Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services.
D Wave Quantum stock last closed at $16.66, down 2.69% from the previous day, and has increased 3.87% in one year. It has underperformed other stocks in the Computer Hardware industry by 2.53 percentage points. D Wave Quantum stock is currently +30.62% from its 52-week low of $12.76, and -64.36% from its 52-week high of $46.75.
At the moment, there are 372.44M shares of QBTS outstanding. The market capitalization of QBTS is $6.20B. In the last 24 hours, 12.77M QBTS shares were traded.
How to Buy D Wave Quantum Stock
Wondering how to invest in D Wave Quantum stock? Here's how.
Figure out where to buy D Wave Quantum stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy D Wave Quantum stock.
Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit money your brokerage account: Pick your payment method and add your info.
Research D Wave Quantum stock: The D Wave Quantum ticker symbol is QBTS. Is D Wave Quantum stock a good investment? Should you buy shares of QBTS? How do QBTS's underlying business fundamentals look? Do top analysts think D Wave Quantum is a good buy? Why has QBTS's stock price moved recently? (Hint: Our stock market research tools can help you understand if QBTS is a good stock to buy).
Place your QBTS buy order: Decide if you will purchase QBTS shares at the current market price or use a limit order to buy QBTS shares at a specific price.
Keep an eye on your QBTS position: Create a watchlist to track your position in D Wave Quantum shares.
Step 1: Figure out where to buy D Wave Quantum stock
You need an online brokerage account to access the NASDAQ market and buy QBTS stock.
A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you are able to invest in QBTS today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research D Wave Quantum stock
After you have decided on the best place to buy D Wave Quantum stock, it's absolutely critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
D Wave Quantum Metrics
QBTS Price
$16.66
1w %
-0.95%
1y %
3.87%
5y %
70.87%
P/E
-24.14x
P/B
5.73x
P/S
490x
PEG
N/A
Revenue
$12.43M
Earnings
-$248.70M
Fore. Rev. Growth
126.46%
Fore. Earn. Growth
N/A
Market Cap
$6.20B
Next Earnings
N/A
Next Dividend
N/A
QBTS Overview
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.
There are more short-term assets than short-term liabilities on the QBTS balance sheet.
QBTS has cash burn of 119755000. It has enough cash and short-term investments to cover this for at least one year.
Total QBTS debt is lower than 5 years ago, relative to shareholder equity.
QBTS has $546.22M in cash and short term investments. This is sufficient to cover its annual cash burn of $119.76M.
There are more short-term assets than long-term liabilities on the QBTS balance sheet.
QBTS has a low debt to equity ratio of 0.07.
Signs that QBTS is not financially healthy:
QBTS profit margin has gone down from -1,263.9% to -2,001.6% in the past year.
Is it a good time to buy QBTS stock, according to analysts?
Out of 9 Equities analysts who give ratings on QBTS, the consensus analyst rating on QBTS is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent QBTS Analyst Forecasts
Suji Desilva, a top 3% analyst from Roth Capital maintains QBTS with a strong buy rating and raises their QBTS price target from $30.00 to $40.00, on Jun 2, 2026.
Roth Capital's Suji Desilva raised their price target on D Wave Quantum (NYSE: QBTS) by 33.3% from $30 to $40 on 2026/06/02. The analyst maintained their Strong Buy rating on the stock.
Raising their price target, DeSilva reported that the event was very well attended, and the management expressed considerable confident regarding the company's quantum computing competitive position and growth opportunity.
Management emphasized the company's competitive differentiation in the form of demonstrated enterprise engagement and hardware sales reflecting an emphasis of adding commercial value and supporting superior customer outcomes, the analyst detailed.
Quinn Bolton, a top 1% analyst from Needham reiterates QBTS with a buy rating and maintains their QBTS price target from $40.00 to $40.00, on Jun 2, 2026.
Kingsley Crane, a top 11% analyst from Canaccord Genuity maintains QBTS with a strong buy rating and lowers their QBTS price target from $43.00 to $41.00, on May 13, 2026.
Troy Jensen, a bottom 10% analyst from Cantor Fitzgerald reiterates QBTS with a strong buy rating and maintains their QBTS price target from $40.00 to $40.00, on May 13, 2026.
Last year, QBTS revenue was $12.43M. During the last five year, QBTS's revenue has gone up by 10.03% per year. This was slower than the Computer Hardware industry average of 17.08%.
No, D Wave Quantum doesn't provide an income stream by paying out dividends.
What do other investors have to say about QBTS?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your QBTS buy order
There are two primary order types:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are mostly the easiest way to buy.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
How much does it cost to buy one D Wave Quantum share?
As of Sep 10, 2026, it costs $16.66 to buy one share of D Wave Quantum stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.48 shares of QBTS.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.