D Wave Quantum Inc (QBTS)

Currency in USD
19.670
+0.850(+4.52%)
Closed·
19.589-0.081(-0.41%)
·
Earnings results expected in 10 days
QBTS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
18.46620.070
52 wk Range
4.45046.750
Key Statistics
Prev. Close
18.82
Open
19.065
Day's Range
18.466-20.07
52 wk Range
4.45-46.75
Volume
23.82M
Average Volume (3m)
34.14M
1-Year Change
208.7912%
Book Value / Share
1.96
Fair Value
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Fair Value Upside
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QBTS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
39.169
Upside
+99.13%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

D Wave Quantum Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Buy
Technical Indicators
Strong Buy
Moving Averages
Neutral

D Wave Quantum Company Profile

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services. It also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

Employees
218

D Wave Quantum Inc SWOT Analysis


Quantum Pionee
D-Wave Quantum Inc. leads in commercial quantum computing, specializing in annealing solutions that outpace competitors in the evolving industry landscape
Technological Leaps
Explore D-Wave's Advantage 2 platform progress, featuring a fourfold qubit density increase and the innovative Fast-Annealing feature driving industry excitement
Market Momentum
Delve into D-Wave's expanding customer base and strong Q1 bookings, signaling growing adoption of quantum computing solutions across various sectors
Financial Horizons
Analysts set price targets ranging from $3.00 to $4.00, as D-Wave navigates financial challenges while pursuing new revenue streams in government and defense sectors
Read full SWOT analysis

D Wave Quantum Inc Earnings Call Summary for Q3/2025

  • D-Wave Quantum reported Q3 2025 revenue of $3.7M (up 100% YoY), exceeding forecasts by 22.11%, with EPS loss of $0.05 beating the expected $0.07 loss.
  • Cash balance surged 2,700% YoY to $836.2M, while the stock declined 1.8% in premarket trading despite positive earnings results.
  • The company launched the Advantage II quantum computer and continues developing both annealing and gate model systems, differentiating itself from competitors.
  • CEO Dr. Alan Baratz emphasized D-Wave's leadership position, while CFO John Markovich projected D-Wave could become 'the first independent quantum computing company to achieve sustained profitability.'
  • Management guidance indicates continued investment in Gate model program and global expansion through shared system capacity models, with anticipated revenue growth in upcoming quarters.
Last Updated: 06/11/2025, 14:20
Read Full Transcript

Compare QBTS to Peers and Sector

Metrics to compare
QBTS
Peers
Sector
Relationship
P/E Ratio
−18.2x−10.8x12.3x
PEG Ratio
0.08−0.030.01
Price/Book
10.8x5.4x2.4x
Price / LTM Sales
301.3x5.3x2.3x
Upside (Analyst Target)
103.4%87.3%24.4%
Fair Value Upside
Unlock16.9%4.9%Unlock

Analyst Ratings

15 Buy
0 Hold
1 Sell
Ratings:
16 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 39.169
(+99.13% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
TD Cowen
Buy---New Coverage12/02/2026
Canaccord Genuity
Buy43.00+118.61%41.00Maintain29/01/2026
Cantor Fitzgerald
Buy40.00+103.36%-Maintain08/01/2026
Rosenblatt
Buy43.00+118.61%40.00Maintain08/01/2026
Wedbush
Buy35.00+77.94%-New Coverage17/12/2025

Earnings

Latest Release
Nov 06, 2025
EPS / Forecast
-0.05 / -0.07
Revenue / Forecast
3.70M / 3.03M
EPS Revisions
Last 90 days

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FAQ

What Is the D Wave Quantum (QBTS) Share Price Today?

The live D Wave Quantum share price today is 19.670

What Stock Exchange Does D Wave Quantum (QBTS) Trade On?

D Wave Quantum is listed and trades on the New York Stock Exchange.

What Is the Ticker (Stock Symbol) for D Wave Quantum?

The stock symbol (also called a 'ticker') for D Wave Quantum is "QBTS."

What Is the Current D Wave Quantum Market Cap?

As of today, D Wave Quantum market capitalisation is 7.270B.

What Is D Wave Quantum's (QBTS) Earnings Per Share (TTM)?

The D Wave Quantum EPS is currently -1.37 (Trailing Twelve Months).

When Is the Next D Wave Quantum Earnings Date?

D Wave Quantum's next earnings report will be released on 26/02/2026.

Is QBTS a Buy or Sell From a Technical Analyst Perspective?

Based on today's D Wave Quantum moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has D Wave Quantum Stock Split?

D Wave Quantum has split 1 times. (See the QBTS stock split history page for full effective split date and price information.)

How Many Employees Does D Wave Quantum Have?

D Wave Quantum has 218 employees.

What is the current trading status of D Wave Quantum (QBTS)?

As of 16 Feb 2026, D Wave Quantum (QBTS) is trading at a price of 19.670, with a previous close of 18.820. The stock has fluctuated within a day range of 18.466 to 20.070, while its 52-week range spans from 4.450 to 46.750.

What Is D Wave Quantum (QBTS) Price Target According to Analysts?

The average 12-month price target for D Wave Quantum is USD39.169, with a high estimate of USD48 and a low estimate of USD22.54. 15 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Strong Buy. The stock has an +99.13% Upside potential.

What Is the QBTS After Hours Price?

QBTS's last after hours stock price is 19.589, the stock has decreased by -0.081, or -0.410%.
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