D-WAVE QUANTUM INC
QBTSNASDAQ🏆 #803 by market capQuantum Computing
$20.24▲ $0.05 (+0.27%)
Live1h—
24h▲ 0.3%
7d▼ 7.2%
14d▲ 14.7%
30d▲ 0.7%
1y▲ 16.4%
🏦Market Cap
$7.50B
Small Cap
📈Revenue Growth (YoY)
-44.2%
Declining
📊Gross Margin
64.2%
High
💵FCF Margin
—
⚖️P/S Ratio
605.2x
Expensive
Otter Score
60
Fair
Trading Snapshot
- Day Range
- $20.03 – $20.48
- 52-Week Range
- $12.75 – $46.75
- Volume
- $3.68B
- Avg Volume
- $2.77B
- Shares Outstanding
- 370.4M
- Next Earnings
- Sep 16, 2026
Fundamentals Snapshot
- Annual Revenue
- $12M
- Last Q Revenue
- $3M
- P/E Ratio
- —
- P/S Ratio
- 605.2x
- EPS (TTM)
- $-0.71
- Dividend Yield
- —
Why Investors Own QBTS
- ✓High-growth profile — revenue up +53.9% YoY with expanding Quantum Computing exposure.
- ✓Healthy economics — 46% gross margin and 9% free-cash-flow margin.
- ✓Early leadership in a potentially large emerging market.
⚠️ Key Risks
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
Revenue (TTM)
$12M▲ +60.8% YoY
Gross Margin (TTM)
46.4%▲ +3.8% YoY
Operating Income (TTM)
$3M▲ +60.8% YoY
Free Cash Flow (TTM)
$1M▲ +60.8% YoY
About D-WAVE QUANTUM INC
Quantum annealing systems.
🦦
Otter Score Breakdown
ⓘ💎Quality★★★★★
🚀Growth★★★★★
⚖️Valuation★★★★★
⚡Momentum★★★★★
Overall Score
Fair
60/100
Analyst Price Target
ⓘAverage Target
$26.17
▲ +29.3% Upside
High Target$30.99
Low Target$23.57
Based on 24 analysts
Latest News & Updates
🚀
Bloomberg·2h ago
D-WAVE QUANTUM INC tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
🛰️
Barron’s·5h ago
Analysts lift QBTS price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
🌌
Reuters·1d ago
D-WAVE QUANTUM INC announces new agreement to expand its footprint
The move broadens the company’s reach and could add incremental revenue over the next year.