D-Wave Quantum Enters $400M Sales Agreement

D-Wave Quantum ( (QBTS) ) has shared an announcement.

On June 10, 2025, D-Wave Quantum Inc. entered into a sales agreement with several financial agents, allowing the company to sell up to $400 million in common stock. The proceeds from these sales are intended for general corporate purposes, including capital expenditures and potential acquisitions, supporting the company’s path to profitability.

The most recent analyst rating on (QBTS) stock is a Buy with a $2.25 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 of 59 reflects its strong technical momentum and positive sentiment from recent earnings and corporate events. However, the score is tempered by financial challenges, including persistent losses and negative cash flow, as well as valuation concerns due to a negative P/E ratio and lack of dividends.

To see Spark’s full report on QBTS stock, click here.

More about D-Wave Quantum

D-Wave Quantum Inc. operates in the quantum computing industry, focusing on developing and selling quantum computing systems, software, and services. The company aims to leverage its technology for various applications across industries, enhancing computational capabilities and solving complex problems.

Average Trading Volume: 78,268,175

Technical Sentiment Signal: Buy

Current Market Cap: $5.78B

Learn more about QBTS stock on TipRanks’ Stock Analysis page.