D-Wave Quantum
QBTS
Market cap $5.33B

17.06 USD

-0.61

3.45%

At close Jul 30, 4:00 PM EDT

After hours

17.30

+0.24

1.41%

1 day

-3.45%

5 days

-13.14%

1 month

16.53%

3 months

146.89%

6 months

202.48%

Year to date

77.52%

1 year

1,686.39%

5 years

70.60%

10 years

70.60%

About: D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

Employees: 220

Technology Computer Hardware

0

Funds holding %

of 7,323 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

259% more repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 29

179% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 42

68% more call options, than puts

Call options by funds: $135M | Put options by funds: $79.9M

36% more funds holding

Funds holding: 195 [Q4 2024] → 266 (+71) [Q1 2025]

8% less capital invested

Capital invested by funds: $770M [Q4 2024] → $709M (-$61.1M) [Q1 2025]

8.29% less ownership

Funds ownership: 40.71% [Q4 2024] → 32.42% (-8.29%) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$12

30%

downside

Avg. target

$19.38

14%

upside

High target

$30

76%

upside

8 analyst ratings

8 positive

100%

0 neutral

0%

0 negative

0%

Rosenblatt Kevin Garrigan	76%upside $30	Buy Initiated	29 Jul 2025
B. Riley Securities Craig Ellis	29%upside $22	Buy Maintained	23 Jul 2025
Canaccord Genuity Kingsley Crane	17%upside $20	Buy Initiated	23 Jul 2025
Cantor Fitzgerald Troy Jensen	17%upside $20	Overweight Initiated	2 Jul 2025
Benchmark David Williams	17%upside $20	Buy Maintained	18 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 57 articles about QBTS published over the past 30 days

Green Stock News

Li Auto ($LI) | D-Wave Quantum ($QBTS) | Ameresco ($AMRC) | Clean Energy Fuels ($CLNE)

Welcome to the Green Stock News brief for Wednesday July 30th. Here are today's top headlines: Li Auto (NASDAQ: LI) has officially launched the Li i8, a six-seat battery electric SUV that blends off-road capability, sedan-like handling, and MPV-level comfort to redefine family mobility.

Li Auto ($LI) | D-Wave Quantum ($QBTS) | Ameresco ($AMRC) | Clean Energy Fuels ($CLNE)

D-Wave Quantum Announces Strategic Development Initiative for Advanced Cryogenic Packaging

PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, today announced a new strategic development initiative focused on advanced cryogenic packaging. Designed to advance and scale both gate model and annealing quantum processor development, the initiative builds on D-Wave's technology leadership in superconducting cryogenic packaging and will expand the company's multichip packaging capabilities, equipment.

D-Wave Quantum Announces Strategic Development Initiative for Advanced Cryogenic Packaging

Zacks Investment Research

QBTS Rides AI & Blockchain Wave: Will the Rally Last After Q2 Release?

QBTS unveils quantum AI and blockchain tools aimed at enterprise adoption, fueling optimism around its system sales strategy.

QBTS Rides AI & Blockchain Wave: Will the Rally Last After Q2 Release?

Investors Business Daily

Rosenblatt Securities Initiates Quantum Computing Stocks IonQ, D-Wave At Buy

Rosenblatt Securities initiated coverage on two quantum computing stocks, IonQ and D-Wave with buy ratings ahead of their second-quarter earnings reports.

Rosenblatt Securities Initiates Quantum Computing Stocks IonQ, D-Wave At Buy

D-Wave, SuperQ, and Verge: A New Path Forward for Quantum?

Finally breaking above $20 per share in mid-July, quantum computing giant D-Wave Quantum Inc. NYSE: QBTS extended its rally as it touched new all-time highs. As shares have nearly doubled in value year-to-date (YTD), investors will undoubtedly be watching the company's early-August earnings for clues about its ongoing commercialization efforts.

D-Wave, SuperQ, and Verge: A New Path Forward for Quantum?

Zacks Investment Research

QBTS Stock Before Q2 Earnings: Should You Buy Now or Wait?

QBTS stock soared 97% in Q2, but with revenue normalization and a premium valuation, caution may be warranted ahead of earnings.

QBTS Stock Before Q2 Earnings: Should You Buy Now or Wait?

Investors Business Daily

Quantum Computing Stocks Gear Up for Q2 Earnings: Chasing Growth, Fighting Losses

Second quarter earnings are due for quantum computing stocks starting in early August as investors eye revenue growth amid losses.

Quantum Computing Stocks Gear Up for Q2 Earnings: Chasing Growth, Fighting Losses

The Motley Fool

Where Will D-Wave Quantum Stock Be in 3 Years?

D-Wave Quantum (QBTS -4.45%), a provider of quantum annealing services, has taken its investors on a wild ride since going public, nearly three years ago, by merging with a special purpose acquisition company (SPAC). It opened at $10, sank below $1 in 2023, but now trades at about $17.

Where Will D-Wave Quantum Stock Be in 3 Years?

The Motley Fool

Could a Quantum Computing Bubble Be About to Pop? History Offers a Clear Answer

Last summer, companies such as IonQ (IONQ -1.80%), Rigetti Computing (RGTI -3.20%), D-Wave Quantum (QBTS -4.50%), and Quantum Computing (QUBT -1.42%) were unknown penny stocks.

Could a Quantum Computing Bubble Be About to Pop? History Offers a Clear Answer

Quantum Stock Tracker: D-Wave Rated A 'Buy', Rigetti Sets Q2 Earnings Date

Quantum stocks saw bullish analyst coverage this week and announced dates for second-quarter earnings releases.

Quantum Stock Tracker: D-Wave Rated A 'Buy', Rigetti Sets Q2 Earnings Date

See News Rankings

Charts implemented using Lightweight Charts™