How to Buy D Wave Quantum Stock

D Wave Quantum Inc

DPCM Capital, Inc. focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

D Wave Quantum stock last closed at $23.52, down 8.94% from the previous day, and has increased 31.03% in one year. It has underperformed other stocks in the Computer Hardware industry by 3.15 percentage points. D Wave Quantum stock is currently +84.4% from its 52-week low of $12.76, and -49.69% from its 52-week high of $46.75.

At the moment, there are 369.91M shares of QBTS outstanding. The market capitalization of QBTS is $8.70B. In the last 24 hours, 35.49M QBTS shares were traded.

How to Buy D Wave Quantum Stock

Wondering how to invest in D Wave Quantum stock? Here's how.

  1. 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.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your payment method and add your info.
  4. 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).
  5. 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.
  6. 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 NYSE 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.

Our preferred brokerage: eToro

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  • Buy other assets: Such as ETFs and cryptocurrencies.

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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.

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  2. Input your personal data to start your new brokerage account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have filled out your info on the best stock trading app, you can securely and quickly fund your account:

Watch the walkthrough below to see the process of transferring funds into your new brokerage account.

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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
$23.52
1w %
-21.36%
1y %
31.03%
5y %
136.86%
P/E
-21.19x
P/B
7.74x
P/S
691.76x
PEG
N/A
Revenue
$12.44M
Earnings
-$368.00M
Fore. Rev. Growth
125.46%
Fore. Earn. Growth
N/A
Market Cap
$8.70B
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.

You can view all of the due diligence checks on QBTS's stock page.

How is QBTS stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge QBTS's fair value.

Using relative valuations measures:

  • QBTS may be undervalued based on its P/B ratio of 7.74x, relative to Computer Hardware industry P/B ratio of 19.86x

You can do more valuation research on QBTS's stock here.

Is QBTS a healthy company?

Signs that QBTS is financially healthy:

  • There are more short-term assets than short-term liabilities on the QBTS balance sheet.
  • QBTS has cash burn of 102716000. 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 $588.40M in cash and short term investments. This is sufficient to cover its annual cash burn of $102.72M.
  • 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 -617.8% to -2,957.2% in the past year.

Is it a good time to buy QBTS stock, according to analysts?

Out of 11 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

Troy Jensen, a top 24% 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.

Vijay Rakesh, a top 1% analyst from Mizuho maintains QBTS with a buy rating and lowers their QBTS price target from $31.00 to $29.00, on May 13, 2026.

Mizuho's Vijay Rakesh lowered their price target on D Wave Quantum (NYSE: QBTS) by 6.5% from $31 to $29 on 2026/05/13. The analyst maintained their Buy rating on the stock.

D-Wave Quantum reported its Q1 2026 earnings.

Rakesh said they revised their estimates following an assessment of the print, noting the quarter's robust bookings.

Earnings Report

For Q1 2026, D Wave Quantum reported:

  • Loss per share of $0.05, which beat the Zacks Consensus Estimate of $(0.08) but missed Q1 2025’s $(0.02).
  • Revenue of $2.86M, which missed the Zacks Consensus Estimate by 42.95% and, by 81%, Q1 2025’s $15M.

Management did not provide EPS and revenue guidance in its press release.

CEO Dr. Alan Baratz commented: “D-Wave’s Q1 performance highlights what sets this company apart: strong execution, expanding commercial adoption, and differentiated technology leadership across both annealing and gate model quantum computing.

“As the only quantum computing company pursuing both annealing and gate-model quantum computing systems, we believe that D-Wave is uniquely positioned to participate in the full addressable quantum computing market. 

“Our acquisition of Quantum Circuits is expected to meaningfully accelerate our delivery of a scalable, error-corrected gate model system, while our record-setting $10M quantum computing as a service agreement with a Fortune 100 company reinforced growing demand for our annealing systems. 

“We believe that D-Wave’s combination of commercial proof, technical breadth, and a differentiated path to gate-model error correction and scaling will be increasingly prominent as this market matures.”

Mark Lipacis, a top 2% analyst from Evercore ISI Group maintains QBTS with a buy rating and lowers their QBTS price target from $44.00 to $42.00, on Feb 27, 2026.

David Williams, a top 1% analyst from Benchmark reiterates QBTS with a strong buy rating and maintains their QBTS price target from $35.00 to $35.00, on Jan 23, 2026.

Antoine Legault, a top 34% analyst from Wedbush initiates coverage on QBTS with a buy rating and announces their QBTS price target of $35.00, on Dec 17, 2025.

You can dive deeper into what analysts are projecting on the D Wave Quantum stock forecast page.

QBTS Technical Indicators

SMA10
27.46
SMA20
25.02
SMA50
21.08
SMA100
20.52
SMA200
23.56
MACD
1.42
MACD Signal
1.93
MACD Histogram
-0.51
RSI
47.83
Stochastic %K
47.39
Stochastic %D
55.97
StochRSI %K
19.78
StochRSI %D
34.8

QBTS Growth Numbers

Last year, QBTS revenue was $12.44M. During the last four year, QBTS's revenue has gone up by 17.26% per year. This was slower than the Computer Hardware industry average of 30.73%.

You can research QBTS's earnings and revenue performance here.

Are QBTS insiders buying or selling the stock?

In the past 12 months, insiders at QBTS have sold more shares than they have bought.

John D. Dilullo, Director of QBTS, was the latest QBTS insider to sell. They sold $191,806.90 worth of QBTS shares on Jun 5, 2026.

Dig into more about who owns QBTS stock here.

Does QBTS provide a stable income stream?

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.

Click below to see what other community members have to say.

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:

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Step 6: Keep an eye on your QBTS position

Now that you own some shares in QBTS, you'll want to stay up-to-date on your new company.

Put QBTS on a watchlist to track the latest developments regarding your QBTS stock.

QBTS Feed

How to Buy Stock in D Wave Quantum

To summarize, here are the 6 steps to buy D Wave Quantum stock:

  1. Figure out where to buy D Wave Quantum stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research D Wave Quantum stock
  5. Place your QBTS buy order
  6. Keep an eye on your QBTS position

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in D Wave Quantum, create a watchlist today.

NYSE: QBTS
$23.52-2.31 (-8.94%)
Updated Jun 9, 2026
Open eToro Account
Your capital is at risk.
NYSE: QBTS
$23.52-2.31 (-8.94%)
Updated Jun 9, 2026
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one D Wave Quantum share?

As of Jun 9, 2026, it costs $23.52 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 $10, you can buy 0.425 shares of QBTS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy D Wave Quantum stock?

According to 11 Wall Street analysts who monitor D Wave Quantum, their consensus recommendation is to buy D Wave Quantum stock.

What is the best way to buy D Wave Quantum stock?

One way to place an order for D Wave Quantum stock is with a brokerage account.
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.