D-Wave Quantum Inc. (QBTS)
| Market Cap | 6.70B +26.5% |
| Revenue (ttm) | 12.44M -41.8% |
| Net Income | -368.00M |
| EPS | -1.08 |
| Shares Out | 370.45M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,542,145 |
| Open | 18.38 |
| Previous Close | 17.98 |
| Day's Range | 17.84 - 18.92 |
| 52-Week Range | 12.75 - 46.75 |
| Beta | 2.10 |
| Analysts | Strong Buy |
| Price Target | 37.05 (+104.92%) |
| Earnings Date | Aug 6, 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 $37.05, which is an increase of 104.92% from the latest price.
News
Want to Play Quantum Earnings This Week? This ETF Offers Exposure to IonQ, D-Wave, and More
IonQ ($IONQ) and D-Wave Quantum ($QBTS) will report second-quarter earnings on August 5 and August 6, respectively. Investors who want exposure to both quantum computing companies without buying the s...
3 Quantum Stocks With Over 90% Upside Potential, According to Analysts
Quantum computing is still in its early stages, and companies such as D‑Wave Quantum ($QBTS), Quantinuum ($QNT), and IonQ ($IONQ) are drawing interest. These companies are building hardware and softwa...
QBTS, RGTI, IONQ: Here’s Why Quantum Stocks Soared Over 10% Today
Quantum computing stocks such as D‑Wave Quantum ($QBTS), Quantum Computing ($QUBT), IonQ ($IONQ), and Rigetti ($RGTI) surged more than 10% on Thursday due to a slew of positive news for…
Why D-Wave (QBTS) Stock Fell 9.6% after the AT&T Rally as Quantum Stocks Sold Off
D-Wave Quantum Inc. ($QBTS), a quantum computing company focused on commercial optimization systems, fell about 9.6% on Tuesday as investors took profits following its AT&T-driven rally a day earlier....
Five-Star Analyst Is Bullish on D-Wave (QBTS) Stock, Sets $30 Target as Quantum Backlog Grows
D-Wave Quantum Inc. ($QBTS), a developer of quantum computing systems and software, received a Buy rating and a $30 price target from Benchmark as the firm reinstated coverage of the…
“From One Hour to 15 Seconds”: D-Wave’s AT&T Deal Sends QBTS Stock Soaring
D-Wave Quantum Inc. ($QBTS), a developer of quantum computing systems and software, jumped 20.3% on Monday after AT&T Inc. ($T) agreed to expand its use of the company’s technology across…
Quantum Stocks Retreat in Premarket after D-Wave and Rigetti Deals Spark Broad Rally
Quantum computing stocks are giving back part of Monday’s sharp gains in premarket trading Tuesday, after deals involving D-Wave Quantum Inc. ($QBTS) and Rigetti Computing Inc. ($RGTI) helped lift nea...
Here’s Why D-Wave Quantum (QBTS) and Rigetti (RGTI) Stocks Are Rallying Today
Quantum computing stocks D-Wave Quantum ($QBTS) and Rigetti Computing ($RGTI) rallied 18% and 10.3%, respectively, on Monday (at the time of writing) after QBTS announced a deal with AT&T ($T).
Quantum's ‘Tipping Point': Why IonQ, D-Wave, and Rigetti Stocks Are Buys
Benchmark analyst Gary Mobley projects the quantum industry should generate roughly $1.5 billion in revenue in 2026.
D-Wave Quantum rises 16.0%
D-Wave Quantum (QBTS) is up 16.0%, or $2.59 to $18.80.
D-Wave stock is soaring and it's not entirely about AT&T partnership
D-Wave Quantum (QBTS) stock is ripping higher on Monday morning after the company revealed an expanded agreement with telecom giant AT&T (T). The quantum computing firm now looks headed to challenge i...
QBTS vs. IONQ vs. RGTI: How Benchmark’s Gary Mobley Rates These Quantum Stocks
Benchmark Co. analyst Gary Mobley reinstated coverage of quantum computing stocks, including IonQ ($IONQ), Rigetti Computing ($RGTI), and D-Wave Quantum ($QBTS), assigning Buy ratings and notable pric...
D-Wave Quantum rises 18.2%
D-Wave Quantum (QBTS) is up 18.2%, or $2.95 to $19.16.
Why D-Wave Quantum Stock Is Surging on AT&T Partnership
AT&T will use D-Wave Quantum's signature annealing quantum computers under an expanded partnership.
AT&T Signs Agreement to Expand Use of D-Wave's Quantum Computing Technology Across Network Operations
PALO ALTO, Calif. & DALLAS--(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 s...
D-Wave to Ring the Nasdaq Opening Bell on July 27, 2026 to Mark Its Listing Debut on the Nasdaq
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc., the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced that D...
D-Wave Quantum to Report Second Quarter 2026 Financial Results on August 6, 2026
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 Announces Transfer of Stock Exchange Listing to Nasdaq
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 Is One of Only Two Companies Named to the Leaders Category in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment
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 Is Winning Over Washington, and Investors Should Take Notice
D-Wave is selected to receive $1.6 million from the National Science Foundation. It's the company's latest federal funding injection.
D-Wave to Receive $1.5 Million Grant Through NSF Project to Strengthen U.S. Quantum Computing Leadership
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...
Trump Seeks to Boost Quantum Computing With New Executive Orders
The orders aim to speed the development of the advanced computers and mitigate the security threats they pose.
D-Wave Announces World's First Gate-Model Quantum Computing Simulator for Error-Aware Programming
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 (QBTS) Price Forecast: Bullish Retest Strengthens Setup
QBTS holds its bullish breakout structure after a successful retest of key support, with volume strength and reclaimed moving averages signaling continuation potential higher.
D-Wave Leads Quantum Computing Stocks Higher as These Experts See More Gains Ahead
An upbeat outlook on a quantum-computing stock lifted the sector Monday.