D-Wave Quantum Secures $15.3 Million from Warrant Exercise

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

Between May 30, 2025, and June 3, 2025, D-Wave Quantum Inc. secured approximately $15.3 million from the exercise of 1.33 million warrants for common stock at $11.50 each. This followed a previous receipt of $80.5 million on May 29, 2025, from the exercise of 7 million warrants, linked to the company’s merger with DPCM Capital, Inc. on August 5, 2022, indicating a significant capital influx to support its operations.

The most recent analyst rating on (QBTS) stock is a Buy with a $8.50 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 reflects a mix of strong revenue growth and technical achievements balanced against significant financial challenges and valuation risks. The positive momentum in technical analysis and corporate events are notable strengths, while persistent losses and cash flow issues weigh heavily on the overall assessment.

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 the development and commercialization of quantum computing systems and software. The company aims to provide advanced computational solutions to various sectors, enhancing problem-solving capabilities through quantum technology.

Average Trading Volume: 76,434,289

Technical Sentiment Signal: Buy

Current Market Cap: $5B

For detailed information about QBTS stock, go to TipRanks’ Stock Analysis page.