D-Wave Quantum Inc. (QBTS)
| Market Cap | 8.21B |
| Revenue (ttm) | 24.14M |
| Net Income (ttm) | -398.81M |
| Shares Out | 350.12M |
| EPS (ttm) | -1.37 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,053,877 |
| Open | 25.48 |
| Previous Close | 26.40 |
| Day's Range | 23.13 - 25.50 |
| 52-Week Range | 1.42 - 46.75 |
| Beta | 1.52 |
| Analysts | Strong Buy |
| Price Target | 27.36 (+16.62%) |
| Earnings Date | Nov 6, 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 11 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $27.36, which is an increase of 16.62% from the latest price.
News
Quantum Computing Stocks Are Back in the Spotlight. What Investors Should Know.
Quantum computing is back in the spotlight as Rigetti, IonQ, and D-Wave report earnings.
Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings
Quantum stocks are in focus as the Q3 earnings season rolls on. Here's a look at the reports from companies that have reported and estimates for one that is still ahead.
D-Wave to Showcase Advanced Hybrid Quantum Technologies at SC25
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...
D-Wave Quantum Inc. (QBTS) Q3 2025 Earnings Call Transcript
D-Wave Quantum Inc. ( QBTS) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Kevin Hunt Alan Baratz - President, CEO & Director John Markovich - Chief Financial Officer Confere...
D-Wave Quantum Stock Is Rising. Here's What's Driving It Higher.
The quantum-computing company posted $3.7 million in revenue in the third quarter.
D-Wave Reports Third 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...
Here's How Hot Quantum Stocks Have Been Lately—And What to Know About Them
Move over, AI.
Quantum Stocks Fight Back: Slight Rebound On Advances And Funding
Quantum stocks attempted a recovery Wednesday morning following weeks of steep losses, spurred by news of technical breakthroughs and the U.S. Department of Energy's $625 million funding commitment to...
BASF and D-Wave Announce Completion of Proof-of-Concept Project, Demonstrating Benchmark in Manufacturing Efficiency
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and BASF, one of the world's leading chemical companies,...
Futuristic quantum computing stocks take speculators on roller-coaster ride
Investors in pure-play quantum computing stocks are grappling to value these futuristic companies, making prices highly volatile for the latest hot trend on Wall Street.
Rigetti, D-Wave Stocks Down, ETF Reactions Diverge In Market Shakeup
The quantum computing hype train has hit turbulence. While most quantum ETFs are on the downhill ride, one ETF is cashing in on the chaos and another is staying resilient.
D-Wave Advantage2 Quantum Computer Now Available for U.S. Government Applications at Davidson Technologies
PALO ALTO, Calif. & HUNTSVILLE, Ala.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and Davidson Technol...
QS Stock Or QBTS Stock: Which Future Tech Wins?
Both QuantumScape and D-Wave Quantum have captivated investor interest with their innovative technologies and impressive 2025 returns of approximately 200% year-to-date. But if you were to select just...
D-Wave Quantum Gains Nvidia's NVQLink Tailwind Ahead Of Q3 ER (Rating Upgrade)
D-Wave Computing (QBTS) is upgraded to Buy, driven by positive quantum sector developments and Nvidia's NVQLink announcement. QBTS stands out for commercial viability, rapid revenue growth, and a uniq...
IonQ And D-Wave Quantum Compared Amid Rumored Trump Administration Investments
Alphabet Inc., IonQ, Inc., and D-Wave Quantum Inc. offer diverse exposure to quantum computing technologies and investment opportunities. IONQ focuses on gate-based trapped ion quantum computers, whil...
How quantum computing could become the next frontier in national security
Governments and technology companies are fueling an urgent, high-stakes race to develop quantum power, which promises to revolutionize— and potentially compromise — global security.
Quantum Stock Tracker: Rigetti, D-Wave, IonQ's Bumpy Week
Quantum stocks were volatile and in the spotlight following reports that the Trump administration may be interested in investing in the sector.
D-Wave Quantum: How QBTS Stock Rises To $60?
The current outlook for quantum computing stocks is undeniably interesting. D-Wave Quantum stock (NYSE: QBTS), for instance, has increased by over 200% this year, drawing substantial interest from ret...
Trump admin denies report it's seeking stakes in quantum computing firms amid China tech race
The Trump admin denied it was in talks to take equity stakes in U.S. quantum firms, contradicting a Wall Street Journal report citing unnamed sources.
Quantum stocks stayed higher after Trump administration's denial of equity talks. Here's why
The Trump administration is denying that it is "currently" in talks with quantum computing companies to take an equity stake. Shares of IonQ, Rigetti Computing, and D-Wave Quantum were all still highe...
Trump administration in talks to take equity stake in quantum companies, WSJ reports
CNBC's Kristina Partsinevelos reports on news regarding the White House.
Trump administration declines negotiations with quantum firms over equity stakes
The Trump administration has declined any negotiations for equity stakes in quantum computing companies, contradicting earlier reports that sent the sector's stocks soaring on Thursday. As per CNBC, a...
Quantum computing stocks: IonQ, Rigetti, D-Wave, and QUBT are soaring again today. Does Trump want in?
It's been a wild 24 hours for the stock prices of America's “big four” publicly traded quantum computing companies, which include D-Wave, IonQ, Quantum Computing Inc., and Rigetti.
The Latest Trump Trade Is Here—And It's Lifting Quantum Computing Stocks
A new White House trade is here.
Trump admin not negotiating with quantum firms with equity stakes: Commerce official
Trump admin not negotiating with quantum firms with equity stakes: Commerce official