D-Wave Quantum Inc. (QBTS)
| Market Cap | 5.43B -53.7% |
| 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 | 10,685,431 |
| Open | 14.84 |
| Previous Close | 14.60 |
| Day's Range | 14.31 - 14.86 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 2.17 |
| Analysts | Strong Buy |
| Price Target | 34.65 (+137.82%) |
| Est. Earnings | 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 $34.65, which is an increase of 137.82% from the latest price.
News
Why Did Quantum Computing Stocks IONQ, QBTS, RGTI and QUBT Plunge Wednesday?
Quantum computing stocks fell sharply on Wednesday, as surging U.S. Treasury yields pressured speculative technology shares. IonQ Inc. ($IONQ) dropped 4.50%, D-Wave Quantum Inc. ($QBTS) lost 3.61%, Ri...
Quantum Computing News: D-Wave (QBTS) Targets Supply Chain Optimization, Quantinuum (QNT) Expands in Australia
Welcome to Monday’s quantum computing news recap. This edition looks at five developments across the sector, with planqc advancing its European quantum hardware push, Quantinuum ($QNT) expanding acces...
D-Wave (QBTS) Targets Supply Chain Optimization with Quantum Computing
D-Wave Quantum Inc. ($QBTS) is teaming up with the University of Arkansas’ Supply Chain Management Research Center to study how quantum computing could help solve complex supply chain problems, includ...
D-Wave partners with University of Arkansas for Quantum supply chain initiative
D-Wave Quantum (QBTS) and the Supply Chain Management Research Center in the Sam Walton College of Business at the University of Arkansas announced a collaboration to explore quantum computing’s impac...
D-Wave Partners with University of Arkansas to Establish Quantum Supply Chain Initiative at the Sam M. Walton College of Business
PALO ALTO, Calif. & FAYETTEVILLE, Ark.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave”), the only dual-platform quantum computing company providing annealing and gate-model systems, sof...
QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law
LOS ANGELES--(BUSINESS WIRE)---- $QBTS--QBTS Investors Have Opportunity to Join D-Wave Quantum Inc. Fraud Investigation with SBS Law.
Why Did IONQ Stock Fall Just 0.5% While Other Quantum Stocks Sank?
Quantum computing stocks fell on Friday, October 2, but the selling was far from even. D-Wave Quantum Inc. ($QBTS) dropped 4.77%, while IonQ, Inc. ($IONQ) lost just 0.50%, suggesting investors…
2 Quantum Computing Stocks With Over 100% Upside Potential in 2027, According to Analysts
Quantum computing stocks could have significant room to run in 2027, according to Wall Street analysts. Based on TipRanks data, Quantinuum ($QNT) and D-Wave Quantum ($QBTS) both have Strong Buy…
D-Wave (QBTS) Launches Gate-Model Quantum Simulator as Hardware Roadmap Advances
D-Wave Quantum Inc. ($QBTS) launched a beta program for its gate-model quantum computing simulator, giving select customers early access as the company moves toward future gate-model systems. The quan...
D-Wave Quantum launches gate-model simulator beta program
D-Wave Quantum (QBTS) launched its gate-model quantum computing simulator beta program, marking an important milestone in D-Wave’s gate-model development roadmap. The beta program offers select custom...
D-Wave Launches Gate-Model Simulator Beta Program, Advancing Error-Aware Programming Capabilities
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...
Quantum Computing News: QBTS Adds Tech Veteran as NSF Commits $290M
Welcome to Tuesday’s quantum computing news recap. This edition looks at five developments across the sector, with D-Wave Quantum Inc. ($QBTS), Oxford Quantum Circuits, and Bifrost Electronics making ...
Why Quantum Stocks QBTS, IONQ, RGTI and Others Fell as Yields Surged
Quantum computing stocks fell broadly on Monday, September 28, as a sharp rise in Treasury yields triggered selling across high-growth technology shares. D-Wave Quantum Inc. ($QBTS), Rigetti Computing...
What’s Driving IONQ, QBTS, and RGTI Stocks Lower in Premarket Today?
Shares of quantum-computing companies IonQ ($IONQ), D-Wave Quantum ($QBTS), and Rigetti Computing ($RGTI) are trading lower in premarket Friday. The pullback follows a strong rebound in quantum stocks...
D-Wave Quantum and CGI Partner to Bring Advantage2 to Enterprise Clients
CGI Inc. ($GIB) and D-Wave Quantum Inc. ($QBTS) formed a strategic partnership to help companies test and deploy quantum computing applications in logistics, transportation, retail, and other enterpri...
Here's why quantum computing stocks IonQ, RGTI, QBTS, INFQ are rising
Top quantum computing stocks like IonQ, Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) are rising today after IonQ made a breakthrough this week. IonQ stock is up more than 10% in the pre-market...
CGI and D-Wave Quantum partner to advance enterprise quantum adoption
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Collaboration combines CGI's industry expertise and D-Wave's quantum technology to help clients address complex optimization challenges and...
Quantum stocks are getting hot again after a brutal summer. Can the rally last?
This week's Quantum World Congress could trigger a ‘sentiment reversal' for quantum stocks after a rough summer, an analyst said.
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 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 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...
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...
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.