D-Wave Quantum Inc. (QBTS)
| Market Cap | 8.97B |
| Revenue (ttm) | 24.14M |
| Net Income (ttm) | -398.81M |
| Shares Out | 350.12M |
| EPS (ttm) | -1.37 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 38,072,854 |
| Open | 26.95 |
| Previous Close | 27.43 |
| Day's Range | 25.23 - 27.20 |
| 52-Week Range | 4.45 - 46.75 |
| Beta | 1.56 |
| Analysts | Strong Buy |
| Price Target | 32.80 (+27.98%) |
| Earnings Date | Mar 12, 2026 |
About QBTS
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 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. It also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of en... [Read more]
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.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $32.8, which is an increase of 27.98% from the latest price.
News
How Low Can QBTS Stock Go?
D-Wave Quantum stock (NYSE: QBTS) declined by 6.2% yesterday, January 20, as part of a wider market downturn caused by rising geopolitical tensions associated with the U.S. efforts to purchase Greenla...
D-Wave Completes Acquisition of Quantum Circuits Inc., Creating World's Leading Quantum Computing Company
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 world's first commercial suppli...
Microsoft, Nebius, IREN And More: 5 Stocks Investors Couldn't Stop Buzzing About This Week
Retail investors talked up five hot stocks this week (Jan. 12 to Jan. 16) on X and Reddit's r/WallStreetBets, driven by retail hype, AI buzz, and corporate news flow.
Rigetti and Quantum Computing Stocks Are a Buy, Says Analyst. Look Past the Criticism of Both.
Rosenblatt Securities initiates coverage on shares of both quantum companies at Buy.
Rigetti Suffers Setback, D-Wave Makes Strides. What Analysts Are Saying About Quantum Stocks.
Rigetti pushed back the timeline for its next system, while peers made acquisitions and struck new deals. Analysts remain bullish on the sector's long-term prospects.
QBTS Stock Analysis: Is D-Wave Quantum Worth $10 Billion?
D-Wave (NYSE: QBTS) is in the process of commercializing quantum annealing technology— a specialized quantum method tailored for addressing optimization issues. In contrast to competitors pursuing uni...
D-Wave: Quantum's First Real Revenue Winner
D-Wave Quantum Inc. reported nearly 100% YoY revenue growth, reaching $3.74 million in Q3, signaling accelerating commercial quantum adoption. Over 100 organizations run production workloads, with cli...
D-Wave to Acquire Quantum Circuits for $550 Million
The combined entity plans to bring quantum computers to market in 2026, D-Wave says.
D-Wave Announces Agreement to Acquire Quantum Circuits Inc., Establishing World's Leading Quantum Computing Company
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 world's first commercial suppli...
Quantum computing momentum grows: D-Wave announces first major breakthrough of 2026
A new year, a new quantum computing breakthrough: D-Wave, one of the quantum industry's rising stars, announced “an industry-first breakthrough” on Tuesday as it works to make quantum computing commer...
D-Wave Demonstrates First Scalable, On-Chip Cryogenic Control of Gate-Model Qubits
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 world's first commercial suppli...
What To Expect At CES 2026: Nvidia, AMD, Joby, Archer, D-Wave And More
One of the biggest tech industry events of the year, the Consumer Electronics Show (CES) 2026, kicks off in Las Vegas on Monday afternoon. This year's event will highlight physical AI and AI at the ed...
Quantum computing works — now investors will see if the stocks do too
Charlie Garcia responds to readers about the opportunities and obstacles for investors in quantum computing.
Quantum computing stocks soar, then fall, in holiday week trading. What's up with D-Wave, Rigetti, and IonQ?
Santa keeps delivering for quantum computing investors this year.
Stock Of The Day: Did D-Wave Quantum Just Break Out?
Shares of D-Wave Quantum Inc. (NYSE: QBTS) are trading lower on Tuesday, after gaining 20% on Monday when enthusiastic retail traders took it up.
D-Wave, Rigetti, IonQ Stocks Climb In Retail-Fueled Santa Rally
The final trading weeks of 2025 are witnessing a classic “Santa Rally” with a futuristic twist. Institutional desks have thinned out for the holiday season—the proverbial “smart money” taking a breath...
D-Wave to Bring Commercial Quantum Computing to CES 2026, Showcasing its Award-Winning Technology and Real-World Customer Success Stories
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 world's first commercial supplie...
Are Quantum Computing Stocks Due for a Rebound? This Wall Street Bull Thinks So
Could quantum computing stocks be due for a rebound?
Buy IonQ and D-Wave, Hold Rigetti. How Analysts Are Playing Quantum Stocks in 2026.
Analysts at Jefferies and Wedbush Securities initiate coverage of IonQ, Rigetti Computing, and D-Wave Quantum.
D-Wave Quantum Is Looking Like The Early Quantum Computing Winner (Upgrade)
We like to pick winners. But sometimes, that's hard to do. It's particularly so now for quantum computing, where everybody and everything is very new. But D-Wave Computing (QBTS) is already starting t...
Looking for the next Nvidia? This analyst recommends quantum stocks — but patience is required
Quantum computing could be a $205 billion market within a decade, according to an analyst who recommends IonQ, Rigetti and D-Wave shares for investors willing to look past “lumpy” revenue.
IonQ, D-Wave, and Rigetti Stocks Are a Buy, Say Analysts. How the Quantum Pure Plays Stack Up.
Quantum computing ‘promises a major transformation in high-performance computing tasks,' say analysts.
D-Wave Announces Qubits 2026 Quantum Computing User Conference
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 world's first commercial suppli...
QBTS Stock Outlook: After 168% Gains, What's Next?
D-Wave Quantum (QBTS) stock has declined by 24.2% over the past 21 trading days. This recent downturn underscores renewed worries regarding D-Wave's speculative valuation along with ongoing operating ...