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

D-Wave Quantum logo
$35.02 +0.77 (+2.25%)
Closing price 03:59 PM Eastern
Extended Trading
$35.04 +0.02 (+0.07%)
As of 05:20 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 Polygon.io. Learn more.

About D-Wave Quantum Stock (NYSE:QBTS)

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Key Stats

Today's Range
$33.60
$36.64
50-Day Range
$14.82
$35.80
52-Week Range
$0.87
$39.55
Volume
65.88 million shs
Average Volume
65.10 million shs
Market Capitalization
$11.98 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$20.27
Consensus Rating
Moderate Buy

Company Overview

D-Wave Quantum Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
35th Percentile Overall Score

QBTS MarketRank™: 

D-Wave Quantum scored higher than 35% of companies evaluated by MarketBeat, and ranked 493rd out of 660 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 Moderate Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, no hold ratings, and 2 sell ratings.

  • Downside Risk

    D-Wave Quantum has a consensus price target of $20.27, representing about 41.4% downside from its current price of $34.57.

  • Amount of Analyst Coverage

    D-Wave Quantum has been the subject of 9 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 -32.93, 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 -32.93, 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 150.32. 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 0.55. 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 0.66 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 30 news articles for D-Wave Quantum this week, compared to 24 articles on an average week.
  • Search Interest

    473 people have searched for QBTS on MarketBeat in the last 30 days. This is an increase of 149% compared to the previous 30 days.
  • MarketBeat Follows

    296 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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.
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QBTS Stock News Headlines

D-Wave Quantum Computing coding
Behind D-Wave's Massive Week (And Why Rivals Also Popped)
A sizable rally around the start of October has added to D-Wave's impressive gains so far in 2025, but what's behind the bump? And will it continue?
Financial markets news icon
MarketBeat Week in Review – 09/29 - 10/03 (QBTS)
Stocks shrugged off the government shutdown by hitting record highs; the focus now turns to the upcoming earnings season, which will likely lead stocks higher.
URGENT: The Market's 3 Red Flags Are Flashing
The warning signs that preceded the 2008 crash are reappearing: an irrational NASDAQ bubble, a record-high gold price (signaling fear), and escalating geopolitical risk. A sharp correction might happen tomorrow, and most investors will be caught off guard. Your portfolio is currently exposed.tc pixel
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.
3 Quantum Computing Stocks that Could Be The Next Nvidia
See More Headlines

QBTS Stock Analysis - Frequently Asked Questions

D-Wave Quantum's stock was trading at $8.40 at the start of the year. Since then, QBTS stock has increased by 311.6% and is now trading at $34.5730.

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

D-Wave Quantum's top institutional investors include Voya Investment Management LLC (0.02%), Veracity Capital LLC (0.01%), Harbour Capital Advisors LLC and Praxis Investment Management Inc.. Insiders that own company stock include Sector Pension Investme Public, Alan E Baratz, John M Markovich, Emil Michael, Victoria Brydon, Diane Nguyen, Kirstjen Nielsen, Steven M West, 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 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
10/09/2025
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
1999

Price Target and Rating

High Price Target
$33.00
Low Price Target
$9.00
Potential Upside/Downside
-40.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 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
1,327.02
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.23 per share
Price / Book
148.96

Miscellaneous

Outstanding Shares
342,020,000
Free Float
331,073,000
Market Cap
$11.72 billion
Optionable
Optionable
Beta
1.49

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This page (NYSE:QBTS) was last updated on 10/9/2025 by MarketBeat.com Staff
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