D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
11.09
+0.67 (6.43%)
At close: May 9, 2025, 4:00 PM
11.02
-0.07 (-0.63%)
After-hours: May 9, 2025, 4:12 PM EDT
6.43%
Market Cap 3.23B
Revenue (ttm) 21.36M
Net Income (ttm) -131.99M
Shares Out 291.35M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 160,505,319
Open 9.85
Previous Close 10.42
Day's Range 9.83 - 11.68
52-Week Range 0.75 - 11.95
Beta 0.89
Analysts Strong Buy
Price Target 9.17 (-17.31%)
Earnings Date May 8, 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 Forecast

According to 6 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $9.17, which is a decrease of -17.31% from the latest price.

Price Target
$9.17
(-17.31% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

D-Wave's Quantum Momentum Impresses Analyst, Sees Stronger Commercial Uptake Ahead

Needham analyst Quinn Bolton reiterated the Buy rating on D-Wave Quantum Inc. QBTS, raising the price forecast from $8.50 to $13.

2 hours ago - Benzinga

Bronstein, Gewirtz & Grossman, LLC Is Investigating D-Wave Quantum Inc. (QBTS) And Encourages Investors to Connect

NEW YORK, NY / ACCESS Newswire / May 9, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

6 hours ago - Accesswire

D-Wave Quantum Inc. (QBTS) Q1 2025 Earnings Call Transcript

D-Wave Quantum Inc. (NYSE:QBTS) Q1 2025 Earnings Conference Call May 8, 2023 8:00 AM ET Company Participants Kevin Hunt - Investor Relations Alan Baratz - Chief Executive Officer John Markovich - Chi...

1 day ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Encourages D-Wave Quantum Inc. (QBTS) Stockholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESS Newswire / May 8, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

1 day ago - Accesswire

D-Wave Quantum Stock Jumps 21% After Earnings. It's Another Encouraging Sign for the Sector.

D-Wave Quantum posts a narrower quarterly loss and record first-quarter revenue.

1 day ago - Barrons

D-Wave Reports First 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...

1 day ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against D-Wave Quantum Inc. (QBTS) and Encourages Investors to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 7, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

2 days ago - Accesswire

QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with the Schall Law Firm

LOS ANGELES , May 7, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of D-Wave Quantum Inc. ("...

2 days ago - PRNewsWire

D-Wave Quantum to Participate in Upcoming Investor Conferences

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced that management will be participating in...

2 days ago - Business Wire

D-Wave Quantum Inc. (QBTS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

3 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against D-Wave Quantum Inc. (QBTS) And Encourages Stockholders to Reach Out

NEW YORK, NY / ACCESS Newswire / May 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

4 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating D-Wave Quantum Inc. (QBTS) And Encourages Stockholders to Connect

NEW YORK, NY / ACCESS Newswire / May 4, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

5 days ago - Accesswire

D-Wave Quantum Inc. (QBTS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 2, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

7 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against D-Wave Quantum Inc. (QBTS) and Encourages Stockholders to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QBT...

8 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages D-Wave Quantum Inc. (QBTS) Investors to Inquire about Securities Investigation

NEW YORK, NY / ACCESS Newswire / April 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:...

8 days ago - Accesswire

D-Wave Quantum Inc. Shares Drop Following Kerrisdale Capital Report; QBTS Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses

BOSTON, MA / ACCESS Newswire / April 30, 2025 / Block & Leviton is investigating D-Wave Quantum Inc. (NYSE:QBTS) for potential securities law violations. Investors who have lost money in their D-Wave ...

9 days ago - Accesswire

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

9 days ago - GlobeNewsWire

D-Wave Quantum: Thank The Correction For This Speculative Buy Opportunity (Rating Upgrade)

Our caution surrounding the dangers of chasing overpriced stocks in an overly exuberant stock market has paid off well, as D-Wave Quantum pulls back by -47.7% since 52 week heights. Thanks to the chea...

10 days ago - Seeking Alpha

D-Wave Quantum to Report First Quarter Fiscal Year 2025 Financial Results on May 8, 2025

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results fo...

15 days ago - Business Wire

D-Wave and Davidson Technologies Near Installation Completion of Alabama's First On-Site Annealing Quantum Computer

PALO ALTO, Calif. & HUNTSVILLE, Ala.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and Davidson Technologies, Inc. (“Dav...

16 days ago - Business Wire

Japan Tobacco and D-Wave Announce Quantum Proof-of-Concept Outperforms Classical Results for LLM Training in Drug Discovery

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 pharmaceutical division of Japa...

5 weeks ago - Business Wire

In Production: Ford Otosan Deploys Vehicle Manufacturing Application Built with D-Wave Technology

PALO ALTO, Calif. & GÖLCÜK, Turkey--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and Ford Otosan, a joi...

5 weeks ago - Business Wire

D-Wave Highlights Quantum Optimization Customer Growth and Introduces Expanded Offering to Accelerate Adoption and Deployment

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, today announced several initiatives des...

5 weeks ago - Business Wire

Quantum Computing D-Wave News - FAANG Data Science 2025 Interview Prep Course Questions MCQ Answers And Mock Interviews Updated

Santa Clara, March 28, 2025 (GLOBE NEWSWIRE) -- Santa Clara, California - As quantum computing reaches new milestones with D-Wave's recent claim of "quantum supremacy" in magnetic materials simulation...

6 weeks ago - GlobeNewsWire

D-Wave Quantum: Potential Applications In Crypto Mining; Initiating With 'Buy'

I am initiating a 'Buy' rating on D-Wave Quantum with a fair value of $11 per share due to its superior technology and potential in crypto mining. D-Wave's quantum computing technology could significa...

6 weeks ago - Seeking Alpha