Market Cap 5.14B
Revenue (ttm) 24.59M
Net Income (ttm) -355.06M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -1,443.92%
Debt to Equity Ratio 0.04
Volume 18,329,200
Avg Vol 27,481,031
Day's Range N/A - N/A
Shares Out 369.91M
Stochastic %K 5%
Beta 1.61
Analysts Strong Sell
Price Target $38.77

Company Profile

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and buil...

Industry: Computer Hardware
Sector: Technology
Phone: 604 285 2881
Address:
2650 East Bayshore Road, Palo Alto, United States
HairCoolAs
HairCoolAs Mar. 29 at 8:31 AM
$QBTS if crisis hits hard 3-5 bucks is a good entry.
0 · Reply
Tom2772
Tom2772 Mar. 29 at 6:08 AM
$QBTS D-Wave is very well funded, not weak! $884M+ cash & securities Only ~$40M debt Raised $884M (mostly equity) This gives them multiple years of runway to grow revenue and scale the business. D-Wave doesn’t have a survival problem, it has time to execute. OH COME ON!!
0 · Reply
That1Foolio
That1Foolio Mar. 29 at 1:21 AM
$QBTS buyout would be nice.
0 · Reply
Alloptionsn
Alloptionsn Mar. 29 at 12:19 AM
$QBTS cash from offering ? Rev? Come on 
0 · Reply
Tom2772
Tom2772 Mar. 28 at 9:15 PM
$QBTS Cash: ~$884 million Debt: ~$40 million https://ir.dwavequantum.com/news/news-details/2026/D-Wave-Reports-Fourth-Quarter-and-Year-End-2025-Results/default.aspx?utm_source=chatgpt.com
0 · Reply
Alloptionsn
Alloptionsn Mar. 28 at 9:04 PM
$QBTS strange that they have minuscule revenues
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DeepValueStocks
DeepValueStocks Mar. 28 at 9:01 PM
$QBTS Will IBM's recent simulation breakthrough hurt D-Wave's market opportunities in annealing ? IBM's recent advancements in quantum simulation and hybrid, fault-tolerant architectures—particularly the March 2026 "Starling" roadmap initiatives—are expected to put significant competitive pressure on D-Wave's market position. While D-Wave has maintained a lead in commercial optimization and annealing, IBM's push toward scalable, gate-based quantum computing poses a threat to D-Wave's long-term dominance in the enterprise, potentially narrowing its market share to a "niche" role. IBM’s ability to offer hybrid cloud, AI, and quantum solutions gives it a stronger, more stable foundation than pure-play D-Wave, making it more appealing to large enterprise clients looking for long-term partners.
1 · Reply
Tom2772
Tom2772 Mar. 28 at 8:36 PM
$QBTS Without bursting your bubble, that take ignores how D-Wave Systems has actually evolved. Annealing is real quantum, and D-Wave is already solving real-world problems in production. On top of that, through acquisitions and a growing hybrid stack, they’re actively moving toward gate-model capabilities. IonQ may be promising , but its commercial impact is still largely future-facing. So the reality is: D-Wave is generating value today while positioning itself for tomorrow through hybrid and gate-model expansion. That’s not “no future”, hat’s execution plus optionality.
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MsSilbt
MsSilbt Mar. 28 at 7:59 PM
$QBTS What do you think is the better company and why? RGTI, IREN, IONQ, or QBTS. Planning to buy....sitting on way too much cash now
1 · Reply
MaxChartography
MaxChartography Mar. 28 at 7:48 PM
$NVTS $STX $NET $QBTS watchlist ×
0 · Reply
Latest News on QBTS
D-Wave to Premiere “Quantum Matters” Podcast

Mar 24, 2026, 7:00 AM EDT - 4 days ago

D-Wave to Premiere “Quantum Matters” Podcast


D-Wave Quantum Inc. (QBTS) Q4 2025 Earnings Call Transcript

Feb 26, 2026, 7:17 PM EST - 4 weeks ago

D-Wave Quantum Inc. (QBTS) Q4 2025 Earnings Call Transcript


D-Wave Reports Fourth Quarter and Year-End 2025 Results

Feb 26, 2026, 7:00 AM EST - 4 weeks ago

D-Wave Reports Fourth Quarter and Year-End 2025 Results


Quantum Stock Crunch: Repricing Or Red Flag?

Feb 24, 2026, 2:11 PM EST - 4 weeks ago

Quantum Stock Crunch: Repricing Or Red Flag?

IONQ QUBT RGTI


D-Wave: The First Quantum Company To Go Post-NISQ

Feb 11, 2026, 3:40 AM EST - 6 weeks ago

D-Wave: The First Quantum Company To Go Post-NISQ


The Big 3: MU, NVDA, QBTS

Feb 10, 2026, 1:01 PM EST - 6 weeks ago

The Big 3: MU, NVDA, QBTS

NVDA MU


D-Wave Quantum CEO on Latest Growth & Adoption Trends

Jan 30, 2026, 10:15 AM EST - 2 months ago

D-Wave Quantum CEO on Latest Growth & Adoption Trends


How Low Can QBTS Stock Go?

Jan 21, 2026, 7:00 AM EST - 2 months ago

How Low Can QBTS Stock Go?


QBTS Stock Analysis: Is D-Wave Quantum Worth $10 Billion?

Jan 12, 2026, 9:35 AM EST - 2 months ago

QBTS Stock Analysis: Is D-Wave Quantum Worth $10 Billion?


D-Wave: Quantum's First Real Revenue Winner

Jan 7, 2026, 1:09 PM EST - 2 months ago

D-Wave: Quantum's First Real Revenue Winner


D-Wave to Acquire Quantum Circuits for $550 Million

Jan 7, 2026, 7:12 AM EST - 2 months ago

D-Wave to Acquire Quantum Circuits for $550 Million


Stock Of The Day: Did D-Wave Quantum Just Break Out?

Dec 23, 2025, 11:57 AM EST - 3 months ago

Stock Of The Day: Did D-Wave Quantum Just Break Out?


D-Wave Announces Qubits 2026 Quantum Computing User Conference

Dec 8, 2025, 7:00 AM EST - 3 months ago

D-Wave Announces Qubits 2026 Quantum Computing User Conference


QBTS Stock Outlook: After 168% Gains, What's Next?

Dec 4, 2025, 1:40 PM EST - 4 months ago

QBTS Stock Outlook: After 168% Gains, What's Next?


D-Wave Announces Formation of U.S. Government Business Unit

Dec 2, 2025, 7:00 AM EST - 4 months ago

D-Wave Announces Formation of U.S. Government Business Unit


HairCoolAs
HairCoolAs Mar. 29 at 8:31 AM
$QBTS if crisis hits hard 3-5 bucks is a good entry.
0 · Reply
Tom2772
Tom2772 Mar. 29 at 6:08 AM
$QBTS D-Wave is very well funded, not weak! $884M+ cash & securities Only ~$40M debt Raised $884M (mostly equity) This gives them multiple years of runway to grow revenue and scale the business. D-Wave doesn’t have a survival problem, it has time to execute. OH COME ON!!
0 · Reply
That1Foolio
That1Foolio Mar. 29 at 1:21 AM
$QBTS buyout would be nice.
0 · Reply
Alloptionsn
Alloptionsn Mar. 29 at 12:19 AM
$QBTS cash from offering ? Rev? Come on 
0 · Reply
Tom2772
Tom2772 Mar. 28 at 9:15 PM
$QBTS Cash: ~$884 million Debt: ~$40 million https://ir.dwavequantum.com/news/news-details/2026/D-Wave-Reports-Fourth-Quarter-and-Year-End-2025-Results/default.aspx?utm_source=chatgpt.com
0 · Reply
Alloptionsn
Alloptionsn Mar. 28 at 9:04 PM
$QBTS strange that they have minuscule revenues
0 · Reply
DeepValueStocks
DeepValueStocks Mar. 28 at 9:01 PM
$QBTS Will IBM's recent simulation breakthrough hurt D-Wave's market opportunities in annealing ? IBM's recent advancements in quantum simulation and hybrid, fault-tolerant architectures—particularly the March 2026 "Starling" roadmap initiatives—are expected to put significant competitive pressure on D-Wave's market position. While D-Wave has maintained a lead in commercial optimization and annealing, IBM's push toward scalable, gate-based quantum computing poses a threat to D-Wave's long-term dominance in the enterprise, potentially narrowing its market share to a "niche" role. IBM’s ability to offer hybrid cloud, AI, and quantum solutions gives it a stronger, more stable foundation than pure-play D-Wave, making it more appealing to large enterprise clients looking for long-term partners.
1 · Reply
Tom2772
Tom2772 Mar. 28 at 8:36 PM
$QBTS Without bursting your bubble, that take ignores how D-Wave Systems has actually evolved. Annealing is real quantum, and D-Wave is already solving real-world problems in production. On top of that, through acquisitions and a growing hybrid stack, they’re actively moving toward gate-model capabilities. IonQ may be promising , but its commercial impact is still largely future-facing. So the reality is: D-Wave is generating value today while positioning itself for tomorrow through hybrid and gate-model expansion. That’s not “no future”, hat’s execution plus optionality.
0 · Reply
MsSilbt
MsSilbt Mar. 28 at 7:59 PM
$QBTS What do you think is the better company and why? RGTI, IREN, IONQ, or QBTS. Planning to buy....sitting on way too much cash now
1 · Reply
MaxChartography
MaxChartography Mar. 28 at 7:48 PM
$NVTS $STX $NET $QBTS watchlist ×
0 · Reply
LoneBroker
LoneBroker Mar. 28 at 6:49 PM
$QBTS $13.90 🐻 • RSI 27.44 • ATR% 9.13 • vol↓ Support & Resistance — UPDATED 2026-03-27 3 Days | Support: $13.71 – $13.71 | Resistance: $16.73 – $16.73 5 Days | Support: $13.71 – $13.71 | Resistance: $16.73 – $16.73 7 Days | Support: $13.71 – $13.71 | Resistance: $16.73 – $16.73 20 Days | Support: $13.71 – $13.71 | Resistance: $19.61 – $19.61 50 Days | Support: $13.71 – $13.71 | Resistance: $31.36 – $31.36 60 Days | Support: $13.71 – $13.71 | Resistance: $32.16 – $32.16 100 Days | Support: $13.71 – $13.71 | Resistance: $37.62 – $37.62 Momentum leans bearish with RSI at 27.44. Volatility sits at 9.13% ATR, indicating contraction. Volume shows vol↓, signaling trader attention to recent flow. ------------------- 📌 RSI = momentum (0–100). >50 = strength, <50 = weakness 📌 ATR% = daily volatility (higher = bigger swings) 📌 Legend: 🐂 bullish • 🐻 bearish • 😐 neutral • vol↑ rising volume • vol↓ easing volume ⏳ Valid until: 1:00 PM PT
0 · Reply
Chartography_
Chartography_ Mar. 28 at 5:14 PM
$ADMA $INOD $CRML $QBTS watchlist $
0 · Reply
Tom2772
Tom2772 Mar. 28 at 4:58 PM
$QBTS LOL, this is just the beginning! D-Wave’s systems are being used by some of the world’s most advanced organizations, including NEC Corporation, Volkswagen, DENSO, Lockheed Martin, University of Southern California, Forschungszentrum Jülich and Los Alamos National Laboratory. With headquarters near Vancouver, Canada, D-Wave’s US operations are based in Palo Alto, CA. With headquarters and the Quantum Engineering Center of Excellence based near Vancouver, Canada, D-Wave’s US operations are based in Palo Alto, Calif. D-Wave has a blue-chip investor base that includes PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., Aegis Group Partners, and In-Q-Tel. https://www.dwavequantum.com/company/newsroom/press-release/d-wave-deploys-first-united-states-based-advantage-quantum-computer-accessible-in-the-leap-quantum-cloud-service/
1 · Reply
Alloptionsn
Alloptionsn Mar. 28 at 4:49 PM
$QBTS just that not very many are buying the product lol
0 · Reply
Tom2772
Tom2772 Mar. 28 at 4:37 PM
$QBTS $RGTI $QBTS $IONQ With D-Wave Quantum, many overlook that they’re not just a future play, they already have technology in use today. Their focus on quantum annealing enables real-world applications in areas like logistics, energy, and complex optimization. On top of that, quantum computing has strategic importance for the U.S., especially in military logistics, resource allocation, and long-term cybersecurity. In these areas, solutions that work now matter and D-Wave is already positioned there. That makes them a notable early player in a field expected to grow significantly and in emerging technologies, the early bird often captures the most meaningful opportunities.
1 · Reply
Mr_Maniacal
Mr_Maniacal Mar. 28 at 4:21 PM
$QBTS Cool story, but this is still “great company at any price” thinking... And Im good with you blocking me with that stance. Yes, D‑Wave has real systems, pilots, and Fortune 100 logos. That’s already in the valuation. The question isn’t “are they doing something?” It’s whether today’s multi‑billion price tag, 4‑digit out‑year P/E, and venture‑style P/S can ever be reconciled with the actual dollars this business is likely to earn. Big enterprises run experiments with lots of vendors -- it doesn’t mean QBTS is the eventual winner when hyperscalers and blue‑chips can out‑spend them, undercut them, or leapfrog the tech. Markets don’t pay you for “vision” alone, they pay you for cash flows and unit economics that show up before dilution and competition crush the story. Ignoring losses because “it’s working right now” is exactly how people stay bullish all the way down.
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Tom2772
Tom2772 Mar. 28 at 4:10 PM
$QBTS Everyone is obsessing over losses while completely ignoring reality:D-Wave is already selling quantum systems and working with real enterprise clients, including Fortune 100 companies today. The billion-dollar quantum market is forming right now, and D-Wave is one of the very few actually in the game. At this point, selling here isn’t smart money.It’s a lack of vision, ironically, the very thing markets usually reward the most. Its working right now!
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Mr_Maniacal
Mr_Maniacal Mar. 28 at 3:56 PM
$QBTS @Tom2772 Heard that story all the way down… Don’t confuse the company with the valuation. Once you’re public, it’s not a science project, it’s a claim on future cash flows and revenue, no matter how “early” it is. A 1400x four‑year forward P/E (on downward revised eps btw) is exactly why fundamentals matter: if QBTS can’t ever scale into that, it’s not nuanced, it’s mispriced hope. Same on P/S—venture‑round sales multiples in public markets assume explosive growth, fat margins, and minimal dilution. Those aren’t boomer metrics, they’re sanity checks. People were saying this at 40+ while telling skeptics “you just don’t get quantum.” Story hasn’t changed, math has. And there’s zero guarantee this ticker wins when bigger, better‑capitalized players can out‑spend them, undercut pricing, or leapfrog the tech. Paying nosebleed P/E and P/S here means you’re betting QBTS beats every hyperscaler and blue‑chip circling the space and the economics still justify today’s price.
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Tom2772
Tom2772 Mar. 28 at 3:32 PM
$QBTS Throwing around a 1400x forward P/E for a pre-profit quantum computing company isn’t analysis, it’s intellectual laziness. It applies a metric designed for mature, earnings-stable businesses to a company that doesn’t even operate on that paradigm yet, turning what should be nuanced valuation into a meaningless, headline-grabbing number.
1 · Reply
Mr_Maniacal
Mr_Maniacal Mar. 28 at 2:22 PM
$QBTS Hey y'all.... It's down to a screaming 4 year forward P/E of only 1400x
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celticbeaches
celticbeaches Mar. 28 at 2:01 PM
$QBTS this tech is the future. $RGTI $QBTS and $IONQ // ryte now true value is around low teens and ionq mid twenties. correction near done then off we go again creating new bottoms of 50-100$ by 2030 with more to come from these companies. Since 2024 ,been in n out of all these since under a buck, beside ionq thats 4. And Remember These huge brokers own your data,your trading patterns with advance AI systems they run algorithms based on all that plus geopolitical events tyme of day year month human emotions astrology any n all factors imaginable, so they have an advantage you couldn’t imagine, could not IMAGINE! the price is driven down to buy more then the price will go back up.. you can’t beat the system. Quantum computers are running the hydro colliders and advance systems with capabilities that you saw in 90s sci fi movies. In my correct opinion with 100% certainty, Bearish now only in terms to buy. BUY BUY BUY..all data centers,AI,quantum,power source companies
0 · Reply
Tom2772
Tom2772 Mar. 28 at 12:14 PM
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