QBTS D-Wave Quantum Inc.
USTechnologyAs of 2026-07-09 16:01
Why QBTS matters now
D-Wave Quantum Inc. (QBTS) is a US stock in Technology. The latest InvestLog snapshot shows $21.16 with +2.52% on the session and $7.77B in market capitalization; recent performance reads 1-month +35.73% and YTD -5.58%.
The latest financial table shown here is Q1 2026, with revenue of $2.9M, net income of $-18.4M, and EPS of $-0.05. Investors can compare that operating picture with valuation signals such as P/E unavailable and FCF yield -1.1%.
The latest indexable market news headline is "This Quantum Computing Stock Is Poised for a Sharp Selloff in the Second Half of 2026" from Fool - Investing News.
Additional event context on this page matters because analyst consensus is Buy with a median target of $35.00; recent insider activity includes AMES SOPHIE C filing F-InKind. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
—
PEG
—
P/B
8.07
P/S
728.69
EV/EBITDA
-22.70
DCF Value
$-0.24
FCF Yield
-1.1%
Div Yield
0.0%
Margins & Returns
Gross Margin
66.3%
Operating Margin
-1155.6%
Net Margin
-2957.2%
ROE
-44.1%
ROA
-30.7%
ROIC
-11.4%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.9M | $-18.4M | $-0.05 |
| Q4 2025 | $2.8M | $-42.3M | $-0.12 |
| FY 2025 | $24.6M | $-355.1M | $-1.11 |
| Q3 2025 | $3.7M | $-140.0M | $-0.41 |
Analyst Ratings
Consensus
Buy
Target (Consensus)
$33.25
Target (Median)
$35.00
Target Range
$22.00 - $41.00
Trading Activity
Insider Trades
Related Stocks
Latest News
Company Info
Sector
Technology
Industry
Computer Hardware
Country
CA
Exchange
—
Beta
2.06
Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.