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D-Wave Quantum ( (QBTS) ) has issued an update.
On November 13, 2025, D-Wave Quantum Inc. announced the redemption of all outstanding public warrants to purchase shares of its common stock, with a deadline for exercise set for November 19, 2025. The company expects the warrants to cease trading on the New York Stock Exchange by November 17, 2025, and holders are reminded to exercise their warrants before the deadline to avoid them becoming void.
The most recent analyst rating on (QBTS) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on D-Wave Quantum stock, see the QBTS Stock Forecast page.
Spark’s Take on QBTS Stock
According to Spark, TipRanks’ AI Analyst, QBTS is a Neutral.
D-Wave Quantum’s overall stock score is primarily influenced by its financial challenges, including persistent losses and cash flow issues. While the earnings call highlighted strong revenue growth and a solid cash position, the technical indicators suggest a bearish trend, and the valuation metrics are unattractive due to the lack of profitability.
To see Spark’s full report on QBTS stock, click here.
More about D-Wave Quantum
D-Wave Quantum Inc. is a leader in the development and delivery of quantum computing systems, software, and services. It is the world’s first commercial supplier of quantum computers and the only company building both annealing and gate-model quantum computers. D-Wave’s mission is to help customers realize the value of quantum computing today, with their systems being used by over 100 organizations for various computational challenges.
Average Trading Volume: 52,490,434
Technical Sentiment Signal: Buy
Current Market Cap: $9.24B
For detailed information about QBTS stock, go to TipRanks’ Stock Analysis page.

