NASDAQ:QBTS D-Wave Quantum (QBTS) Stock Price, News & Analysis $15.77 -0.79 (-4.77%) Closing price 10/2/2026 04:00 PM EasternExtended Trading$15.88 +0.11 (+0.70%) As of 10/2/2026 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About D-Wave Quantum Stock (NASDAQ:QBTS) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get D-Wave Quantum alerts:Sign Up Key Stats Today's Range$15.74▼$17.0050-Day Range$15.77▼$21.8352-Week Range$12.75▼$46.75Volume20.07 million shsAverage Volume15.49 million shsMarket Capitalization$5.83 billionP/E RatioN/ADividend YieldN/APrice Target$36.27Consensus RatingModerate 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. Read More D-Wave Quantum Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks63rd Percentile Overall ScoreQBTS MarketRank™: D-Wave Quantum scored higher than 63% of companies evaluated by MarketBeat, and ranked 268th out of 594 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.4 / 5Analyst RatingModerate Buy Consensus RatingD-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 PotentialD-Wave Quantum has a consensus price target of $36.27, representing about 130.0% upside from its current price of $15.77.Amount of Analyst CoverageD-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 and Valuation0.0 / 5Proj. Earnings GrowthDecreasing Earnings GrowthEarnings 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 MarketThe P/E ratio of D-Wave Quantum is -22.21, 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. SectorThe P/E ratio of D-Wave Quantum is -22.21, 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 RatioD-Wave Quantum has a P/B Ratio of 6.86. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted18.62% of the float of D-Wave Quantum has been sold short.Short Interest Ratio / Days to CoverD-Wave Quantum has a short interest ratio ("days to cover") of 4.69.Change versus previous monthShort interest in D-Wave Quantum has recently decreased by 4.88%, indicating that investor sentiment is improving. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldD-Wave Quantum does not currently pay a dividend.Dividend GrowthD-Wave Quantum does not have a long track record of dividend growth. News and Social Media3.4 / 5News Sentiment0.48 News SentimentD-Wave Quantum has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Technology companies.News Coverage This WeekMarketBeat has tracked 21 news articles for D-Wave Quantum this week, compared to 8 articles on an average week.Search Interest102 people have searched for QBTS on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.MarketBeat Follows84 people have added D-Wave Quantum to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Company Ownership1.3 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders1.30% of the stock of D-Wave Quantum is held by insiders.Percentage Held by Institutions42.47% 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. Submit View SMS TermsSMS 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. 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(NASDAQ:QBTS) Stock Has Consensus Target Price of $36.27October 3 at 2:15 AM | americanbankingnews.comD-Wave Quantum Slides 4% as Fresh Product News Fails to Spark BuyingOctober 2 at 5:31 PM | quiverquant.comQA new type of AI could unleash gains of up to 10,000%A new AI category called Accelerated AI is starting to gain traction, and most investors haven't caught on yet. Early movers in past technology shifts have seen outsized results, and this emerging niche is drawing comparisons. Get the name and ticker of the leading Accelerated AI company making waves right now.October 4 at 1:00 AM | Brownstone Research (Ad)QBTS Investigation: Kessler Topaz Meltzer & Check, LLP Encourages D-Wave Quantum Inc. Investors to Contact the FirmOctober 2 at 3:51 PM | globenewswire.comIonQ’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.September 22, 2026 | marketbeat.comIonQ 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.September 17, 2026 | marketbeat.comWhat 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.September 15, 2026 | marketbeat.comCashing in on the Qubit: NVIDIA Takes the Quantum Leap (QBTS)NVIDIA's new CUDA-Q Logical software links GPUs with quantum processors to tackle error correction, potentially benefiting IonQ, Rigetti, and D-Wave as hybrid computing advances.September 15, 2026 | marketbeat.comSee More Headlines QBTS Stock Analysis - Frequently Asked Questions How have QBTS shares performed this year? D-Wave Quantum's stock was trading at $26.10 at the beginning of 2026. Since then, QBTS stock has decreased by 39.6% and is now trading at $15.77. How were D-Wave Quantum's earnings last quarter? D-Wave Quantum Inc. (NASDAQ:QBTS) announced its earnings results 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. The firm's quarterly revenue was down 0.6 compared to the same quarter last year. Read the conference call transcript. How do I buy shares of D-Wave Quantum? 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. What other stocks do shareholders of D-Wave Quantum own? 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 Earnings8/06/2026Today10/04/2026Next Earnings (Estimated)11/05/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (1m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 QBTS's financial health is in the Yellow zone, according to TradeSmith. QBTS has been in this zone for over one month. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorTechnology Industry Software Sub-IndustryApplication Software Current SymbolNASDAQ:QBTS Previous SymbolNYSE:QBTS CIK1907982 Webwww.dwavequantum.com Phone(650) 285-2881FaxN/AEmployees388Year Founded1999Price Target and Rating Average Price Target for D-Wave Quantum$36.27 High Price Target$44.00 Low Price Target$22.00 Potential Upside/Downside+130.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage16 Analysts Profitability EPS (Trailing Twelve Months)($0.71) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet 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 Ratio0.03 Current Ratio20.55 Quick Ratio20.42 Sales & Book Value Annual Sales$24.59 million Price / Sales237.23 Cash FlowN/A Price / Cash FlowN/A Book Value$2.30 per share Price / Book6.86Miscellaneous Outstanding Shares369,910,000Free Float365,105,000Market Cap$5.83 billion OptionableOptionable Beta2.18 Social Links (Almost) Everything You Need To Know About The EV MarketLooking to profit from the electric vehicle mega-trend? 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