D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
16.53
-0.40 (-2.36%)
At close: Jun 11, 2025, 4:00 PM
16.61
+0.08 (0.48%)
After-hours: Jun 11, 2025, 7:59 PM EDT
-2.36%
Market Cap 5.22B
Revenue (ttm) 21.36M
Net Income (ttm) -131.99M
Shares Out 315.99M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 86,549,717
Open 17.44
Previous Close 16.93
Day's Range 16.17 - 17.71
52-Week Range 0.75 - 19.77
Beta 1.48
Analysts Strong Buy
Price Target 10.17 (-38.48%)
Earnings Date Aug 7, 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 $10.17, which is a decrease of -38.48% from the latest price.

Price Target
$10.17
(-38.48% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

QBTS Stock: What's Next For D-Wave After 1,350% Rally?

D-Wave Quantum (NYSE: QBTS), a company specializing in quantum computing, has experienced a remarkable stock price increase of 1,360% over the past twelve months, indicating a rising interest in this ...

14 hours ago - Forbes

Nvidia CEO Changes Tune on Quantum Computing. D-Wave, Rigetti, and IonQ Stocks Rise.

Jensen Huang says quantum machines will be used to solve ‘interesting problems in the coming years.'

Other symbols: IONQNVDAQUBTRGTI
16 hours ago - Barrons

Second-Largest U.S. Pension Bought Up D-Wave Quantum, DJT Stock

Calstrs disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.

Other symbols: DJT
10 days ago - Barrons

Joyride Is Over: Selling D-Wave Quantum Stock Before Bookings Negative Kicks In

D-Wave Quantum Inc.'s stock surged +164% over the past month on Advantage2's launch and $15M in sales for Q1 versus $8.8M for FY24. We're calling 'sell' on D-Wave because the revenue growth this quart...

19 days ago - Seeking Alpha

Fast Money: XLU, QQQ, QBTS

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: QQQXLU
21 days ago - CNBC Television

D-Wave Quantum: I Expect The Rally To Fade, Caution Is Advised

D-Wave Quantum Inc. delivered impressive Q1 results with 508% revenue growth, but this was driven by a one-off system sale, not recurring QCaaS revenue. Despite a strong cash position from a large equ...

21 days ago - Seeking Alpha

QBTS CEO on Quantum Commercialization, "Adventage2" & A.I. Growth Drivers

Alan Baratz, CEO of D-Wave Quantum (QBTS), joins Diane King Hall to discuss how his company has driven profits in what he considers the "very early" stages of quantum computing. He also talks about th...

21 days ago - Schwab Network

Overlooked Stock: QBTS

The quantum race gained traction after D-Wave Quantum (QBTS) offered wider access to its most advanced quantum computer. As George Tsilis notes, the company added to its near-1,200% rally over the yea...

22 days ago - Schwab Network

Stock Market Today: Cautious Investors Let Stocks Drift Lower

Markets weigh encouraging trends for earnings and tariffs against concerning signals from U.S. consumers.

Other symbols: HD
22 days ago - Kiplinger

D-Wave's stock is surging — but here's why projecting future revenue is tricky

D-Wave Quantum Inc.'s stock was climbing more than 30% on Tuesday after the company announced the availability of its next-generation quantum computing system, Advantage2. But it remains unclear when ...

22 days ago - Market Watch

D-Wave Stock Is Soaring on a New Quantum Computer Launch

D-Wave Quantum (QBTS) shares surged Tuesday after the company unveiled its newest quantum computer, which it claims is capable of solving problems beyond the capabilities of a classical GPU-based supe...

22 days ago - Investopedia

Valuation concerns cloud D-Wave Quantum stock as QBTS launches Advantage2

D-Wave Quantum Inc (NASDAQ: QBTS) rallied as much as 30% this morning after the launch of its most advanced quantum computer to date dubbed the “Advantage2”. According to Alan Baratz, the chief execut...

22 days ago - Invezz

Casella Waste Systems ($CWST) | D-Wave Quantum ($QBTS) | Archer ($ACHR) | Fluence Energy ($FLNC)

Welcome to the Green Stock News brief for Tuesday May 20th. Here are today's top headlines: Casella Waste Systems (NASDAQ: CWST) has completed a major renovation of its Connecticut materials recovery ...

Other symbols: ACHRCWSTFLNC
22 days ago - Green Stock News

D-Wave stock price soars double digits as quantum computer shares rally again today. Here's why

Shares in major quantum computer companies were on the rise again in premarket trading on Tuesday, highlighting what has been a volatile couple of weeks for a nascent industry that continues to captiv...

22 days ago - Fast Company

D-Wave Quantum shares soar 20% as company releases latest computing system

D-Wave Quantum shares soar 20% as company releases latest computing system

22 days ago - CNBC

D-Wave Announces General Availability of Advantage2 Quantum Computer, Its Most Advanced and Performant System

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 the general availabilit...

22 days ago - Business Wire

D-Wave Quantum Unveils Advantage2 System. It's ‘Energy-Efficient Computing for Hard Problems.

D-Wave Quantum says its sixth-generation quantum computer will be available over the cloud.

22 days ago - Barrons

D-Wave Quantum Stock Soaring On 509% Revenue Pop, Higher Margins

Since March 23, when I last wrote on Forbes, about D-Wave Quantum, the quantum computing provider's stock has popped 50%.

23 days ago - Forbes

D-Wave At A Critical Level - I'm Staying On The Sidelines

D-Wave delivered its best quarter since going public, driven by a major one-off system sale that accounted for 84% of the $15 million in total sales. That said, Q1 bookings dropped to $1.6M from $18.3...

26 days ago - Seeking Alpha

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

NEW YORK, NY / ACCESS Newswire / May 15, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QB...

27 days ago - Accesswire

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

NEW YORK, NY / ACCESS Newswire / May 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QB...

4 weeks ago - Accesswire

Quantum "Long-Term Bet," Forms "Trifecta" with A.I. & Cloud

Steven Dickens says investors "shouldn't be focused on headline numbers" for quantum stocks. Rigetti Computing (RGTI) posted a big revenue miss but Steven believes it, and other quantum companies, hav...

Other symbols: IONQRGTI
4 weeks ago - Schwab Network

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

NEW YORK, NY / ACCESS Newswire / May 13, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QB...

4 weeks ago - Accesswire

QTUM: The Bullish Narrative Returns, Driven By D-Wave Quantum's Results

Quantum Computing is emerging as an increasingly established technology, reminiscent of the early days of AI. The QTUM ETF has a 40% exposure to quantum computing while maintaining controlled, well-ba...

4 weeks ago - Seeking Alpha

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

NEW YORK, NY / ACCESS Newswire / May 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of D-Wave Quantum Inc. ("D-Wave" or "the Company") (NYSE:QB...

4 weeks ago - Accesswire