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D-WAVE QUANT (QBTS)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 40
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
What Does a D-Wave Quantum Insider's Sale of 23,850 Shares Mean for Investors?
D-Wave Quantum's Chief Human Resources Officer Sophie Ames sold 23,850 shares worth ~$505,000 on August 17, 2026, to cover tax obligations from RSU vesting. The sale is not a red flag as it was a non-discretionary transaction. Ames maintains a substantial position of 565,159 shares post-transaction. D-Wave, valued at $7.7 billion, continues to face operational challenges with Q2 revenue of $3.08 million and operating losses doubling to $53.3 million.
08/23/2026, 1:11 AM • The Motley Fool
Why D-Wave Quantum Stock Popped Today
D-Wave Quantum stock jumped 7.2% after BMO Capital analyst Harsh Kumar initiated coverage with an outperform rating, citing the company's revolutionary quantum computing technology and commercial revenues. However, the analyst notes D-Wave remains unprofitable and is expected to continue losing money through 2030, despite projected sales growth to $444 million by that year.
08/21/2026, 12:34 PM • The Motley Fool
The article compares D-Wave Quantum and Microsoft as quantum computing investments over the next 5 years. While D-Wave shows promising bookings growth (1,120% increase to $35.5M), it remains unprofitable with minimal revenue ($3M) and trades at an extremely expensive P/S ratio of 610. Microsoft, despite being primarily known for AI, has made significant quantum computing advances including its topoconductor technology and Azure Quantum services. With Azure surpassing $100B in annual sales, strong profitability ($4.74 EPS), and a reasonable P/E ratio of 27, Microsoft is positioned as the superior quantum computing investment.
08/19/2026, 3:37 AM • The Motley Fool
Got $200? 1 Quantum Computing ETF to Buy Right Now.
The Defiance Quantum ETF (QTUM) offers a diversified approach to investing in quantum computing and AI by spreading exposure across 80-90 companies in the ecosystem rather than betting on a single stock. The fund holds both pure-play quantum companies like D-Wave, IonQ, and Rigetti, as well as established tech firms embedding quantum and AI capabilities. While quantum computing remains a long-term play, current revenue comes from AI infrastructure, data platforms, and security tools, making it suitable for investors willing to tolerate volatility.
08/17/2026, 10:28 AM • The Motley Fool
D-Wave Could Unlock Massive Enterprise Demand but the Valuation Risk Is Real
D-Wave is advancing quantum computing into enterprise operations through hybrid computing frameworks and scientific simulation expansion, positioning itself for significant growth. However, the company faces challenges including uneven bookings, missed expectations, and a concerning valuation disconnect—revenue fell 44% year-over-year while market value rose 38%—leaving little margin for error.
08/17/2026, 6:15 AM • The Motley Fool
Better Quantum Computing Stock: IBM or D-Wave?
IBM and D-Wave are competing in the quantum computing race, but the article suggests that financial strength, enterprise reach, and ability to sustain through a long development cycle may matter more than arriving first. IBM's established position and resources could prove decisive over D-Wave's specialized quantum approach.
08/16/2026, 10:14 AM • The Motley Fool
D-Wave's Revenue Fell 44% in a Year. Its Market Value Rose 38%.
D-Wave Quantum's revenue declined 44% to $12.4 million year-over-year, yet its market value surged 38% to $7.5 billion. The divergence reflects strong future demand signals: first-half bookings jumped over 1,100% to $35.5 million (including a $20 million system sale), and remaining performance obligations reached $40.7 million. However, the company trades at 600x trailing revenue with significant losses ($48 million net loss in Q2 2026), requiring years of growth to justify its valuation.
08/11/2026, 2:23 PM • The Motley Fool
Microsoft offers a lower-risk approach to quantum computing exposure compared to pure-play quantum companies. Through Azure Quantum and Azure Quantum Elements, Microsoft integrates quantum capabilities into its existing AI and cloud infrastructure, allowing it to generate revenue today while building toward quantum supercomputers. This 'earn while you learn' model provides downside protection if quantum adoption is delayed, while still capturing upside if quantum computing scales successfully.
08/09/2026, 5:05 AM • The Motley Fool
Why D-Wave Quantum Stock Popped Today
D-Wave Quantum stock surged 10.7% after investment bank Wedbush initiated coverage with an outperform rating and $40 price target. Despite being unprofitable with only $12.4 million in annual revenue, Wedbush argues quantum computing companies should be valued on engineering and physics milestones rather than traditional profitability metrics. However, analysts forecast D-Wave will continue losing money through at least 2030 and may run out of cash by 2031.
08/03/2026, 3:24 PM • The Motley Fool
IonQ vs. D-Wave Quantum: Which Quantum Computing Stock Is a Better Buy in 2026?
IonQ and D-Wave Quantum are competing quantum computing companies with different technological approaches. IonQ uses trapped-ion technology and generated $130M in FY2025 revenue with 201.9% YoY growth, while D-Wave specializes in quantum annealing with $24.6M revenue and 178.5% growth. Both are unprofitable with significant operating losses, but IonQ is recommended as the better buy due to stronger revenue growth, the SkyWater Technology acquisition providing end-to-end chip capabilities, and a more comprehensive quantum solution portfolio.
08/02/2026, 9:34 AM • The Motley Fool
Quantum Computing Stocks Are Falling. Should You Buy IonQ or D-Wave, or Just Stick With Nvidia?
Quantum computing stocks IonQ and D-Wave have experienced significant declines recently, with IonQ down 37% and D-Wave down 28% over the past month. While both companies rely heavily on federal government contracts and funding, IonQ shows stronger revenue growth ($64.7M in Q1 2026, up 755% YoY) and cash reserves ($3.1B), whereas D-Wave faces challenges with declining revenue ($2.9M in Q1 2026, down 81% YoY). Nvidia, which provides foundational GPU infrastructure for quantum computing through its NVQLink platform, is positioned as the lower-risk play that benefits regardless of which quantum company succeeds.
07/23/2026, 12:30 PM • The Motley Fool
Is IonQ Stock a No-Brainer Buy? Here's What History Says.
IonQ's trapped-ion quantum computing technology offers competitive advantages, but the company faces significant challenges as a cash-burning startup competing against tech giants and other quantum computing firms. With $272 million in operating losses, dependence on outside capital, and 15% share dilution in the past year, history suggests IonQ should be treated as a speculative investment rather than a no-brainer buy.
07/23/2026, 5:26 AM • The Motley Fool
The article compares five quantum computing companies using different technological approaches. IonQ and Quantinuum lead in accuracy with trapped-ion technology (99.99% and 99.92% fidelity respectively). Rigetti uses faster superconducting qubits but lags in accuracy. Infleqtion pursues neutral-atom technology with moderate speed and accuracy. D-Wave focuses on quantum annealing for optimization problems and is developing superconducting qubits. The author recommends IonQ as the best single investment due to its accuracy lead and vertically integrated ecosystem approach.
07/22/2026, 1:15 PM • The Motley Fool
Despite massive gains in quantum computing stocks IonQ, Rigetti, and D-Wave since mid-2024, insiders at these companies have collectively sold over $988 million in stock over the past five years with minimal insider buying. The article warns that extreme valuations (P/S ratios of 60-459) and lack of insider confidence suggest caution, as broad-based adoption remains years away and historical tech bubbles typically precede major corrections.
07/22/2026, 5:06 AM • The Motley Fool
Is D-Wave Quantum a Millionaire-Maker Stock?
D-Wave Quantum, despite operating in the promising quantum computing sector, is unlikely to be a millionaire-maker stock. With a $6.2 billion market cap, only $12.4 million in annual revenue, and significant losses ($368 million net loss), the company faces intense competition from tech giants and a crowded market. The stock's expensive valuation and path to profitability make it a risky investment.
07/21/2026, 6:02 AM • The Motley Fool
Peers
Statistics
MoreInformation as of 08/21/2026
Company Profile
D-Wave Quantum Inc. engages in the development and delivery of quantum computing systems, software, and services worldwide. It provides Advantage and Advantage 2 quantum computers; Ocean, a suite of open-source tools; and Leap quantum cloud service, a cloud-based service that provides real-time access to quantum computers and quantum hybrid solvers; and secure access and data protection services, as well as Ocean software development kit (SDK), a Python-based SDK for developers to learn and build applications on company's server. The company also provides Leap hybrid solver service that offers a combination of quantum and classical computation resources and advanced algorithms to solve problems of enterprise scale; and D-Wave Launch, a phased approach to identify and build in-production quantum hybrid applications, including training sessions and quantum computing access. In addition, the company offers D-Wave Advantage annealing quantum computing systems; and Ocean developer tools. Its quantum solutions are used in allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization and maintenance, repair, and overhaul optimization. D-Wave Quantum Inc. was founded in 1999 and is based in Palo Alto, California.
Key Executives
- Alan E. Baratz
- John Markovich
- Diane Nguyen
- Sophie Ames
- Michelle Maggs
Current Ownership Distribution
- Institutions1.8B (82.42%)
- Mutual Funds327.6M (15.07%)
- Insiders54.5M (2.51%)
- Other0 (0.00%)