D-WAVE QUANTUM INC
QBTSNASDAQ🏆 #1153 by market cap⚡Quantum Computing
$245.50▲ $8.37 (+3.41%)
Simulated priceTrack QBTS
Get earnings, price moves & breaking news on Telegram
24h▲ 3.4%
7d▲ 1300.5%
14d▲ 1394.2%
30d▲ 1343.3%
ytd▲ 838.8%
1y▲ 870.0%
🏦Market Cap
$6.37B
Small Cap
📈Revenue Growth (YoY)
-44.2%
Declining
📊Gross Margin
64.2%
High
💵FCF Margin
—
⚖️P/S Ratio
531.9x
Expensive
Otter Score
64
Fair
Trading Snapshot
- Day Range
- $243.05 – $248.52
- 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
- —
- P/S Ratio
- 531.9x
- EPS (TTM)
- $-0.71
- Dividend Yield
- —
- Dilution (1yr)
- +51.5%
Why Investors Own QBTS
- ✓High-growth profile — revenue up +53.9% YoY with expanding Quantum Computing exposure.
- ✓Healthy economics — 46% gross margin and 9% free-cash-flow margin.
- ✓Early leadership in a potentially large emerging market.
⚠️ Key Risks
Execution delays, intensifying competition, and valuation compression if growth decelerates.
D-WAVE QUANTUM INC
QBTSFinancial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$25M▲ +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%▲ +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.
−$100M▲ +30.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
−$76M▲ +69.5% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
352.9M▲ +51.5% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$592M▲ +$452M YoY
StockOtter · stockotter.spaceAbout D-WAVE QUANTUM INC
Quantum annealing systems.
🦦
Otter Score Breakdown
How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)💎Quality★★★★★
🚀Growth★★★★★
⚖️Valuation★★★★★
⚡Momentum★★★★★
💧Dilution★★★★★
Overall Score
Fair
64/100
Analyst Price Target
ⓘAverage Target
$303.00
▲ +23.4% Upside
High Target$375.11
Low Target$259.18
Based on 35 analysts
Latest News & Updates
🚀
Reuters·2h ago
D-WAVE QUANTUM INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
🛰️
Bloomberg·5h ago
Analysts lift QBTS price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
🌌
Barron’s·1d ago
D-WAVE QUANTUM INC announces new agreement to expand its footprint
The move broadens the company’s reach and could add incremental revenue over the next year.