D Wave Quantum Inc (QBTS)

Currency in USD
30.200
-1.070(-3.42%)
Closed·
29.760-0.440(-1.46%)
·
QBTS is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
30.09032.155
52 wk Range
3.74046.750
Key Statistics
Prev. Close
30.2
Open
31.1
Day's Range
30.09-32.155
52 wk Range
3.74-46.75
Volume
36.72M
Average Volume (3m)
43.52M
1-Year Change
215.92%
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
38.967
Upside
+29.03%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year

D Wave Quantum Inc News & Analysis

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Technical Analysis

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

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 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, 15:20
Read Full Transcript

Compare QBTS to Peers and Sector

Metrics to compare
QBTS
Peers
Sector
Relationship
P/E Ratio
−26.5x−15.1x12.2x
PEG Ratio
0.120.010.01
Price/Book
15.8x7.7x2.4x
Price / LTM Sales
437.9x9.0x2.3x
Upside (Analyst Target)
32.5%53.1%22.1%
Fair Value Upside
Unlock4.8%3.5%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 38.967
(+29.03% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wedbush
Buy35.00+15.89%-New CoverageDec 17, 2025
Jefferies
Buy45.00+49.01%-New CoverageDec 16, 2025
Mizuho
Buy46.00+52.32%-New CoverageDec 11, 2025
Evercore ISI
Buy44.00+45.70%-New CoverageDec 03, 2025
Benchmark
Buy35.00+15.89%20.00MaintainNov 10, 2025

Earnings

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

QBTS Income Statement

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FAQ

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

The D Wave Quantum (QBTS) premarket price is 29.760. Premarket price change units: -0.440. Premarket percentage change: -1.460%. Premarket volume: 28,220.000. Current date: 08 Jan 2026. Previous close: 30.200

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 (QBTS) Afterhours Price Today? (Afterhours variable test: 29.940) Current Date: 08 Jan 2026

After hours price: 29.940. After hours price change (units): -0.260. Price change percentage: -0.860%

What Is the D Wave Quantum Market Cap?

As of today, D Wave Quantum market cap is 10.57B.

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

The D Wave Quantum EPS (TTM) is -1.37.

When Is the Next D Wave Quantum Earnings Date?

D Wave Quantum will release its next earnings report on 09 Apr 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 Buy.

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 08 Jan 2026, D Wave Quantum (QBTS) is trading at a price of 30.200, with a previous close of 30.200. The stock has fluctuated within a day range of 30.090 to 32.155, while its 52-week range spans from 3.740 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 USD38.96714, with a high estimate of USD48 and a low estimate of USD22.54. 13 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Strong Buy. The stock has an +29.03% Upside potential.

What Is the QBTS Premarket Price?

QBTS's last pre-market stock price is 29.760. The pre-market share volume is 28,220.000, and the stock has decreased by -0.440, or -1.460%.

What Is the QBTS After Hours Price?

QBTS's last after hours stock price is 29.940, the stock has decreased by -0.260, or -0.860%.
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