QBTS
D-Wave Quantum Inc.
NYSE: QBTS · TECHNOLOGY · COMPUTER HARDWARE
$27.55
-7.89% today
Updated 2026-06-03
Market cap
$11.17B
P/E ratio
—
P/S ratio
897.24x
EPS (TTM)
$-1.14
Dividend yield
—
52W range
$13 – $47
Volume
33.2M
WallStSmart proprietary scores
20
out of 100
Grade: F
Strong Sell
Investment rating
5.3
Growth
C+9.0
Quality
A+2.5
Profitability
F5.0
Valuation
C+4/9
Piotroski F-Score
Moderate
6.5
Altman Z-Score
Safe zone
—
Industry rank
—
View all highly rated stocks (75+) →210 stocks currently score above 75
Price targets
Analyst target
$35.17
+27.66%
12-Month target
—
—
Intrinsic (DCF)
—
Margin of safety
—
1 Strong Buy12 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Altman Z 6.45 — safe zone
+ Debt/equity 0.04x — low leverage
Risks
- Thin margins at 0.00%
- Negative free cash flow $-46.04M
- Revenue declining -80.90% QoQ
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $7.17M | $8.76M | $8.83M | $24.59M | $12.44M | $0.1B |
| Net income | $-53.70M | $-82.72M | $-143.88M | $-355.06M | $-18.36M | — |
| EPS | — | — | — | — | $-1.14 | $-0.28 |
| Free cash flow | $-45.72M | $-61.28M | $-44.75M | $-75.84M | $-46.04M | — |
| Profit margin | -748.67% | -944.45% | -1,629.99% | -1,444.10% | — | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-22 | MARKOVICH, JOHN M. | Sale | 207,926 | $0.92 |
| 2026-05-22 | MARKOVICH, JOHN M. | Sale | 120,826 | $0.85 |
| 2026-05-22 | MARKOVICH, JOHN M. | Sale | 328,752 | $27.70 |
Peer comparison
Smart narrative
D-Wave Quantum Inc. trades at $27.55. Our Smart Value Score of 20/100 indicates the stock is weak. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 6.45, it sits in the safe zone. TTM revenue stands at $12.44M.
Frequently asked questions
What is D-Wave Quantum Inc.'s stock price?
D-Wave Quantum Inc. (QBTS) trades at $27.55.
Is D-Wave Quantum Inc. overvalued?
Smart Value Score 20/100 (Grade F, Strong Sell).
What is the price target of D-Wave Quantum Inc. (QBTS)?
The analyst target price is $35.17, representing +27.7% upside from the current price of $27.55.
What is the future stock price of QBTS by 2030?
Our research-backed model estimates D-Wave Quantum Inc. could reach $334.70 by 2030, based on analyst consensus, management guidance, and sector analysis.
What is D-Wave Quantum Inc.'s revenue?
TTM revenue is $12.44M.
Piotroski F-Score?
4/9 — moderate financial health.
Altman Z-Score?
6.45 — safe zone.
Company info
SectorTECHNOLOGY
IndustryCOMPUTER HARDWARE
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio897.24x
ROE-32.73%
Beta1.95
50D MA$19.50
200D MA$23.20
Shares out0.37B
Float0.36B
Short ratio—
Avg volume33.2M
Performance
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YTD—
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5 years—