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QBTS Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
29.950
Open
29.490
VWAP
28.28
Vol
30.34M
Mkt Cap
10.97B
Low
27.380
Amount
858.02M
EV/EBITDA(TTM)
--
Total Shares
366.74M
EV
10.53B
EV/OCF(TTM)
--
P/S(TTM)
820.37
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.
Show More

Events Timeline

(ET)
2026-06-01
07:10:00
D-Wave Quantum Unveils New Quantum Computing Roadmap
select
2026-05-27 (ET)
2026-05-27
15:40:00
D-Wave Quantum Responds to Claims of Quantum Supremacy Being Overturned
select
2026-05-26 (ET)
2026-05-26
12:10:00
D-Wave Quantum Shares Drop 9.5% to $26.61
select
2026-05-26
10:10:00
D-Wave Quantum Stock Falls 9.7% to $26.55
select
2026-05-26
07:20:00
D-Wave Quantum Awarded $25 Million Funding
select

News

Fool
9.5
14:06 PMFool
IonQ Stock Surges Nearly 60% Following Strong Q1 Results
  • Earnings Beat: IonQ reported Q1 2026 revenue of $64.7 million, surpassing analyst expectations of $49.7 million and setting a new company record, indicating strong market demand and growth potential.
  • Profitability Improvement: The company posted diluted earnings per share (EPS) of $2.07, a significant turnaround from a loss of $0.14 per share in Q1 2025, boosting investor confidence in future profitability.
  • Optimistic Guidance: IonQ raised its 2026 revenue outlook to between $260 million and $270 million, with the midpoint suggesting approximately 104% year-over-year growth, reflecting strong confidence in future performance.
  • Technological Advancement: IonQ presold its first 256-qubit system in Q1, with customer systems expected to begin commissioning by the end of Q2 2027, further solidifying its leadership in quantum computing and attracting investor interest.
Fool
8.5
06-02Fool
U.S. Government Invests $2 Billion in Quantum Computing
  • Large Investment Scale: The U.S. Department of Commerce announced a $2 billion investment across nine quantum computing companies under the CHIPS and Science Act, granting the government minority equity stakes in each, highlighting the importance of quantum technology and its potential in AI.
  • Key Companies Funded: International Business Machines (IBM) will receive $1 billion to establish a new quantum foundry subsidiary called Anderon, while GlobalFoundries is raising $375 million to build a complementary foundry, enhancing the domestic manufacturing base for quantum chips.
  • Multiple Companies Benefit: Other firms like D-Wave, Rigetti, and Infleqtion each received up to $100 million to address specific engineering variables and modalities, further advancing the research and development of quantum computing.
  • Investor Focus: While IBM and GlobalFoundries are publicly traded, quantum computing represents a small part of their overall business, prompting investors to be selective and consider pure-play quantum companies like D-Wave and Rigetti, or indirectly invest through Honeywell and Nvidia for quantum exposure.
CNBC
6.5
06-02CNBC
Analysis of Investment Prospects in Shipping Stocks
  • Attraction of Shipping Stocks: ZIM Integrated Shipping Services is gaining attention due to its 14% yield, with analysts suggesting that its value is underestimated in the current war context, recommending investors consider buying for stable returns.
  • Nuclear Energy Investment Risks: Eagle Nuclear Energy is viewed as a purely speculative investment, with analysts expressing caution about its future, advising against heavy investments and urging investors to carefully assess risks.
  • BlackBerry's Technological Potential: BlackBerry's technology in the automotive sector is drawing interest, with analysts believing there is room for stock price increases, indicating potential growth opportunities for the company in emerging markets.
  • Power Solutions International Warning: Power Solutions International's recent poor performance has led analysts to recommend investors cut their losses, suggesting it may take a full quarter before reassessing its investment value.
Fool
8.5
06-01Fool
U.S. Government Invests $2 Billion in Quantum Computing Firms
  • Massive Investment: The U.S. government has recently invested a total of $2 billion in nine quantum computing companies, with IBM receiving half of the funding, indicating strong governmental support that could accelerate industry growth.
  • Order and Revenue Growth: Rigetti secured an $8.4 million order, D-Wave announced a record $33.4 million in bookings for Q1, and IBM partnered with the Department of Commerce to establish a new quantum wafer foundry, reflecting rising market demand for quantum computing.
  • Impressive Sales Data: IonQ's revenue surged 755% in Q1, Rigetti's jumped 199%, and IBM achieved a respectable 9% increase, although D-Wave's revenue fell by 81%, the overall trend indicates significant industry potential.
  • Investment Risk Advisory: While the quantum computing market is projected to reach $100 billion by 2035, the high price-to-sales ratios and losses of companies like IonQ, Rigetti, and D-Wave present considerable investment risks, suggesting investors should focus on IBM's stable performance.
NASDAQ.COM
8.5
06-01NASDAQ.COM
U.S. Government Invests $2 Billion in Quantum Computing Firms
  • Government Investment Scale: The U.S. government has recently invested over $2 billion in nine quantum computing companies, with IBM receiving half of the funding, indicating strong support for quantum technology despite only IBM being profitable.
  • Positive Market Reaction: Following the investment announcement, share prices of IBM, IonQ, D-Wave, and Rigetti Computing surged, reflecting market optimism about the potential of quantum computing, even as these companies continue to burn cash.
  • Significant Sales Growth: IonQ's revenue soared 755% in Q1, Rigetti's jumped 199%, and IBM's increased by 9%, showcasing rapid development in the quantum computing sector, although D-Wave's revenue fell by 81%, highlighting disparities within the industry.
  • Investment Risk Advisory: While the quantum computing market is projected to reach $100 billion by 2035, the high price-to-sales ratios and ongoing losses of IonQ, Rigetti, and D-Wave present considerable investment risks, suggesting that investors should proceed cautiously, with IBM viewed as a relatively safe investment option.
Fool
2.0
05-28Fool
Rigetti Computing Shares Surge 9.63% Amid Quantum Funding News
  • Stock Surge: Rigetti Computing's shares rose by 9.63% to close at $27.03, extending gains from last week following news of U.S. government funding for domestic quantum firms, indicating strong market confidence in the quantum computing sector.
  • Volume Spike: Trading volume reached 85.2 million shares, approximately 146% above the three-month average of 34.7 million shares, reflecting heightened investor interest and activity in the quantum computing space.
  • Positive Market Outlook: Since its IPO in 2021, Rigetti's stock has surged 173%, with over 60% gains in the past week, demonstrating rapid growth in the quantum computing industry that is attracting significant investor attention.
  • Industry Potential: The Boston Consulting Group forecasts that the quantum computing market could create $450 billion in economic value by 2040, and while Rigetti's stock may experience short-term volatility, its leadership in superconducting quantum processors positions it well for long-term success.
Wall Street analysts forecast QBTS stock price to rise
13 Analyst Rating
Wall Street analysts forecast QBTS stock price to rise
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
35.00
Averages
40.67
High
48.00
Current: 0.000
sliders
Low
35.00
Averages
40.67
High
48.00
B. Riley
B. Riley
Buy
maintain
$36 -> $40
AI Analysis
2026-06-02
New
Reason
B. Riley
B. Riley
Price Target
$36 -> $40
AI Analysis
2026-06-02
New
maintain
Buy
Reason
B. Riley raised the firm's price target on D-Wave Quantum to $40 from $36 and keeps a Buy rating on the shares following the investor day. The gate model's roadmap extended multiple years from 2026 to 2028, the analyst tells investors in a research note. The firm says the investor day crystallized Lambda and quantum error correction cycle speed as gate-model error correction yardsticks. It believes D-Wave feels a trajectory near five-times current competitor rates is achievable. Riley cites "encouraging commercial takeaways" from the investor day and the stock's recent appreciation for the target boost.
Roth Capital
Buy
upgrade
$30 -> $40
2026-06-01
New
Reason
Roth Capital
Price Target
$30 -> $40
2026-06-01
New
upgrade
Buy
Reason
Roth Capital raised the firm's price target on D-Wave Quantum to $40 from $30 and keeps a Buy rating on the shares. The company's first investor analyst day was very well attended, and the management was very confident of its quantum computing competitive position and growth opportunity, the analyst tells investors in a research note. D-Wave Quantum management emphasized the company's competitive differentiation in the form of demonstrated enterprise engagement and hardware sales reflecting an emphasis of adding commercial value and supporting superior customer outcomes, the firm added.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for QBTS
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Valuation Metrics

The current forward P/E ratio for D-Wave Quantum Inc (QBTS.N) is 0.00, compared to its 5-year average forward P/E of -20.13. For a more detailed relative valuation and DCF analysis to assess D-Wave Quantum Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-20.13
Current PE
0.00
Overvalued PE
12.13
Undervalued PE
-52.39

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-18.06
Current EV/EBITDA
-6.47
Overvalued EV/EBITDA
12.61
Undervalued EV/EBITDA
-48.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
75.31
Current PS
126.86
Overvalued PS
187.54
Undervalued PS
-36.91

Financials

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Whales Holding QBTS

M
Mubadala Investment Company PJSC
Holding
QBTS
+73.29%
3M Return
D
Defiance ETFs, LLC
Holding
QBTS
+55.81%
3M Return
C
Clear Street LLC
Holding
QBTS
+28.14%
3M Return
F
Foundations Investment Advisors LLC
Holding
QBTS
+20.60%
3M Return
Y
Yarbrough Capital, LLC
Holding
QBTS
+17.58%
3M Return
M
Marex Group plc
Holding
QBTS
+16.35%
3M Return

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Frequently Asked Questions

What is D-Wave Quantum Inc (QBTS) stock price today?

The current price of QBTS is 27.5187 USD — it has decreased -7.99

What is D-Wave Quantum Inc (QBTS)'s business?

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.

What is the price predicton of QBTS Stock?

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 is40.67 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.

What is D-Wave Quantum Inc (QBTS)'s revenue for the last quarter?

D-Wave Quantum Inc revenue for the last quarter amounts to 2.86M USD, decreased -80.95

What is D-Wave Quantum Inc (QBTS)'s earnings per share (EPS) for the last quarter?

D-Wave Quantum Inc. EPS for the last quarter amounts to -0.05 USD, increased 150.00

How many employees does D-Wave Quantum Inc (QBTS). have?

D-Wave Quantum Inc (QBTS) has 382 emplpoyees as of June 03 2026.

What is D-Wave Quantum Inc (QBTS) market cap?

Today QBTS has the market capitalization of 10.97B USD.