D-Wave Quantum Inc. (QBTS)
| Market Cap | 6.95B +347.5% |
| Revenue (ttm) | 24.59M +178.5% |
| Net Income | -355.06M |
| EPS | -1.11 |
| Shares Out | 369.83M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 27,468,686 |
| Open | 19.42 |
| Previous Close | 20.14 |
| Day's Range | 17.65 - 19.50 |
| 52-Week Range | 4.45 - 46.75 |
| Beta | 1.57 |
| Analysts | Strong Buy |
| Price Target | 32.53 (+73.22%) |
| Earnings Date | Feb 26, 2026 |
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 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 15 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $32.53, which is an increase of 73.22% from the latest price.
News
D-Wave Quantum Stock Is Sliding Friday: What's Driving The Action?
D-Wave Quantum Inc (NYSE: QBTS) shares are trading lower Friday morning as Wall Street recalibrated expectations following the company's latest earnings report. Here's what investors need to know.
D-Wave Quantum Inc. (QBTS) Q4 2025 Earnings Call Transcript
D-Wave Quantum Inc. (QBTS) Q4 2025 Earnings Call Transcript
Quantum computing stocks soar: IonQ, D-Wave, Rigetti, and QUBT are rising today. But why—and will it last?
The stock prices of the so-called Quantum Four are back on the rise today, after already accruing significant gains yesterday as well.
D-Wave Quantum Stock Rises on Earnings. A Revenue Miss Doesn't Seem to Matter.
D-Wave Quantum trims back its losses in its latest quarter and points to strength in customer orders.
D-Wave Reports Fourth Quarter and Year-End 2025 Results
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...
Quantum Stock Crunch: Repricing Or Red Flag?
Quantum computing stocks have plunged far more than the broader tech rotation as investors reassess stretched valuations and the viability of early-stage, pre-profit business models. The four most wid...
D-Wave Joins Southeastern Quantum Collaborative as Inaugural Member
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...
Undercovered Stocks: D-Wave Quantum, JPMorgan, Aris Mining And More
The Undercovered Dozen series spotlights 12 less-covered stocks highlighted in recent Seeking Alpha articles. This week's edition covers articles published between Feb. 6 and Feb. 12, offering fresh i...
D-Wave Quantum to Report Fourth Quarter and Year-End Fiscal Year 2025 Financial Results on February 26, 2026
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), the only dual-platform quantum computing company, providing both annealing and gate-model systems, software, and servic...
D-Wave: The First Quantum Company To Go Post-NISQ
D-Wave has transitioned from proof-of-concept to large-scale commercial quantum deals, securing major contracts and accelerating revenue growth. QBTS's acquisition of Quantum Circuits, Inc. positions ...
The Big 3: MU, NVDA, QBTS
The "Fibonacci Princess" returns to the Big 3. Tammy Marshall with @ElliottWaveTrader highlights tech options trades she likes in Micron (MU), Nvidia (NVDA), and D-Wave Quantum (QBTS).
D-Wave Quantum CEO on Latest Growth & Adoption Trends
Dr. Alan Baratz, CEO of D-Wave Quantum (QBTS), joins Opening Bell with a slew of updates on the company's growth picture. He shares details of new deals, including a 2-year $10M agreement with a Fortu...
SuperQ Quantum Engages with Industry Leaders on Hybrid Computing and Post-Quantum Cybersecurity at Qubits 2026; Announces Warrant Extension
Calgary, Alberta--(Newsfile Corp. - January 29, 2026) - SuperQ Quantum Computing Inc. (CSE: QBTQ) (OTCQB: QBTQF) (FSE: 25X) ("SuperQ Quantum", "SuperQ", or the "Company") is pleased to announce that B...
CP Group Secures Global Headquarters Relocation of Quantum Computing Pioneer D-Wave to Its Boca Raton Innovation Campus (BRiC)
BOCA RATON, Fla.--(BUSINESS WIRE)--CP Group, an owner-operator of office properties across the Sunbelt, along with DRA Advisors, today announced it has signed a landmark lease agreement with D-Wave Qu...
D-Wave Stock Gains After $30 Million in Deals and HQ Move to Florida
D-Wave Quantum lands a system sale and its “first large enterprise deal,” a sign that commercialization is inching forward in the quantum sector.
D-Wave Announces $10 Million, Two-Year Enterprise QCaaS Agreement with Fortune 100 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 annealing and gate-model systems, software...
Florida Atlantic University Signs $20M Agreement to Purchase Advantage2 Quantum Computer from D-Wave
PALO ALTO, Calif. & BOCA RATON, Fla.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing annealing and gate-mode...
D-Wave Selects Boca Raton for New Corporate Headquarters and U.S. R&D Facility
PALO ALTO, Calif. & BOCA RATON, Fla.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing annealing and gate-mode...
D-Wave Announces Advancements in Annealing and Gate-Model Quantum Computing Technologies, Furthering Company's Unique Dual-Platform Approach
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing annealing and gate-model systems, software...
Anduril, Davidson and D-Wave Collaborate to Develop Quantum Applications for US Air and Missile Defense
PALO ALTO, Calif. & HUNTSVILLE, Ala. & COSTA MESA, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing an...
How Low Can QBTS Stock Go?
D-Wave Quantum stock (NYSE: QBTS) declined by 6.2% yesterday, January 20, as part of a wider market downturn caused by rising geopolitical tensions associated with the U.S. efforts to purchase Greenla...
D-Wave Completes Acquisition of Quantum Circuits Inc., Creating World's Leading Quantum Computing Company
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...
Microsoft, Nebius, IREN And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week
Retail investors talked up five hot stocks this week (Jan. 12 to Jan. 16) on X and Reddit's r/WallStreetBets, driven by retail hype, AI buzz, and corporate news flow.
Rigetti and Quantum Computing Stocks Are a Buy, Says Analyst. Look Past the Criticism of Both.
Rosenblatt Securities initiates coverage on shares of both quantum companies at Buy.