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D-Wave Quantum Inc. Common Stock

D-Wave Quantum Inc. Common Stock

QBTS

NASDAQ
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D-Wave Quantum Inc. Common Stock

QBTS

NASDAQ
$11.650.18% (+0.02)
$
₹
$11.650.18% (+0.02)
High
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Low
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Returns
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1D
1W
1M
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6M
1Y
3Y
5Y
Max

Technology

Computer Hardware

Mid Cap

With a market cap of $4.5B the stock is ranked 1530

Key Metrics

Key Metrics

PE TTM
PE TTM

Close price divided by the earnings per share for the trailing twelve months

—
PB
PB

Close price divided by the book value per share at the end of the most recent quarter

5.89
EPS TTM
EPS TTM

Net profit earned per share over the trailing twelve months (sum of the last 4 quarters)

$-0.69
PEG Ratio
PEG Ratio

Price-to-Earnings (P/E) ratio divided by the forecasted annual earnings per share (EPS) growth rate over the next five years

—
Profit Margin
Profit Margin

Net profit divided by the total revenue for the most recent financial year

0%
Dividend Yield
Dividend Yield

Annual dividend per share for the trailing twelve months divided by the close price

—

Analyst Ratings & Forecast

Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 

Based on 17 analysts reports

Buy
15 analysts
Hold
2 analysts
Sell
0 analyst

Price Upside

+197.15%

Earnings Growth

+60.95%

Rev. Growth

+72.74%

See Detailed Forecast

Company Profile

Company Profile

D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. The company has a collaboration with the University of Arkansas to establish leadership, education, and independent research focused on the application of quantum computing to supply chain management across retail, transportation, and national defense. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. The company has a collaboration with the University of Arkansas to establish leadership, education, and independent research focused on the application of quantum computing to supply chain management across retail, transportation, and national defense. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.

Peers

Compare with peers Compare with peers 

Peers

Compare with peers Compare with peers 
Keysight Technologies Inc
KEYS
Keysight Technologies Inc
P/E Ratio
46.19
46.19
1Y Return
86.94%
86.94%
Buy Reco %
83.33
83.33
Coherent Corp
COHR
Coherent Corp
P/E Ratio
57.65
57.65
1Y Return
72.22%
72.22%
Buy Reco %
79.16
79.16
Roper Technologies Inc
ROP
Roper Technologies Inc
P/E Ratio
16.56
16.56
1Y Return
8.71%
8.71%
Buy Reco %
36.84
36.84
Teledyne Technologies Incorporated
TDY
Teledyne Technologies Incorporated
P/E Ratio
30.58
30.58
1Y Return
16.53%
16.53%
Buy Reco %
75.00
75.00
Zebra Technologies Corporation
ZBRA
Zebra Technologies Corporation
P/E Ratio
35.19
35.19
1Y Return
23.11%
23.11%
Buy Reco %
62.5
62.5
Compare with Peers

Forecast

Forecast

Price

Revenue

Earnings

Price Forecast

Price Forecast

Higher price growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The 12-month consensus target implies 197.15% growth, versus a trailing 3-year CAGR of 146.87%.

2026
Current$11.66Baseline
Analyst Target - 1 year
Target$34.65+197.15%

All values in $

202220232024202520262027$10.12$19.45$28.78Target+197.15%
2026
Current$11.66Baseline
Analyst Target - 1 year
Target$34.65+197.15%

All values in $

Revenue Forecast

Revenue Forecast

Higher revenue growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The next fiscal year's mean estimate implies 72.74% growth, versus a trailing 3-year CAGR of 50.78%.

2025
Current$24.58Baseline
Forecast for Dec 2026
High$56.1+128.17%
Average$42.47+72.74%
Low$33.2+35.03%

All values in $ Million

2021202220232024202520266.277.178.758.8224.58Low+35.03%Average+72.74%High+128.17%
2025
Current$24.58Baseline
Forecast for Dec 2026
High$56.1+128.17%
Average$42.47+72.74%
Low$33.2+35.03%

All values in $ Million

Earnings Per Share Forecast

Earnings Per Share Forecast

2025
Current$-0.75Baseline
Forecast for Dec 2026
High$-0.18+76%
Average$-0.29+60.95%
Low$-0.48+36%

All values in $

2021202220232024202520261.09-0.46-0.54-0.41-0.75Low+36%Average+60.95%High+76%
2025
Current$-0.75Baseline
Forecast for Dec 2026
High$-0.18+76%
Average$-0.29+60.95%
Low$-0.48+36%

All values in $

Financials

Financials

Income

Balance Sheet

Cash Flow

3.7
-139.9
2.7
-42.3
2.8
-18.3
3
-48
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Revenue
Net Income
Financial YearQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Total Revenue2.462.181.872.30153.093.732.752.853.07
Net Income-17.31-17.77-22.71-86.07-5.42-167.32-139.98-42.32-18.35-48.02
Net Profit Margin-702.31%-814.38%-1214.54%-3727.89%-36.13%-5406.42%-3743.94%-1538.00%-642.30%-1561.37%
See CostsAll values in $ Million

Peers

Peers & Comparison

Peers & Comparison

Comparing 2 stocks from
TechnologyComputer Hardware

Valuation

Returns

Forecast

ScreenerCompare valuation on Screener
StockPE TTMPE TTMPBPBPEG RatioPEG Ratio
D-Wave Quantum Inc. Common Stock -5.89-
Keysight Technologies Inc46.199.150.70
Coherent Corp57.655.570.92
ScreenerCompare valuation on Screener

Price Comparison

Price Comparison

Compare QBTS with any stock or ETF
Compare QBTS with any stock or ETF
Comparing from
QBTS
KEYS
COHR
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Frequently asked questions

  1. D-Wave Quantum Inc. Common Stock (QBTS) share price today is $11.65 as of October 24, 2026 at 1:29 AM IST. The stock touched a day high of $11.68 and a day low of $11.27.

  2. D-Wave Quantum Inc. Common Stock stock trades on NASDAQ under the ticker symbol QBTS.

  3. D-Wave Quantum Inc. Common Stock's market capitalization is $4.51B as of October 24, 2026 at 1:29 AM IST.

  4. D-Wave Quantum Inc. Common Stock's price-to-earnings (P/E) ratio is N/A as of October 25, 2026.

  5. D-Wave Quantum Inc. Common Stock's price-to-book (P/B) ratio is 5.89 as of October 25, 2026.

  6. Yes, You can buy D-Wave Quantum Inc. Common Stock shares from India through Tickertape, via our partnership with ViewTrade IFSC under the IFSCA Global Access framework, subject to RBI’s Liberalised Remittance Scheme (LRS) limits.

  7. Indian investors can buy D-Wave Quantum Inc. Common Stock shares in three steps: 1. Search D-Wave Quantum Inc. Common Stock on the Tickertape app and tap Invest. 2. Complete your one-time digital KYC. 3. Fund your account and buy from as low as $1 via fractional shares.

  8. Since D-Wave Quantum Inc. Common Stock trades in USD, an Indian investor's INR returns depend on both the stock's price movement and the USD-INR exchange rate. If the rupee depreciates against the dollar, INR returns are boosted beyond the stock's USD return; if the rupee appreciates, INR returns are reduced.

  9. Indian investors can start investing in D-Wave Quantum Inc. Common Stock (QBTS) shares from as little as $1 through fractional ownership on Tickertape - for example, $10 buys approximately 0.8582 shares at the current price of $11.65.

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