QBTS Stock Overview
Develops and delivers quantum computing systems, software, and services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Community vs My Fair Value
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D-Wave Quantum Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$7.25 |
| 52 Week High | US$11.95 |
| 52 Week Low | US$0.75 |
| Beta | 0.86 |
| 1 Month Change | -28.57% |
| 3 Month Change | 53.28% |
| 1 Year Change | 358.86% |
| 3 Year Change | -26.69% |
| 5 Year Change | n/a |
| Change since IPO | -28.57% |
Recent News & Updates
D-Wave: Too Complex, Too Uncertain, Just Avoid
Mar 25D-Wave Quantum: A Hot Stock, But I'll Pass
Mar 17Recent updates
D-Wave: Too Complex, Too Uncertain, Just Avoid
Mar 25D-Wave Quantum: A Hot Stock, But I'll Pass
Mar 17D-Wave: I No Longer See An Asymmetric Risk/Reward Bet
Mar 10D-Wave Quantum: Another Rally To Sell
Feb 24D-Wave Quantum: Large TAM And First-Mover Advantage
Jan 22D-Wave: The Only Quantum Computing Company For A Decade
Jan 14D-Wave Quantum Stock Is Trading Above Its Fundamental Worth, But It's Too Risky To Bet Against It
Jan 04Quantum Could Be 2025's Buzzword, But I Think D-Wave Quantum Is Dangerously Poised
Dec 28D-Wave Quantum: Not Chasing This Rally Based Solely On Hope
Dec 16Why I'm Doubling Down On D-Wave Quantum During This Pullback
Nov 27The Trump-Musk Effect: Can D-Wave Quantum Sustain Its Meteoric Rise Amid Financial Turmoil?
Nov 19D-Wave: Buying Before Earnings
Oct 30D-Wave: Aiming To Leverage Zapata's Industrial Generative AI
Mar 08Quantum Races: D-Wave's Bold Bet Against Giants
Oct 23D-Wave Q2: Profitability Issues, But Its Product Is Seeing Traction From AI
Aug 11D-Wave: Quantum Computing Might Be With Us
Jun 04Shareholder Returns
| QBTS | US Software | US Market | |
|---|---|---|---|
| 7D | 9.8% | 7.6% | 5.8% |
| 1Y | 358.9% | 1.0% | 4.8% |
Return vs Industry: QBTS exceeded the US Software industry which returned 1% over the past year.
Return vs Market: QBTS exceeded the US Market which returned 4.8% over the past year.
Price Volatility
| QBTS volatility | |
|---|---|
| QBTS Average Weekly Movement | 22.8% |
| Software Industry Average Movement | 9.1% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: QBTS's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: QBTS's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 218 | Alan Baratz | www.dwavesys.com |
D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source python 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 developer community. It offers D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access.
D-Wave Quantum Inc. Fundamentals Summary
| QBTS fundamental statistics | |
|---|---|
| Market cap | US$2.11b |
| Earnings (TTM) | -US$143.88m |
| Revenue (TTM) | US$8.83m |
239.3x
P/S Ratio-14.7x
P/E RatioIs QBTS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QBTS income statement (TTM) | |
|---|---|
| Revenue | US$8.83m |
| Cost of Revenue | US$3.26m |
| Gross Profit | US$5.56m |
| Other Expenses | US$149.44m |
| Earnings | -US$143.88m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.49 |
| Gross Margin | 63.02% |
| Net Profit Margin | -1,629.99% |
| Debt/Equity Ratio | 48.6% |
How did QBTS perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/14 20:50 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
D-Wave Quantum Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Williams | Benchmark Company |
| Craig Ellis | B. Riley Securities, Inc. |
| Christian Schwab | Craig-Hallum Capital Group LLC |