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QBTS:NYSE
D-Wave Quantum Inc
$25.03
+2.29%
(+0.56) 1D
$25.24
+0.84% (+0.21)
Pre-market
Closed: Jun 23, 4:04:35 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for QBTS...
Open
$24.11
High
$26.71
Low
$23.96
Mkt. cap
9.27B
Avg. vol.
40.20M
Volume
229.58K
52-wk high
$46.75
52-wk low
$12.75
EPS
-$1.13
Beta
2.81
Shares outstanding
367.27M
No. of employees
385
Open
$24.11
High
$26.71
Low
$23.96
Mkt. cap
9.27B
Avg. vol.
40.20M
Volume
229.58K
52-wk high
$46.75
52-wk low
$12.75
EPS
-$1.13
Beta
2.81
Shares outstanding
367.27M
No. of employees
385
News stories
From sources across the web
Profile
D-Wave Quantum Inc. is a quantum computing company with locations in Palo Alto, California and Burnaby, British Columbia. D-Wave claims to be the world's first company to sell computers that exploit quantum effects in their operation. D-Wave's early customers include Lockheed Martin, the University of Southern California, Google/NASA, and Los Alamos National Laboratory. D-Wave does not implement a generic, universal quantum computer; instead, their computers implement specialized quantum annealing. Wikipedia
About D-Wave Quantum Inc
CEOAlan Baratz
Employees385
Founded1999
HeadquartersPalo Alto, California, United States
SectorApplication software
Websitedwavequantum.com
Analyst Ratings
Based on 13 analysts giving stock ratings to QBTS in the past 3 months
Strong Buy
Buy
12
Hold
1
Sell
0
12 month forecast
Based on 13 Wall Street analysts offering 12 month price targets for QBTS in the last 3 months.
Highest
Current $25.03
$45.00 (+79.78%)
Average
$38.27 (+52.90%)
Lowest
$22.00 (-12.11%)
Analyst
Recommendation
Action
Price Target
Projected
Date
Suji Desilva
Roth MKM
Buy
Maintained
$40.00
+59.8%
06/22/2026
Suji Desilva
Roth MKM
Buy
Maintained
$40.00
+59.8%
06/22/2026
Vijay Rakesh
Mizuho Securities
Buy
Reiterated
$35.00
+39.8%
06/14/2026
John McPeake
Rosenblatt Securities
Buy
Reiterated
$43.00
+71.8%
06/11/2026
Kingsley Crane
Canaccord Genuity
Buy
Maintained
$41.00
+63.8%
06/02/2026
Krish Sankar
TD Cowen
Buy
Maintained
-
-
06/02/2026
Craig Ellis
B. Riley Securities
Buy
Reiterated
$40.00
+59.8%
06/02/2026
Ruben Roy
Stifel Nicolaus
Buy
Maintained
$35.00
+39.8%
06/02/2026
Quinn Bolton
Needham
Buy
Reiterated
$40.00
+59.8%
06/02/2026
Richard Shannon
Craig-Hallum
Buy
Maintained
-
-
05/21/2026
Michael Piccolo
Wedbush
Buy
Reiterated
$40.00
+59.8%
05/13/2026
Nehal Chokshi
Northland Securities
Hold
Maintained
$22.00
-12.1%
05/13/2026
Troy Jensen
Cantor Fitzgerald
Buy
Reiterated
$40.00
+59.8%
05/12/2026
Kevin Garrigan
Jefferies
Buy
Maintained
$45.00
+79.8%
05/12/2026
Mark Lipacis
Evercore ISI
Buy
Maintained
$42.00
+67.8%
02/27/2026
David Williams
Benchmark Co.
Buy
Maintained
$35.00
+39.8%
02/26/2026
Antoine Legault
Wedbush
Buy
Maintained
$40.00
+59.8%
02/23/2026
Last report
May 12, 2026
Fiscal period
Q1 2026
EPS / Est. (USD)
-$0.04 / -$0.08
+46.05%beat
Revenue / Est. (USD)
2.86M / 4.14M
-30.95%miss
Fiscal Q1 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Revenue
3.10M
3.74M
2.75M
2.86M
Cost of goods sold
1.12M
1.07M
968.00K
1.04M
Cost of revenue
1.12M
1.07M
968.00K
1.04M
Research and development expenses
12.69M
14.08M
13.68M
25.79M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
15.78M
16.33M
22.95M
30.75M
Operating expense
28.48M
30.40M
36.62M
56.54M
Total operating expenses
29.60M
31.48M
37.59M
57.58M
Operating income
-26.50M
-27.74M
-34.84M
-54.73M
Other non operating income
-140.62M
-113.70M
-31.11M
512.00K
EBT including unusual items
-167.33M
-139.99M
-42.33M
-46.81M
EBT excluding unusual items
-167.33M
-140.84M
-41.32M
-48.69M
Income tax expense
-
-
-
-28.45M
Effective tax rate
-
-
-
60.78%
Other operating expenses
-
-
-
-
Net income
-167.33M
-139.99M
-42.33M
-18.36M
Net profit margin
-5,406.43%
-3,743.94%
-1,538.01%
-642.30%
Earnings per share
-0.08
-0.05
-0.09
-0.04
Interest and investment income
-
-
23.92M
5.78M
Interest expense
-206.00K
-201.00K
-3.38M
-259.00K
Net interest expenses
-206.00K
-201.00K
20.54M
5.53M
Depreciation and amortization charges
-
-
-
-
EBITDA
-26.16M
-27.37M
-34.36M
-50.92M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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Type
Date
Shares
Amount
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