D-Wave Quantum Inc. (QBTS)
| Market Cap | 8.36B +290.4% |
| Revenue (ttm) | 24.59M +178.5% |
| Net Income | -355.06M |
| EPS | -1.11 |
| Shares Out | 370.43M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 20,163,709 |
| Open | 22.20 |
| Previous Close | 21.99 |
| Day's Range | 21.42 - 22.67 |
| 52-Week Range | 7.71 - 46.75 |
| Beta | 1.94 |
| Analysts | Strong Buy |
| Price Target | 32.53 (+44.13%) |
| Earnings Date | May 12, 2026 |
About QBTS
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides 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, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company’s server. The company al... [Read more]
Financial Performance
In 2025, D-Wave Quantum's revenue was $24.59 million, an increase of 178.54% compared to the previous year's $8.83 million. Losses were -$355.06 million, 146.8% more than in 2024.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for QBTS stock is "Strong Buy." The 12-month stock price target is $32.53, which is an increase of 44.13% from the latest price.
News
D-Wave Quantum Is About to Report Q1 Earnings. Here’s What to Expect from QBTS Stock
D-Wave Quantum ($QBTS), a dual-platform quantum computing company that offers annealing and gate-model systems and software, is scheduled to announce its first-quarter results on May 12. QBTS stock ha...
Mixed options sentiment in D-Wave Quantum with shareslittle changed
Mixed options sentiment in D-Wave Quantum (QBTS), with shares down 0c near $21.98. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of
D-Wave Quantum Will Report Q1 Earnings on May 12 — Here’s Who Owns QBTS Stock
D-Wave Quantum ($QBTS) is set to release its Q1 2026 results next week on May 12. So far this year, QBTS stock has dropped 16% mainly because investor sentiment around
Quantum Leap: Scientists use IBM quantum computers to simulate protein complexes
Welcome to the latest edition of “Quantum Leap” where The Fly decodes news and activity in the quantum computing space. QUANTUM REALIZED: D-Wave Quantum (QBTS) will host Qubits Europe 2026:
Quantum's Risks Are Overstated—and the Investment Opportunity May Be Underestimated
Barclays says quantum computing demand could reach $100 billion by 2040, with companies like IonQ, IBM, and Nvidia positioned across the value chain.
D-Wave Quantum (QBTS) Puts Europe in Focus Ahead of Q1 Earnings
D-Wave Quantum Inc. ($QBTS) announced it will host Qubits Europe 2026: Quantum Realized, a full-day user event in London on June 18, 2026. The event will focus on how firms,
D-Wave Quantum announces Qubits Europe 2026 Conference
D-Wave Quantum (QBTS) will host Qubits Europe 2026: Quantum Realized, a full-day quantum computing user conference on June 18, 2026, in London, England. Qubits Europe 2026 comes at a time
QBTS vs. IONQ: 80% Upside? Wall Street’s Top Quantum Stock Pick Ahead of Earnings
As quantum computing leaders IonQ ($IONQ) and D-Wave Quantum ($QBTS) prepare for their May 2026 earnings, investors are weighing which stock is the better pick. According to TipRanks’ Stock Comparison...
D-Wave Announces Qubits Europe 2026 Quantum Computing User Conference
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
Moderately bullish activity in D-Wave Quantum with shares up 5.39%
Moderately bullish activity in D-Wave Quantum (QBTS), with shares up $1.10, or 5.39%, near $21.59. Options volume roughly in line with average with 29k contracts traded and calls leading puts
Analysts see 80% upside in this quantum stock pre-earnings
Quantum computing is about to get its biggest reality check of 2026. IonQ reports first-quarter results on Wednesday, May 6, after the close, while D-Wave Quantum follows on Tuesday, May 12, before th...
Bullish flow in D-Wave Quantum with shares up 8.51%
Bullish flow in D-Wave Quantum (QBTS), with shares up $1.55, or 8.51%, near $19.82. Options volume running well above average with 60k contracts traded and calls leading puts for a
D-Wave Quantum to host investor day at New York Stock Exchange
D-Wave Quantum (QBTS) announced that it will host its first-ever Investor Day, on June 1, 2026, at the New York Stock Exchange. Themed “The D-Wave Difference,” the event will provide
D-Wave to Host First-Ever Investor Day at the New York Stock Exchange
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
D-Wave Quantum to Participate in Upcoming Investor Conferences
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
D-Wave Quantum to Report First Quarter Fiscal Year 2026 Financial Results on May 12, 2026
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
Charts to Watch: SPX, QBTS, FSLR
@CharlesSchwab's Kevin Horner says markets are getting thinner near all-time highs, but adds that sometimes, it's best not to fight the trend. He highlights bullish and bearish trends in the S&P 500 (...
D-Wave Soared 46% On Nvidia's Quantum Bet. Here's The Surprise Winner
Nvidia stock is up about 13% this year.
Quantum Stocks Had a Blowout Week. IonQ, Infleqtion, and Other Names to Watch.
The number of public quantum companies is steadily growing. These players are stealing the spotlight.
Quantum stocks on pace for a massive week after Nvidia debuts AI models to boost the tech
Quantum computing stocks have rallied this week after Nvidia announced new open-source AI models designed to advance the promising technology. IonQ, D-Wave Quantum, Quantum Computing and Rigetti Compu...
Quantum computing stocks are back on the rise. Here's why IONQ, QBTS, RGTI, and QUBT are up
Yesterday was World Quantum Day, a day dedicated to raising awareness of the physics that powers the quantum computers of tomorrow.
D-Wave CEO Brings Commercial Quantum Computing to the Center of Global Economic and Technology Discussions at Semafor World Economy and QED-C Quantum Summit
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
D-Wave to Premiere “Quantum Matters” Podcast
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, soft...
D-Wave to Present Scientific Advancements in Annealing and Gate-Model Quantum Computing at APS Global Physics Summit
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company, providing both annealing and gate-model systems, sof...
D-Wave (QBTS) CEO on Earnings, Quantum Computing Profits & Acquisitions
Dr. Alan Baratz, CEO of D-Wave (QBTS), talks about what he calls a "great year" for the company in 2025, and the profitability path the latest earnings paves. He notes 2026 sales of D-Wave's quantum c...