D Wave Quantum Inc (QBTS)

Currency in USD
18.780
-1.360(-6.75%)
Closed·
17.730-1.050(-5.59%)
·
Unusual Pre-Market activity
QBTS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
17.65219.500
52 wk Range
4.45046.750
Key Statistics
Prev. Close
18.78
Open
19.415
Day's Range
17.652-19.5
52 wk Range
4.45-46.75
Volume
27.47M
Average Volume (3m)
32.93M
1-Year Change
242.7007%
Book Value / Share
2.43
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
QBTS Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
37.610
Upside
+100.27%
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
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

D Wave Quantum Inc 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 Q4/2025

  • Q4 2025 revenue reached $2.75M, up 19% YoY but missed $3.72M forecast by 26%; EPS of -$0.09 also missed -$0.06 estimate by 50%.
  • Full-year revenue surged 179% to $24.6M with 83% gross margin; Q4 net loss narrowed to $42.3M from $86.1M year-ago despite earnings miss.
  • Stock rose 5.29% to $20.69 in premarket despite misses, reflecting investor confidence in quantum computing advances and strong post-quarter bookings.
  • CEO Baratz emphasized Advantage2 system positions company uniquely; FY2026 guidance projects continued revenue growth with Q1 EPS at -$0.06.
  • Key risks include meeting revenue forecasts, intensifying competition from tech giants in quantum computing, and potential economic headwinds affecting spending.
Last Updated: 2026-02-26, 09:46 a/m
Read Full Transcript

Compare QBTS to Peers and Sector

Metrics to compare
QBTS
Peers
Sector
Relationship
P/E Ratio
−19.6x−16.4x12.7x
PEG Ratio
0.410.000.01
Price/Book
8.2x3.7x2.4x
Price / LTM Sales
282.5x4.3x2.4x
Upside (Analyst Target)
113.0%73.6%24.3%
Fair Value Upside
Unlock19.7%4.0%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 37.610
(+100.27% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Mizuho
Buy40.00+112.99%46.00MaintainFeb 27, 2026
Evercore ISI
Buy42.00+123.64%44.00MaintainFeb 26, 2026
TD Cowen
Buy---New CoverageFeb 12, 2026
Canaccord Genuity
Buy43.00+128.97%41.00MaintainJan 29, 2026
Cantor Fitzgerald
Buy40.00+112.99%-MaintainJan 08, 2026

Earnings

Latest Release
Feb 26, 2026
EPS / Forecast
-0.09 / -0.06
Revenue / Forecast
2.75M / 3.72M
EPS Revisions
Last 90 days

QBTS Income Statement

People Also Watch

37.45
NVO
-0.45%
17.420
RGTI
-6.55%
79.56
CRWV
-18.51%
38.37
IONQ
-6.14%
91.19
NBIS
-13.05%

FAQ

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

The D Wave Quantum stock price today is 18.780 USD.

What Stock Exchange Does D Wave Quantum Trade On?

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

What Is the Stock Symbol for D Wave Quantum?

The stock symbol for D Wave Quantum is "QBTS."

What Is the D Wave Quantum Market Cap?

As of today, D Wave Quantum market cap is 6.950B USD.

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

The D Wave Quantum EPS (TTM) is -1.110.

When Is the Next D Wave Quantum Earnings Date?

D Wave Quantum will release its next earnings report on May 20, 2026.

From a Technical Analysis Perspective, Is QBTS a Buy or Sell?

Based on 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.

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 Mar 02, 2026, D Wave Quantum (QBTS) is trading at a price of 18.780 USD, with a previous close of 18.780 USD. The stock has fluctuated within a day range of 17.652 USD to 19.500 USD, while its 52-week range spans from 4.450 USD to 46.750 USD.

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

The average 12-month price target for D Wave Quantum is 37.610 USD, with a high estimate of 45 USD and a low estimate of 22.54 USD. 14 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Strong Buy. The stock has an +100.27% Upside potential.

What Is the QBTS Premarket Price?

QBTS's last pre-market stock price is 17.730 USD. The pre-market share volume is 926,960.000, and the stock has decreased by -1.050, or -5.590%.

What Is the QBTS After Hours Price?

QBTS's last after hours stock price is 17.660 USD, the stock has decreased by -1.120, or -5.960%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.