D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
4.975
-0.505 (-9.22%)
Mar 3, 2025, 2:53 PM EST - Market open
-9.22%
Market Cap 1.45B
Revenue (ttm) 9.42M
Net Income (ttm) -73.82M
Shares Out 291.16M
EPS (ttm) -0.43
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 39,011,595
Open 5.580
Previous Close 5.480
Day's Range 4.970 - 5.770
52-Week Range 0.751 - 11.410
Beta 1.11
Analysts Strong Buy
Price Target 6.71 (+34.87%)
Earnings Date Mar 13, 2025

About QBTS

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a quantum computer; 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 provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through ... [Read more]

Sector Technology
Founded 1999
Employees 200
Stock Exchange NYSE
Ticker Symbol QBTS
Full Company Profile

Financial Performance

In 2023, D-Wave Quantum's revenue was $8.76 million, an increase of 22.10% compared to the previous year's $7.17 million. Losses were -$82.72 million, 54.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $6.71, which is an increase of 34.87% from the latest price.

Price Target
$6.71
(34.87% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

D-Wave Quantum to Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 13, 2025

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced it will release its financial results fo...

4 days ago - Business Wire

Defiance ETFs' QTUM, Quantum Computing ETF, Earns 5-Star Morningstar Rating and Surpasses $1 Billion in AUM

MIAMI , Feb. 26, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in thematic investing, is proud to announce that its QTUM – Defiance Quantum Computing ETF has achieved two significant milestones: a...

Other symbols: IONQQTUMRGTI
5 days ago - GlobeNewsWire

Quantum computing stocks are surging again after Microsoft unveiled its Majorana 1 quantum chip

The stock prices of quantum computing companies are surging in premarket trading this morning after Microsoft unveiled a new type of quantum computing chip yesterday, the Majorana 1. Here's what you n...

Other symbols: IONQMSFTQUBTRGTI
10 days ago - Fast Company

Quantum computing stocks rise as Microsoft's new chip heats up debate over technology

Quantum computing stocks rose in premarket trading on Thursday after Microsoft launched a new chip that indicated the technology is not "decades away" as stated by the top boss of AI chip bellwether N...

Other symbols: IONQMSFTQUBTRGTI
11 days ago - Reuters

D-Wave and Staque Announce New Hybrid-Quantum Application for Optimization of Autonomous Agriculture Vehicle Movements

PALO ALTO, Calif. & CALGARY, Alberta--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world's first commercial suppl...

13 days ago - Business Wire

Forschungszentrum Jülich Purchases D-Wave™ Quantum Computer, Becoming First High-Performance Computing Center in the World to Own D-Wave's Advantage™ System

PALTO ALTO, Calif. & JÜLICH, Germany--(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 firs...

18 days ago - Business Wire

D-Wave Announces On-Premises Systems Offering to Push Boundaries of Quantum-Fueled Research and Advance Quantum + AI Development

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...

18 days ago - Business Wire

D-Wave Quantum Announces Another Sale. It's a Milestone in Quantum Computing.

The D-Wave Advantage system found a new home at a German research institute, D-Wave said.

18 days ago - Barrons

D-Wave Quantum Is Poised to Dominate the Quantum Computing Sector. Just Ask Its CEO.

D-Wave's Alan Baratz says the company will be the first quantum pure-play to achieve profitability.

20 days ago - Barrons

Is Quantum AI The Next Big Thing? QBTS Stock Climbs Ahead Of D-Wave's Qubits 2025 Conference

D-Wave Quantum Inc. QBTS is making waves in the quantum AI space, with its stock showing bullish momentum despite recent volatility.

25 days ago - Benzinga

D-Wave Announces Qubits 2025 Quantum Computing User Conference

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...

26 days ago - Business Wire

D-Wave Launches “Quantum Realized” Brand Campaign to Illustrate Benefits of Today's Quantum 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, and the world's first commercial supplie...

4 weeks ago - Business Wire

D-Wave: I Still See An Asymmetric Risk-Reward Bet

I see strong potential in D-Wave's aggressive expansion strategy, particularly its LaunchPad program, offering 3-month free trials to new customers. I believe the Carahsoft partnership will open doors...

5 weeks ago - Seeking Alpha

D-Wave Announces Successful Completion of $150 Million At-the-Market Equity Offering

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 suppli...

5 weeks ago - Business Wire

Four Ways to Invest in Quantum Computing

Quantum computing offers mind-boggling problem-solving potential. Here are four ways to buy quantum computing stocks.

Other symbols: GOOGGOOGLIONQRGTI
5 weeks ago - Kiplinger

D-Wave Announces New Leap Quantum LaunchPad™ Program to Fast-track Deployment of Quantum Computing Applications

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 supplier of produ...

5 weeks ago - Business Wire

Quantum computing comes into focus

CNBC's Kate Rooney reports on the latest regarding quantum computing stocks.

Other symbols: IONQQUBTRGTI
6 weeks ago - CNBC Television

The More I Looked, D-Wave Quantum Struck Me As Less Of A Niche And More As A Leader

I first believed the main competitive battle in quantum computing would involve how to generate qubits (units of information); IonQ's ion-trapping method or the supercomputing approach championed by R...

6 weeks ago - Seeking Alpha

The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft's 'quantum ready' directive

Quantum computing stocks rallied Wednesday following a directive from Microsoft urging businesses to get "quantum-ready" in 2025. The news lifted shares of Rigetti Computing, D-Wave Quantum and IonQ

Other symbols: IONQMSFTQUBTRGTI
6 weeks ago - CNBC

D-Wave and Carahsoft Partner to Expand Distribution of Quantum Computing Solutions to the Public Sector

PALO ALTO, Calif. & RESTON, Va.--(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 comm...

6 weeks ago - Business Wire

There's no 'business' right now for quantum computing companies, says NYU's Aswath Damodaran

Aswath Damodaran, NYU Stern School of Business professor of finance, joins CNBC's 'Closing Bell' to discuss outlooks on quantum computing.

Other symbols: IONQQUBTRGTI
6 weeks ago - CNBC Television

Nvidia CEO Was Wrong on Quantum, Says D-Wave CEO

Quantum computing stocks took a hit after Nvidia CEO Jensen Huang said strong use cases for the technology are at least a decade away. D-Wave Quantum saw it's share price fall.

6 weeks ago - Bloomberg Technology

Short sellers cash in on quantum computing selloff

CNBC's Kate Rooney joins 'Closing Bell' to discuss the quantum computing selloff.

Other symbols: IONQQUBTRGTI
6 weeks ago - CNBC Television

D-Wave: The Only Quantum Computing Company For A Decade

D-Wave has a significant first-mover advantage with commercially useful quantum annealing technology, unlike competitors who are decades away from viable quantum gate computers. A Recent capital raise...

6 weeks ago - Seeking Alpha

Jim Cramer on the gamification of quantum computing stocks

'Mad Money' host Jim Cramer takes a closer look at the quantum computing space.

Other symbols: IONQRGTI
6 weeks ago - CNBC Television