QBTS
D-WAVE QUANT (QBTS)
NASDAQ
$11.57-$0.06 (-0.55%)
Price as of Oct 22, 2026 7:59 PM EDT
  • $4.6B
    Market Cap
  • -62.56%
    1-Year Change
  • Computer Hardware
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 25
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

QBTS Class Action Reminder - Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the D-Wave Quantum Inc. Class Action Lawsuit

A class action lawsuit has been filed against D-Wave Quantum Inc. (QBTS) for allegedly overstating its business and financial prospects during the period from February 26, 2026 to August 25, 2026. The stock declined significantly following disappointing Q2 2026 earnings results that missed analyst expectations and the resignation of the CFO. Investors have until December 15, 2026 to contact Robbins LLP regarding lead plaintiff eligibility.

10/22/2026, 5:27 PM • GlobeNewswire

Forget the Anthropic IPO. Here Are 6 Stocks Worth Watching.

The article analyzes six publicly traded tech stocks as alternatives to the anticipated Anthropic IPO, evaluating their potential to double by 2028. The stocks examined are IonQ, Archer Aviation, AST SpaceMobile, SoundHound AI, D-Wave Quantum, and Redwire. The analysis considers each company's market cap, cash runway, revenue conversion potential, and execution risks. Redwire and SoundHound AI are identified as having the most realistic paths to doubling, while IonQ and D-Wave are considered more speculative due to quantum computing's uncertain timeline to commercial viability.

10/21/2026, 10:21 PM • The Motley Fool

SHAREHOLDER ALERT: Bronstein Gewirtz & Grossman, LLC Announces Class Action Against D-Wave Quantum Inc. (NASDAQ: QBTS) — Investors Who Suffered Losses Are Encouraged to Contact the Firm

A securities class action lawsuit has been filed against D-Wave Quantum Inc. for allegedly making materially false and misleading statements about its business and financial prospects during the period of February 26, 2026 to August 25, 2026. The lawsuit was triggered by D-Wave's Q2 revenue miss ($3.08M vs. $4.03-4.08M expected) and the announcement of CFO John Markovich's retirement, both of which caused significant stock price declines.

10/21/2026, 10:00 AM • GlobeNewswire

QBTS Investors Have Opportunity to Lead D-Wave Quantum Inc. Securities Fraud Lawsuit with SBS Law

A shareholder class action lawsuit has been filed against D-Wave Quantum Inc. (NASDAQ: QBTS) for alleged violations of securities laws. The lawsuit claims the company made false and misleading statements about its operations and financial prospects during the period of February 26, 2026 to August 25, 2026. Investors who suffered losses are encouraged to participate, with a deadline of December 15, 2026.

10/20/2026, 10:43 AM • GlobeNewswire

IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Are Shaking Wall Street to Its Core With This $1 Billion Warning

Despite impressive stock gains over two years, insiders at four major quantum computing companies have sold $1.02 billion in net shares since October 2021 while purchasing less than $4.3 million collectively. The lack of insider buying, combined with valuations exceeding 30x sales and historical precedent of tech bubbles, suggests investor caution may be warranted as quantum computing optimization could take years.

10/20/2026, 5:06 AM • The Motley Fool

ROSEN, SKILLED INVESTOR COUNSEL, Encourages D-Wave Quantum Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – QBTS

Rosen Law Firm has filed a class action lawsuit against D-Wave Quantum Inc. (NASDAQ: QBTS) on behalf of investors who purchased securities between February 26, 2026 and August 25, 2026. The lawsuit alleges that D-Wave made materially false and misleading statements regarding its bookings, commercial adoption, and revenue projections, claiming that bookings declined in 2025 and that purported record 2026 bookings consisted primarily of contracts signed before the class period. Investors must move the court by December 15, 2026 to serve as lead plaintiff.

10/19/2026, 9:36 PM • GlobeNewswire

QBTS INVESTOR ALERT: D-Wave Quantum Inc. Investors with Substantial Losses May Seek to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces

Robbins Geller Rudman & Dowd LLP announced a class action lawsuit against D-Wave Quantum Inc. for alleged securities fraud. The lawsuit claims D-Wave made false and misleading statements about its business prospects during the Class Period (February 26 - August 25, 2026). The case was triggered by disappointing Q2 2026 earnings ($3.08M vs. $4.03-4.08M expected) and the CFO's resignation announcement, both causing significant stock price declines.

10/18/2026, 4:30 PM • GlobeNewswire

SHAREHOLDER ALERT: Bronstein Gewirtz & Grossman, LLC Announces Class Action Against D-Wave Quantum Inc. (NASDAQ: QBTS) — Investors Who Suffered Losses Are Encouraged to Contact the Firm

A securities class action lawsuit has been filed against D-Wave Quantum Inc. for allegedly making materially false and misleading statements about its business and financial prospects during the period of February 26, 2026 to August 25, 2026. The lawsuit was triggered by D-Wave's Q2 revenue miss (reporting $3.08M vs. expected $4.03-4.08M) and the announcement of CFO John Markovich's retirement, both of which caused significant stock price declines. Investors who purchased D-Wave securities during the class period may be eligible to recover losses, with a lead plaintiff deadline of December 15, 2026.

10/18/2026, 10:00 AM • GlobeNewswire

QBTS INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of D-Wave Quantum Inc. Investors – Holzer & Holzer, LLC Encourages Investors With Losses to Contact the Firm

A shareholder class action lawsuit has been filed against D-Wave Quantum Inc. (NASDAQ: QBTS), alleging that the company made false and misleading statements and overstated its business and financial prospects. Investors who purchased shares between February 26, 2026 and August 25, 2026 and experienced losses are encouraged to contact the law firm. The deadline to be appointed lead plaintiff is December 14, 2026.

10/16/2026, 8:43 PM • GlobeNewswire

Quantum Computing Is Still Years Away. These 6 Stocks Show Who Is Closest to Real Revenue.

Quantum computing companies remain years away from profitability, with most relying on stock sales rather than customer revenue. IBM has the financial capacity to wait until 2028-2029, IonQ shows real revenue growth but heavy cash burn and dilution, while D-Wave and Rigetti have promising bookings but minimal revenue. Alphabet and Nvidia are positioned as bystanders rather than quantum revenue stories.

10/16/2026, 9:19 AM • The Motley Fool

Could Investing $5,000 in D-Wave Quantum Stock Today Make You a Millionaire?

D-Wave Quantum has surged over 1,000% in two years, but the article cautions that much of this rally is driven by hype rather than operational results. While the company shows strong booking growth (1,120% YoY), revenue remains flat at $3.1M and operating losses doubled to $53.3M. With a P/S ratio of 362, the stock is priced for perfection, and analysts suggest waiting for a lower entry point despite the transformational potential of quantum computing technology.

10/15/2026, 11:55 AM • The Motley Fool

$1,000 in Each of These 6 Quantum, Air Taxi, and Satellite Stocks Could Be Worth This Much by 2030

The article examines six high-risk, high-reward stocks in emerging industries including quantum computing, eVTOL air taxis, and satellite networks. While these stocks have fallen over 60% from all-time highs and could potentially triple by 2030, each faces significant risks that could further depress share prices. The featured companies are D-Wave Quantum, Rigetti Computing, Archer Aviation, Joby Aviation, AST SpaceMobile, and SoundHound AI.

10/13/2026, 2:16 PM • The Motley Fool

QBTS Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages D-Wave Quantum Inc. Investors to Contact the Firm

D-Wave Quantum Inc. (NASDAQ: QBTS) is under investigation for potential federal securities law violations following disappointing Q2 2026 financial results with revenue of $3.08 million, missing analyst expectations of $4.03-$4.08 million. The company's stock fell over 9% on August 6, 2026, and again on August 26, 2026, following the announcement of its CFO's resignation. Kessler Topaz Meltzer & Check, LLP is encouraging affected investors to contact the firm regarding potential legal claims.

10/10/2026, 11:53 AM • GlobeNewswire

Not IonQ. Not D-Wave. This Magnificent Quantum Computing Stock Is the One to Own for the Long Haul.

While IonQ and D-Wave are making technological progress in quantum computing, both remain unprofitable with unproven business models and face substantial dilution risks. Alphabet is presented as the superior long-term quantum computing investment, leveraging its existing AI ecosystem, cloud infrastructure, and proven business model to integrate quantum computing opportunities without relying solely on the technology's success.

10/09/2026, 10:30 AM • The Motley Fool

Should You Buy These 4 Quantum Computing Stocks Before 2027?

The article examines four quantum computing stocks—IonQ, Rigetti Computing, D-Wave Quantum, and IBM—ahead of the potential $100 billion market by 2035. While all four companies have sufficient cash reserves to continue operations, the pure-play quantum stocks (IonQ, Rigetti, D-Wave) remain unprofitable with extremely high price-to-sales ratios and uncertain paths to commercialization. IBM, as a diversified tech company with quantum computing initiatives, offers a lower-risk alternative but has underperformed the market recently.

10/08/2026, 11:21 AM • The Motley Fool

Peers

Statistics

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Day Range
$11.40
$12.03
$11.63
1-Year Range
$11.63
$37.06
$11.63
Latest Close$11.63
Change
-$0.47 (-4.04%)
Volume13,597,780
Market Cap$4.6B
Shares Outstanding376.5M
P/E (TTM)-17.44
Diluted EPS (TTM)-$0.69
Enterprise Value$4.3B

Information as of 10/22/2026

Company Profile

$4.6B
Market Cap
-$248.7M
Net Income
Sector: Technology
Industry: Computer Hardware
2650 East Bayshore Road, Palo Alto, CA, United States, 94303
604 285 2881

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. The company has a collaboration with the University of Arkansas to establish leadership, education, and independent research focused on the application of quantum computing to supply chain management across retail, transportation, and national defense. 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 (79.59%)
  • Mutual Funds405.8M (17.98%)
  • Insiders54.9M (2.43%)
  • Other0 (0.00%)