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D-WAVE QUANTUM INC

QBTSNASDAQ
πŸ† #1150 by market capEarnings Nov 5⚑Quantum Computing
$16.45β–Ό $0.32 (βˆ’1.97%)
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24hβ–Ό 2.0%
7dβ–Ό 6.2%
14dβ–² 0.1%
30dβ–Ό 3.3%
ytdβ–Ό 37.1%
1yβ–Ό 35.0%
🏦Market Cap
$6.09B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-44.2%
Declining
πŸ“ŠGross Margin
64.2%
High
πŸ’΅FCF Margin
β€”
βš–οΈP/S Ratio
531.9x
Expensive
Otter Score
64
Fair

Trading Snapshot

Day Range
$16.29 – $16.65
52-Week Range
$12.75 – $46.75
Volume
$3.68B
Avg Volume
$2.77B
Shares Outstanding
370.4M
Next Earnings
Nov 4, 2026

Fundamentals Snapshot

Annual Revenue
$25M
Last Q Revenue
$3M
P/E Ratio
β€”
P/S Ratio
531.9x
EPS (TTM)
$-0.71
Dividend Yield
β€”
Dilution (1yr)
+51.5%

Why Investors Own QBTS

  • βœ“High-growth profile β€” revenue up +53.9% YoY with expanding Quantum Computing exposure.
  • βœ“Healthy economics β€” 46% gross margin and 9% free-cash-flow margin.
  • βœ“Early leadership in a potentially large emerging market.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

QBTS logo

D-WAVE QUANTUM INC

QBTS
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$25Mβ–² +178.5% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
82.6%β–² +31.0% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$100Mβ–² +30.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
βˆ’$76Mβ–² +69.5% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
352.9Mβ–² +51.5% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$592Mβ–² +$452M YoY
StockOtter Β· stockotter.space

About D-WAVE QUANTUM INC

Quantum annealing systems.

🦦

Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100

Analyst Price Target

β“˜
Average Target
$20.30
β–² +23.4% Upside
High Target$25.13
Low Target$17.37
Based on 35 analysts

Latest News & Updates

24/7 Wall StreetΒ·4h ago

A Year Ago, We Called IBM the Next Nvidia. It Lost Money but Still Beat Every Quantum Startup.

Twelve months after a bold quantum computing call promised four-figure returns, the scorecard arrived with a twist: the pick lost money, yet still outperformed every pure-play rival in the sector. Here is what that split

GuruFocusΒ·21h ago

D-Wave Quantum Inc (QBTS) Shares Fall 3.6% -- GF Value Says Still Overvalued

On September 28, 2026, D-Wave Quantum Inc (QBTS) shares fell 3.6% to a current price of $16.78. This drop is part of a broader trend, with the stock experiencin

GlobeNewsWireΒ·1d ago

QBTS Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages D-Wave Quantum Inc. Investors to Contact the Firm

RADNOR, Pa., Sept. 28, 2026 (GLOBE NEWSWIRE) -- Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities l

πŸš€
The Motley FoolΒ·1d ago

5 Millionaire-Maker Quantum Computing Stocks to Buy Now

IonQ and Quantinuum are leading the charge on accuracy using the trapped-ion technique. D-Wave and IBM are two top companies using the faster superconducting qubit technology.

The Motley FoolΒ·3d ago

D-Wave Quantum vs. QuantumScape: Which Moonshot Tech Stock Is a Better Buy in 2026?

D-Wave Quantum is a leader in quantum annealing technology with a growing list of commercial and government customers. QuantumScape is developing solid-state batteries that could potentially revolutionize the electric ve

GuruFocusΒ·3d ago

QBTS Investor Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages QBTS Investors with Losses to Contact the Firm

QBTS Investor Investigation Reminder: Kessler Topaz Meltzer and Check, LLP Encourages QBTS Investors with Losses to Contact the FirmPR NewswireRADNOR, Pa., Sept.