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D-Wave Quantum Inc. (QBTS) Stock

Technology · Computer Hardware · US
$10.65 +1.62%
Last updated Nov 12, 2026 09:20 UTC

QBTS Key Statistics

Market Cap$4.01B
P/E (TTM)-15.01
P/S (TTM)322.67
P/B (TTM)3.65
Revenue (TTM)$12.43M
EPS (TTM)$-0.71
Dividend Yield—
ROE (TTM)-26.67%
Net Margin-2,001.59%
Gross Margin64.19%
52W High$32.39
52W Low$8.48
Analyst ViewBuy
Price Target$36.14
Employees385
Volume14,617,861

About D-Wave Quantum Inc.

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.

CEO: Alan E. Baratz. Company website

QBTS — Frequently Asked Questions

What is the QBTS stock price today?

D-Wave Quantum Inc. (QBTS) trades at $10.65, up 1.62% on the day, as of Nov 12, 2026 09:20 UTC.

What is D-Wave Quantum Inc.'s market cap?

D-Wave Quantum Inc. has a market capitalisation of $4.01B, calculated from the live QBTS share price and shares outstanding.

What is the P/E ratio of QBTS?

QBTS has no meaningful price-to-earnings ratio: D-Wave Quantum Inc. lost $0.71 per share over the last twelve months, and a P/E is only defined on positive earnings.

How much revenue does D-Wave Quantum Inc. make?

D-Wave Quantum Inc. generated revenue of $12.43M over the trailing twelve months, which puts the stock at 322.67 times sales.

What is the 52-week range for QBTS?

QBTS has traded between $8.48 and $32.39 over the past 52 weeks, and the last price is 67.1% below that high.

Is D-Wave Quantum Inc. profitable?

No. D-Wave Quantum Inc. is loss-making, with a net margin of -2,001.59% over the trailing twelve months.

What is the analyst price target for QBTS?

Wall Street analysts rate QBTS Buy, with an average price target of $36.14, 239.3% above the current price.

What sector is D-Wave Quantum Inc. in?

D-Wave Quantum Inc. is classified under the Technology sector and the Computer Hardware industry, and is domiciled in US.

Who is the CEO of D-Wave Quantum Inc.?

Alan E. Baratz is the chief executive of D-Wave Quantum Inc., which employs 385 people.

Where can I track QBTS in real time?

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ETFs holding QBTS

IGV iShares Expanded Tech-Software Sector ETF 0.12% IWM iShares Russell 2000 ETF 0.12% SCHA Schwab U.S. Small-Cap ETF 0.08% VGT Vanguard Information Technology ETF 0.05% FTEC Fidelity MSCI Information Technology Index ETF 0.04% VTI Vanguard Morningstar Total Stock Market ETF 0.01% VT Vanguard Total World Stock ETF 0.00% SCHB Schwab U.S. Broad Market ETF 0.00%

Largest institutional holders of QBTS

BlackRock, Inc. BLK 33,147,399 shares
VANGUARD PORTFOLIO MANAGEMENT LLC 22,021,534 shares
VANGUARD CAPITAL MANAGEMENT LLC 15,940,671 shares
UBS Group AG 11,093,100 shares
GEODE CAPITAL MANAGEMENT, LLC 9,515,043 shares
STATE STREET CORP STT 9,029,667 shares
Clear Street Group Inc. 6,206,861 shares
NORGES BANK 4,477,459 shares
NORTHERN TRUST CORP NTRS 3,367,998 shares

QBTS insiders on other boards

PD PagerDuty, Inc. DiLullo John D PEGA Pegasystems Inc. Ghai Rohit PSTG Pure Storage Inc. Krysler P. Kevan