D-Wave Quantum Inc. (QBTS.WS)

NYSE: QBTS.WS · Real-Time Price · USD · Warrants
3.180
+0.480 (17.78%)
Apr 23, 2025, 4:00 PM EDT - Market closed
17.78%
Market Cap 2.08B
Revenue (ttm) 8.83M
Net Income (ttm) -143.88M
Shares Out 291.35M
EPS (ttm) -0.75
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 164,772
Open 2.950
Previous Close 2.700
Day's Range 2.950 - 3.360
52-Week Range 0.050 - 6.000
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Mar 28, 2025

About QBTS.WS

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 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 offers D-Wave Launch, a phased approach to identify and build in-production quantum hybrid appli... [Read more]

Founded 1999
Employees 220
Stock Exchange NYSE
Ticker Symbol QBTS.WS
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.

News

D-Wave and Davidson Technologies Near Installation Completion of Alabama's First On-Site Annealing Quantum Computer

PALO ALTO, Calif. & HUNTSVILLE, Ala.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, and Davidson Technologies, Inc. (“Dav...

16 hours ago - Business Wire

Japan Tobacco and D-Wave Announce Quantum Proof-of-Concept Outperforms Classical Results for LLM Training in Drug Discovery

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 pharmaceutical division of Japa...

23 days ago - Business Wire

In Production: Ford Otosan Deploys Vehicle Manufacturing Application Built with D-Wave Technology

PALO ALTO, Calif. & GÖLCÜK, Turkey--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services, and Ford Otosan, a joi...

23 days ago - Business Wire

D-Wave Highlights Quantum Optimization Customer Growth and Introduces Expanded Offering to Accelerate Adoption and Deployment

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, today announced several initiatives des...

23 days ago - Business Wire

Quantum Computing D-Wave News - FAANG Data Science 2025 Interview Prep Course Questions MCQ Answers And Mock Interviews Updated

Santa Clara, March 28, 2025 (GLOBE NEWSWIRE) -- Santa Clara, California - As quantum computing reaches new milestones with D-Wave's recent claim of "quantum supremacy" in magnetic materials simulation...

26 days ago - GlobeNewsWire

D-Wave Quantum: Potential Applications In Crypto Mining; Initiating With 'Buy'

I am initiating a 'Buy' rating on D-Wave Quantum with a fair value of $11 per share due to its superior technology and potential in crypto mining. D-Wave's quantum computing technology could significa...

4 weeks ago - Seeking Alpha

D-Wave: Too Complex, Too Uncertain, Just Avoid

D-Wave Quantum's recent breakthrough in annealing quantum computing led to a 27% stock price jump, but I recommend selling due to high risks and uncertain profitability. The company's valuation is ext...

4 weeks ago - Seeking Alpha

Why startups and tech giants are racing to build a practical quantum computer

Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.

Other symbols: IONQQUBTRGTI
4 weeks ago - CNBC

Quantum computing stocks: D-Wave, Rigetti, IONQ, QUBT are falling. Blame Nvidia (again)

Quantum computing stocks got pummeled yesterday, with the four most prominent public quantum computing companies—IonQ, Rigetti Computing, Quantum Computing Inc., and D-Wave Quantum Inc.—falling anywhe...

Other symbols: IONQNVDAQUBTRGTI
4 weeks ago - Fast Company

Nvidia's Quantum Computing Event Was a Dud. Why D-Wave Stock and Others Are Falling.

The AI chip maker's Quantum Day was lacking in major announcements and the high-flying–but highly volatile–stocks tumbled.

Other symbols: NVDAQUBT
4 weeks ago - Barrons

Our Quantum Is Already Useful, Says D-Wave CEO

Alan Baratz, D-Wave CEO, says his company is already delivering products for customers. He outlined how D-Wave's quantum technology can help reduce blockchain energy costs.

4 weeks ago - Bloomberg Technology

Quantum stocks see strong volatility after outsized gains

CNBC's Kristina Partsinevelos reports on the quantum trade.

Other symbols: IONQQUBTRGTI
4 weeks ago - CNBC Television

D-Wave Introduces Quantum Blockchain Architecture, Featuring Enhanced Security and Efficiency over Classical Computing

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, today announced that it has published a...

4 weeks ago - Business Wire

D-Wave Quantum: Wait For The Bubble To Burst First

D-Wave Quantum Inc. has demonstrated remarkable technological breakthroughs, but has the FOMO taken a bit way too far? Despite a record $18.3M in Q4 bookings, D-Wave's projected revenue of $34.4M by F...

5 weeks ago - Seeking Alpha

D-Wave: Returns Could Be Quantum At This Valuation

Despite D-Wave Quantum Inc.'s strong bookings growth and improving margins, its 220 P/S ratio and reliance on aggressive growth assumptions make the stock overextended, warranting a Hold until a price...

5 weeks ago - Seeking Alpha

D-Wave Quantum Stock Tumbles, Giving Back Monday Gains

Shares of D-Wave Quantum (QBTS) sank Tuesday morning, giving back the stock's Monday gains and halting a rally that started when the company said it had made a breakthrough last week.

5 weeks ago - Investopedia

Quantum computing, AI stocks rise as Nvidia kicks off annual conference

Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its an...

5 weeks ago - Reuters

D-Wave Quantum: It's A Growth Company, With A Long Way To Go

D-Wave Quantum's Q4 2024 results showed strong bookings growth and improved balance sheet, eliminating debt and increasing cash to $300M. Despite positive developments, D-Wave's revenue growth still l...

5 weeks ago - Seeking Alpha

Quantum computing company shares jump after D-Wave's upbeat forecast

Shares of some quantum computing companies rallied on Thursday, adding to gains from the previous session and bucking the broader market's trend after D-Wave Quantum forecast stronger-than-expected qu...

Other symbols: QUBT
5 weeks ago - Reuters

Tariff threats weigh on stocks, D-Wave CEO talks earnings

On the latest Morning Brief, anchors Madison Mills and Brad Smith talk to strategists and economists about what President Trump's latest tariff threats mean for stocks and the US economy. They also sp...

5 weeks ago - Yahoo Finance

D-Wave Quantum (QBTS) Q4 2024 Earnings Call Transcript

D-Wave Quantum Inc. (NYSE:QBTS) Q4 2024 Earnings Conference Call March 13, 2025 8:00 AM ET Company Participants Alan Baratz - Chief Executive Officer John Markovich - Chief Financial Officer Kevin Hu...

5 weeks ago - Seeking Alpha

D-Wave Posts Wider-Than-Expected Loss. Why the Stock Is Rising After Earnings.

D-Wave Quantum reports better-than-expected revenue and continues to gain customers.

5 weeks ago - Barrons

D-Wave Reports Fourth Quarter and Year-End 2024 Results

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, today announced financial results for i...

5 weeks ago - Business Wire

Quantum stocks rebound from dip after new 'supremacy' announcement

D-Wave on Wednesday announced it had achieved quantum supremacy with its annealing chip. Quantum stocks spiked after the news, which suggests quantum machines can outperform classical tech.

6 weeks ago - Business Insider

SkyWater's Commercially Fabricated Qubits Power D-Wave's Landmark Achievement in Quantum Supremacy

BLOOMINGTON, Minn. & PALO ALTO, Calif.--(BUSINESS WIRE)--SkyWater Technology, Inc. (NASDAQ: SKYT, or “SkyWater”), a U.S.-based Trusted technology realization partner, and D-Wave Quantum, Inc. (NYSE: Q...

Other symbols: SKYT
6 weeks ago - Business Wire