D-Wave Quantum Inc. (QBTS)
| Market Cap | 6.47B -29.6% |
| 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 | 5,419,187 |
| Open | 17.70 |
| Previous Close | 17.70 |
| Day's Range | 17.25 - 17.77 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 2.14 |
| Analysts | Strong Buy |
| Price Target | 35.24 (+102.76%) |
| Earnings Date | 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 $35.24, which is an increase of 102.76% from the latest price.
News
IONQ, QBTS, RGTI Rally as Tech Stocks Rise Ahead of Quantum World Congress
Quantum computing stocks moved higher on Monday as a broader technology rally lifted high-growth names. IonQ, Inc. ($IONQ) gained 3.53%, D-Wave Quantum Inc. ($QBTS) rose 3.45%, and Rigetti Computing, ...
B. Riley Reiterates Buy Ratings on IONQ, QBTS, RGTI Ahead of Quantum World
B. Riley Securities reiterated Buy ratings on IonQ, Inc. ($IONQ), D-Wave Quantum Inc. ($QBTS), and Rigetti Computing, Inc. ($RGTI) ahead of Quantum World Congress 2026, which runs from September 23…
D-Wave Quantum appoints Bernard Gavgani to board of directors
D-Wave Quantum (QBTS) announced the appointment of Bernard Gavgani to its Board of Directors and Cybersecurity Committee. Gavgani currently serves as Senior Advisor for Technology and Innovation to BN...
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 $215 Million Bet to Win the Quantum Arms Race
The U.S. Energy Department launches Quantum Genesis Q, a competition to build an error-corrected, ‘scientifically relevant' quantum computer.
D-Wave (QBTS) to Showcase Growing Quantum Adoption at Qubits Asia 2026
D-Wave Quantum Inc. ($QBTS) is putting its growing Asia-Pacific customer base in the spotlight as the quantum computing company prepares to host Qubits Asia 2026 in Seoul on October 28.
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 (QBTS) to Showcase Dual Quantum Strategy as Wall Street Sees 116% Upside
D-Wave Quantum Inc. ($QBTS) will use next week’s Quantum World Congress 2026 to showcase both sides of its quantum computing strategy: commercial applications running on its annealing systems today an...
Quantum Stocks QBTS, IONQ Fall as Treasury Yields Rise Ahead of Fed
Quantum computing stocks fell on Tuesday, September 15, as higher Treasury yields and uncertainty ahead of the Federal Reserve’s next rate decision pressured speculative growth shares. D-Wave Quantum ...
D-Wave Quantum management to meet virtually with Benchmark
Virtual Meeting to be held on September 17 at 11 am hosted by Benchmark.
D-Wave announces participation as sponsor of Quantum World Congress
D-Wave Quantum (QBTS) announced its participation as a platinum sponsor of Quantum World Congress 2026, taking place September 23-25 in College Park, Maryland. At Quantum World Congress, D-Wave will d...
D-Wave to Showcase Unique Dual-Platform Quantum Computing at Quantum World Congress 2026
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
D-Wave Stock Falls 3.8% as U.S. Government Can Resell 7.1M QBTS Shares
D-Wave Quantum Inc. ($QBTS) registered up to 7,095,721 shares held by the U.S. Department of Commerce for possible resale, according to SEC filings dated September 10. The shares represent about…
Quantum Stocks Slide 3% in Premarket as AI Safety Concerns Hit Tech
Quantum computing stocks are falling in premarket trading today, Monday, as a wider selloff in AI and high-growth technology shares weighed on risk appetite. D-Wave Quantum Inc. ($QBTS) was down…
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...
Quantum Computing News: U.S. Awards $300M to QBTS, RGTI and Quantinuum
Welcome to Thursday’s quantum computing news recap. This edition looks at four developments shaping the sector, with D-Wave Quantum Inc. ($QBTS), Rigetti Computing, Inc. ($RGTI), and Quantinuum securi...
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...
D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100 Million to Accelerate U.S. Leadership in Quantum Computing
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave quantum finalizes a definitive agreement with the U.S. department of commerce for up to $100 million to accelerate U.S. quantum leadership.
This Quantum Stock Is Puzzling. Why Its Growth Surge Is Mostly an Illusion.
One analyst is overlooking Quantum Computing Inc.'s bizarre corporate history and persistent financial challenges for a surprising reason.
D-Wave Quantum Announces the Resignation of Chief Financial Officer
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...
Why Quantum Computing Is a Threat to Cybersecurity
The math behind encryption will be no match for quantum computers, forcing organizations to rethink cybersecurity. Here's what to know.
D-Wave Technology Drives NTT DOCOMO's Second Production Quantum Application in Network Operations
PALO ALTO, Calif. & TOKYO--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services,...