D Wave Quantum Inc (QBTS)

Currency in USD
17.010
-1.170(-6.44%)
Closed·
16.970-0.040(-0.24%)
·
QBTS Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
QBTS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
16.52017.895
52 wk Range
0.80020.560
Key Statistics
Prev. Close
18.18
Open
17.76
Day's Range
16.52-17.895
52 wk Range
0.8-20.56
Volume
45.63M
Average Volume (3m)
64.45M
1-Year Change
1,729.23%
Book Value / Share
2.24
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
22.200
Upside
+30.51%
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
Strong 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 Q2/2025

  • Q2 2025 revenue up 42% YoY to $3.1M, beating estimates; EPS of -$0.08 missed forecasts, stock down 4.15% pre-market
  • Cash position surged to $819.3M, boosted by $500M+ equity raise; adjusted EBITDA loss widened to $20M from $13.9M YoY
  • Launched Advantage Two quantum computer; expects 15% increase in quarterly non-GAAP operating expenses for M&A and R&D
  • CEO highlights customer value realization; CFO optimistic about potential to be first profitable independent quantum computing firm
  • Company targets M&A announcements in 2025, focusing on advancing annealing and gate model quantum systems
Last Updated: 07/08/2025, 16:20
Read Full Transcript

Compare QBTS to Peers and Sector

Metrics to compare
QBTS
Peers
Sector
Relationship
P/E Ratio
−20.7x−19.0x11.8x
PEG Ratio
0.13−0.760.01
Price/Book
8.4x2.3x2.4x
Price / LTM Sales
261.2x5.3x2.2x
Upside (Analyst Target)
23.5%42.9%19.3%
Fair Value Upside
Unlock18.0%4.6%Unlock

Analyst Ratings

10 Buy
0 Hold
0 Sell
Ratings:
10 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 22.200
(+30.51% Upside)

Earnings

Latest Release
Aug 07, 2025
EPS / Forecast
-0.08 / -0.05
Revenue / Forecast
3.10M / 2.59M
EPS Revisions
Last 90 days

QBTS Income Statement

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FAQ

What Stock Exchange Does D Wave Quantum Trade On?

D Wave Quantum is listed and trades on the New York Stock Exchange 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 5.82B.

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

The D Wave Quantum EPS (TTM) is -1.10.

When Is the Next D Wave Quantum Earnings Date?

D Wave Quantum will release its next earnings report on 05 Nov 2025.

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 Neutral.

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 17 Aug 2025, D Wave Quantum (QBTS) is trading at a price of 17.01, with a previous close of 18.18. The stock has fluctuated within a day range of 16.52 to 17.90, while its 52-week range spans from 0.80 to 20.56.
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