D-Wave Quantum Inc. (QBTS)
Technology • Computer Hardware
StockNasdaqGSUnited StatesUS26740W1099
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Price history
Daily prices in USD. Dividends, results and news are marked on the day they happened; click a day to see them.
Updated 12 Nov 2026 21:08. Information, not advice. Showing the last 12 months. Create a free account to see the whole history
Results
Earnings per share: estimate and reported
Estimate Reported: beat Reported: miss In line
Quarterly results
| Date | EPS estimate | EPS reported | Surprise | Result |
|---|---|---|---|---|
| 10 Nov 2026 07:00 | -0.10 | -0.13 | -30.0% | Miss |
| 06 Aug 2026 07:00 | -0.09 | -0.13 | -42.2% | Miss |
| 12 May 2026 07:00 | -0.08 | -0.05 | +34.5% | Beat |
| 26 Feb 2026 07:00 | -0.06 | -0.09 | -45.9% | Miss |
| 06 Nov 2025 07:00 | -0.07 | -0.05 | +24.5% | Beat |
| 07 Aug 2025 07:00 | -0.05 | -0.08 | -47.4% | Miss |
| 08 May 2025 07:00 | -0.04 | -0.03 | +16.9% | Beat |
| 13 Mar 2025 07:00 | -0.06 | -0.08 | -25.0% | Miss |
| 14 Nov 2024 07:00 | -0.08 | -0.10 | -26.3% | Miss |
| 08 Aug 2024 07:00 | -0.08 | -0.11 | -45.0% | Miss |
| 13 May 2024 07:00 | -0.07 | -0.10 | -37.5% | Miss |
| 28 Mar 2024 07:00 | -0.08 | -0.09 | -10.6% | Miss |
| 09 Nov 2023 07:00 | -0.12 | -0.14 | -18.1% | Miss |
| 10 Aug 2023 07:00 | -0.13 | -0.16 | -24.5% | Miss |
| 19 May 2023 07:00 | -0.11 | -0.14 | -34.5% | Miss |
| 14 Apr 2023 07:00 | -0.13 | -0.12 | +6.0% | Beat |
| 10 Nov 2022 07:00 | -0.12 | -0.11 | +11.7% | Beat |
| 16 Aug 2022 16:00 | -0.13 | -0.12 | +7.7% | Beat |
Annual results · USD
| Year | Revenue | Change | Net income | Net margin | EPS | EPS change | Free cash flow |
|---|---|---|---|---|---|---|---|
| 2025 | 24.6M | +178.5% | -355.1M | -1,444.1% | -1.11 | -48.0% | -76.3M |
| 2024 | 8.8M | +0.8% | -143.9M | -1,630.0% | -0.75 | -25.0% | -45M |
| 2023 | 8.8M | +22.1% | -82.7M | -944.5% | -0.60 | -33.3% | -61.3M |
| 2022 | 7.2M | — | -53.7M | -748.7% | -0.45 | — | -45.7M |
| 2021 | — | — | — | — | — | — | — |
Dates and earnings per share from the company reports as collected by the data provider; the estimate is the analysts' average before the report. Information, not advice.
Prices by day, week and month
| Period | Opening price | High | Low | Closing price | Change | Volume | Dividend |
|---|---|---|---|---|---|---|---|
| 12 Nov 2026 | 10.05 | 10.40 | 9.81 | 9.84 | -7.61% | 13,495,210 | |
| 11 Nov 2026 | 10.94 | 11.02 | 10.48 | 10.65 | +1.62% | 14,770,200 | |
| 10 Nov 2026 | 11.06 | 11.40 | 10.11 | 10.48 | -8.63% | 26,608,800 | |
| 09 Nov 2026 | 10.71 | 11.79 | 10.47 | 11.47 | +7.40% | 19,909,100 | |
| 06 Nov 2026 | 9.45 | 10.80 | 9.21 | 10.68 | +18.01% | 26,485,300 | |
| 05 Nov 2026 | 10.04 | 10.14 | 8.48 | 9.05 | -12.81% | 25,327,200 | |
| 04 Nov 2026 | 10.44 | 10.72 | 10.13 | 10.38 | +0.10% | 11,927,200 | |
| 03 Nov 2026 | 10.16 | 10.51 | 10.13 | 10.37 | +2.78% | 8,530,800 | |
| 02 Nov 2026 | 10.80 | 10.93 | 10.02 | 10.09 | -5.26% | 11,584,000 | |
| 30 Oct 2026 | 10.91 | 11.09 | 10.23 | 10.65 | -7.87% | 18,638,900 | |
| 1,251 older periods: create a free account to see the whole history | |||||||
Prices in USD, adjusted for splits but not for dividends. Weeks run Monday to Friday and months follow the calendar; the change compares each close with the previous period's. Dividends are those whose ex-dividend date falls in the period, per share. Information, not advice.
News
- Is D Wave Quantum (QBTS) Priced Too Richly For Its Book Value? (opens in a new tab) Simply Wall St. · 12 Nov 2026 22:10
- Wall Street Slashes D-Wave Stock Targets by Up to 55% (opens in a new tab) GuruFocus.com · 12 Nov 2026 19:44
- 191% Upside for D-Wave Quantum? Canaccord Thinks So, and Here’s How (opens in a new tab) TIKR · 12 Nov 2026 19:07
- IonQ Is Up 3% in a Week. Is Its “Industry Record” Guidance Really That Good? (opens in a new tab) TIKR · 12 Nov 2026 18:20
- Rigetti Falls 5% After CEO Admits Quantum Can’t Yet Prove ROI; IonQ Sinks 8%, D-Wave Slides 5% (opens in a new tab) 24/7 Wall St. · 12 Nov 2026 17:55
- BMO Is Sticking With Its $35 Target on D-Wave Quantum, Even After a 67% Drop (opens in a new tab) TIKR · 12 Nov 2026 12:57
- Quantum Stocks Slide as Rigetti, D-Wave Results Disappoint, Nvidia Turmoil Overshadows IonQ (opens in a new tab) Benzinga · 12 Nov 2026 09:57
- D-Wave gets Wedbush vote of confidence as bookings surge 611% (opens in a new tab) Proactive · 11 Nov 2026 18:35
- IonQ Raised the Bar, But 3 Quantum Rivals Face Tough Questions (opens in a new tab) MarketBeat · 11 Nov 2026 16:40
- QBTS Q3 Earnings Call Highlights System Sales and Quantum Roadmap (opens in a new tab) Zacks · 11 Nov 2026 16:35
- Rigetti Drops 5% on Revenue Miss and Soft 2026 Outlook; IonQ Slides 2%, D-Wave Rises 2% (opens in a new tab) 24/7 Wall St. · 11 Nov 2026 16:02
- D-Wave stock rises, Rigetti shares fall as quantum company earnings divide investors (opens in a new tab) 11 Nov 2026 15:43
- Canaccord Genuity Maintains Buy on D-Wave Quantum, Lowers Price Target to $31 (opens in a new tab) Benzinga · 11 Nov 2026 15:36
- D-Wave Quantum’s Growing Interest In System Sales Bodes Well For 2027 Shipments, Analyst Says (opens in a new tab) Benzinga · 11 Nov 2026 14:11
- D-Wave Quantum Crashed 60% in 2026 But This Major Investment Bank Expects Shares to Quadruple (opens in a new tab) 24/7 Wall St. · 11 Nov 2026 12:15
Headlines link to the original articles of the publishers shown; Kyvero does not write, check or endorse them. Only the most relevant news about each company is kept. Information, not advice.
Key data
- Previous close
- 10.65 USD
- Market cap
- 3.7B
- Exchange
- NasdaqGS
- Country
- United States
- Sector
- Technology
- Industry
- Computer Hardware
- Currency
- USD
Dividends
No dividends on record.
Why this score
| Part of the score | Points | Why |
|---|---|---|
| Business growth Yearly growth of revenue and of earnings per share. | 25.0 / 25 |
|
| Quality Return on equity, net margin and how stable the margins are. | 0.0 / 25 |
|
| Financial strength Net debt against operating earnings, interest cover and free cash flow. | 1.9 / 20 |
|
| Valuation Free cash flow yield and the P/E against its sector. | 0.0 / 15 |
|
| Analysts How far the analysts' average target is from today's price. | 10.0 / 10 |
|
- Score capped at 60: free cash flow was negative in two of the last three years
- Thin interest cover: operating profit is only -25.0× the interest
- The last full year was a loss
Growth profile: it pays no dividend, so it is scored on business growth, quality and financial strength. Based on 95% of the figures (grade A). Warnings take 12 points off.
Warnings take points off and some cap the score. In your account the score also considers how the share fits your portfolio. How the score works
Figures
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| P/E (forward) | -27.49× | Weak | 16.48× |
| Price / book | 4.41× | Weak | 4.16× |
| Price / sales | 320.2× | Weak | 4.03× |
| EV / EBITDA | -23.41× | Weak | 16.35× |
| Free cash flow yield | -1.8% | Weak | 3% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Gross margin | 64.2% | Good | 49.3% |
| Operating margin | -1,732.1% | Weak | 10.2% |
| Net margin | 0% | Weak | 7.4% |
| Return on equity | -28% | Weak | 11.9% |
| Return on assets | -10.7% | Weak | 4.6% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Revenue growth / year | 50.8% | Good | 8.3% |
| Figure | Value | Reading | Sector median |
|---|---|---|---|
| Debt / equity | 0.04× | Good | 0.28× |
| Interest cover | -25.01× | Weak | 6.18× |
| Current ratio | 20.55× | Good | 2.03× |
The reading follows general rules of thumb and each sector has its own norms: compare with the sector median when it is shown. Information, not advice.
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