QBTS-WT Company Profile and Key Details

NYSE : QBTS-WT

D-Wave Quantum

$21.62

-0.96-4.25%

Open: 3:58 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

D-Wave Quantum Inc. (QBTS-WT) stock declined over -4.25%, trading at $21.62 on NYSE, down from the previous close of $22.59. The stock opened at $35.42, fluctuating between $20.72 and $35.42 in the recent session.

Stock Snapshot

22.59

Prev. Close

7.5B

Market Cap

20.72

Day Low

N/A

P/E Ratio

N/A

EPS (TTM)

-0.39

Cash Flow per Share

35.42

Open

346.72M

Number of Shares

35.42

Day High

91.1%

Free Float in %

-0.15

Book Value

307.77K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Nov 17, 2025	21.56	23.17	20.67	21.62	309.59K
Nov 14, 2025	35.42	24.68	19.86	22.58	529.95K
Nov 13, 2025	35.42	25.27	21.80	22.40	191.81K
Nov 12, 2025	35.42	30.73	26.43	26.68	163.25K
Nov 11, 2025	35.42	31.90	29.42	30.58	95.13K
Nov 10, 2025	35.42	34.21	30.03	31.09	128.38K
Nov 07, 2025	28.75	31.59	26.98	31.34	117.01K
Nov 06, 2025	32.91	33.95	29.50	29.50	58.79K
Nov 05, 2025	32.50	34.35	31.40	33.80	84.98K
Nov 04, 2025	34.23	35.68	31.35	31.49	84.96K
Nov 03, 2025	42.65	42.65	35.08	36.64	99.33K
Oct 31, 2025	40.64	42.85	39.91	42.21	106.54K
Oct 30, 2025	36.58	41.73	35.91	40.86	112.16K
Oct 29, 2025	35.42	38.78	35.20	38.14	82.06K
Oct 28, 2025	39.00	41.33	34.97	35.00	164.6K
Oct 27, 2025	38.07	42.62	37.05	39.41	276.55K
Oct 24, 2025	37.00	39.56	35.50	35.89	174.03K
Oct 23, 2025	35.65	37.06	31.89	33.68	405.83K
Oct 22, 2025	32.50	33.60	26.92	28.06	401.03K
Oct 21, 2025	37.60	37.80	33.69	35.41	487.34K

Contact Details

Burnaby, BC V5G 4M9

Canada

https://www.dwavesys.com 0

About Company

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Launch, a quantum computing onboarding service; Ocean a full suite of open-source programming tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community. It also provides D-Wave Launch, a quantum professional service that guides enterprises from problem discovery through in-production application deployment. The company's quantum solutions are used in artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. It serves manufacturing and logistics, financial services, life sciences, and other industries. D-Wave Quantum Inc. is based in Burnaby, Canada.

Stock Peers

ANET

6.5+5.22%

Arista Networks, Inc.$131.12 DELL

3.48+2.83%

Dell Technologies Inc.$126.42 PSTG

2.07+3.09%

Pure Storage, Inc.$69.13 IONQ

2.04+4.39%

IonQ, Inc.$48.48 IONQ-WT

0.23+0.64%

IonQ, Inc. WT$36.03 QBTS

1.92+7.71%

D-Wave Quantum Inc.$26.81 HPQ

-0.19-0.81%

HP Inc.$23.26 FATH

-0.22-4.17%

Fathom Digital Manufacturing Corporation$5.05 DM

0.05+1.02%

Desktop Metal, Inc.$4.96 MKFG

-0.02-0.42%

Markforged Holding Corporation$4.74

Company Overview

D-Wave Quantum Inc. (NYSE:QBTS-WT) closed at $21.62 USD, losing -$0.97 (-4.29%) from the previous close of $22.59. The stock is currently within 5% of its 52-week low $20.72 and $35.42. With a market capitalization of about $7.50 billion, D-Wave Quantum Inc. is classified as a mid-cap and shows higher-than-market volatility (beta ~1.52). Key stats such as the average daily volume over the past year has been around 6.83 million shares, volume is running light vs its 52-week average. Headquartered in Burnaby, BC, D-Wave Quantum Inc. operates in the Technology sector and the Computer Hardware industry. Led by CEO Alan E. Baratz, the company employs approximately 215 people and listed since December 11, 2020. D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide.

Technical Performance

QBTS-WT has shown sold momentum, gaining 19.79% over the past week and 58.64% over the past quarter, though year-to-date performance is up 58.64%.

Valuation Metrics

D-Wave Quantum Inc. trades at a P/E ratio of -23.0, slightly below the S&P 500 average, with a price-to-sales ratio of 385.0 and a price-to-book ratio of 13.68 reflecting a rich premium to book value. The P/FCF stands at -169.75, also below market averages. Compared to sector medians, D-Wave Quantum Inc. P/S is trading rich, and the P/B is far higher than peers, underscoring the brand and earnings power premium investors assign to the stock.

Dividend & Fair Value

D-Wave Quantum Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$0.28. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

D-Wave Quantum Inc. earnings surprise history is a mixed track record. The quarter that ended November 06, 2025, missed forecasts by -23.77%. The prior quarter beat by 56.86%. Over the last six quarters, Apple has recorded several small beats. These include -47.42% in May 08, 2025.

Financial & Profitability Overview

Over the trailing twelve months, D-Wave Quantum generated $8.76M in revenue, or $0.06 per share. Gross margin was 52.77%, operating margin -919.68%, and net profit margin -944.45%. Returns are negative, with ROA at -139.35% and ROE at 337.87%.
On valuation metrics, D-Wave Quantum trades at a P/E of -23.00, P/S of 385.00 and P/B of 13.68. The current ratio is 54.68 and quick ratio is 54.49. Operationally, the company’s inventory turnover is 1.47 and cash conversion cycle is 190.91 days. Debt-to-equity is 0.01, supported by a cash flow-to-debt ratio of -6.67.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, D-Wave Quantum posted revenue of $8.76M, down slightly from $7.17M in the prior quarter. Gross profit was $4.62M (margin 52.77%). Operating income was - $80.55M (margin -919.7%). Net income was- $82.72M (EPS - $0.60).
The company ended the quarter with $41.31M in cash and short-term investments, a total debt of $72.65M, and net debt of $31.34M. Total assets were $59.36M, with equity of - $24.48M. Financials further reflected weakness, with operating cash flow of - $60.65M, free cash flow of - $61.28M, and capital expenditures of - $630.00K.

Price Forecast & Outlook

Our AI price prediction model suggests that D-Wave Quantum Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -99.81%, with price expected at $0.04 by November 24, 2023, within a range of $0.03 to $0.05

Key Takeaways

D-Wave Quantum Inc. (NYSE:QBTS-WT) shares are up 58.64% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows D-Wave Quantum Inc. trading at a premium to the broader market with a P/E of -23.0.

Frequently Asked Questions

What is the current D-Wave Quantum Inc. (QBTS-WT) stock price?

D-Wave Quantum Inc. (NYSE: QBTS-WT) stock price is $21.62 in the last trading session. During the trading session, QBTS-WT stock reached the peak price of $35.42 while $20.72 was the lowest point it dropped to. The percentage change in QBTS-WT stock occurred in the recent session was -4.25% while the dollar amount for the price change in QBTS-WT stock was - $0.96.

QBTS-WT's industry and sector of operation?

The NYSE listed QBTS-WT is part of Computer Hardware industry that operates in the broader Technology sector. D-Wave Quantum Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of QBTS-WT?

No Data

How QBTS-WT did perform over past 52-week?

QBTS-WT's closing price is 4.34% higher than its 52-week low of $20.72 where as its distance from 52-week high of $35.42 is -38.96%.

How many employees does QBTS-WT have?

Number of QBTS-WT employees currently stands at 215.

Link for QBTS-WT official website?

Official Website of QBTS-WT is: https://www.dwavesys.com

How do I contact QBTS-WT?

QBTS-WT could be contacted at phone 0 and can also be accessed through its website. QBTS-WT operates from 3033 Beta Avenue, Burnaby, BC V5G 4M9, Canada.

How many shares of QBTS-WT are traded daily?

QBTS-WT stock volume for the day was 307.77K shares. The average number of QBTS-WT shares traded daily for last 3 months was 6.83M.

What is the market cap of QBTS-WT currently?

The market value of QBTS-WT currently stands at $7.50B with its latest stock price at $21.62 and 346.72M of its shares outstanding.

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

Employees	215
Beta	1.52
Sales or Revenue	$8.76M
5Y Sales Change%	-0.539%
Fiscal Year Ends	December
Sector	Technology
Industry	Computer Hardware

QBTS-WT Company Profile and Key Details

D-Wave Quantum

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Dividend & Fair Value

Earnings & Analyst Outlook

Company Overview

Financial & Profitability Overview

Quarterly Financial Highlights

Key Takeaways

Price Forecast & Outlook

Valuation Metrics