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D-Wave Quantum (QBTS)
NYSE:QBTS
QBTS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.80 - $20.56
Previous CloseN/A
Volume94.73M
Average Volume (3M)45.43M
Market Cap
$5.82B
Enterprise Value$3.65B
Total Cash (Recent Filing)$304.32M
Total Debt (Recent Filing)$8.09M
Price to Earnings (P/E)―
Beta2.24
Next Earnings
Nov 06, 2025EPS Estimate
-0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding338,605,160
10 Day Avg. Volume47,206,948
30 Day Avg. Volume45,431,460
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.63
Enterprise Value/Revenue170.68
Enterprise Value/Gross Profit205.06
Enterprise Value/Ebitda-27.29
Forecast
1Y Price Target
$21.71Price Target Upside31.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Bulls Say, Bears Say
Bulls Say
Revenue GrowthD-Wave's Q2 revenue of $3.1M significantly exceeded consensus estimates, indicating strong performance.
Strategic PartnershipsThe announcement of a new strategic initiative in partnership with NASA's Jet Propulsion Lab could accelerate product development and enhance the company's technology offerings.
Technological AdvancementsD-Wave introduced its sixth-generation quantum system, Advantage2, which delivers enhanced coherence, energy scale, and connectivity to address computational problems beyond the reach of classical systems.
Bears Say
Competitive PressureDespite being the only quantum computing company with systems in daily business operations, increasing competition in the quantum computing space could impact D-Wave's market position.
Dependence On PartnershipsHeavy reliance on strategic partnerships, such as with NASA, could pose risks if these collaborations do not yield expected results.
D-Wave Quantum News
QBTS FAQ
What was D-Wave Quantum’s price range in the past 12 months?
D-Wave Quantum lowest stock price was $0.80 and its highest was $20.56 in the past 12 months.
What is D-Wave Quantum’s market cap?
D-Wave Quantum’s market cap is $5.82B.
When is D-Wave Quantum’s upcoming earnings report date?
D-Wave Quantum’s upcoming earnings report date is Nov 06, 2025 which is in 79 days.
How were D-Wave Quantum’s earnings last quarter?
D-Wave Quantum released its earnings results on Aug 07, 2025. The company reported -$0.08 earnings per share for the quarter, missing the consensus estimate of -$0.051 by -$0.029.
Is D-Wave Quantum overvalued?
According to Wall Street analysts D-Wave Quantum’s price is currently Undervalued.
Does D-Wave Quantum pay dividends?
D-Wave Quantum does not currently pay dividends.
What is D-Wave Quantum’s EPS estimate?
D-Wave Quantum’s EPS estimate is -0.07.
How many shares outstanding does D-Wave Quantum have?
D-Wave Quantum has 338,605,160 shares outstanding.
What happened to D-Wave Quantum’s price movement after its last earnings report?
D-Wave Quantum reported an EPS of -$0.08 in its last earnings report, missing expectations of -$0.051. Following the earnings report the stock price went down -2.332%.
Which hedge fund is a major shareholder of D-Wave Quantum?
Currently, no hedge funds are holding shares in QBTS
D-Wave Quantum Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$21.71 (31.10% Upside)
$21.71 (31.10% Upside)
Blogger Sentiment
Neutral
QBTS Sentiment 50%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $19.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 7.2%
Last 30 Days ▲ 7.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1711.50%
12-Months-Change
Fundamentals
Return on Equity
-83.70%
Trailing 12-Months
Asset Growth
1264.81%
Trailing 12-Months
Company Description
D-Wave Quantum
D-Wave Quantum Inc. (QBTS) is a leader in the development and delivery of quantum computing systems, software, and services. The company operates in the rapidly evolving quantum computing sector, focusing on providing accessible and practical quantum computing solutions for businesses and researchers. D-Wave's core products include quantum computers, quantum annealers, and a cloud-based quantum computing platform, Leap, which allows users to build and run quantum applications.
QBTS Company Deck
QBTS Earnings Call
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
D-Wave's earnings call reflects significant technical progress and strong financial positioning, highlighted by the successful launch of the Advantage2 quantum computer and a strong cash reserve. However, these positives are tempered by a substantial net loss and slower-than-expected deal closures, suggesting a balanced outlook.View all QBTS earnings summariesQBTS Stock 12 Month Forecast
Average Price Target
$21.71
▲(31.10% Upside)
Technical Analysis
Ownership Overview
7.67% Insiders
4.95% Mutual Funds
3.31% Other Institutional Investors
71.91% Public Companies and Individual Investors