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D-Wave Quantum

QBTS · NYSE

$11.78−$0.05 (−0.42%)TodayMarket closed ·
Prev close $11.83

About QBTS

D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. The company is headquartered in Palo Alto, California and currently employs 382 full-time employees. The company went IPO on 2020-10-11. The firm 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 firm'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. The company also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. The company offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading.

Employees
382
Headquarters
Palo Alto, California
Listed
Oct 11, 2020
Sector
Information Technology
Industry
Software
Website
dwavequantum.com

QBTS key statistics

Market cap
4.49B
Price-earnings ratio
0.00
Dividend yield
—
Average volume
16.37M
Volume
9.15M
Open price
$11.54
High today
$12.18
Low today
$11.51
52 Week high
$45.13
52 Week low
$11.35

D-Wave Quantum (QBTS) at a glance

As of Oct 20, 2026, D-Wave Quantum (QBTS) shares are priced at $11.78, giving the company a market cap of 4.49B and a price-to-earnings ratio of 0.00.

Today the stock has traded between $11.51 and $12.18. The current price is 2.3% above the day's low and 3.3% below its high.

Volume so far is 9.15M shares, below the average of 16.37M shares a day.

Over the past year D-Wave Quantum has ranged from $11.35 to $45.13, and now sits 1% of the way up that range.

D-Wave Quantum met or beat analyst EPS estimates in 4 of the last 8 quarters. In Q2 FY26 it reported -$0.099 per share against an estimate of -$0.0867.

The average analyst price target is $34.70, 194.6% above the current price, from 12 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 12 analyst ratings say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 19 analystsAvg $34.70
Low
$18.54
Now
$11.78
High
$45.15

QBTS earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 4 of the last 8 quarters, by 40.4% on average.

  1. Q3 FY24: reported -$0.08 per share against an estimate of -$0.0793
  2. Q4 FY24: reported -$0.06 per share against an estimate of -$0.07
  3. Q1 FY25: reported -$0.023 per share against an estimate of -$0.0343
  4. Q2 FY25: reported -$0.08 per share against an estimate of -$0.049
  5. Q3 FY25: reported -$0.05 per share against an estimate of -$0.0687
  6. Q4 FY25: reported -$0.09 per share against an estimate of -$0.0676
  7. Q1 FY26: reported -$0.01 per share against an estimate of -$0.0781
  8. Q2 FY26: reported -$0.099 per share against an estimate of -$0.0867

QBTS news

  • Press releasePRNewswire

    QBTS Investors Have Opportunity to Lead D-Wave Quantum Inc. Securities Fraud Lawsuit

  • Press releasePRNewswire

    SHAREHOLDER ALERT: Bronstein Gewirtz & Grossman, LLC Announces Class Action Against D-Wave Quantum Inc. (NASDAQ: QBTS) -- Investors Who Suffered Losses Are Encouraged to Contact the Firm.

  • Press releaseBusiness Wire

    INVESTOR ALERT: D-Wave Quantum Inc. Investors with Substantial Losses May Seek to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces – QBTS

  • Press releaseBusiness Wire

    Rosen Law Firm Urges D-Wave Quantum Inc. (NASDAQ: QBTS) Stockholders to Contact the Firm for Information About Their Rights

  • Press releaseBusiness Wire

    NASDAQ: QBTS: Kessler Topaz Meltzer & Check, LLP Announces the Filing of a Securities Fraud Class Action Lawsuit Against D-Wave Quantum Inc.

  • Press releaseGlobe Newswire

    QBTS INVESTOR ALERT: D-Wave Quantum Inc. Investors with Substantial Losses May Seek to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces

  • Press releaseBusiness Wire

    D-Wave Quantum Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – QBTS

  • Press releasePRNewswire

    QBTS Stockholder Notice: Robbins LLP Reminds Investors of the Class Action Lawsuit Against D-Wave Quantum Inc.

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.