Education
About Us
Working with TipRanks
Follow Us
D-Wave Quantum Inc. (QBTS)
:QBTS
QBTS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.75 - $11.95
Previous CloseN/A
Volume94.73M
Average Volume (3M)38.78M
Market Cap
$2.30B
Enterprise Value$1.82B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.97
Next Earnings
May 08, 2025EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.69
Shares Outstanding287,823,550
10 Day Avg. Volume28,245,579
30 Day Avg. Volume38,779,141
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.79
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit326.73
Enterprise Value/Ebitda-26.31
Forecast
1Y Price Target
$9.50Price Target Upside20.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceD-Wave delivered another quarter of strong results, demonstrating continued progress across its technology, financials, customer base, and business development initiatives.
Product DevelopmentD-Wave reiterated its roadmap, confirming Advantage2 will soon be released with double the coherence time, improved connectivity, and a 40% energy scale boost.
Revenue GrowthThe sale of quantum hardware represents meaningful opportunity, introducing a substantial new revenue stream.
Technological AchievementThe peer-reviewed publication of the company’s quantum supremacy demonstration is a significant achievement and was the highlight since the company’s last earnings release.
Bears Say
Liquidity ConcernsThe recent capital raise eliminates the risk discount driven by much liquidity and dilution concerns, making the story significantly more attractive.
Market ChallengesThe recent balance sheet recapitalization eliminates much of the risk discount that has remained an overhang since its public debut.
---
Ownership Overview
9.34% Insiders
3.43% Mutual Funds
0.12% Other Institutional Investors
79.88% Public Companies and
Individual Investors
QBTS FAQ
What was D-Wave Quantum Inc.’s price range in the past 12 months?
D-Wave Quantum Inc. lowest stock price was $0.75 and its highest was $11.95 in the past 12 months.
What is D-Wave Quantum Inc.’s market cap?
D-Wave Quantum Inc.’s market cap is $2.30B.
When is D-Wave Quantum Inc.’s upcoming earnings report date?
D-Wave Quantum Inc.’s upcoming earnings report date is May 08, 2025 which is in 3 days.
How were D-Wave Quantum Inc.’s earnings last quarter?
D-Wave Quantum Inc. released its earnings results on Mar 13, 2025. The company reported -$0.08 earnings per share for the quarter, missing the consensus estimate of -$0.064 by -$0.016.
Is D-Wave Quantum Inc. overvalued?
According to Wall Street analysts D-Wave Quantum Inc.’s price is currently Undervalued.
Does D-Wave Quantum Inc. pay dividends?
D-Wave Quantum Inc. does not currently pay dividends.
What is D-Wave Quantum Inc.’s EPS estimate?
D-Wave Quantum Inc.’s EPS estimate is -0.04.
How many shares outstanding does D-Wave Quantum Inc. have?
D-Wave Quantum Inc. has 287,823,550 shares outstanding.
What happened to D-Wave Quantum Inc.’s price movement after its last earnings report?
D-Wave Quantum Inc. reported an EPS of -$0.08 in its last earnings report, missing expectations of -$0.064. Following the earnings report the stock price went up 18.729%.
Which hedge fund is a major shareholder of D-Wave Quantum Inc.?
Among the largest hedge funds holding D-Wave Quantum Inc.’s share is Saba Capital Management. It holds D-Wave Quantum Inc.’s shares valued at 0.
---
D-Wave Quantum Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$9.50 (20.10% Upside)
$9.50 (20.10% Upside)
Blogger Sentiment
Neutral
QBTS Sentiment 50%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $90.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
445.51%
12-Months-Change
Fundamentals
Return on Equity
-753.98%
Trailing 12-Months
Asset Growth
236.70%
Trailing 12-Months
Company Description
D-Wave Quantum Inc.
D-Wave Quantum Inc. (QBTS) is a leader in the development and delivery of quantum computing systems, software, and services. Operating within the high-tech and computing sectors, D-Wave specializes in providing quantum solutions that address complex computational challenges across various industries. Their core offerings include quantum computers, cloud-based quantum computing services, and a suite of software tools designed to leverage quantum capabilities for diverse applications.
---
QBTS Company Deck
---
QBTS Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
D-Wave's earnings call highlighted significant achievements in quantum supremacy and a strong financial position, yet also reflected challenges such as flat revenue growth and increased net losses. The record bookings and first Advantage system sale underscore business momentum, while the financial losses indicate a need for careful management moving forward.Read More>---
QBTS Stock 12 Month Forecast
Average Price Target
$9.50
▲(20.10% Upside)
Technical Analysis
---