D-Wave Quantum Inc. QBTS
At closeNov 6, 2026, 7:57 PM EST
After hours · Nov 6, 7:57 PM ET
- YTD
- -59.16%
- 1 year
- -62.38%
- Market cap
- 4.05B
- Revenue (ttm)
- 12.43M
- EPS (ttm)
- -0.69
- Shares out
- 376.45M
- Forward P/E
- -28.19
- YTD return
- -59.16%
- 1-year return
- -62.38%
- Volume
- 26.49M
- Avg volume
- 15.07M
- Open
- 9.45
- Previous close
- 9.05
- Day's range
- 9.21 – 10.80
- 52-week range
- 9.05 – 32.19
- Beta
- 2.33
- Analysts
- Strong Buy
- Price target
- 33.84 (+216.8%)
- Earnings date
- Nov 10, 2026
YTD -17.45 (-62.03%)
Key statistics
- Enterprise value
- 2.87B
- PEG ratio
- 0.00
- Price / sales
- 326.31
- Price / book
- 3.67
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -0.60%
- Free cash flow
- -73.38M
- Total cash
- 546.21M
- Total debt
- 48.11M
- Return on equity
- -27.98%
- Short % of float
- 23.66%
- 50-day average
- 14.73
- 200-day average
- 18.94
Analyst view
Consensus: strong buy
- Target (low)
- 18.36
- Target (mean)
- 33.84
- Target (high)
- 43.00
- Strong buy1
- Buy14
- Hold2
- Sell0
- Strong sell0
Next earnings
Nov 10, 2026
Expected Nov 10, 2026. Consensus EPS estimate -0.10.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 10, 2026 | Sep 30, 2026 | -0.10205 | — | — | — |
| Aug 6, 2026 | Jun 30, 2026 | -0.08467 | -0.10 | -0.02 | -18.11% |
| May 12, 2026 | Mar 31, 2026 | -0.07658 | -0.05 | +0.03 | +34.71% |
| Feb 26, 2026 | Dec 31, 2025 | -0.05 | -0.12 | -0.07 | -140.00% |
| Nov 6, 2025 | Sep 30, 2025 | -0.06559 | -0.41 | -0.34 | -525.10% |
| Aug 7, 2025 | Jun 30, 2025 | -0.06 | -0.55 | -0.49 | -816.67% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 2, 2026 | B. Riley Securities | main | Buy | Buy |
| Aug 7, 2026 | Rosenblatt | main | Buy | Buy |
| Jul 28, 2026 | Rosenblatt | main | Buy | Buy |
| Jul 27, 2026 | Benchmark | init | — | Buy |
| Jul 27, 2026 | Benchmark | init | — | Buy |
| Jun 15, 2026 | Mizuho | main | Outperform | Outperform |
About D-Wave Quantum Inc.
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.
- Sector
- Technology
- Industry
- Computer Hardware
- Country
- United States
- Website
- dwavequantum.com
News
Why Is D-Wave Quantum Stock Surging on Friday?
QBTS Investors Have Opportunity to Lead D-Wave Quantum Inc. Securities Fraud Lawsuit
Kaplan Fox Advises D-Wave Quantum Inc. (QBTS) Investors to Act Before the Lead Plaintiff Deadline on December 14, 2026
QBTS SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Reminds D-Wave Quantum Investors of Securities Class Action Lawsuit Deadline on December 15, 2026
QBTS Investor Alert: D-Wave Quantum Inc. Securities Class Action Notice - Contact SueWallSt
D-WAVE QUANTUM INC. (QBTS) SHAREHOLDER ALERT Bernstein Liebhard LLP Reminds D-Wave Quantum Inc. Investors of Upcoming Deadline
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages D-Wave Quantum Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - QBTS
INVESTOR DEADLINE: D-Wave Quantum Inc. Investors with Substantial Losses May Seek to Lead Class Action Lawsuit Before December 15, 2026 Deadline - QBTS
Why D-Wave Quantum Stock Led a Quantum Computing Crash in October
D-Wave Quantum Inc. (QBTS) Class Action Lawsuit: Investors Face December 15, 2026, Deadline - Kessler Topaz Meltzer & Check, LLP
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| AMES SOPHIE C | Officer | Sale | Jul 19, 2026 | 589,009 |
| BARATZ ALAN E | Chief Executive Officer | Sale | Jun 7, 2026 | 3,299,770 |
| BISCAY ROGER | Director | Stock Award(Grant) | Jun 3, 2026 | 23,617 |
| GHAI ROHIT | Director | Sale | Jun 14, 2026 | 23,617 |
| HOLT SHARON E | Director | Stock Award(Grant) | Jun 3, 2026 | 84,696 |
| MARKOVICH JOHN M | Chief Financial Officer | Sale | Jun 14, 2026 | 1,132,240 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 9.04% | 33,147,399 | 354.01M | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 6.00% | 22,021,534 | 235.19M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.35% | 15,940,671 | 170.25M | Jun 29, 2026 |
| UBS Group AG | 3.18% | 11,645,700 | 124.38M | Jun 29, 2026 |
| Geode Capital Management, LLC | 2.53% | 9,270,389 | 99.01M | Jun 29, 2026 |
| State Street Corporation | 2.46% | 9,029,667 | 96.44M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.02% | 11,073,409 | 118.26M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.61% | 9,567,102 | 102.18M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.18% | 7,992,784 | 85.36M | Jun 29, 2026 |
| VANGUARD WORLD FUND-Vanguard Information Technology Index Fund | 1.48% | 5,438,251 | 58.08M | Aug 30, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Growth Index Fund | 1.26% | 4,603,773 | 49.17M | Jun 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 1.15% | 4,205,702 | 44.92M | Jun 29, 2026 |
