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D-Wave Quantum ( (QBTS) ) just unveiled an announcement.
On December 2, 2025, D-Wave Quantum Inc. announced the formation of a new business unit focused on promoting its quantum computing products and services to the U.S. government. Led by Jack Sears Jr., a seasoned executive with extensive experience in government contracting, the unit aims to address the growing demand for quantum applications in national security, defense, and infrastructure. Sears will oversee the development of secure systems that meet federal requirements and will support D-Wave’s initiatives with the U.S. government. The company also revealed that its Advantage2TM quantum computer is operational at Davidson Technologies in Alabama, expected to address mission-critical government problems and eventually run sensitive applications.
The most recent analyst rating on (QBTS) stock is a Hold with a $22.50 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 stock score is primarily impacted by its financial performance, which is hindered by ongoing losses and cash flow issues. Technical analysis also indicates bearish momentum. Valuation challenges are evident with a negative P/E ratio. The company’s strong gross margins and low leverage are positive aspects, but they are overshadowed by the need for improved profitability and cash flow.
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 its technology being applied to various use cases such as optimization, artificial intelligence, and research.
Average Trading Volume: 53,026,057
Technical Sentiment Signal: Buy
Current Market Cap: $7.5B
For detailed information about QBTS stock, go to TipRanks’ Stock Analysis page.