Free Trial

D-Wave Quantum (QBTS) Stock Price, News & Analysis

D-Wave Quantum logo
$24.69 -0.62 (-2.47%)
Closing price 09/30/2025 03:59 PM Eastern
Extended Trading
$24.24 -0.45 (-1.80%)
As of 05:29 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About D-Wave Quantum Stock (NYSE:QBTS)

Advanced

Key Stats

Today's Range
$23.67
$25.48
50-Day Range
$14.82
$27.66
52-Week Range
$0.87
$29.18
Volume
46.16 million shs
Average Volume
54.90 million shs
Market Capitalization
$8.44 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.27
Consensus Rating
Buy

Company Overview

D-Wave Quantum Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
34th Percentile Overall Score

QBTS MarketRank™: 

D-Wave Quantum scored higher than 34% of companies evaluated by MarketBeat, and ranked 509th out of 664 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    D-Wave Quantum has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.

  • Downside Risk

    D-Wave Quantum has a consensus price target of $20.27, representing about 17.9% downside from its current price of $24.69.

  • Amount of Analyst Coverage

    D-Wave Quantum has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about D-Wave Quantum's stock forecast and price target.
  • Earnings Growth

    Earnings for D-Wave Quantum are expected to grow in the coming year, from ($0.41) to ($0.38) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of D-Wave Quantum is -23.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of D-Wave Quantum is -23.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    D-Wave Quantum has a P/B Ratio of 107.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about D-Wave Quantum's valuation and earnings.
  • Percentage of Shares Shorted

    19.17% of the float of D-Wave Quantum has been sold short.
  • Short Interest Ratio / Days to Cover

    D-Wave Quantum has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in D-Wave Quantum has recently decreased by 4.78%, indicating that investor sentiment is improving.
  • Dividend Yield

    D-Wave Quantum does not currently pay a dividend.

  • Dividend Growth

    D-Wave Quantum does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    19.17% of the float of D-Wave Quantum has been sold short.
  • Short Interest Ratio / Days to Cover

    D-Wave Quantum has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in D-Wave Quantum has recently decreased by 4.78%, indicating that investor sentiment is improving.
  • News Sentiment

    D-Wave Quantum has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.80 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for D-Wave Quantum this week, compared to 23 articles on an average week.
  • Search Interest

    396 people have searched for QBTS on MarketBeat in the last 30 days. This is an increase of 94% compared to the previous 30 days.
  • MarketBeat Follows

    250 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 102% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, D-Wave Quantum insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,937,740.00 in company stock.

  • Percentage Held by Insiders

    Only 3.20% of the stock of D-Wave Quantum is held by insiders.

  • Percentage Held by Institutions

    42.47% of the stock of D-Wave Quantum is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about D-Wave Quantum's insider trading history.
Receive QBTS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for D-Wave Quantum and its competitors with MarketBeat's FREE daily newsletter.

By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

QBTS Stock News Headlines

D-Wave quantum computing
A Closer Look at D-Wave's Big Gains in September: More in Store?
D-Wave (QBTS) soared 68% in a month on Fed rate cuts and quantum optimism, but analysts see downside amid sky-high valuation and rising short interest.
meme stock sign
Memes Are Back: Retail Investors Are Piling Into 3 Quantum Stocks (QBTS)
Retail traders are piling into quantum computing stocks like RGTI, QBTS, and IONQ. High volume, options activity, and social buzz fuel this speculative rally.
Out of 18,347 Cryptocurrencies... This is the ONLY One
The Single Most Undervalued DeFi Protocol You've Never Heard Of If there's one cryptocurrency you should buy in this market, this token might just be it.tc pixel
abstract of futuristic computing
3 Quantum Computing ETFs to Know—And Why 2 Don't Hold D-Wave
Quantum computing heats up as QBTS jumps 52%. See how ETFs QTUM, PTF, and SPRX offer diverse exposure while some skip D-Wave entirely.
Financial markets news icon
MarketBeat Week in Review – 09/15 - 09/19 (QBTS)
Stocks moved to new all-time highs after the Federal Reserve cut interest rates as expected, but volatility could ramp up before the next earnings season...
Five Hot Quantum Computing Stocks You May Want to Consider Today
See More Headlines

QBTS Stock Analysis - Frequently Asked Questions

D-Wave Quantum's stock was trading at $8.40 at the beginning of 2025. Since then, QBTS stock has increased by 193.9% and is now trading at $24.6860.

D-Wave Quantum Inc. (NYSE:QBTS) issued its quarterly earnings data on Thursday, August, 7th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. The company's revenue for the quarter was up 40.9% compared to the same quarter last year.
Read the conference call transcript
.

Shares of QBTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that D-Wave Quantum investors own include Enovix (ENVX), Ginkgo Bioworks (DNA), Rambus (RMBS), Toast (TOST), COMPASS Pathways (CMPS), Globant (GLOB) and Luminar Technologies (LAZR).

Company Calendar

Last Earnings
8/07/2025
Today
10/01/2025
Next Earnings (Estimated)
11/13/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
INTERNET SOFTWARE
Sub-Industry
Business Services
Current Symbol
NYSE:QBTS
CIK
1907982
Fax
N/A
Employees
3
Year Founded
N/A

Price Target and Rating

High Price Target
$33.00
Low Price Target
$9.00
Potential Upside/Downside
-17.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
($1.05)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$143.88 million
Net Margins
-1,263.92%
Pretax Margin
-1,263.92%
Return on Equity
-118.87%
Return on Assets
-79.38%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
42.99
Quick Ratio
42.86

Sales & Book Value

Annual Sales
$8.83 million
Price / Sales
956.18
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.23 per share
Price / Book
107.33

Miscellaneous

Outstanding Shares
342,020,000
Free Float
331,073,000
Market Cap
$8.44 billion
Optionable
Optionable
Beta
1.39
Elon Musk's Next Move Cover

Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.

Get This Free Report

This page (NYSE:QBTS) was last updated on 10/1/2025 by MarketBeat.com Staff
From Our Partners