Free Trial
NASDAQ:QBTS

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

D-Wave Quantum logo
$15.11 -0.68 (-4.31%)
As of 01:28 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About D-Wave Quantum Stock (NASDAQ:QBTS)

Advanced

Key Stats

Today's Range
$14.98
▼
$15.48
50-Day Range
$15.64
▼
$21.83
52-Week Range
$12.75
▼
$46.75
Volume
8.30 million shs
Average Volume
26.65 million shs
Market Capitalization
$5.59 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.27
Consensus Rating
Moderate Buy

Company Overview

D-Wave Quantum Inc. is a quantum-computing company that develops and delivers quantum systems, software and cloud-based services for commercial, government and research customers. The company focuses on quantum annealing, an approach designed to address complex optimization problems, and is also developing gate-model quantum-computing capabilities.

Its offerings include D-Wave quantum computers, the Leap quantum cloud service, and the Ocean software development kit. Through these products, customers can access quantum hardware, build and test applications, and combine quantum processing with classical computing through hybrid solvers. Potential applications include logistics, scheduling, supply-chain management, manufacturing, artificial intelligence and other optimization-intensive tasks.

D-Wave was founded in 1999 and became a publicly traded company in 2022 through a business combination with DPCM Capital. The company serves organizations in North America, Europe and other international markets. Alan Baratz has served as D-Wave’s president and chief executive officer since 2020.

AI Generated. May Contain Errors.

D-Wave Quantum Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
63rd Percentile Overall Score

QBTS MarketRank™: 

D-Wave Quantum scored higher than 63% of companies evaluated by MarketBeat, and ranked 270th out of 598 stocks in the 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 Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 13 buy ratings, 2 hold ratings, and 1 sell rating.

  • Upside Potential

    D-Wave Quantum has a consensus price target of $36.27, representing about 140.1% upside from its current price of $15.11.

  • 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 decrease in the coming year, from ($0.46) to ($0.52) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of D-Wave Quantum is -21.29, 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 -21.29, 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 6.57. 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

    18.62% 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 4.69.
  • Change versus previous month

    Short interest in D-Wave Quantum has recently decreased by 4.88%, 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.

  • News Sentiment

    D-Wave Quantum has a news sentiment score of 0.34. 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 0.44 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for D-Wave Quantum this week, compared to 8 articles on an average week.
  • Search Interest

    104 people have searched for QBTS on MarketBeat in the last 30 days. This is an increase of 37% compared to the previous 30 days.
  • MarketBeat Follows

    76 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 58% 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 $71,836.00 in company stock.

  • Percentage Held by Insiders

    1.30% 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.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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

Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from collapsing — and billionaire Sam Altman is now an investor. This under-the-radar firm is drawing serious attention from those watching the energy infrastructure space closely.tc pixel
D-Wave logo overlaid on a quantum computing chandelier device and a digital network of connected nodes.
D-Wave's Gate-Model Tech Notches a Major Milestone
D-Wave Quantum launched a beta gate-model quantum simulator, signaling progress beyond annealing tech, though the move is unlikely to boost near-term revenue as shares remain down 45% YTD.
IonQ logo displayed on a wall in a lab setting with a quantum computing chandelier apparatus nearby.
IonQ’s AI Breakthrough Looks Big—But Can It Drive Revenue? (QBTS)
IonQ and partners at Oak Ridge National Laboratory and NVIDIA used generative AI to speed quantum circuit design, cutting runtime dramatically, though commercial impact remains unclear.
IonQ logo displayed against a dark background with glowing orange network nodes and geometric shapes.
IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck (QBTS)
Oak Ridge, IonQ, and NVIDIA used generative AI to cut quantum circuit compilation from 11 minutes to 28 seconds, a milestone with implications for IONQ and NVDA investors.
D-Wave Quantum Inc. logo displayed on a quantum computing hardware panel in a lab setting.
What Might It Take for D-Wave to Reset Its Course?
D-Wave Quantum shares have fallen about 40% in 2026 after weak Q2 revenue of $3.1 million, as investors seek clearer evidence of commercial and financial progress from the firm.
See More Headlines

QBTS Stock Analysis - Frequently Asked Questions

D-Wave Quantum's stock was trading at $26.10 at the start of the year. Since then, QBTS shares have decreased by 42.1% and is now trading at $15.1160.

D-Wave Quantum Inc. (NASDAQ:QBTS) issued its quarterly earnings data on Thursday, August, 6th. The company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.08) by $0.02. D-Wave Quantum's quarterly revenue was down 0.6 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
8/06/2026
Today
10/07/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Software
Sub-Industry
Application Software
Current Symbol
NASDAQ:QBTS
Previous Symbol
NYSE:QBTS
CIK
1907982
Fax
N/A
Employees
388
Year Founded
1999

Price Target and Rating

High Price Target
$44.00
Low Price Target
$22.00
Potential Upside/Downside
+140.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
16 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.71)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$355.06 million
Net Margins
-2,001.59%
Pretax Margin
-2,230.51%
Return on Equity
-26.67%
Return on Assets
-24.03%

Debt

Debt-to-Equity Ratio
0.03
Current Ratio
20.55
Quick Ratio
20.42

Sales & Book Value

Annual Sales
$24.59 million
Price / Sales
226.47
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.30 per share
Price / Book
6.55

Miscellaneous

Outstanding Shares
369,910,000
Free Float
365,105,000
Market Cap
$5.57 billion
Optionable
Optionable
Beta
2.18

Social Links

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report

This page (NASDAQ:QBTS) was last updated on 10/7/2026 by MarketBeat.com Staff.
From Our Partners