D-Wave Quantum Inc. (QBTS)
| Market Cap | 7.44B +69.2% |
| Revenue (ttm) | 12.44M -41.8% |
| Net Income | -368.00M |
| EPS | -1.08 |
| Shares Out | 370.45M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,518,237 |
| Open | 21.48 |
| Previous Close | 21.16 |
| Day's Range | 19.95 - 21.64 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 2.10 |
| Analysts | Strong Buy |
| Price Target | 37.39 (+86.11%) |
| Earnings Date | Aug 6, 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 14 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $37.39, which is an increase of 86.11% from the latest price.
News
D-Wave (QBTS) Named a Quantum Computing Leader as Analysts See 90% Upside
D-Wave Quantum Inc. ($QBTS), a quantum computing company offering annealing and gate-model systems, was named one of only two Leaders in IDC’s 2026 assessment of the worldwide quantum computing market...
Why Quantum Computing Stocks Are Rising Despite Today’s Tech Weakness
Shares of quantum computing firms IonQ ($IONQ), Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), and Xanadu ($XNDU) are trading higher in pre-market despite weakness across the broader technology se...
D-Wave Is One of Only Two Companies Named to the Leaders Category in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...
IonQ vs. D-Wave (QBTS) vs. Quantum Computing (QUBT): Which Quantum Stock Is the Best Buy for 2H 2026?
The second half of 2026 could be a busy period for quantum computing stocks. Investor events, new commercial deals, and product launches are expected to keep the sector in focus.
QBTS Stock Gets a Quantum Boost as D-Wave Wins NSF Grant
D-Wave Quantum Inc. ($QBTS), a quantum computing company that provides both annealing and gate-model systems, has been selected to receive a $1.57 million grant from the U.S. National Science Foundati...
D-Wave Quantum Is Winning Over Washington, and Investors Should Take Notice
D-Wave is selected to receive $1.6 million from the National Science Foundation. It's the company's latest federal funding injection.
D-Wave Quantum to receive $1.5M grant through NSF project
D-Wave Quantum (QBTS) announced it has been selected to receive a $1,566,250 grant from the U.S. National Science Foundation, NSF, through the agency’s National Quantum Virtual Laboratory, NQVL, progr...
D-Wave to Receive $1.5 Million Grant Through NSF Project to Strengthen U.S. Quantum Computing Leadership
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...
Trump Seeks to Boost Quantum Computing With New Executive Orders
The orders aim to speed the development of the advanced computers and mitigate the security threats they pose.
D-Wave Announces World's First Gate-Model Quantum Computing Simulator for Error-Aware Programming
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...
D-Wave Quantum (QBTS) Price Forecast: Bullish Retest Strengthens Setup
QBTS holds its bullish breakout structure after a successful retest of key support, with volume strength and reclaimed moving averages signaling continuation potential higher.
D-Wave Leads Quantum Computing Stocks Higher as These Experts See More Gains Ahead
An upbeat outlook on a quantum-computing stock lifted the sector Monday.
D-Wave Quantum Transcript: AGM 2026
The meeting covered director elections, executive compensation, and auditor ratification, with all proposals approved by majority vote. No shareholder questions were raised, and final results will be filed with the SEC.
D-Wave Certified as a Great Place To Work® Company
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
D-Wave Quantum Transcript: Investor Day 2026
Corrected summary: The event outlined a dual-platform strategy for the quantum computing market with annealing and gate-model systems. Commercial traction is growing, with Fortune 100 deployments and notable performance gains. The company projects balanced revenue, strong margins, and is supported by patents and U.S. government funding.
D-Wave Quantum Slides: FY 2026
D-Wave Quantum has posted slides in relation to its FY 2026 quarterly earnings report, which was published on June 1, 2026.
D-Wave Quantum Releases Gate-Model Roadmap. What That Means and Why It Matters.
D-Wave Quantum has cornered the market for annealing quantum systems but the company is looking to move beyond its current niche.
D-Wave Charts a New Course to Fault-Tolerant Quantum Computing with Gate-Model Roadmap
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...
D-Wave's Quantum Supremacy Result Stands
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, sof...
D-Wave Awarded Year 2 Microelectronics Commons Project Funding to Advance Superconducting Quantum Innovation
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today ann...
Quantum Computing Is Getting a $2 Billion Boost. Banks See a Growing Cyber Threat.
As enthusiasm abounds for quantum computing, Moody's cautions that the rise of ultra-powerful systems could upend the financial sector.
D-Wave CEO: U.S. investment accelerates our ability to scale quantum innovation
CNBC's Kelly Evans talks with D-Wave Quantum CEO Alan Baratz about the expected $100 million U.S. investment in the company to advance quantum computing and more.
The Trump Administration Plans to Take Stakes in These Quantum Computing Firms. Their Stocks Are Soaring.
The federal government is moving to expand its investment portfolio with stakes in a number of quantum computing firms, sending their shares higher Thursday.