D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
7.34
-0.08 (-1.08%)
At close: Apr 2, 2025, 4:00 PM
7.06
-0.28 (-3.81%)
Pre-market: Apr 3, 2025, 4:42 AM EDT
-1.08%
Market Cap 2.14B
Revenue (ttm) 8.83M
Net Income (ttm) -143.88M
Shares Out 291.35M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 39,861,445
Open 7.27
Previous Close 7.42
Day's Range 7.23 - 7.77
52-Week Range 0.75 - 11.95
Beta 0.86
Analysts Strong Buy
Price Target 8.42 (+14.71%)
Earnings Date May 12, 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 python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a developer community. It offers D-Wave Launch, a phased approach to identify and build in-production quantum hybrid appli... [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 $8.42, which is an increase of 14.71% from the latest price.

Price Target
$8.42
(14.71% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days 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...

2 days 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...

2 days 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...

5 days 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...

8 days ago - Seeking Alpha

D-Wave: Too Complex, Too Uncertain, Just Avoid

D-Wave Quantum's recent breakthrough in annealing quantum computing led to a 27% stock price jump, but I recommend selling due to high risks and uncertain profitability. The company's valuation is ext...

8 days ago - Seeking Alpha

Why startups and tech giants are racing to build a practical quantum computer

Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.

Other symbols: IONQQUBTRGTI
12 days ago - CNBC

Quantum computing stocks: D-Wave, Rigetti, IONQ, QUBT are falling. Blame Nvidia (again)

Quantum computing stocks got pummeled yesterday, with the four most prominent public quantum computing companies—IonQ, Rigetti Computing, Quantum Computing Inc., and D-Wave Quantum Inc.—falling anywhe...

Other symbols: IONQNVDAQUBTRGTI
12 days ago - Fast Company

Nvidia's Quantum Computing Event Was a Dud. Why D-Wave Stock and Others Are Falling.

The AI chip maker's Quantum Day was lacking in major announcements and the high-flying–but highly volatile–stocks tumbled.

Other symbols: NVDAQUBT
12 days ago - Barrons

Our Quantum Is Already Useful, Says D-Wave CEO

Alan Baratz, D-Wave CEO, says his company is already delivering products for customers. He outlined how D-Wave's quantum technology can help reduce blockchain energy costs.

13 days ago - Bloomberg Technology

Quantum stocks see strong volatility after outsized gains

CNBC's Kristina Partsinevelos reports on the quantum trade.

Other symbols: IONQQUBTRGTI
13 days ago - CNBC Television

D-Wave Introduces Quantum Blockchain Architecture, Featuring Enhanced Security and Efficiency over Classical Computing

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 that it has published a...

13 days ago - Business Wire

D-Wave Quantum: Wait For The Bubble To Burst First

D-Wave Quantum Inc. has demonstrated remarkable technological breakthroughs, but has the FOMO taken a bit way too far? Despite a record $18.3M in Q4 bookings, D-Wave's projected revenue of $34.4M by F...

14 days ago - Seeking Alpha

D-Wave: Returns Could Be Quantum At This Valuation

Despite D-Wave Quantum Inc.'s strong bookings growth and improving margins, its 220 P/S ratio and reliance on aggressive growth assumptions make the stock overextended, warranting a Hold until a price...

15 days ago - Seeking Alpha

D-Wave Quantum Stock Tumbles, Giving Back Monday Gains

Shares of D-Wave Quantum (QBTS) sank Tuesday morning, giving back the stock's Monday gains and halting a rally that started when the company said it had made a breakthrough last week.

15 days ago - Investopedia

Quantum computing, AI stocks rise as Nvidia kicks off annual conference

Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its an...

16 days ago - Reuters

D-Wave Quantum: It's A Growth Company, With A Long Way To Go

D-Wave Quantum's Q4 2024 results showed strong bookings growth and improved balance sheet, eliminating debt and increasing cash to $300M. Despite positive developments, D-Wave's revenue growth still l...

18 days ago - Seeking Alpha

Quantum computing company shares jump after D-Wave's upbeat forecast

Shares of some quantum computing companies rallied on Thursday, adding to gains from the previous session and bucking the broader market's trend after D-Wave Quantum forecast stronger-than-expected qu...

Other symbols: QUBT
20 days ago - Reuters

Tariff threats weigh on stocks, D-Wave CEO talks earnings

On the latest Morning Brief, anchors Madison Mills and Brad Smith talk to strategists and economists about what President Trump's latest tariff threats mean for stocks and the US economy. They also sp...

20 days ago - Yahoo Finance

D-Wave Quantum (QBTS) Q4 2024 Earnings Call Transcript

D-Wave Quantum Inc. (NYSE:QBTS) Q4 2024 Earnings Conference Call March 13, 2025 8:00 AM ET Company Participants Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Kevin Hu...

20 days ago - Seeking Alpha

D-Wave Posts Wider-Than-Expected Loss. Why the Stock Is Rising After Earnings.

D-Wave Quantum reports better-than-expected revenue and continues to gain customers.

20 days ago - Barrons

D-Wave Reports Fourth Quarter and Year-End 2024 Results

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 financial results for i...

20 days ago - Business Wire

Quantum stocks rebound from dip after new 'supremacy' announcement

D-Wave on Wednesday announced it had achieved quantum supremacy with its annealing chip. Quantum stocks spiked after the news, which suggests quantum machines can outperform classical tech.

21 days ago - Business Insider

SkyWater's Commercially Fabricated Qubits Power D-Wave's Landmark Achievement in Quantum Supremacy

BLOOMINGTON, Minn. & PALO ALTO, Calif.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT, or “SkyWater”), a U.S.-based Trusted technology realization partner, and D-Wave Quantum, Inc. (NYSE: Q...

Other symbols: SKYT
21 days ago - Business Wire

D-Wave Claims It Achieves ‘Quantum Supremacy.' What the Breakthrough Means for Quantum Computing.

D-Wave Quantum says the development has practical applications in objects people use everyday.

21 days ago - Barrons