D-Wave Quantum Inc. (QBTS)
Market Cap | 11.09B |
Revenue (ttm) | 22.28M |
Net Income (ttm) | -281.54M |
Shares Out | 342.02M |
EPS (ttm) | -1.10 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 62,814,033 |
Open | 32.60 |
Previous Close | 27.29 |
Day's Range | 31.05 - 33.43 |
52-Week Range | 0.98 - 46.75 |
Beta | 1.48 |
Analysts | Strong Buy |
Price Target | 20.50 (-36.79%) |
Earnings Date | Nov 6, 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]
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 StatementsAnalyst Summary
According to 10 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $20.5, which is a decrease of -36.79% from the latest price.
News

Shares Of Quantum Computing Firms Surge After Reports Trump Administration Could Take A Stake
The companies are reportedly vying for federal funding awards intended for “promising technology companies.” According to the Journal, the companies that agree to the deal could receive funding awards...
Trump admin. in talks to take equity stakes in quantum computing companies in exchange for fund: WSJ
CNBC's Andrew Ross Sorkin reports on the latest news.

Wall Street Breakfast Podcast: Quantum Names Pop
Quantum computing stocks like IonQ (IONQ), Rigetti (RGTI), and D-Wave (QBTS) surge on reports of potential Trump administration equity stakes. The Trump administration's intervention signals a strateg...

D-Wave Quantum to Report Third Quarter Fiscal Year 2025 Financial Results on November 6, 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...

D-Wave Quantum, Rigetti, IonQ Stocks Surge. They Could Get Government Backing: Report.
IonQ, Rigetti Computing and D-Wave Quantum are all in talks about granting shares to the Commerce Department, according to The Wall Street Journal.

Trump administration in talks to take stakes in quantum-computing firms, WSJ reports
U.S. President Donald Trump's administration is in talks with several quantum-computing companies to take equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday, ...

Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms
The discussions signal Washington's wider involvement is critical parts of the economy.

Why D-Wave stock is emerging as billionaires' favourite quantum computing name
D-Wave Quantum Inc (NYSE: QBTS) opened in the red this morning, but the pullback may be an opportunity to load up on the quantum computing name that's emerging as a billionaires' favourite. In Q2, bil...

D-Wave Hosts Series of Seminars to Expand Quantum Computing Education in Italy
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 supplie...

These 11 Stocks Are Probably in a Bubble. It's Time to Get Out.
The stocks are all tied to Wall Street's hopes for AI and quantum computing. Examples are D-Wave Quantum and NuScale Power.

D-Wave Announces Redemption of Public Warrants
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 supplie...

Quantum Stock Tracker: Early Rally Fades, Rigetti And D-Wave Still Up On The Week
Quantum stocks pulled back on Thursday and Friday after a strong rally earlier in the week. Here's a look at what drove the early rally and the pull-back that followed.

Quantum computing stocks are sinking today: What's happening with Rigetti, D-Wave, QUBT, and IonQ?
The fortunes of major quantum computing firms turned negative this week as share prices sank—in some cases by double digits.
D-Wave Makes European Push
D-Wave has announced an agreement with Swiss Quantum Technology to deploy its most advanced quantum processor to date, the Advantage2. D-Wave CEO Alan Baratz discusses the company's expansion in Europ...

D-Wave stock rises again after it strikes a deal to bring its Advantage2 quantum computer to Italy
U.S. quantum computing firm D-Wave Quantum has struck a deal with a company called Swiss Quantum Technology (SQT) to bring D-Wave's Advantage2 quantum computer to Europe.

Swiss Quantum Technology SA Signs €10M Agreement to Deploy D-Wave Advantage2 Annealing Quantum Computer
PALO ALTO, Calif. & COMO, Italy--(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...

Quantum Stock Rally Leaves Shkreli's Short 'Pretty F***n' Far From Okay'
Martin Shkreli, known for his outspoken views in finance, has been shorting quantum computing stocks IonQ, Inc. (NYSE:IONQ), D-Wave Quantum, Inc. (NYSE:QBTS), Rigetti Computing, Inc. (NASDAQ:RGTI), an...

D-Wave Named Winner in Fast Company's 2025 Next Big Things in Tech Awards
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 supplie...

Quantum computing stocks soared again yesterday. The reason why may surprise even their biggest boosters
Shares in America's “Quantum Four” quantum computing companies surged again yesterday. D-Wave, IonQ, Quantum Computing, and Rigetti all saw their stock prices jump by double-digit percentages.

The Birth of the World's Most Powerful Quantum Hub
PALO ALTO, Calif. & COMO, Italy--(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...
Worden: "Love" PLTR & QBTS, Labor Bigger Risk to Markets Than Tariffs
Jim Worden remains bullish on market momentum. He says technicals for most stocks show an uptrend, though he warns investors to brace for more "break" days for markets to breathe.

Quantum stocks surge after JPMorgan investing push into strategic tech
Quantum stocks, including Rigetti Computing and IONQ, surge on Monday. The quantum rally continued after JPMorgan announced it would invest $10 billion in 27 specific industries, including quantum com...

Rigetti, D-Wave, IonQ Could Get JPMorgan's Support—Quantum Stocks Take Off
Quantum computing stocks rallied on Monday as broader markets breathed a sigh of relief after President Trump appeared to cool trade tensions with China.

Defiance Launches QBTZ: The First 2X Short ETF for D-Wave Quantum Inc
MIAMI, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to announce the launch of the Defiance Daily Target 2X Short QBTS ETF (Ticker: QBTZ) , further expanding its innovative lineup of singl...

D-Wave and the University of Southern California Bring Quantum Computing to LA Tech Week
PALO ALTO, Calif. & MARINA DEL REY, 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...