D-Wave Quantum Inc. (QBTS)
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- symbol QBTS
- Rev/Share 0.0706
- Book/Share 1.9595
- PB 14.9884
- Debt/Equity 0.0115
- CurrentRatio 54.6763
- ROIC -0.1007
- MktCap 10161399970.0
- FreeCF/Share -0.16
- PFCF -185.5658
- PE -25.2012
- Debt/Assets 0.0089
- DivYield 0
- ROE -0.9758
- Rating C-
- Score 1
- Recommendation Strong Sell
- P/E Score 1
- DCF Score 1
- P/B Score 1
- D/E Score 3
Recent Analyst Ratings
| Type | Ticker | Analyst Firm | Previous Rating | Current Rating | Previous Price Target | Current Price Target | Date |
|---|---|---|---|---|---|---|---|
| Initiation | QBTS | Stifel | -- | Buy | -- | $26 | Aug. 5, 2025 |
| Initiation | QBTS | Rosenblatt | -- | Buy | -- | $30 | July 29, 2025 |
| Initiation | QBTS | Canaccord Genuity | -- | Buy | -- | $20 | July 23, 2025 |
| Initiation | QBTS | Cantor Fitzgerald | -- | Overweight | -- | $20 | July 2, 2025 |
News
Quantum Stock Tracker: IonQ, Rigetti, D-Wave Report Q3 Earnings
Published: November 11, 2025 by: Benzinga
Sentiment: Neutral
Quantum stocks are in focus as the Q3 earnings season rolls on. Here's a look at the reports from companies that have reported and estimates for one that is still ahead.
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QBTS Q3 Review: Hybrid Gains and R&D Discipline Drive Outlook
Published: November 11, 2025 by: Zacks Investment Research
Sentiment: Positive
QBTS advances hybrid computing and R&D efficiency in Q3, underscoring a focused path toward scalable quantum solutions.
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An Earnings Win With a Stock Slump: What's Happening With D-Wave?
Published: November 10, 2025 by: MarketBeat
Sentiment: Neutral
One of the most-hyped earnings reports of the quantum industry this season ended not with a rally, but a retreat. Shares of D-Wave Quantum Inc. NYSE: QBTS fell by nearly 22% in the first full week of trading in November 2025, closing the week under $30 per share.
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D-Wave Quantum Inc. (QBTS) Q3 2025 Earnings Call Transcript
Published: November 06, 2025 by: Seeking Alpha
Sentiment: Neutral
D-Wave Quantum Inc. ( QBTS ) Q3 2025 Earnings Call November 6, 2025 8:00 AM EST Company Participants Kevin Hunt Alan Baratz - President, CEO & Director John Markovich - Chief Financial Officer Conference Call Participants Harsh Kumar - Piper Sandler & Co., Research Division Troy Jensen - Cantor Fitzgerald & Co., Research Division David Williams - The Benchmark Company, LLC, Research Division Quinn Bolton - Needham & Company, LLC, Research Division William Kingsley Crane - Canaccord Genuity Corp., Research Division Craig Ellis - B. Riley Securities, Inc., Research Division Sujeeva De Silva - ROTH Capital Partners, LLC, Research Division …
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‘We're the Only Real Quantum Company': The 3 Lines That Define D-Wave's Hype Cycle
Published: November 06, 2025 by: 24/7 Wall Street
Sentiment: Positive
D-Wave Quantum (QBTS) reported revenue doubled year over year while cash reserves surged over 2,700% to $836M, driven largely by warrant exercises.
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QBTS Q3 Earnings Miss Estimates, Revenues Rise Y/Y, Stock Climbs
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Negative
D-Wave Quantum posts a wider Q3 loss but double revenues year over year, lifts margins sharply and gains on strong customer momentum.
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D-Wave Quantum Inc. (QBTS) Reports Q3 Loss, Tops Revenue Estimates
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Negative
D-Wave Quantum Inc. (QBTS) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.11 per share a year ago.
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Will D-Wave (QBTS) Stock Keep Rallying, or Will the Bubble Burst? Here's What Traders Are Betting On
Published: November 04, 2025 by: 24/7 Wall Street
Sentiment: Positive
D-Wave Quantum (NYSE:QBTS ) has been on a rally that exceeded bullish expectations several times over.
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IONQ vs RGTI vs QBTS: Which Quantum Computing Stock Should You Buy in November 2025?
Published: November 03, 2025 by: 24/7 Wall Street
Sentiment: Neutral
The quantum computing space has been heating up rapidly, but we're still in the early stages.
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QS Stock Or QBTS Stock: Which Future Tech Wins?
Published: October 29, 2025 by: Forbes
Sentiment: Neutral
Both QuantumScape and D-Wave Quantum have captivated investor interest with their innovative technologies and impressive 2025 returns of approximately 200% year-to-date. But if you were to select just one for the upcoming phase of the tech revolution, which would you choose?
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D-Wave Quantum Gains Nvidia's NVQLink Tailwind Ahead Of Q3 ER (Rating Upgrade)
Published: October 29, 2025 by: Seeking Alpha
Sentiment: Positive
D-Wave Computing (QBTS) is upgraded to Buy, driven by positive quantum sector developments and Nvidia's NVQLink announcement. QBTS stands out for commercial viability, rapid revenue growth, and a unique quantum annealing approach, differentiating it from peers like IonQ and Rigetti. Nvidia's NVQLink is seen as a major catalyst for QBTS, potentially accelerating demand and bridging the gap between quantum and classical computing.
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Will D-Wave's Federal Government Boost Last?
Published: October 28, 2025 by: MarketBeat
Sentiment: Neutral
D-Wave Quantum Inc. NYSE: QBTS experienced an unusually volatile week in mid-October 2025, even relative to other turbulent periods in the quantum computing star's recent history. Shares plummeted from close to $40 to under $27 each before partially reversing course late in the week, leaving the firm with a five-day return of -17.6%.
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Why D-Wave Quantum Stock Plummeted This Week
Published: October 26, 2025 by: The Motley Fool
Sentiment: Negative
D-Wave stock suffered a sell-off after the company announced that it was executing all of its public warrants. When holders move to exercise their warrants in exchange for stock, it will have a dilutive impact on current shareholders.
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Quantum Stock Tracker: Rigetti, D-Wave, IonQ's Bumpy Week
Published: October 24, 2025 by: Benzinga
Sentiment: Neutral
Quantum stocks were volatile and in the spotlight following reports that the Trump administration may be interested in investing in the sector.
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Despite Trump Administration Denials, Quantum Stocks Keep Leaping Higher
Published: October 24, 2025 by: 24/7 Wall Street
Sentiment: Positive
Traders Are Actively Buying These Stocks Right Now
Published: October 24, 2025 by: 24/7 Wall Street
Sentiment: Neutral
Quantum stocks stayed higher after Trump administration's denial of equity talks. Here's why
Published: October 23, 2025 by: CNBC
Sentiment: Positive
The Trump administration is denying that it is "currently" in talks with quantum computing companies to take an equity stake. Shares of IonQ, Rigetti Computing, and D-Wave Quantum were all still higher despite the statement from the Commerce Department.
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Quantum computing stocks: IonQ, Rigetti, D-Wave, and QUBT are soaring again today. Does Trump want in?
Published: October 23, 2025 by: Fast Company
Sentiment: Positive
It's been a wild 24 hours for the stock prices of America's “big four” publicly traded quantum computing companies, which include D-Wave, IonQ, Quantum Computing Inc., and Rigetti.
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The Latest Trump Trade Is Here—And It's Lifting Quantum Computing Stocks
Published: October 23, 2025 by: Investopedia
Sentiment: Neutral
A new White House trade is here.
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4 Stocks Traders Are Buying Hand Over Fist Today
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Neutral
Quantum Computing Stocks Rally on Government Stake Talks
Published: October 23, 2025 by: Schaeffers Research
Sentiment: Positive
Quantum computing stocks have lost a little luster lately, as Wall Street catches up to their valuations.
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Quantum computing firms surge as Trump administration reportedly explore equity stakes
Published: October 23, 2025 by: Proactive Investors
Sentiment: Positive
The Trump administration is in discussions with several quantum computing companies about taking equity stakes in exchange for federal funding, according to a Wall Street Journal report. Companies involved in the talks include IonQ (NYSE:IONQ), Rigetti Computing (NASDAQ:RGTI), and D-Wave Quantum (NYSE:QBTS), while others such as Quantum Computing Inc. (OTCQB:QUBT) and Atom Computing are considering similar arrangements, according to the Journal, citing anonymous sources familiar with the matter.
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Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
Published: October 23, 2025 by: 24/7 Wall Street
Sentiment: Positive
The Wall Street Journal reports the Trump administration is eyeing stakes in quantum firms.
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Will D-Wave's European Expansion Keep Fueling the Rally?
Published: October 21, 2025 by: MarketBeat
Sentiment: Neutral
Shares have nearly quadrupled in value this year, but as of the middle of October, it appears QBTS could be reversing course. The stock has fallen after reaching nearly $45 each on Oct. 15.
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QBTS Investment Check Before Q3 Earnings: Liquidity Solid Amid Risks
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Positive
D-Wave Quantum's liquidity looks solid ahead of Q3 earnings, but stretched valuation and ongoing losses cloud its near-term appeal.
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Quantum Stocks Are Surging on JPMorgan's $10 Billion Gold Rush
Published: October 15, 2025 by: 24/7 Wall Street
Sentiment: Positive
JPMorgan Chase ( NYSE:JPM ) CEO Jamie Dimon ignited fresh momentum in quantum computing with the launch on Monday of the bank's Security & Resiliency Initiative.
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Swiss Quantum Technology SA Signs €10M Agreement to Deploy D-Wave Advantage2 Annealing Quantum Computer
Published: October 15, 2025 by: Business Wire
Sentiment: Neutral
PALO ALTO, Calif. & COMO, Italy--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced an agreement with Swiss Quantum Technology SA (“SQT”) to deploy a D-Wave Advantage2TM annealing quantum computer in Europe. Announced today at Digital Innovation Forum - ComoLake 2025, the agreement represents a €10M commitment from SQT, with an.
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Quantum computing stocks soared again yesterday. The reason why may surprise even their biggest boosters
Published: October 14, 2025 by: Fast Company
Sentiment: Positive
Shares in America's “Quantum Four” quantum computing companies surged again yesterday. D-Wave, IonQ, Quantum Computing, and Rigetti all saw their stock prices jump by double-digit percentages.
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Investing in Quantum: IONQ, Rigetti & D-Wave Ahead of Q3 2025 Earnings
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive
IONQ, RGTI, and QBTS strengthen liquidity, hit key tech milestones and expand partnerships ahead of Q3 earnings.
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Rigetti, D-Wave, IonQ Could Get JPMorgan's Support—Quantum Stocks Take Off
Published: October 13, 2025 by: Benzinga
Sentiment: Positive
Quantum computing stocks rallied on Monday as broader markets breathed a sigh of relief after President Trump appeared to cool trade tensions with China.
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About D-Wave Quantum Inc. (QBTS)
- IPO Date 2020-12-11
- Website https://www.dwavesys.com
- Industry Computer Hardware
- CEO Alan E. Baratz
- Employees 216