D-Wave Quantum Stock Surges 219% in 2025 Amid Rising Investor Interest
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- Stock Surge: D-Wave Quantum's stock has surged 219% in 2025, reflecting strong investor interest in quantum computing technology, despite the company reporting only $3.7 million in revenue.
- Key Conference: D-Wave will hold its annual Qubits quantum computing user conference on January 27-28, 2026, where it will share its technology development roadmap and demonstrate the measurable impact of its quantum computers, drawing investor attention.
- Market Valuation: With a market cap of $9 billion, D-Wave is currently trading at 323 times its trailing sales, indicating a high-risk investment profile, with future growth potential still to be assessed.
- Industry Outlook: Although the quantum computing industry is still in its early stages, D-Wave's technological advancements and commercial applications are gradually evolving, and the Qubits conference will provide investors with crucial insights into the company's future growth opportunities.
QBTS
$27.52+Infinity%1D
Analyst Views on QBTS
Wall Street analysts forecast QBTS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QBTS is 38.89 USD with a low forecast of 35.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 29.120
Low
35.00
Averages
38.89
High
48.00
Current: 29.120
Low
35.00
Averages
38.89
High
48.00
About QBTS
D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





