D-Wave Quantum Inc. (QBTS)
| Market Cap | 4.77B -65.6% |
| Revenue (ttm) | 12.43M -44.2% |
| Net Income | -248.70M |
| EPS | -0.69 |
| Shares Out | 372.44M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 23,825,931 |
| Open | 11.56 |
| Previous Close | 12.03 |
| Day's Range | 11.35 - 12.87 |
| 52-Week Range | 11.35 - 46.75 |
| Beta | 2.17 |
| Analysts | Strong Buy |
| Price Target | 34.65 (+170.39%) |
| Est. Earnings | Nov 5, 2026 |
About QBTS
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides 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, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company’s server. The company al... [Read more]
Financial Performance
In 2025, D-Wave Quantum's revenue was $24.59 million, an increase of 178.54% compared to the previous year's $8.83 million. Losses were -$355.06 million, 146.8% more than in 2024.
Financial StatementsAnalyst Summary
According to 17 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $34.65, which is an increase of 170.39% from the latest price.
News
D-Wave Quantum delivers Italy’s first annealing quantum computer
D-Wave Quantum (QBTS) announced at Digital Innovation Forum 2026 that its Advantage2 annealing quantum computer has arrived in Lombardy, Italy, for installation at Villa Saporiti in Como. Funded by Sw...
D-Wave Delivers Italy's First Annealing Quantum Computer
PALO ALTO, Calif. & COMO, Italy--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing annealing and gate-model sy...
Why Are Quantum Stocks IONQ, QBTS, RGTI, and QUBT Falling Again?
Quantum computing stocks extended their recent losses in premarket trading today, with IonQ Inc. ($IONQ) down about 4.95% at the moment of writing, D-Wave Quantum Inc. ($QBTS) down 4.19%, Rigetti…
D-Wave Quantum Deepens Partnership With IonQ's SkyWater Technology
D-Wave Quantum announces a multi-year agreement with SkyWater Technology to leverage the IonQ-owned company's foundry services.
D-Wave Quantum (QBTS) Signs Multi-Year SkyWater Deal as Shares Slide
D-Wave Quantum Inc. ($QBTS) has signed a multi-year agreement with SkyWater Technology to continue developing and manufacturing specialized semiconductors for its quantum computing systems. According ...
D-Wave Quantum, SkyWater Technology announce multi-year agreement
SkyWater Technology and D-Wave Quantum (QBTS) announced a multi-year agreement. This collaboration extends the long-established partnership between both companies, to continue specialized semiconducto...
SkyWater and D-Wave Extend Quantum Manufacturing Collaboration Through Multi-Year Agreement
BLOOMINGTON, Minn. & PALO ALTO, Calif.--(BUSINESS WIRE)--SkyWater Technology (“SkyWater”), the first quantum foundry in the U.S., and D-Wave Quantum Inc. (Nasdaq: QBTS) ("D-Wave"), the only dual-platf...
Why Did Quantum Computing Stocks IONQ, QBTS, RGTI and QUBT Plunge Wednesday?
Quantum computing stocks fell sharply on Wednesday, as surging U.S. Treasury yields pressured speculative technology shares. IonQ Inc. ($IONQ) dropped 4.50%, D-Wave Quantum Inc. ($QBTS) lost 3.61%, Ri...
Quantum Computing News: D-Wave (QBTS) Targets Supply Chain Optimization, Quantinuum (QNT) Expands in Australia
Welcome to Monday’s quantum computing news recap. This edition looks at five developments across the sector, with planqc advancing its European quantum hardware push, Quantinuum ($QNT) expanding acces...
D-Wave (QBTS) Targets Supply Chain Optimization with Quantum Computing
D-Wave Quantum Inc. ($QBTS) is teaming up with the University of Arkansas’ Supply Chain Management Research Center to study how quantum computing could help solve complex supply chain problems, includ...
D-Wave Partners with University of Arkansas to Establish Quantum Supply Chain Initiative at the Sam M. Walton College of Business
PALO ALTO, Calif. & FAYETTEVILLE, Ark.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave”), the only dual-platform quantum computing company providing annealing and gate-model systems, sof...
QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law
LOS ANGELES--(BUSINESS WIRE)---- $QBTS--QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law.
D-Wave Launches Gate-Model Simulator Beta Program, Advancing Error-Aware Programming Capabilities
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
Here's why quantum computing stocks IonQ, RGTI, QBTS, INFQ are rising
Top quantum computing stocks like IonQ, Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) are rising today after IonQ made a breakthrough this week. IonQ stock is up more than 10% in the pre-market...
CGI and D-Wave Quantum partner to advance enterprise quantum adoption
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Collaboration combines CGI's industry expertise and D-Wave's quantum technology to help clients address complex optimization challenges and...
Quantum stocks are getting hot again after a brutal summer. Can the rally last?
This week's Quantum World Congress could trigger a ‘sentiment reversal' for quantum stocks after a rough summer, an analyst said.
D-Wave Appoints Bernard Gavgani to Board of Directors and Cybersecurity Committee
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
Inside the Trump Administration‘s $215 Million Bet to Win the Quantum Arms Race
The U.S. Energy Department launches Quantum Genesis Q, a competition to build an error-corrected, ‘scientifically relevant' quantum computer.
D-Wave to Host Qubits Asia 2026 Quantum Computing User Conference in Seoul
PALO ALTO, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and g...
D-Wave to Showcase Unique Dual-Platform Quantum Computing at Quantum World Congress 2026
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
Quantum Is Years From Maturity but Already Going Mainstream
BofA Securities says investor and corporate interest in quantum computing is surging as government funding, technological breakthroughs, and rising budgets push the technology closer to commercializat...
Why quantum computing stocks are soaring today while the rest of the market falls
Shares in the five most prominent quantum computing companies are rising today despite a larger market pullback. The stock price jump in the companies controlling the nascent technology comes after th...
These 3 Quantum Stocks Are on the Rise as US Government Takes Minority Stakes
The U.S. government is taking minority stakes in three quantum computing companies in exchange for CHIPS and Science Act funding. Investors are cheering the move.
U.S. Government Is Now a Quantum Investor. Where the Chips Act Money Is Going.
Rigetti Computing, D-Wave Quantum, and Quantinuum are set to receive $100 million each from the U.S. Commerce Department.
U.S. Gets Minority Stakes in D-Wave, Rigetti, Quantinuum in $300 Million CHIPS Act Funding Deal
The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-co...