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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 trades on the NASDAQ stock market under the symbol QBTS.
As of August 24, 2026, QBTS stock price declined to $18.88 with 9,252,866 million shares trading.
QBTS has a beta of 4.38, meaning it tends to be more sensitive to market movements. QBTS has a correlation of 0.25 to the broad based SPY ETF.
QBTS has a market cap of $7.03 billion. This is considered a Mid Cap stock.
Last quarter D-Wave Quantum reported $3 million in Revenue and -$.13 earnings per share. This fell short of revenue expectation by $-966,080 and missed earnings estimates by -$.03.
In the last 3 years, QBTS traded as high as $46.75 and as low as $.57.
The top ETF exchange traded funds that QBTS belongs to (by Net Assets): VTI, IWM, VB, VGT, VBK.
QBTS has outperformed the market in the last year with a return of +27.5%, while the SPY ETF gained +21.3%. However, in the most recent history, QBTS shares have underperformed the stock market with its stock returning -26.7% in the last 3 month period and -9.1% for the last 2 week period, while SPY has returned +3.1% and -1.3%, respectively.
QBTS support price is $19.24 and resistance is $21.54 (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.
