D-Wave QuantumQBTS
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
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]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Benchmark David Williams | 8%downside $14 | Buy Maintained | 12 May 2025 |
Needham Quinn Bolton | 14%downside $13 | Buy Maintained | 9 May 2025 |
Financial journalist opinion
Based on 52 articles about QBTS published over the past 30 days









