NASDAQ: QBTS
D Wave Quantum Inc Stock

$19.35+0.67 (+3.59%)
Updated Aug 25, 2026
QBTS Price
$19.35
Fair Value Price
-$0.50
Market Cap
$7.21B
52 Week Low
$12.76
52 Week High
$46.75
P/E
-28.04x
P/B
6.65x
P/S
715.91x
PEG
N/A
Dividend Yield
N/A
Revenue
$12.43M
Earnings
-$248.70M
Gross Margin
64.2%
Operating Margin
-2,197.55%
Profit Margin
-2,001.6%
Debt to Equity
0.07
Operating Cash Flow
-$111M
Beta
1.65
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

QBTS Overview

Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine QBTS's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -6.47% per year. Learn More

Zen Rating Component Grades

F
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Computer Hardware

Industry Rating
C
QBTS
Ranked
#25 of 31

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$1,480.77A
$11.84A
$451.50A
View Top Computer Hardware Stocks

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QBTS News

Overview

Due Diligence Score

Industry Average (31)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how QBTS scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

QBTS ($19.35) is overvalued by 3,951.26% relative to our estimate of its Fair Value price of -$0.50 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
QBTS ($19.35) is not significantly undervalued (3,951.26%) relative to our estimate of its Fair Value price of -$0.50 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
QBTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more QBTS due diligence checks available for Premium users.

Valuation

QBTS fair value

Fair Value of QBTS stock based on Discounted Cash Flow (DCF)

Price
$19.35
Fair Value
-$0.50
Undervalued by
3,951.26%
QBTS ($19.35) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
QBTS ($19.35) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
QBTS is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

QBTS price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-28.04x
Industry
37.96x
Market
19.11x

QBTS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
6.65x
Industry
19.25x
QBTS is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

QBTS's financial health

Profit margin

Revenue
$3.1M
Net Income
-$48.0M
Profit Margin
-1,561.4%
QBTS's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
QBTS's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.2B
Liabilities
$75.3M
Debt to equity
0.07
QBTS's short-term assets ($560.59M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
QBTS's short-term assets ($560.59M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
QBTS's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
QBTS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$28.5M
Investing
-$8.5M
Financing
-$4.7M
QBTS's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

QBTS vs Computer Hardware Stocks

TickerZen RatingMarket Cap1d %P/EP/B
QBTSD$7.21B+3.59%-28.04x6.65x
RGTID$5.65B+3.48%-23.21x10.52x
QUBTF$1.91B+2.67%-169.20x1.20x
IQMX$1.89B+2.49%-2.16x9.11x
ADIGC$1.69B+0.77%N/A0.69x

D Wave Quantum Stock FAQ

What is D Wave Quantum's quote symbol?

(NASDAQ: QBTS) D Wave Quantum trades on the NASDAQ under the ticker symbol QBTS. D Wave Quantum stock quotes can also be displayed as NASDAQ: QBTS.

If you're new to stock investing, here's how to buy D Wave Quantum stock.

What is the 52 week high and low for D Wave Quantum (NASDAQ: QBTS)?

(NASDAQ: QBTS) D Wave Quantum's 52-week high was $46.75, and its 52-week low was $12.76. It is currently -58.61% from its 52-week high and 51.71% from its 52-week low.

How much is D Wave Quantum stock worth today?

(NASDAQ: QBTS) D Wave Quantum currently has 372,439,933 outstanding shares. With D Wave Quantum stock trading at $19.35 per share, the total value of D Wave Quantum stock (market capitalization) is $7.21B.

D Wave Quantum stock was originally listed at a price of $9.97 in Oct 21, 2020. If you had invested in D Wave Quantum stock at $9.97, your return over the last 5 years would have been 94.08%, for an annualized return of 14.18% (not including any dividends or dividend reinvestments).

How much is D Wave Quantum's stock price per share?

(NASDAQ: QBTS) D Wave Quantum stock price per share is $19.35 today (as of Aug 25, 2026).

What is D Wave Quantum's Market Cap?

(NASDAQ: QBTS) D Wave Quantum's market cap is $7.21B, as of Aug 26, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

D Wave Quantum's market cap is calculated by multiplying QBTS's current stock price of $19.35 by QBTS's total outstanding shares of 372,439,933.
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