D-Wave Quantum Inc. (QBTS)
| Market Cap | 10.88B +257.2% |
| Revenue (ttm) | 12.44M -41.8% |
| Net Income | -368.00M |
| EPS | -1.08 |
| Shares Out | 369.91M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 141,703,186 |
| Open | 26.34 |
| Previous Close | 25.74 |
| Day's Range | 26.11 - 31.55 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 1.94 |
| Analysts | Strong Buy |
| Price Target | 35.17 (+19.63%) |
| Earnings Date | May 12, 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 $35.17, which is an increase of 19.63% from the latest price.
News
D-Wave Quantum Insider Sales Surface after QBTS Stock Soars on Quantum Funding Buzz
D-Wave Quantum Inc. ($QBTS), a pure-play quantum computing company known for quantum annealing systems and its work on gate-model superconducting technology, is seeing fresh insider selling activity a...
D-Wave Stock Soars as QBTS Lines Up $100 Million U.S. CHIPS Deal
D-Wave Quantum Inc. ($QBTS), a quantum tech firm that builds quantum systems, software, and tools for real-world use, said it has signed a letter of intent for $100 million in…
QBTS and RGTI: Who Owns These 2 Quantum Computing Stocks?
Quantum computing stocks D-Wave Quantum ($QBTS) and Rigetti Computing ($RGTI) have gained momentum after a Wall Street Journal report said the Trump administration plans to provide $2 billion in grant...
Quantum Computing Is Getting a $2 Billion Boost. Banks See a Growing Cyber Threat.
As enthusiasm abounds for quantum computing, Moody's cautions that the rise of ultra-powerful systems could upend the financial sector.
D-Wave Quantum rises 19.6%
D-Wave Quantum (QBTS) is up 19.6%, or $5.04 to $30.78.
D-Wave CEO: U.S. investment accelerates our ability to scale quantum innovation
CNBC's Kelly Evans talks with D-Wave Quantum CEO Alan Baratz about the expected $100 million U.S. investment in the company to advance quantum computing and more.
The Trump Administration Plans to Take Stakes in These Quantum Computing Firms. Their Stocks Are Soaring.
The federal government is moving to expand its investment portfolio with stakes in a number of quantum computing firms, sending their shares higher Thursday.
Quantum computing stocks soar as Trump uses Biden-era legislation to award $2 billion in grants
It's a good day to be an American quantum computing company—well, as long as you're willing to give up some equity.
D-Wave Quantum rises 24.5%
D-Wave Quantum (QBTS) is up 24.5%, or $4.73 to $24.03.
IBM, QBTS, other quantum stocks surge after report of $2B Trump funding push
Quantum-computing stocks surged in premarket trading on Thursday after a Wall Street Journal report said the Trump administration plans to award roughly $2 billion in grants to nine quantum technology...
U.S. to Award Quantum-Computing Firms $2 Billion and Take Equity Stakes
The Trump administration hopes to spur “a new era of American innovation,” Commerce Secretary Howard Lutnick says.
Quantum stocks soar as Trump administration is reportedly buying in
Quantum-computing companies' stocks jump after a WSJ report that the Trump administration is taking minority stakes in nine companies.
IBM and Quantum Stocks Jump on Trump Administration Funding Pact. What We Know.
IBM says it plans to create ‘America's first pure-play quantum foundry' in collaboration with the Commerce Department.
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award' and taking equity stakes
Quantum stocks soar as U.S. reportedly plans $2 billion ‘award' and taking equity stakes
D-Wave Quantum and Department of Commerce Sign Letter of Intent for $100 Million in CHIPS and Science Act Funding to Accelerate U.S. Leadership in Quantum Computing
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...
US to award $2 billion to quantum computing firms, take equity stakes, WSJ reports
The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Wall Street Journal reported on Thursday, cit...
D-Wave Quantum Q1 Earnings Call Highlights
D-Wave Quantum NYSE: QBTS reported a sharp increase in first-quarter bookings and said demand for its quantum computing systems has strengthened, even as revenue declined from a year earlier when resu...
D-Wave Earnings Looked Weak, But Investors May Be Missing This
Earnings season is a pivotal moment for many stocks, but particularly for firms in a fledgling industry like quantum computing. When major player IonQ Inc. NYSE: IONQ reported results for the first qu...
Quantum computing stocks are rising again: How long will the rally last for QUBT, D-Wave, IonQ, and Rigetti?
After a rough start to the year, America's four major publicly traded quantum computing companies are surging once again.
D-Wave Quantum Earnings Call Transcript: Q1 2026
Record Q1 bookings and a robust pipeline reflect accelerating commercial momentum, despite lower YoY revenue due to last year's large system sale. Dual-rail gate model technology and major deals position the company for leadership across the quantum market.
D-Wave Quantum Earnings release: Q1 2026
D-Wave Quantum released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.
D-Wave Quantum Slides: Q1 2026
D-Wave Quantum has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 12, 2026.
D-Wave Quantum Quarterly report: Q1 2026
D-Wave Quantum has published its Q1 2026 quarterly earnings report on May 12, 2026.
D-Wave Quantum Revenue Plunges 81%. Why the Stock Is Heading Higher After Earnings.
D-Wave Quantum CEO Alan Baratz previously has warned of 'lumpy' revenue ahead of broad commercialization.