QBTS Stock Summary and Trading Ideas (D-Wave Quantum Common Shares | NYSE:QBTS)

D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.

D-Wave Quantum Common Shares trades on the NYSE stock market under the symbol QBTS.

As of April 21, 2026, QBTS stock price declined to $20.36 with 34,268,199 million shares trading.

QBTS has a beta of 2.31, meaning it tends to be more sensitive to market movements. QBTS has a correlation of 0.08 to the broad based SPY ETF.

QBTS has a market cap of $7.53 billion. This is considered a Mid Cap stock.

Last quarter D-Wave Quantum Common Shares reported $3 million in Revenue and -$.09 earnings per share. This fell short of revenue expectation by $-1 million and missed earnings estimates by -$.03.

In the last 3 years, QBTS traded as high as $46.75 and as low as $.40.

The top ETF exchange traded funds that QBTS belongs to (by Net Assets): IWM, VTI, VB, VGT, VBK.

QBTS has outperformed the market in the last year with a price return of +217.1% while the SPY ETF gained +35.2%. However, in the short term, QBTS had mixed performance relative to the market. It has underperformed in the last 3 months, returning -24.7% vs +4.2% return in SPY. But in the last 2 weeks, QBTS shares have fared better than the market returning +44.0% compared to SPY +6.9%.

QBTS support price is $20.15 and resistance is $23.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QBTS shares will trade within this expected range on the day.