D-Wave Quantum Inc. (QBTS)
| Market Cap | 7.70B +247.7% |
| Revenue (ttm) | 24.59M +178.5% |
| Net Income | -355.06M |
| EPS | -1.11 |
| Shares Out | 369.91M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 98,957,459 |
| Open | 18.53 |
| Previous Close | 16.97 |
| Day's Range | 17.77 - 21.04 |
| 52-Week Range | 5.97 - 46.75 |
| Beta | 1.77 |
| Analysts | Strong Buy |
| Price Target | 32.53 (+56.32%) |
| Earnings Date | May 7, 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 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 56.32% from the latest price.
News
Quantum computing stocks are back on the rise. Here's why IONQ, QBTS, RGTI, and QUBT are up
Yesterday was World Quantum Day, a day dedicated to raising awareness of the physics that powers the quantum computers of tomorrow.
D-Wave CEO Warns Nvidia: Quantum Computers Are Coming For You
Speaking to Yahoo Finance at the Semafor World Economy Summit, Baratz said: "If I was Nvidia, I'd be shaking in my boots," framing quantum as the next wave of compute power that could eventually under...
10 Stocks For World Quantum Day From Pure-Play To Blue‑Chip
World Quantum Day, celebrated every year on April 14, is a global initiative to raise awareness about quantum science and its impact on technology, industry and everyday life.
D-Wave CEO Brings Commercial Quantum Computing to the Center of Global Economic and Technology Discussions at Semafor World Economy and QED-C Quantum Summit
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...
Rigetti, IonQ, D-Wave Face A Quantum Rout, Bearish Traders Cheer
ETF traders are increasingly betting against quantum computing companies, even as Big Tech companies are investing heavily in the technology's long-term prospects. This divergence indicates that the g...
D-Wave to Premiere “Quantum Matters” Podcast
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 to Present Scientific Advancements in Annealing and Gate-Model Quantum Computing at APS Global Physics Summit
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 (QBTS) CEO on Earnings, Quantum Computing Profits & Acquisitions
Dr. Alan Baratz, CEO of D-Wave (QBTS), talks about what he calls a "great year" for the company in 2025, and the profitability path the latest earnings paves. He notes 2026 sales of D-Wave's quantum c...
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.
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...
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...
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...
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...
