D-Wave Quantum Inc. (QBTS)

NYSE: QBTS · Real-Time Price · USD
15.53
+0.72 (4.86%)
At close: Aug 22, 2025, 4:00 PM
15.59
+0.06 (0.39%)
After-hours: Aug 22, 2025, 4:12 PM EDT
4.86%
Market Cap5.31B
Revenue (ttm)22.28M
Net Income (ttm)-281.54M
Shares Out 342.02M
EPS (ttm)-1.10
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume31,039,248
Open14.69
Previous Close14.81
Day's Range14.43 - 15.62
52-Week Range0.80 - 20.56
Beta1.40
AnalystsStrong Buy
Price Target19.40 (+24.92%)
Earnings DateAug 7, 2025

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]

Sector Technology
Founded 1999
Employees 220
Stock Exchange NYSE
Ticker Symbol QBTS
Full Company Profile

Financial Performance

In 2024, D-Wave Quantum's revenue was $8.83 million, an increase of 0.79% compared to the previous year's $8.76 million. Losses were -$143.88 million, 73.9% more than in 2023.

Financial Statements

Analyst Summary

According to 10 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $19.4, which is an increase of 24.92% from the latest price.

Price Target
$19.4
(24.92% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Quantum Stock Tracker: IonQ, Rigetti, D-Wave Boosted By Rate Cut Hopes

Quantum stocks saw a much-needed boost on Friday as markets rallied following surprisingly dovish remarks from Fed Chair Jerome Powell.

Other symbols: IONQRGTI
2 hours ago - Benzinga

Quantum computing stocks: D-Wave & Rigetti Computing CEOs discuss the growth potential

Rigetti Computing (RGTI) missed on second quarter analyst estimates, reporting $1.8 million in revenue compared to the $1.87 million expected, and an adjusted loss of $0.13 per share rather than the $...

Other symbols: RGTI
6 days ago - Yahoo Finance

Ways to invest in the AI trade, D-Wave's CEO talks quantum computing

Market Catalysts anchor Julie Hyman breaks down the market moves of the day for August 13, 2025. BlackRock US Head of Equity ETFs Jay Jacobs weighs in on ways to play the AI trade.

9 days ago - Yahoo Finance

D-Wave Quantum CEO Alan Baratz goes one-on-one with Jim Cramer

D-Wave Quantum CEO Alan Baratz joins 'Mad Money' host Jim Cramer to talk quarterly results, the quantum computing space, its path to profitability and more.

9 days ago - CNBC Television

D-Wave Announces First-Ever Qubits Japan 2025 Quantum Computing User Conference

PALO ALTO, Calif. & TOKYO--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software and services, today announced that it is hosti...

9 days ago - Business Wire

Quantum Stock Tracker: D-Wave, IonQ Q2 Earnings Roll In

Quantum stocks grabbed the attention of investors and analysts last week as second-quarter earnings reports came in.

Other symbols: IONQ
11 days ago - Benzinga

D-Wave Quantum's Cash Hoard Fuels Aggressive Expansion

D-Wave Quantum Inc. QBTS shares are trading lower on Friday.

14 days ago - Benzinga

D-Wave Q2: Quantum = Logic Defied

D-Wave Quantum Inc.'s stock has soared over 2,000% in a year, but its financials remain weak. Despite impressive Q2 gross margins and revenue growth, heavy losses and ongoing dilution make the current...

14 days ago - Seeking Alpha

D-Wave Quantum Inc. (QBTS) Q2 2025 Earnings Call Transcript

D-Wave Quantum Inc. (NYSE:QBTS) Q2 2025 Earnings Call August 7, 2025 8:00 AM ET Company Participants Alan E. Baratz - President, CEO & Director John M.

15 days ago - Seeking Alpha

D-Wave earnings miss creates buying opportunity in QBTS shares

D-Wave Quantum Inc (NYSE: QBTS) opened in the red this morning, even after reporting better-than-expected revenue for its second financial quarter. The quantum technology company also recorded a sharp...

15 days ago - Invezz

D-Wave Reports Second Quarter 2025 Results

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in commercial quantum computing systems, software, and services, today announced financial re...

15 days ago - Business Wire

D-Wave Quantum: Buy QBTS Stock Ahead of Its Upcoming Earnings?

D-Wave Quantum (NYSE:QBTS) is scheduled to report its latest earnings on Thursday, August 7, 2025. Historically, the stock has reacted positively to its earnings reports, with a one-day price increase...

16 days ago - Forbes

Stock Picks From Seeking Alpha's July 2025 New Analysts

In July, Seeking Alpha welcomed 44 new analysts. This article introduces them and showcases some of their top picks. Analysts provided ratings from Strong Sell to Strong Buy, with detailed justificati...

16 days ago - Seeking Alpha

D-Wave Gains Another Bull. Why This Analyst Sees ‘Longer-Term Potential' in Quantum.

In a note Monday, Stifel analyst Ruben Roy initiated coverage on D-Wave with a Buy rating and $26 target price.

17 days ago - Barrons

D-Wave Introduces New Developer Tools to Advance Quantum AI Exploration and Innovation

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced today that it has released a collection of off...

18 days ago - Business Wire

Li Auto ($LI) | D-Wave Quantum ($QBTS) | Ameresco ($AMRC) | Clean Energy Fuels ($CLNE)

Welcome to the Green Stock News brief for Wednesday July 30th. Here are today's top headlines: Li Auto (NASDAQ: LI) has officially launched the Li i8, a six-seat battery electric SUV that blends off-r...

Other symbols: AMRCCLNELI
23 days ago - Green Stock News

D-Wave Quantum Announces Strategic Development Initiative for Advanced Cryogenic Packaging

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced a new strategic development initiative f...

23 days ago - Business Wire

Quantum Stock Tracker: D-Wave Rated A 'Buy', Rigetti Sets Q2 Earnings Date

Quantum stocks saw bullish analyst coverage this week and announced dates for second-quarter earnings releases.

Other symbols: RGTI
4 weeks ago - Benzinga

SuperQ Quantum Announces Initial Revenue from D-Wave Collaboration on Quantum-Powered Robotic Motion Planning at Scale

Calgary, Alberta, July 24, 2025 – TheNewswire – SuperQ Quantum Computing Inc. (“SuperQ Quantum”, “SuperQ”, or the “Company”) (CSE: QBTQ; Frankfurt: 25X; OTC: ATMGD) a global leader in quantum and supe...

4 weeks ago - TheNewswire

D-Wave Quantum to Report Second Quarter Fiscal Year 2025 Financial Results on August 7, 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 weeks ago - Business Wire

Kohl's Looks Like a Meme Stock Now. Rivian, Birkenstock, and Others That Could Follow.

The retailer's stock could be experiencing a short squeeze.

Other symbols: BIRKKSSRIVNMRNA
4 weeks ago - Barrons

Final Trade: PAAS, QBTS, UBER, RIO

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: UBERPAASRIO
4 weeks ago - CNBC Television

Is D-Wave stock the best way to play quantum computing

Quantum technology stocks, including D-Wave Quantum Inc (NYSE: QBTS), are in focus today after a Bank of America senior expert said “quantum computing is the most radical technology we have ever seen.

4 weeks ago - Invezz

D-Wave Stock Sets Intraday High After Quantum Computing Gets Fresh Vote of Confidence

A survey of business leaders serves as a reminder of quantum computing's growing influence worldwide.

4 weeks ago - Barrons

New Study: More Than One-Quarter of Surveyed Business Leaders Expect Quantum Optimization to Deliver $5M or Higher ROI Within First Year of Adoption

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...

4 weeks ago - Business Wire