D-Wave Quantum Inc.
QBTSNYSETechnologyComputer Hardware
As of Oct 23, 2026 close
- Market cap
- $4.32B
- P/E (TTM)
- -
- Forward P/E
- -
- Dividend yield
- -
- 52-week range
- $11.35$37.62
- Volume (live)
- -
- Avg. volume (3M)
- 15.49M
D-Wave Quantum (QBTS) Stock Price & Financial Analysis
D-Wave Quantum Stock Price Chart
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Financial Metrics & Key Statistics
Fundamental metrics, valuation ratios, and profitability indicators
| Day's Range | $11.26 - $11.69 |
|---|---|
| 52-Week High | $37.62 |
| 52-Week Low | $11.35 |
| Open | $11.56 |
| Volume (last close) | 10.48M |
| Average Volume (3M) | 15.49M |
| Revenue (TTM) | 12.43M |
|---|---|
| Net Income (TTM) | -248.70M |
| Free Cash Flow (TTM) | -119.08M |
| EPS (TTM) | −$0.69 |
| Profit Margin | -2001.59% |
| Operating Margin | -1372.88% |
| Return on Equity (ROE) | -22.96% |
| Debt to Equity | 0.01 |
| Annual Dividend | $0.00 |
|---|---|
| Dividend Yield | 0.00% |
| Market Cap | 4.32B |
|---|---|
| Shares Outstanding | 370.84M |
| Price to Sales (P/S) | 348.01 |
| Price to Book (P/B) | 3.99 |
| EV/EBITDA | -15.55 |
| 50-Day MA | $16.82 |
|---|---|
| 200-Day MA | $20.01 |
| 1-Year Change | −62.56% |
Source: Market prices and company fundamentals. Data as of Oct 23, 2026. Data sources and methodology
D-Wave Quantum at a Glance
As of the Oct 23, 2026 close, D-Wave Quantum (QBTS) has a market capitalization of $4.32B. The stock trades at 348.0× sales. Over the trailing twelve months it lost $248.70M on revenue of $12.43M and burned $119.08M of free cash flow. Revenue fell 44.2% year over year.
As of its latest reported balance sheet, it holds $296.64M in cash and securities against $13.08M of debt, a net cash position of $283.57M.
D-Wave Quantum does not currently pay a dividend.
The share price is down 62.6% over the past year. At $11.66 (the Oct 23, 2026 close) it sits near the bottom of its 52-week range of $11.35 to $37.62, below its 200-day moving average of $20.01.
Based on 22 professional analyst ratings from the past 90 days, the consensus is Buy with an average price target of $35.79, 206.9% above the Oct 23, 2026 close.
Frequently Asked Questions About D-Wave Quantum
What is the current stock price for QBTS?
As of the Oct 23, 2026 close, QBTS stock trades at $11.66. The 52-week range is $11.35–$37.62, with a day range of $11.26–$11.69.
What is the P/E ratio for QBTS?
The P/E ratio (Price-to-Earnings) for QBTS is shown in the Key Statistics section. This valuation metric helps compare D-Wave Quantum Inc. to industry peers.
Does QBTS pay dividends?
D-Wave Quantum does not currently pay a regular dividend. It reported a net loss over the trailing twelve months, so it has no earnings to distribute. Check the Dividends tab for historical dividend information.
What do analysts recommend for QBTS?
Based on ratings from 22 professional analysts over the last 90 days, the consensus for QBTS is Buy. The average 12-month price target is $35.79, a 206.9% upside from the Oct 23, 2026 close of $11.66.
What is the market cap of QBTS?
As of the Oct 23, 2026 close, D-Wave Quantum's market capitalization is $4.32B, classifying it as a mid-cap company. D-Wave Quantum operates in the Technology sector within the Computer Hardware industry.