D-Wave Quantum Inc

D-Wave Quantum Inc (QBTS) Stock Analysis

$16.990

-0.863 (-5.08%)At close

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High
17.720
Open
17.560
VWAP
17.13
Vol
18.19M
Mkt Cap
200.56M
Low
16.675
Amount
311.64M
EV/EBITDA, TTM
-4.35

D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading.

AI analysis of D-Wave Quantum Inc (QBTS)

sell

D-Wave Quantum Inc is not a good buy right now due to significant recent declines and poor financial performance. The current price is $16.99, with a 5-day change of -16.67% and a year-to-date change of -39.60%. The company's operating loss more than doubled from $26.5 million to $54.7 million in Q2 2026, indicating serious profitability challenges. While analysts have a price target of $35, the recent CFO departure has created uncertainty, making it a risky investment at this time.

Valuation Metrics

The current forward P/E ratio for D-Wave Quantum Inc (QBTS) is 0.00, compared to its 5-year average forward P/E of -21.29.

Forward P/E

Fair
5Y Average P/E
-21.29
Current P/E
0.00
Overvalued
11.52
Undervalued
-54.09

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
-18.31
Current EV/EBITDA
-4.35
Overvalued
12.25
Undervalued
-48.86

Forward P/S

Fair
5Y Average P/S
79.89
Current P/S
78.25
Overvalued
190.90
Undervalued
-31.13

Alphio AI Price Scenarios for QBTS

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%QBTS

$52.37

Scenario price

B

Base

Base · 50%QBTS

$47.68

Scenario price

B

Bear

Bear · 25%QBTS

$37.33

Scenario price

Whales holding QBTS

D

Defiance ETFs, LLC

+ HoldingQBTS

-13.20%

3M Return

Events Timeline

2026-08-26 (ET)

16:30:00

Major Averages Quiet as Investors Digest Inflation Data

16:00:00

D-Wave Quantum CFO Markovich Retires, Greg Golkov Takes Over

12:30:00

Major Averages Trade Tepidly as Investors Await Nvidia Earnings

2026-08-25 (ET)

17:30:00

D-Wave Quantum CFO John Markovich Resigns

2026-08-19 (ET)

16:00:00

IBM Announces Integration of Quantum Modules, Aiming for First Fault-Tolerant Quantum Computer by 2029

News

QBTS FAQ — answered by Alphio AI

D-Wave Quantum Inc. is a quantum computing company, which is engaged in the development and delivery of quantum computing systems, software, and services. The Company builds and delivers systems, cloud services, application development tools, and professional services to support the end-to-end quantum computing journey for enterprises and developers. The Company's products include Cloud Platform, Systems, Professional Services, and others. Under its Cloud Platform, the Leap quantum cloud service delivers immediate, real-time access to its quantum computers and hybrid solvers services. Under its Systems, the Advantage quantum system is a quantum computer designed for business. It also offers quantum applications to a range of customers, including resource scheduling, factory scheduling, industrial construction design, drug discovery, and others. It offers solutions across workforce scheduling, production scheduling, vehicle routing, resource optimization, and cargo loading. It operates in the Technology sector (SERVICES-COMPUTER PROCESSING & DATA PREPARATION industry).

D-Wave Quantum Inc is not a good buy right now due to significant recent declines and poor financial performance. The current price is $16.99, with a 5-day change of -16.67% and a year-to-date change of -39.60%. The company's operating loss more than doubled from $26.5 million to $54.7 million in Q2 2026, indicating serious profitability challenges. While analysts have a price target of $35, the recent CFO departure has created uncertainty, making it a risky investment at this time.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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