
QUBT could benefit as Microsoft's accelerated quantum-safe security push boosts focus on post-quantum cybersecurity, with analysts seeing 111% upside.
D-Wave Quantum Inc. develops and offers quantum computing systems, software and services worldwide. The company is headquartered in Burnaby, Canada.
| Revenue (TTM) | $12.44M |
| Gross Profit (TTM) | $8.25M |
| EBITDA | $-138.81M |
| Operating Margin | -1915.00% |
| Return on Equity | -55.30% |
| Return on Assets | -11.80% |
| Revenue/Share (TTM) | $0.04 |
| Book Value | $3.04 |
| Price-to-Book | 7.42 |
| Price-to-Sales (TTM) | 614.43 |
| EV/Revenue | 627.17 |
| EV/EBITDA | -2.06 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -80.90% |
| Shares Outstanding | $367.27M |
| Float | $358.15M |
| % Insiders | 2.19% |
| % Institutions | 48.99% |
Volatility is currently contracting

QUBT could benefit as Microsoft's accelerated quantum-safe security push boosts focus on post-quantum cybersecurity, with analysts seeing 111% upside.

D-Wave Quantum Inc (NYSE:QBTS) was last seen off 2.7% to trade at $20.50, poised to nab its fifth loss in the past five sessions and trading at its lowest levels in over a month.

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software, and services, today announced it has been named a Leader in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment (doc #US54125526, June 2026, the “IDC MarketScape”). The IDC MarketScape evaluated quantum computing companies based on their current capabilities and future st.

Quantum computing stocks are speculative, pre-profit bets, well outside core-portfolio territory, on a technology that even NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang once suggested is likely at least 15 years away from large-scale commercialization.

For years, progress in quantum computing has been comparable to one of its core principles – quantum superposition – in that it has simultaneously been continuously impressive and failed to produce a decisive breakthrough, all the while defaulting to the latter, somewhat disappointing side whenever scrutinized.

The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.

Although the growth rates coming out of the quantum computing segment look genuinely spectacular on paper, Wall Street has stood on this exact ledge before, and the fall has never been gentle.

QBTS gets a $1.5M NSF grant to support fault-tolerant quantum computing research, extending U.S. government backing as it advances dual-rail technology.

Quantum computing is the ultimate long-duration bet. The physics works, commercial revenue is thin, and every pure-play player is burning cash toward a payoff years away.

As with the AI industry, investors often push the quantum computing industry aside as a "bubble." In both cases, however, it's important to acknowledge what this might mean.