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

D-Wave Quantum logo
$11.54 -0.12 (-1.03%)
Closing price 04:00 PM Eastern
Extended Trading
$11.58 +0.04 (+0.30%)
As of 07:59 PM 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 Massive. Learn more.

About D-Wave Quantum Stock (NASDAQ:QBTS)

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Key Stats

Today's Range
$11.33
▼
$11.86
50-Day Range
$11.63
▼
$21.17
52-Week Range
$11.26
▼
$37.62
Volume
8.96 million shs
Average Volume
14.84 million shs
Market Capitalization
$4.27 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.27
Consensus Rating
Moderate Buy

Company Overview

D-Wave Quantum Inc. (NASDAQ: QBTS) is a quantum computing company that develops and provides quantum computing systems, software, and related services. The company focuses on both quantum annealing and gate-model quantum computing, with the goal of helping organizations address complex optimization, artificial intelligence, materials science, cybersecurity, and other computational challenges.

Its product portfolio includes quantum computing systems, hybrid quantum-classical solutions, and the Leap quantum cloud service, which gives customers access to D-Wave systems through the cloud. D-Wave also offers the Ocean software development kit and other tools designed to help developers create, test, and deploy quantum applications that can be integrated with conventional computing infrastructure.

Founded in 1999, D-Wave has worked with organizations in industries such as manufacturing, logistics, financial services, pharmaceuticals, government, and research. The company serves customers and research partners internationally through direct relationships, cloud access, and collaborations with technology providers and academic institutions. Alan Baratz serves as D-Wave’s president and chief executive officer.

AI Generated. May Contain Errors.

D-Wave Quantum Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
52nd Percentile Overall Score

QBTS MarketRank™: 
2.57887874837 of 5 stars

D-Wave Quantum scored higher than 52% of companies evaluated by MarketBeat, and ranked 366th out of 591 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 214.3% upside from its current price of $11.54.

  • Amount of Analyst Coverage

    D-Wave Quantum has been the subject of 6 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 Book Value per Share Ratio

    D-Wave Quantum has a P/B Ratio of 5.02. 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

    21.67% 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 5.
  • Change versus previous month

    Short interest in D-Wave Quantum has recently increased by 11.58%, indicating that investor sentiment is decreasing significantly.
  • 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 0.07. 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 0.61 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 40 news articles for D-Wave Quantum this week, compared to 8 articles on an average week.
  • Search Interest

    Only 88 people have searched for QBTS on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
  • MarketBeat Follows

    92 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 217% 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 $19,800.00 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.
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QBTS Stock News Headlines

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Quantinuum logo overlaid on a gold-colored dilution refrigerator used for quantum computing in a lab setting.
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D-Wave logo on a wall beside a quantum computing cryostat in a data center setting.
D-Wave Stock Has 2 New Reasons for Investors to Pay Attention
D-Wave Quantum expanded its SkyWater foundry partnership and delivered Italy's first annealing quantum system, as QBTS shares remain down about 58% year to date ahead of earnings.
Illustration of a quantum computer's golden cryostat chandelier with cables, set in a futuristic laboratory environment.
The Pentagon's $350 Million Quantum Push: Why IonQ Could Benefit More Than D-Wave (QBTS)
The Defense Department pledged about $350 million for quantum computing, with IonQ and DARPA's Quantum Benchmarking Initiative emerging as key beneficiaries, though revenue impact remains uncertain.
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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 55.8% and is now trading at $11.54.

D-Wave Quantum Inc. (NASDAQ:QBTS) announced its earnings results on Thursday, August, 6th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.02. The firm's revenue for the quarter was down 0.6 on a year-over-year basis.
Read the conference call transcript
.

D-Wave Quantum's top institutional shareholders include McGuire Investment Group LLC (0.11%), Burr Financial Services LLC (0.10%), SBI Securities Co. Ltd. (0.05%) and SLT Holdings LLC (0.05%). Insiders that own company stock include Sector Pension Investme Public, Alan E Baratz, John M Markovich, Emil Michael, Sophie C Ames, Kirstjen Nielsen, Rohit Ghai, John D Dilullo and Roger Biscay.
View institutional ownership trends
.

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 NVIDIA (NVDA), Rigetti Computing (RGTI), IonQ (IONQ), Palantir Technologies (PLTR), Advanced Micro Devices (AMD), Quantum Computing (QUBT) and Micron Technology (MU).

Company Calendar

Last Earnings
8/06/2026
Today
10/26/2026
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
+214.3%
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
173.60
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$2.30 per share
Price / Book
5.02

Miscellaneous

Outstanding Shares
369,910,000
Free Float
365,105,000
Market Cap
$4.27 billion
Optionable
Optionable
Beta
2.18

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This page (NASDAQ:QBTS) was last updated on 10/26/2026 by MarketBeat.com Staff.
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