.S. quantum computing firm D-Wave Quantum has struck a deal with a company called Swiss Quantum Technology (SQT) to bring D-Wave's Advantage2 quantum computer to Europe.
Swiss Quantum Technology SA Signs €10M Agreement to Deploy D-Wave Advantage2 Annealing Quantum Computer
PALO ALTO, Calif. & COMO, Italy--(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 comm...
Quantum Stock Rally Leaves Shkreli's Short 'Pretty F***n' Far From Okay'
Martin Shkreli, known for his outspoken views in finance, has been shorting quantum computing stocks IonQ, Inc. (NYSE:IONQ), D-Wave Quantum, Inc. (NYSE:QBTS), Rigetti Computing, Inc. (NASDAQ:RGTI), an...
D-Wave Named Winner in Fast Company's 2025 Next Big Things in Tech Awards
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...
Quantum computing stocks soared again yesterday. The reason why may surprise even their biggest boosters
Shares in America's “Quantum Four” quantum computing companies surged again yesterday. D-Wave, IonQ, Quantum Computing, and Rigetti all saw their stock prices jump by double-digit percentages.
The Birth of the World's Most Powerful Quantum Hub
PALO ALTO, Calif. & COMO, Italy--(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 comm...
Worden: "Love" PLTR & QBTS, Labor Bigger Risk to Markets Than Tariffs
Jim Worden remains bullish on market momentum. He says technicals for most stocks show an uptrend, though he warns investors to brace for more "break" days for markets to breathe.
Quantum stocks surge after JPMorgan investing push into strategic tech
Quantum stocks, including Rigetti Computing and IONQ, surge on Monday. The quantum rally continued after JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum com...
Rigetti, D-Wave, IonQ Could Get JPMorgan's Support—Quantum Stocks Take Off
Quantum computing stocks rallied on Monday as broader markets breathed a sigh of relief after President Trump appeared to cool trade tensions with China.
Defiance Launches QBTZ: The First 2X Short ETF for D-Wave Quantum Inc
MIAMI, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to announce the launch of the Defiance Daily Target 2X Short QBTS ETF (Ticker: QBTZ) , further expanding its innovative lineup of singl...
D-Wave and the University of Southern California Bring Quantum Computing to LA Tech Week
PALO ALTO, Calif. & MARINA DEL REY, 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...
Quantum Computing, Mesoblast And Other Big Stocks Moving Lower In Monday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 100 points on Monday.
Quantum stocks Rigetti Computing and D-Wave surged double-digits this week. Here's what's driving the big move
Rigetti Computing, D-Wave Quantum and Quantum Computing surged more than 20% this week. Rigetti announced purchase orders for two of its quantum computing systems totaling $5.7 million.
Trending Quantum Stocks—Rigetti And D-Wave Are Popping
Quantum stocks were popping on Friday after trending across social media for most of the week. Here's a look at what's going on in the quantum computing sector.
Rigetti, D-Wave, and other quantum computing stocks are leaping again: How high will they go?
Investors in quantum computing stocks are having another great week, with shares in the major publicly traded firms up by double digits over the last 24 hours in most cases. Here's a snapshot of their...
Rigetti Stock Hits Record High. The Move Is Lifting Quantum Players Like D-Wave and IonQ.
Rigetti secures purchase orders for two systems for a total of $5.7 million.
D-Wave to Participate in Quantum Beach Conference, Highlighting Company's Leadership in the Commercialization of Quantum Computing
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 Quantum Beach, a le...
North Wales Police and D-Wave Announce Hybrid-Quantum Application Outperforms Classical Results in Proof-of-Technology Project Optimizing Police Vehicle Placement
PALO ALTO, Calif. & NORTH WALES, United Kingdom--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the wo...
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...