Claim 30% Off TipRanks Premium
- Trade QBTS with leverage
- New trading tool for QBTS bulls/bears
- Forget margin or options. Here's how the pros trade QBTS
D-Wave Quantum ( (QBTS) ) has issued an update.
On February 19, 2026, D-Wave Quantum Inc. announced that it had joined the newly formed Southeastern Quantum Collaborative as an inaugural member alongside the University of Alabama in Huntsville, Davidson Technologies, IBM and Alabama A&M University. The collaborative aims to unite academia, industry and government across the U.S. Southeast to accelerate quantum information science, advance practical applications, and build a quantum-ready workforce.
D-Wave’s existing Advantage2 system hosted at Davidson’s Huntsville, Alabama headquarters gives the company a central role in supporting workforce development and operational use cases for regional partners. Executives from D-Wave, UAH and Davidson emphasized that leveraging the Southeast’s concentration of cleared defense infrastructure and prime contractors could turn the region into a global quantum computing hub, speeding deployment of quantum capabilities for mission planning, complex operations optimization and national security.
The most recent analyst rating on (QBTS) stock is a Hold with a $22.00 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 (ongoing losses and negative operating/free cash flow) and bearish technical conditions (below key moving averages with negative MACD). Offsetting factors include constructive earnings-call momentum (strong YoY revenue growth and large cash balance) and positive corporate developments (notable enterprise/QCaaS and system deals plus the Quantum Circuits acquisition), while valuation remains hard to assess given the negative P/E and no dividend.
To see Spark’s full report on QBTS stock, click here.
More about D-Wave Quantum
D-Wave Quantum Inc., listed on the NYSE under the ticker QBTS, is a leader in quantum computing systems, software and services, and was the world’s first commercial supplier of quantum computers. The company is the only provider offering dual-platform quantum computing, spanning both annealing and gate-model technologies, delivered via on-premises systems and its Leap cloud service to more than 100 commercial, government and research customers worldwide.
D-Wave focuses on helping enterprises tackle complex computational problems, positioning itself at the intersection of cutting-edge quantum research and real-world industrial, logistical, energy, and defense applications. Its Advantage2 annealing system underpins multiple mission-planning and optimization use cases, reinforcing the company’s role as a key infrastructure and technology partner in the emerging quantum ecosystem.
Average Trading Volume: 33,650,575
Technical Sentiment Signal: Hold
Current Market Cap: $6.88B
Find detailed analytics on QBTS stock on TipRanks’ Stock Analysis page.