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Explore QBTX for 2X leverage on QBTSD-Wave Quantum ( (QBTS) ) just unveiled an announcement.
On May 12, 2026, D-Wave Quantum Inc. disclosed that its Form 10-Q for the quarter ended March 31, 2026 contained an error on the cover page regarding the number of outstanding common shares. The filing initially reported 366,737,601 common shares outstanding as of May 11, 2026, but the correct figure was 367,269,074 common shares, excluding 3,176,096 exchangeable shares, clarifying the company’s capital structure for investors and regulators.
The adjustment represents a modest increase in the reported share count and serves to align the company’s public disclosures with its actual outstanding equity as of that date. While the correction is technical in nature and does not indicate a broader operational issue, it is relevant for stakeholders tracking ownership dilution, market capitalization, and regulatory reporting accuracy.
The most recent analyst rating on (QBTS) stock is a Buy with a $45.00 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.
The score is held back primarily by weak financial performance (large losses and ongoing cash burn) despite strong revenue growth and improved margins. Offsetting this are supportive earnings-call signals around commercial momentum and liquidity, plus moderately positive near-term technicals; valuation remains constrained by the lack of profitability and no dividend support.
To see Spark’s full report on QBTS stock, click here.
More about D-Wave Quantum
D-Wave Quantum Inc. is a company operating in the quantum computing industry, focusing on quantum hardware and related technologies. Its primary activities center on the development and commercialization of quantum computing solutions for enterprise and research customers seeking advanced computational capabilities.
Average Trading Volume: 26,825,821
Technical Sentiment Signal: Strong Buy
Current Market Cap: $8.28B
Find detailed analytics on QBTS stock on TipRanks’ Stock Analysis page.

