D-Wave Quantum Inc. (QBTS)
| Market Cap | 1.63B |
| 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 | 44,119,117 |
| Open | 5.67 |
| Previous Close | 5.52 |
| Day's Range | 5.54 - 6.04 |
| 52-Week Range | 0.75 - 11.41 |
| Beta | 1.15 |
| Analysts | Strong Buy |
| Price Target | 6.38 (+14.1%) |
| Earnings Date | Mar 27, 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]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price forecast is $6.38, which is an increase of 14.10% from the latest price.
News
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...
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...
Four Ways to Invest in Quantum Computing
Quantum computing offers mind-boggling problem-solving potential. Here are four ways to buy quantum computing stocks.
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...
Quantum computing comes into focus
CNBC's Kate Rooney reports on the latest regarding quantum computing stocks.
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...
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
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...
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.
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.
Short sellers cash in on quantum computing selloff
CNBC's Kate Rooney joins 'Closing Bell' to discuss the quantum computing selloff.
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...
Jim Cramer on the gamification of quantum computing stocks
'Mad Money' host Jim Cramer takes a closer look at the quantum computing space.
Quantum computing stocks sell-off accelerates as Zuckerberg becomes latest tech CEO to temper sector enthusiasm
Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that uses for computers with these capabilities remain years away. The comments reinforce recent commentary ...
Quantum Computing's Future: Zuckerberg Joins Nvidia Doubts, D-Wave CEO Pushes Back
Quantum stocks tumble as Nvidia's cautious timeline and Zuckerberg's doubts spark sell-offs, while D-Wave CEO argues quantum tech is delivering value today.
D-Wave and Quantum-Computing Stocks Slide. Meta's Zuckerberg Sees the Technology ‘Quite a Ways Off.
The Meta Platforms CEO says quantum computing is ‘quite a ways off' from being a ‘practical paradigm.'
D-Wave is not happy about the Nvidia CEO's thoughts on quantum computing: ‘It's an egregious error'
Nvidia CEO Jensen Huang may have thrown cold water on the quantum computing sector this week, causing shares of companies in the space to crater on Wednesday. However, one industry leader is firing ba...
D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Announces Fiscal Year 2024 Bookings Will Exceed $23 Million, Up Approximately 120% Over Fiscal Year 2023.
Quantum Computing Stocks Are Having a Rough Week. Investors Should Look to the Future.
Earlier this week, Nvidia's CEO said “very useful quantum computers” were decades away.
D-Wave Quantum CEO Dr. Alan Baratz Addresses NVIDIA CEO Jensen Huang's Quantum Comments on CNBC's “The Exchange”
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...
Quantum computing stocks are having a rough start to 2025: IonQ, D-Wave, Rigetti tank after Nvidia CEO predicts 20-year horizon
We've been told that the future is now, but it seems it's not quite here yet—at least not for quantum computing.
Nvidia's Jensen Huang is 'dead wrong' about quantum computers, D-Wave CEO says
Shares of D-Wave Quantum and its peers plunged on Wednesday after Nvidia CEO Jensen Huang suggested that quantum computers are decades away. D-Wave CEO Alan Baratz told CNBC that Huang is "dead wrong"...
Quantum Computing Stocks Sink as Nvidia CEO Says Tech Is 15 to 30 Years Away
Several stocks across the quantum computing industry, including Rigetti Computing (RGTI), D-Wave Quantum (QBTS), IonQ (IONQ), and Quantum Computing (QUBT), fell sharply Wednesday following comments fr...
D-Wave CEO responds to Jensen Huang's quantum comments
D-Wave Quantum CEO joins 'The Exchange' to respond to Nvidia CEO Jensen Huang's remarks on quantum computers and more.
RGTI, IONQ, QBTS plunge on Nvidia CEO Huang's comments: should you buy the dip?
Quantum computing stocks like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing were each down by more than a whopping 40% after Nvidia chief Jensen Huang's comments that he did not expec...