D-Wave Quantum Inc.
QBTS
NASDAQ·Technology·Computer Hardware·Mkt cap $6.1B
$16.58
▼ -1.43%
P/E
-23.35
Mkt Cap
$6.1B
52-Wk Range
$12.75–$46.75
52-Week Range
$12.75 - $46.75
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 7.5% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Fifth-generation quantum computing technology
- Comprehensive quantum software ecosystem
- Cloud-based quantum computing access
- Diverse industry application portfolio
Bear Case
1 risk
- High volatility (beta 2.1). Larger-than-normal price swings expected.
Growth
Strong growth ahead
Expanding quantum computing adoption
Value
Deep value opportunity - significant discount to sector peers
Momentum
Falling
-35.8% over 3m
Quality
Excellent
Below average quality
Dividend
None
No dividend
Smart-money signal
Who's buying QBTS right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 5, 2026
AUG 6, 2026
Reported EPS of -$0.10 vs -$0.08 consensus (-18.1% surprise). Revenue of $3.1M vs $4.0M expected (-23.6%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-18.1%
Revenue trend · last 8Q
—
-21%
+509%
+42%
+100%
+19%
-81%
-1%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$1.9M
$2.3M
$15.0M
$3.1M
$3.7M
$2.8M
$2.9M
$3.1M
Margins · last 8Q
Gross
55.4%
Operating
—
Profit
-1561.4%
Wall Street consensus
9 analysts · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: BMO Capital · Aug 20, 2026
vs Industry
How QBTS stacks vs Computer Hardware
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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