D Wave Quantum Inc (QBTS)

D-Wave Quantum Inc. is a common stock listing on the NYSE for a company focused on quantum computing systems, software, and related services. The business develops and delivers quantum computers, including its Advantage and Advantage 2 systems, along with the Ocean open-source tool suite and SDK for developers building applications on its platform. It also provides Leap, a cloud service that gives real-time access to quantum computers and hybrid solvers, as well as secure access and data protection services. Additional offerings include Leap hybrid solver services and D-Wave Launch, a program designed to help customers identify and develop in-production hybrid quantum applications. The company’s solutions are used in areas such as scheduling, routing, logistics, drug discovery, industrial design, portfolio optimization, and maintenance planning. Founded in 1999, D-Wave Quantum Inc. is based in Palo Alto, California.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Free Cash Flow / Net Income
NASDAQ-QBTS
$9.76
-44.4% Downside
Overvalued
$35.24
100.7% Upside
Bargain
Fair
0.0%
November 5, 2026
6.1x
530.6x
6.54 B
6.094 B
0.7%
97.3%
50.2
47.9%
Valuation • Fair Value

D Wave Quantum Inc (NASDAQ-QBTS) Fair Value by Valuation Model

Review the available estimates for D Wave Quantum Inc (NASDAQ-QBTS), including DCF Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$9.76

Estimated downside of 44.4% versus the current market price.

Fair Value Confidence

Low

Confidence level for the primary fair value estimate.

DCF Fair Value

$8.26

Discounted cash flow valuation reference.

Comps Fair Value

$10.26

Comparable-company valuation reference.

Analyst Price Target

$35.24

Analysts imply upside of 100.7%.

How to read these valuation models

Use the 5 available valuation references for D Wave Quantum Inc (NASDAQ-QBTS) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for D Wave Quantum Inc (NASDAQ-QBTS)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

12.425 M

Current operating scale indicator.

Revenue Forecast

42.809 M

Forward revenue estimate.

EBITDA

-161.2 M

Current operating profitability reference.

EBITDA Forecast

-130.5 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review D Wave Quantum Inc (NASDAQ-QBTS) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for D Wave Quantum Inc (NASDAQ-QBTS)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

42.80

Higher caution zone on this screen.

Altman Z-Score

50.2

Relatively strong balance-sheet zone.

FCF / Net Income

47.9%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for D Wave Quantum Inc (NASDAQ-QBTS). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for D Wave Quantum Inc (NASDAQ-QBTS)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 5, 2026

Days to Earnings

44

Dividend Yield

0.0%

No current dividend yield is indicated.

How to read events and dividends

This section helps investors track time-sensitive items for D Wave Quantum Inc (NASDAQ-QBTS), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

D Wave Quantum Inc (NASDAQ-QBTS) Stock Forecast & Technical Outlook

Review D Wave Quantum Inc (NASDAQ-QBTS) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for D Wave Quantum Inc (NASDAQ-QBTS) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Buy

The 1-hour technical read for D Wave Quantum Inc (NASDAQ-QBTS) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Buy

The daily technical read for D Wave Quantum Inc (NASDAQ-QBTS) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for D Wave Quantum Inc (NASDAQ-QBTS) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Sell

The monthly technical read for D Wave Quantum Inc (NASDAQ-QBTS) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for D Wave Quantum Inc (NASDAQ-QBTS)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, D Wave Quantum Inc (NASDAQ-QBTS) has a Strong Buy consensus, with 15 buy, 1 hold and 0 sell recommendations in the current data set.

Buy 15
Hold 1
Sell 0
FAQ Fast Investor Answers

D Wave Quantum Inc (NASDAQ-QBTS) Stock FAQ

Data-supported answers about D Wave Quantum Inc (NASDAQ-QBTS), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$9.76
Estimated downside 44.4%
Valuation Rating
Overvalued
Estimated downside of 44.4%
Analyst Target
$35.24
Implied upside 100.7%
Financial Health
Fair
Current financial-health read

The current fair value estimate for D Wave Quantum Inc (NASDAQ-QBTS) is $9.76. This implies an estimated downside of 44.4% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 44.4% versus the current market price.

The available analyst price target for D Wave Quantum Inc (NASDAQ-QBTS) is $35.24. The analyst target implies estimated upside of 100.7%.

The current financial health read for D Wave Quantum Inc (NASDAQ-QBTS) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for D Wave Quantum Inc (NASDAQ-QBTS) is November 5, 2026.

The latest available data indicates no current dividend yield for D Wave Quantum Inc (NASDAQ-QBTS).

The current market capitalization listed for D Wave Quantum Inc is 6.54 B.

The current enterprise value listed for D Wave Quantum Inc is 6.094 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for D Wave Quantum Inc is NASDAQ-QBTS, and the stock is listed on NASDAQ.

D Wave Quantum Inc (NASDAQ-QBTS) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for D Wave Quantum Inc is 0.7%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for D Wave Quantum Inc is 97.3%. Free float helps investors understand how much of the share base is available for public trading.