D-Wave Quantum Inc. (QBTS)
| Market Cap | 6.17B -32.6% |
| Revenue (ttm) | 12.43M -44.2% |
| Net Income | -248.70M |
| EPS | -0.69 |
| Shares Out | 372.44M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,647,409 |
| Open | 16.43 |
| Previous Close | 16.43 |
| Day's Range | 16.39 - 17.20 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 2.14 |
| Analysts | Strong Buy |
| Price Target | 34.65 (+109.11%) |
| Est. Earnings | Nov 5, 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 17 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $34.65, which is an increase of 109.11% from the latest price.
News
Quantum Computing News: QBTS Adds Tech Veteran as NSF Commits $290M
Welcome to Tuesday’s quantum computing news recap. This edition looks at five developments across the sector, with D-Wave Quantum Inc. ($QBTS), Oxford Quantum Circuits, and Bifrost Electronics making ...
Why Quantum Stocks QBTS, IONQ, RGTI and Others Fell as Yields Surged
Quantum computing stocks fell broadly on Monday, September 28, as a sharp rise in Treasury yields triggered selling across high-growth technology shares. D-Wave Quantum Inc. ($QBTS), Rigetti Computing...
What’s Driving IONQ, QBTS, and RGTI Stocks Lower in Premarket Today?
Shares of quantum-computing companies IonQ ($IONQ), D-Wave Quantum ($QBTS), and Rigetti Computing ($RGTI) are trading lower in premarket Friday. The pullback follows a strong rebound in quantum stocks...
D-Wave Quantum and CGI Partner to Bring Advantage2 to Enterprise Clients
CGI Inc. ($GIB) and D-Wave Quantum Inc. ($QBTS) formed a strategic partnership to help companies test and deploy quantum computing applications in logistics, transportation, retail, and other enterpri...
QBTS Stock Drops 4.3% as D-Wave Discloses $550K Acting CFO Equity Award
D-Wave Quantum Inc. ($QBTS) formally appointed Senior Vice President of Finance Gregory Golkov as acting chief financial officer and disclosed a compensation package that includes a $550,000 restricte...
Here's why quantum computing stocks IonQ, RGTI, QBTS, INFQ are rising
Top quantum computing stocks like IonQ, Rigetti Computing (RGTI), and D-Wave Quantum (QBTS) are rising today after IonQ made a breakthrough this week. IonQ stock is up more than 10% in the pre-market...
Why IonQ, Rigetti, and D-Wave Stocks Are Surging Pre-Market — and What Wall Street Sees Next
Quantum computing stocks are rallying on pre-market Wednesday, with IonQ (NYSE:IONQ) gaining about 14%, while Rigetti Computing (NASDAQ:RGTI) and D-Wave Quantum (NYSE:QBTS) are each rising around 6%. ...
CGI, D-Wave Quantum partner for enterprise quantum adoption
CGI (GIB) announced a strategic partnership with D-Wave Quantum (QBTS). The partnership focuses on helping clients advance the practical application of quantum computing technologies across key indust...
CGI and D-Wave Quantum partner to advance enterprise quantum adoption
Stock Market Symbols GIB.A (TSX) GIB (NYSE) cgi.com/newsroom Collaboration combines CGI's industry expertise and D-Wave's quantum technology to help clients address complex optimization challenges and...
Quantum stocks are getting hot again after a brutal summer. Can the rally last?
This week's Quantum World Congress could trigger a ‘sentiment reversal' for quantum stocks after a rough summer, an analyst said.
IONQ, QBTS, RGTI Rally as Tech Stocks Rise Ahead of Quantum World Congress
Quantum computing stocks moved higher on Monday as a broader technology rally lifted high-growth names. IonQ, Inc. ($IONQ) gained 3.53%, D-Wave Quantum Inc. ($QBTS) rose 3.45%, and Rigetti Computing, ...
B. Riley Reiterates Buy Ratings on IONQ, QBTS, RGTI Ahead of Quantum World
B. Riley Securities reiterated Buy ratings on IonQ, Inc. ($IONQ), D-Wave Quantum Inc. ($QBTS), and Rigetti Computing, Inc. ($RGTI) ahead of Quantum World Congress 2026, which runs from September 23…
D-Wave Quantum appoints Bernard Gavgani to board of directors
D-Wave Quantum (QBTS) announced the appointment of Bernard Gavgani to its Board of Directors and Cybersecurity Committee. Gavgani currently serves as Senior Advisor for Technology and Innovation to BN...
D-Wave Appoints Bernard Gavgani to Board of Directors and Cybersecurity Committee
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
Inside the Trump Administration‘s $215 Million Bet to Win the Quantum Arms Race
The U.S. Energy Department launches Quantum Genesis Q, a competition to build an error-corrected, ‘scientifically relevant' quantum computer.
D-Wave to Host Qubits Asia 2026 Quantum Computing User Conference in Seoul
PALO ALTO, Calif. & SEOUL, South Korea--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and g...
D-Wave to Showcase Unique Dual-Platform Quantum Computing at Quantum World Congress 2026
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...
Quantum Is Years From Maturity but Already Going Mainstream
BofA Securities says investor and corporate interest in quantum computing is surging as government funding, technological breakthroughs, and rising budgets push the technology closer to commercializat...
Why quantum computing stocks are soaring today while the rest of the market falls
Shares in the five most prominent quantum computing companies are rising today despite a larger market pullback. The stock price jump in the companies controlling the nascent technology comes after th...
These 3 Quantum Stocks Are on the Rise as US Government Takes Minority Stakes
The U.S. government is taking minority stakes in three quantum computing companies in exchange for CHIPS and Science Act funding. Investors are cheering the move.
U.S. Government Is Now a Quantum Investor. Where the Chips Act Money Is Going.
Rigetti Computing, D-Wave Quantum, and Quantinuum are set to receive $100 million each from the U.S. Commerce Department.
U.S. Gets Minority Stakes in D-Wave, Rigetti, Quantinuum in $300 Million CHIPS Act Funding Deal
The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-co...
D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100 Million to Accelerate U.S. Leadership in Quantum Computing
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave quantum finalizes a definitive agreement with the U.S. department of commerce for up to $100 million to accelerate U.S. quantum leadership.
This Quantum Stock Is Puzzling. Why Its Growth Surge Is Mostly an Illusion.
One analyst is overlooking Quantum Computing Inc.'s bizarre corporate history and persistent financial challenges for a surprising reason.
D-Wave Quantum Announces the Resignation of Chief Financial Officer
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NASDAQ: QBTS) ("D-Wave" or the "Company"), the only dual-platform quantum computing company providing both annealing and gate-model systems, so...