Hey there, fellow investors! Today, we’re going to unravel the story behind D-Wave Quantum Inc. (QBTS), a fascinating player in the Computer Hardware industry. This isn’t just another stock report; it’s a comprehensive journey into what makes QBTS tick, whether its current price truly reflects its value, and if it’s poised for future growth.
You might be wondering, “Is now the right time to add D-Wave Quantum Inc. to my portfolio?” That’s a crucial question, and one we aim to answer by breaking down everything from its financial health to its market sentiment. Let’s explore how QBTS stock is performing in today’s dynamic market.
QBTS Stock: Your Quick Snapshot of D-Wave Quantum Inc.’s Current Standing
As of November 2025, QBTS stock is trading at $23.44. We’re seeing a short-term pullback here, but it’s happening within a broader uptrend. The stock is currently below its 50-day moving average, yet it’s comfortably holding above the 200-day average.
Analysts are generally quite bullish on D-Wave Quantum Inc., with a 1-year price target of $37.58. That suggests a potential upside of a whopping +105.2%! However, don’t forget the significant volatility—we’re talking 103.6% annualized—which means price swings could be quite dramatic.
When it comes to fundamentals, D-Wave Quantum Inc. presents a mixed bag. On the bright side, the company boasts solid revenue growth, up nearly 99.90% year-over-year. But on the flip side, a high debt load, with a Debt/Equity ratio of 5.93x, is definitely something to keep an eye on.
What You’ll Discover in This Comprehensive QBTS Stock Report
We believe in giving you clear, actionable insights, not just a pile of numbers. Here’s a sneak peek at what we’ll cover to help you make an informed decision about QBTS:
- Is now a good time to buy? The technical indicators give a “Neutral” signal, but it’s worth noting the RSI is oversold at 16.9. Fundamentally, we’re leaning towards “caution” due to debt levels and growth metrics.
- Can its core operations drive future growth? The future of D-Wave Quantum Inc. will largely hinge on its performance within the Computer Hardware sector and its ability to navigate competitive pressures.
- What are the biggest risks? The company carries a debt of $39.79 million, which could become a significant challenge, especially in a rising interest rate environment. Plus, the quantum computing space is incredibly competitive, with both established giants and nimble startups vying for market share.
We know how frustrating it can be to read stock analyses filled with jargon or overly simplistic “just buy” advice. That’s not our style. Our goal is to provide clear, benefit-driven information, whether you’re a long-term investor or looking for short-term gains.
So, is D-Wave Quantum Inc. the right investment to help your money grow? Or are there hidden issues to be wary of? Stick with us as we dive into the data and uncover the full picture.
Key Metrics & QBTS Stock Forecast Summary
Let’s kick things off with a quick look at the vital statistics for QBTS. This summary gives you the essential numbers and projections at a glance, helping you understand the current market position and future outlook for D-Wave Quantum Inc..
| Metric | Value | Insight |
|---|---|---|
| Current Price | $23.44 | Live Market Price |
| Price Targets & Forecasts | ||
| 1-Month Forecast | $23.44 | 📈 +0.0% |
| 1-Year Forecast | $48.10 | 📈 +105.2% |
| Analyst Mean Target | $37.58 | 📈 +60.3% |
| Trend & Momentum | ||
| Trend | ⚖️ ● Mixed Trend | |
| RSI (14-day) | 16.9 | Oversold ❄️ |
| MACD | 📉 Bearish Short-Term Trend (-0.58) | |
| Key Technical Levels | ||
| Above SMA 50 | ❌ $32.13 | |
| Above SMA 200 | ✅ $20.68 | |
| 52-Week Range | 📏 $1.71 – $46.75 | |
| Volatility | ||
| Volatility (30d Ann.) | 103.6% | 🌪️ |
| Beta (vs. Market) | 1.52x | 🎢 (High Sensitivity) |
| Green Days (30d) | 16/30 (53%) | 🟡 |
| Ownership | ||
| Institutional Ownership | 52.34% | 🏢 |
| Short % of Float | 12.83% | 😰 (High Bearish Bets) |
Right now, QBTS stock is holding steady at $23.44. The technical indicators present a rather mixed picture. The price is currently below the 50-day moving average of $32.13 but remains above the 200-day moving average of $20.68. This suggests that while there might be some short-term weakness, the long-term momentum could still be positive for D-Wave Quantum Inc..
What’s particularly interesting is the Relative Strength Index (RSI), which sits at 16.9, indicating oversold conditions. This could hint at a potential bounce in the near future. However, the MACD indicator shows a bearish short-term trend at -0.58, implying that we might see some minor pullbacks before any significant upward movement.
Over the past year, QBTS has seen quite a ride, trading between $1.71 and $46.75. This wide range tells us that investor sentiment has been quite volatile. Currently, the stock is trading in the mid-range of its 52-week spectrum, suggesting that massive swings might be less likely unless a major catalyst emerges.
Looking ahead, analysts are forecasting strong growth for D-Wave Quantum Inc.. The 1-year target stands at $48.10, representing a potential +105.2% upside. The average consensus target is also a robust $37.58, or +60.3%. With 52.34% institutional ownership and a notable 12.83% short interest, it seems some investors are betting on a price decline, but significant institutional backing provides a degree of stability.
QBTS Stock Price Forecast Chart: Visualizing Future Trends
While we can’t embed an actual interactive chart here, imagine a visual representation of QBTS’s journey. This chart would typically display the recent average prices alongside a forecasted price range, including minimum, average, and maximum projections, based on sophisticated models like Prophet. It helps us visualize the potential trajectory of D-Wave Quantum Inc. over time.
Also Read – Cidara Therapeutics, Inc. (CDTX) Stock Analysis
Detailed QBTS Stock Price Forecast Table: Monthly Projections
Let’s dive into the nitty-gritty of the monthly price forecast for QBTS. This detailed table outlines the model’s expectations for D-Wave Quantum Inc.’s price evolution, showing a range from approximately $19.48 to $54.77. It includes projected ranges (Min, Avg, Max), the potential Return on Investment (ROI) based on the average projection versus the current price, and a derived model signal for each period.
Over the forecast horizon, from November 2025 to November 2026, the model projects QBTS’s price to fluctuate significantly. What’s interesting is that the forecast uncertainty appears relatively steady, with the price range showing little drastic change over this period.
| Month (Period) | Min. Price | Avg. Price | Max. Price | Potential ROI vs Current ($23.44) | Model Signal |
|---|---|---|---|---|---|
| 2025-11 | $23.44 | $23.44 | $23.44 | ● 0.0% | Hold/Neutral |
| 2025-12 | $19.48 | $28.82 | $37.80 | ▲ 22.9% | Consider Buy |
| 2026-01 | $27.11 | $31.33 | $37.50 | ▲ 33.7% | Consider Buy |
| 2026-02 | $26.06 | $29.78 | $32.88 | ▲ 27.0% | Consider Buy |
| 2026-03 | $27.97 | $31.64 | $34.77 | ▲ 35.0% | Consider Buy |
| 2026-04 | $25.61 | $29.57 | $33.22 | ▲ 26.1% | Consider Buy |
| 2026-05 | $25.19 | $34.77 | $45.26 | ▲ 48.4% | Consider Buy |
| 2026-06 | $43.93 | $47.24 | $49.50 | ▲ 101.5% | Consider Buy |
| 2026-07 | $41.92 | $45.08 | $48.20 | ▲ 92.3% | Consider Buy |
| 2026-08 | $40.11 | $44.83 | $48.20 | ▲ 91.2% | Consider Buy |
| 2026-09 | $29.27 | $34.70 | $42.76 | ▲ 48.1% | Consider Buy |
| 2026-10 | $34.69 | $48.10 | $54.77 | ▲ 105.2% | Consider Buy |
| 2026-11 | $41.47 | $46.59 | $51.73 | ▲ 98.8% | Consider Buy |
It’s crucial to remember that these forecasts are generated by complex models. They carry inherent uncertainty and can shift significantly with new data or sudden market changes. Future prices are never guaranteed, so always factor in potential volatility. For more real-time data, you can check Yahoo Finance for QBTS.
D-Wave Quantum Inc. (QBTS) Company Profile & Overview
Before we dive deeper into the numbers, let’s get a good grasp of what D-Wave Quantum Inc. (QBTS) actually does. Understanding its core business provides the essential context for all our analysis.
| Metric | Value |
|---|---|
| Sector | Technology |
| Industry | Computer Hardware |
| Market Cap | $8.21 Billion |
| Employees | 216 |
| Website | https://www.dwavequantum.com |
About D-Wave Quantum Inc.: Quantum Computing Innovator
D-Wave Quantum Inc. is at the forefront of the quantum computing revolution. The company develops and delivers advanced quantum computing systems, innovative software, and comprehensive services to clients worldwide. They’re making quantum technology accessible, which is a huge deal in the tech world.
Their offerings include cutting-edge Advantage and Advantage 2 quantum computers, which are truly pushing the boundaries of computation. They also provide Ocean, a robust suite of open-source tools, and their popular Leap quantum cloud service. This cloud service gives users real-time access to their quantum computers and quantum hybrid solvers, along with secure access and data protection.
Moreover, D-Wave Quantum Inc. offers the Leap hybrid solver service, combining quantum and classical computation resources with advanced algorithms to tackle enterprise-scale problems. They also have D-Wave Launch, a structured approach to help businesses identify and build in-production quantum hybrid applications, complete with training sessions and quantum computing access.
Their quantum solutions are incredibly versatile, finding applications in diverse fields such as allocation, resource scheduling, factory scheduling, vehicle routing, logistics optimization, drug discovery, industrial construction design, portfolio optimization, and even maintenance, repair, and overhaul optimization. Founded in 1999, D-Wave Quantum Inc. is based in Palo Alto, California, a hub of technological innovation.
Total Valuation: Is D-Wave Quantum Inc. (QBTS) Priced Right?
When we look at D-Wave Quantum Inc.’s valuation, a few interesting points emerge. The company has a market capitalization of $8.21 billion. However, its enterprise value is slightly lower at $7.41 billion. This difference indicates a strong net cash position of approximately $800 million, which provides a nice financial cushion and flexibility for future investments.
The valuation ratios tell a compelling story. At 306.93x EV/Revenue and -87.84x EV/EBITDA, D-Wave Quantum Inc. trades at a premium compared to many of its peers. This premium likely reflects the company’s strong market position and valuable brand assets in the nascent quantum computing space. However, it also means the stock might have less room for error.
The upcoming earnings report on November 6, 2025, will be a critical moment. It will show investors whether D-Wave Quantum Inc.’s businesses can truly grow into this premium valuation. Essentially, with QBTS, you’re paying for quality and future potential, but that quality definitely comes with a higher price tag.
| Metric | Value |
|---|---|
| Market Cap | $8.21 Billion |
| Enterprise Value | $7.41 Billion |
| EV/Revenue (TTM) | 306.93x |
| EV/EBITDA (TTM) | -87.84x |
| Next Earnings Date | 2025-11-06 |
QBTS Share Statistics: Ownership, Float, and Short Interest Insights
Understanding the share statistics of D-Wave Quantum Inc. (QBTS) gives us a clearer picture of who owns the company and how easily its shares can be traded. This can have a significant impact on price movements and overall market sentiment.
Almost all of the company’s 347 million shares are publicly available as a float, meaning a large amount isn’t locked up. A high float generally allows investors to trade the stock without causing drastic price shifts. However, it’s also worth noting that the company could issue more shares in the future, which might dilute the value of existing stock.
Interestingly, executives and major shareholders own a relatively small portion of the company, about 1.54%. While this helps align their interests with shareholders, it’s a lower percentage than some might expect. On the other hand, institutional ownership is quite healthy, coming in at 52.34%. This significant institutional backing provides a degree of stability and confidence in QBTS.
Now, let’s talk about short interest. With 43 million shares shorted, representing 12.83% of the float, a notable portion of the market is actively betting against the stock. This indicates a high perceived risk by some investors. It’s wise to watch for changes in short interest, as a sharp increase could signal growing doubt, while very low short interest during positive news might make a ‘short squeeze’ less likely.
| Metric | Value |
|---|---|
| Shares Outstanding | 347 Million |
| Implied Shares Outstanding | 350 Million |
| Shares Float | 339 Million |
| Insider Ownership | 1.54% |
| Institutional Ownership | 52.34% |
| Shares Short | 43 Million |
| Short Ratio (Days To Cover) | 0.70x |
| Short % of Float | 12.83% |
| Shares Short (Prior Month) | 56 Million |
| Short Date | 2025-10-31 |
D-Wave Quantum Inc. (QBTS) Valuation Metrics: P/E, Price/Sales, and More
Diving into QBTS’s valuation metrics reveals some interesting dynamics that require careful interpretation. For instance, the company’s Trailing P/E ratio is currently unavailable, but its Forward P/E stands at -90.15x. This negative forward P/E suggests that analysts expect the company to continue reporting losses in the near term, which is common for high-growth, early-stage technology companies like those in quantum computing.
Meanwhile, D-Wave Quantum Inc. trades at a Price/Sales ratio of 339.91x and a Price/Book of 12.09x. These are significantly high multiples. Such elevated ratios indicate that the market is assigning a substantial premium to QBTS, likely due to its potential for future growth in a cutting-edge industry, rather than its current profitability.
From an enterprise value perspective, the EV/Revenue ratio of 306.93x also points to a very high revenue-based valuation. The EV/EBITDA multiple of -87.84x, being negative, further emphasizes the company’s current unprofitability at the EBITDA level. These metrics collectively provide a comprehensive view of D-Wave Quantum Inc.’s current market positioning, highlighting its growth-oriented, high-valuation profile.
| Metric | Value |
|---|---|
| Forward P/E | -90.15x |
| Price/Sales (TTM) | $339.91 |
| Price/Book (MRQ) | $12.09 |
| EV/Revenue (TTM) | 306.93x |
| EV/EBITDA (TTM) | -87.84x |
QBTS Financial Health Check: Debt, Liquidity, and Cash Flow Analysis
Let’s take a closer look at QBTS’s financial health, which reveals several areas that warrant careful consideration for any investor. The company’s Return on Equity (ROE) at -122.03% and Return on Assets (ROA) at -11.71% indicate that D-Wave Quantum Inc. is not currently generating positive returns from its capital. These kinds of numbers are often seen in early-stage, high-growth companies that are heavily investing in their future, rather than established, stable firms.
A significant point of concern is the Debt/Equity ratio, which stands at a high 5.93x. While the company holds $836.23 million in cash, it also carries $39.79 million in total debt. This suggests that QBTS has taken on a substantial amount of debt to fuel its operations and growth, which can be a double-edged sword, especially in a volatile market or a high-interest-rate environment.
Adding to the caution, D-Wave Quantum Inc. reported a negative operating cash flow of -$51.59 million (TTM). This means the core business is currently consuming more cash than it’s generating, a situation often referred to as “cash burn.” This can be a significant red flag, as a company needs to generate cash to sustain itself and service its debt.
However, it’s not all challenging news. The Current Ratio of 54.68x and Quick Ratio of 54.19x demonstrate a robust liquidity position. This indicates that QBTS has ample liquid assets to cover its short-term liabilities, which is a positive sign for immediate financial stability. The combination of high debt and negative operating cash flow is a significant risk, suggesting that while D-Wave Quantum Inc. has strong liquidity, it’s burning cash while servicing its debt, a situation that needs to reverse for long-term financial health.
| Metric | Value |
|---|---|
| Return on Equity (ROE TTM) | -122.03% |
| Return on Assets (ROA TTM) | -11.71% |
| Debt/Equity (MRQ) | 5.93x |
| Total Cash (MRQ) | $836.23 Million |
| Total Debt (MRQ) | $39.79 Million |
| Current Ratio (MRQ) | 54.68x |
| Quick Ratio (MRQ) | 54.19x |
| Operating Cash Flow (TTM) | -$51.59 Million |
| Levered Free Cash Flow (TTM) | -$36.95 Million |
D-Wave Quantum Inc. (QBTS) Financial Efficiency: Asset Turnover to Cash Conversion
Understanding how efficiently D-Wave Quantum Inc. manages its assets and operations is key to assessing its long-term potential. Let’s break down some of its financial efficiency metrics for QBTS. The Asset Turnover ratio of 0.12x indicates that the company generates $0.12 in revenue for every dollar of assets. This suggests a relatively lower efficiency in utilizing its assets, which could be an area for improvement.
The Inventory Turnover at 1.94x means that D-Wave Quantum Inc. sells and replaces its inventory roughly 1.9 times annually. This translates to about 188.1 Days Inventory Outstanding, suggesting a somewhat slow movement of inventory. In contrast, its Receivables Turnover of 17.00x and 21.5 Days Sales Outstanding reflect excellent collections, meaning customers pay their bills very quickly.
Working Capital Turnover stands at 0.16x, indicating moderate use of short-term assets to support sales. This is supported by an impressive Current Ratio of 54.68x, signaling excellent liquidity. However, the Cash Conversion Cycle, estimated at approximately 209.6 days (partial), suggests it takes about 7.0 months for D-Wave Quantum Inc. to convert its inventory and receivables into cash. This extended cash conversion period could potentially strain working capital.
Finally, the Return on Invested Capital (ROIC) at -428.27% points to lower capital efficiency. This metric shows how effectively D-Wave Quantum Inc. generates returns from the capital invested in its operations. Overall, while the company demonstrates strong liquidity and fast customer payments, it may need to focus on higher asset utilization and a more efficient cash conversion cycle to boost profitability further. Investors should definitely compare these figures with industry peers to fully grasp QBTS’s competitive positioning.
| Metric | Value |
|---|---|
| Asset Turnover (TTM) | 0.12x |
| Inventory Turnover (TTM) | 1.94x |
| Receivables Turnover (TTM) | 17.00x |
| Working Capital Turnover (TTM) | 0.16x |
| Current Ratio (MRQ) | 54.68x |
| Days Sales Outstanding | 21.5 |
| Days Inventory Outstanding | 188.1 |
| Cash Conversion Cycle | ~209.6 days (partial) |
| Return on Invested Capital (ROIC TTM) | -428.27% |
QBTS Profitability & Growth: Margins, Revenue, and Bottom Line Trends
Let’s turn our attention to QBTS’s profitability and growth metrics. An analysis of the key margin performance suggests that D-Wave Quantum Inc. is facing significant margin pressure. Despite this, the company shows a strong ability to control its production costs, evidenced by an impressive gross margin of 82.82%.
However, the operating margin stands at a challenging -741.80%, indicating that while they manage production costs well, other operating expenses are very high. The 0.00% EBITDA margin suggests that before accounting for financing and tax strategies, QBTS is not yet generating positive cash flow from its core operations. Ultimately, D-Wave Quantum Inc. is holding onto around $0.000 in net profit for every $1 of revenue over the last twelve months.
On the growth front, the business is expanding aggressively, with quarterly revenue growth year-over-year at an impressive 99.90%. This rapid pace of revenue increase is certainly a positive sign. However, investors should closely monitor whether this growth can be sustained without further eroding profit margins, especially given the current profitability challenges.
QBTS’s -$84.36 million in EBITDA and $20.00 million in gross profit provide a glimpse into its raw earning power. However, the -$398.81 million in net income reveals the significant gap between revenue generation and bottom-line results. This financial profile suggests that D-Wave Quantum Inc. is heavily focused on aggressive growth and market capture, even if it comes at the expense of short-term profitability.
The substantial difference between the company’s gross (82.82%) and net (0.00%) margins is a key area for investors to watch. This disparity is likely due to high operating expenses, interest costs, or taxes. Moving forward, maintaining steady or improving margins will be critical. QBTS needs to defend its pricing power and control operating costs to sustain profitability, especially if revenue growth eventually moderates.
| Metric | Value |
|---|---|
| Profit Margin (TTM) | 0.00% |
| Operating Margin (TTM) | -741.80% |
| Gross Margin (TTM) | 82.82% |
| EBITDA Margin (TTM) | 0.00% |
| Revenue (TTM) | $24.14 Million |
| Quarterly Revenue Growth (YoY) | 99.90% |
| Gross Profit (TTM) | $20.00 Million |
| EBITDA (TTM) | -$84.36 Million |
| Net Income (TTM) | -$398.81 Million |
QBTS Dividends & Shareholder Returns: What Investors Need to Know
When you’re evaluating a stock, it’s natural to consider how the company returns value to its shareholders. For D-Wave Quantum Inc. (QBTS), the picture regarding dividends is quite clear.
D-Wave Quantum Inc. Dividend Policy: Reinvestment for Growth?
Based on the available data, QBTS does not currently pay a regular dividend. This isn’t necessarily a negative, especially for a company operating in a high-growth, capital-intensive sector like quantum computing. It typically signals that the company is prioritizing reinvesting its earnings back into the business to fuel further research, development, and expansion.
For growth-oriented investors, this strategy can be appealing, as it suggests the company is focused on maximizing future share price appreciation rather than providing immediate income. However, income-focused investors might find QBTS less attractive due to the lack of a dividend payout.
| Metric | Value |
|---|---|
| Payout Ratio | 0.00% |
| Trailing Dividend Rate | $0.00 |
| Trailing Dividend Yield | 0.00% |
QBTS Technical Analysis: Charting D-Wave Quantum Inc.’s Price Action
Alright, let’s switch gears and dive into the technical side of QBTS. The current price is $23.44, and while the broader trend shows bullish signs, it’s also exhibiting some short-term slowing. The stock has experienced downward pressure recently, losing about -21.18% in the last 15 days. Now, the big question is: Is this a buying opportunity, or a warning of further declines? Let’s break down the key technical levels for D-Wave Quantum Inc..
Trend Strength: Is QBTS Still Bullish?
Despite the recent pullback, QBTS is still trading above its key moving averages, which is a good sign for the overall uptrend. The 20-day Simple Moving Average (SMA) at $28.51 is currently acting as immediate dynamic support. As long as D-Wave Quantum Inc. stays above this level, the bullish momentum could theoretically continue.
What This Means for QBTS Traders
For traders, holding above the 20-day SMA ($28.51) is crucial for maintaining bullish momentum. However, remember that rapid price rises can push a stock far from its averages, increasing the risk of a sharp pullback. It’s always a balance between momentum and potential reversion to the mean.
Momentum Check: Is a QBTS Stock Bounce Imminent?
The Relative Strength Index (RSI) for QBTS is currently at 16.9, which indicates oversold conditions. Historically, an oversold RSI often hints at a potential bounce or a short-term reversal. At the same time, the MACD histogram is in negative territory, suggesting that the recent upward momentum might be fading.
QBTS Trading Strategy Based on Momentum
Given the oversold RSI, aggressive traders might interpret this as a potential short-term buying signal. However, conservative traders might prefer to wait for the RSI to cross back above 30 to confirm a true reversal. This cautious approach helps to avoid catching a “falling knife.”
Bollinger Bands: QBTS Stock Testing Critical Levels
Looking at the Bollinger Bands, QBTS is trading near the middle band, which aligns with its 20-day SMA at $28.51. The lower Bollinger Band, currently at $18.84, offers the next significant level of support. These bands help us understand the stock’s volatility and potential price envelopes.
Key QBTS Price Levels to Watch
- Resistance: Keep an eye on $37.62, which represents a recent high. A decisive breakout above this level, especially on strong volume, could propel QBTS even higher.
- Support: The immediate support is the 20-day SMA at $28.51. If this level breaks, we could see a test of $18.84 (the lower Bollinger Band).
QBTS Volume Trends: What Does Trading Activity Tell Us?
The trading volume for QBTS is currently near its recent average. This provides a neutral confirmation of the current price action. Ideally, strong moves, especially breakouts, are accompanied by higher-than-average volume, signaling conviction from market participants.
Understanding QBTS Volume Concerns
It’s important to be cautious with rallies that occur on low volume, as they can be prone to sharp reversals. If we don’t see a surge in buying interest to confirm any upward moves for D-Wave Quantum Inc., a pullback becomes more likely. Volume often acts as the fuel for sustainable price trends.
QBTS Support & Resistance: Your Trading Plan
Based on our technical analysis, here’s a simplified trading plan for QBTS:
- ✅ If QBTS holds above $28.51: The bullish trend is likely to continue, with the next target being $37.62.
- ⚠️ If it breaks below $28.51: Expect a potential dip toward the $18.84 level.
- 🛑 A drop below $18.84: This could trigger a deeper correction, potentially testing the 200-day SMA, which is currently around $20.68.
QBTS Technical Verdict: Buy, Hold, or Sell D-Wave Quantum Inc.?
Let’s synthesize these technical insights into actionable advice for different types of investors:
QBTS Advice for Short-Term Traders
The short-term trend for QBTS is positive, but it’s showing signs of exhaustion. Given the mixed signals (oversold RSI, negative MACD histogram), a neutral stance might be best until a clearer signal emerges from momentum indicators or volume confirms a direction. Proceed with caution.
QBTS Advice for Long-Term Investors
For long-term investors, the overall uptrend remains valid as long as the price holds above the 200-day SMA ($20.68). A pullback towards the 50-day SMA ($32.13) area could actually present a safer buying opportunity, offering a better entry point with a more favorable risk-reward profile.
QBTS Advice for New Buyers
If you’re considering entering a new position in D-Wave Quantum Inc., it might be wise to avoid chasing the current rally. Instead, wait for either a confirmed breakout above $37.62 with strong volume, or a pullback to the $28.51 area. These levels offer more defined risk and reward scenarios.
QBTS Technical Bottom Line
In summary, the technical indicators suggest that the current rally for QBTS might be losing short-term steam. While the long-term trend remains bullish, a correction seems plausible before the next significant move. Trade carefully, always waiting for confirmation at key support and resistance levels. Remember, you can always check MarketWatch for QBTS for additional technical perspectives.
QBTS Historical Stock Performance & Recent Trading Data
Looking back at how QBTS has performed historically can offer valuable context for its current movements. This section covers its recent trading activity and broader price statistics.
In the recent trading period, specifically from November 5, 2025, to November 19, 2025, QBTS stock experienced a total return of -24.44%. During this time, the price fluctuated significantly, reaching a high of $31.63 and dipping to a low of $21.47. The average daily trading volume during this period was approximately 42,455,493 shares, indicating substantial market interest.
D-Wave Quantum Inc. (QBTS) Recent Daily Trading Data
Here’s a detailed look at D-Wave Quantum Inc.’s recent daily trading data, including open, high, low, close prices, and volume. This table helps us track the short-term price movements and market activity for QBTS.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2025-11-19 | $23.16 | $24.44 | $22.88 | $23.44 | 35,349,000 |
| 2025-11-18 | $22.22 | $23.45 | $21.84 | $22.93 | 27,543,900 |
| 2025-11-17 | $23.23 | $23.93 | $22.19 | $22.83 | 30,044,500 |
| 2025-11-16 | $21.58 | $24.99 | $21.47 | $23.61 | 51,216,000 |
| 2025-11-15 | $21.58 | $24.99 | $21.47 | $23.61 | 51,216,000 |
| 2025-11-14 | $21.58 | $24.99 | $21.47 | $23.61 | 51,216,000 |
| 2025-11-13 | $25.48 | $25.50 | $22.94 | $23.39 | 48,629,100 |
| 2025-11-12 | $28.82 | $29.57 | $26.11 | $26.40 | 38,942,500 |
| 2025-11-11 | $28.80 | $30.02 | $27.50 | $28.99 | 33,365,000 |
| 2025-11-10 | $30.11 | $31.60 | $28.50 | $29.37 | 43,657,600 |
| 2025-11-09 | $27.43 | $29.72 | $26.42 | $29.50 | 50,592,500 |
| 2025-11-08 | $27.43 | $29.72 | $26.42 | $29.50 | 50,592,500 |
| 2025-11-07 | $27.43 | $29.72 | $26.42 | $29.50 | 50,592,500 |
| 2025-11-06 | $30.50 | $30.69 | $28.13 | $28.39 | 41,880,600 |
| 2025-11-05 | $30.56 | $31.63 | $29.32 | $31.02 | 31,994,700 |
QBTS Stock Price Statistics: Volatility and Moving Averages
When we zoom out to the broader price statistics for QBTS, we can see some crucial patterns. Over the past year, the stock has experienced a wide range, hitting a high of $46.75 and a low of $1.71. This significant gap tells us that D-Wave Quantum Inc. has been subject to considerable fluctuations, likely driven by market sentiment and company-specific news in the rapidly evolving quantum computing sector.
Currently, the 50-day moving average is $29.49, while the 200-day moving average is $16.46. What’s particularly interesting here is that the 50-day MA is above the 200-day MA. This “golden cross” setup is often considered a bullish signal, suggesting positive long-term momentum for QBTS.
The stock also carries a Beta of 1.52x, which means it tends to move more sharply than the broader market—about 52% more volatile, to be precise. Coupled with a high 30-day annualized volatility of 103.6%, it’s clear that D-Wave Quantum Inc. sees frequent and significant price swings. For investors, this implies both higher potential for gains and increased downside risk. These indicators are vital when deciding on position sizing or entry timing, especially if you’re managing a portfolio that balances stability with growth exposure.
| Metric | Value |
|---|---|
| 52 Week High | $46.75 |
| 52 Week Low | $1.71 |
| 50 Day MA | $29.49 |
| 200 Day MA | $16.46 |
| Beta | 1.52x |
| Volatility (30d Ann.) | 103.6% |
QBTS Quarterly Earnings Performance: Revenue and Net Income Trends
Let’s delve into QBTS’s recent quarterly earnings performance, which provides a snapshot of D-Wave Quantum Inc.’s financial trajectory. The company’s latest reported quarter showed revenue of $3.74 million and a net income of -$139.99 million. This highlights the typical profile of a high-growth tech company that is still heavily investing and not yet consistently profitable.
On a quarter-over-quarter basis, revenue saw a healthy increase of +20.8%. Even more impressively, the year-over-year revenue growth stands at a robust +99.9%. This indicates that D-Wave Quantum Inc. is successfully expanding its top line, a crucial factor for a company in an emerging technology sector.
D-Wave Quantum Inc. (QBTS) Latest Quarterly Results
Here’s a breakdown of QBTS’s performance over the last four quarters. This table helps us track the recent trends in revenue, net income, earnings per share (EPS), and gross margin for D-Wave Quantum Inc..
| Quarter | Revenue | Net Income | EPS | Gross Margin |
|---|---|---|---|---|
| 2025-Q3 | $3.74 Million | -$139.99 Million | -0.41x | 71.4% |
| 2025-Q2 | $3.10 Million | -$167.33 Million | -0.55x | 63.8% |
| 2025-Q1 | $15.00 Million | -$5.42 Million | -0.02x | 92.5% |
| 2024-Q4 | $2.31 Million | -$86.08 Million | -0.37x | 63.8% |
QBTS Growth Metrics: Quarter-over-Quarter and Year-over-Year
These growth metrics provide a clearer picture of D-Wave Quantum Inc.’s expansion rates:
| Metric | Value |
|---|---|
| QoQ Revenue Growth | +20.8% |
| QoQ Net Income Growth | -16.3% |
| YoY Revenue Growth | +99.9% |
QBTS Upcoming Earnings Report Details
Mark your calendars! The next earnings report for QBTS is scheduled for November 6, 2025. The earnings call will take place on the same day at 06:30 PM ET. This event will be crucial for investors to assess D-Wave Quantum Inc.’s latest financial performance and future outlook. You can often find official SEC filings for companies like QBTS on their EDGAR database.
QBTS Short Selling Information: Bearish Bets and Short Squeeze Potential
Understanding the short selling activity around QBTS can offer valuable insights into market sentiment and potential volatility. Currently, there’s about $43 million worth of short interest in D-Wave Quantum Inc.. The short ratio, or “days to cover,” is quite low at 0.7x. This means that, based on the stock’s recent average trading volume, it would take less than a day for all short positions to be covered.
A low days-to-cover ratio generally suggests that short sellers do not have significant control over the stock’s price. It also implies that the risk of a prolonged “short squeeze,” where a rapid price increase forces short sellers to buy back shares, is relatively low. This can provide some comfort to long-term investors.
However, with 12.83% of the public float sold short, this still represents a notable percentage. It signals significant bearish conviction from a segment of the market. What’s interesting is that this level has recently decreased from 56 million shares shorted in the prior month, which could suggest a slight shift in bearish sentiment. While a short squeeze might be less likely given the low days to cover, investors should still be aware of potential volatility spikes, which could be triggered by unexpected positive news forcing some short sellers to cover their positions quickly.
| Metric | Value |
|---|---|
| Shares Short | 43 Million |
| Short Ratio (Days To Cover) | 0.70x |
| Short % of Float | 12.83% |
| Shares Short (Prior Month) | 56 Million |
| Short Date | 2025-10-31 |
QBTS Risk Analysis: Volatility, Drawdown, and VaR Insights
Every investment carries risk, and D-Wave Quantum Inc. (QBTS) is no exception. A thorough risk analysis is crucial for investors to understand the potential downsides. The risk profile for QBTS reveals quite high volatility, with an annualized volatility of 106.9%. This figure clearly indicates a high investment risk, meaning the stock is prone to large price swings in either direction.
The Sharpe ratio, currently at 0.57x, suggests mixed risk-adjusted returns. While a positive Sharpe ratio is generally good, this level indicates that the returns generated by QBTS are not exceptionally high when adjusted for the amount of risk taken. Furthermore, the maximum drawdown of -96.67% is a stark reminder of the significant downside risk the stock has experienced during adverse market conditions.
The Value at Risk (VaR) at a 5% confidence level indicates a potential loss of -8.01% in the worst 5% of scenarios. At a 1% confidence level, the potential loss increases to -13.96%. These metrics provide a quantifiable estimate of potential losses over a specific time frame. The Sortino ratio of 1.03x, which focuses specifically on downside risk, offers additional insight into its risk-adjusted performance, looking only at negative volatility.
Given these metrics, investors should carefully consider QBTS’s high volatility and historical drawdowns. It’s essential to align these risk factors with your personal risk tolerance and overall investment objectives before making any decisions regarding D-Wave Quantum Inc..
| Metric | Value |
|---|---|
| Volatility (Annualized) | 106.9% |
| Value at Risk (5%) | -8.01% |
| Value at Risk (1%) | -13.96% |
| Sharpe Ratio | 0.57x |
| Sortino Ratio | 1.03x |
| Maximum Drawdown | -96.67% |
| Skewness | 3.91x |
| Kurtosis | 49.73x |
QBTS Sentiment Analysis: Market, Analyst, and Options Outlook
Market sentiment is a powerful force that can influence stock prices, often independently of fundamentals. For QBTS, our current market sentiment a cautiously positive outlook, with a composite sentiment score of 0.31x and a confidence level of 52.9%. This positive sentiment is a synthesis of various data sources, including recent news coverage, analyst recommendations, and activity in the options market.
Let’s break down the individual components of this sentiment. News analysis shows a “Positive” score of 0.21x, indicating favorable media coverage. Analyst consensus is also “Positive” at 0.40x, reflecting optimism from professional researchers. Even the options market sentiment, at 0.27x, leans positive, suggesting that options traders are anticipating upward movement or hedging against downside risk in a bullish manner.
While these positive sentiment indicators are encouraging for D-Wave Quantum Inc., it’s always wise to consider them alongside our fundamental and technical analysis. Sentiment can shift rapidly, and it’s just one piece of the puzzle for a truly comprehensive investment perspective on QBTS.
| Metric | Value |
|---|---|
| Composite Sentiment Score | 0.31x |
| Sentiment Classification | Positive |
| Sentiment Confidence | 52.9% |
| News Sentiment | Positive (0.21x) |
| Analyst Sentiment | Positive (0.40x) |
| Options Sentiment | Positive (0.27x) |
| Put/Call Ratio | 0.36x |
QBTS Peer Comparison: D-Wave Quantum Inc. vs. Industry Competitors
To truly understand D-Wave Quantum Inc.’s (QBTS) position, it’s essential to compare it against its peers in the technology sector. In terms of market capitalization, QBTS, with its $8.21 billion, is currently the smallest player among this group, trailing PEGA ($9.24 billion), IDCC ($8.68 billion), and KVYO ($8.32 billion).
When it comes to profitability, QBTS currently has negative earnings, making P/E ratio comparisons challenging. Its forward P/E of -90.15x contrasts sharply with profitable peers like PEGA (35.31) and IDCC (22.58). However, QBTS’s revenue growth is incredibly strong, expanding by 99.9%, which outpaces PEGA (17.3%) and IDCC (28.0%). KVYO also shows robust growth at 32.2%.
Profitability challenges are evident for QBTS with a 0.0% net margin, while PEGA boasts 16.05% and IDCC an impressive 53.50%. KVYO, like QBTS, faces losses with a -5.70% net margin. QBTS’s negative 122.0% ROE further reflects its current unprofitability. On the balance sheet, QBTS’s conservative 5.93 debt-to-equity ratio suggests a stronger position compared to PEGA (12.87) and KVYO (9.93), indicating lower relative debt levels. IDCC stands out with a much higher debt-to-equity of 44.34.
Regarding shareholder returns, dividend policies vary significantly. PEGA (22.0% yield) and IDCC (83.0% yield) reward shareholders with payouts, whereas QBTS, like KVYO (0.00% yield), reinvests all cash back into growth initiatives. This comparison highlights QBTS’s position as a high-growth, high-investment company still striving for consistent profitability in its niche.
| Metric | QBTS | PEGA | IDCC | KVYO |
|---|---|---|---|---|
| Market Cap | $8.21B | $9.24B | $8.68B | $8.32B |
| P/E Ratio | -90.15 | 35.31 | 22.58 | 49.18 |
| Revenue Growth | 99.90% | 17.30% | 28.00% | 32.20% |
| Net Margin | 0.00% | 16.05% | 53.50% | -5.70% |
| EPS | -1.44 | 1.53 | 14.89 | -0.24 |
| ROE | -1.22% | 51.96% | 54.52% | -6.10% |
| Debt-to-Equity | 5.93 | 12.87 | 44.34 | 9.93 |
| Dividend Yield | 0.00% | 22.00% | 83.00% | 0.00% |
| 52-Week Range | 1.53 – 46.75 | 29.80 – 68.10 | 168.25 – 412.60 | 23.44 – 49.55 |
QBTS Insider Transactions: What Company Insiders Are Doing
Insider transactions can often provide a fascinating glimpse into how those closest to the company view its prospects. For QBTS, the insider transaction data over the last three months reveals a strong bearish trend. We’ve seen 19 sells versus only 5 buys, totaling a net of $35.7 million in sales.
Focusing specifically on discretionary open-market activity, there were 13 market sales compared to just 1 market purchase. This indicates that insiders are actively reducing their positions in D-Wave Quantum Inc.. Additionally, 8 option exercises occurred, which could signify either confidence in future price appreciation (as they convert options to shares) or simply routine portfolio management, sometimes preceding a sale.
A closer look at the prices involved shows sales typically occurred at elevated levels, averaging $19.92 across 19 priced transactions, while purchases averaged $5.11 across 5 transactions. This suggests that insiders might be engaging in strategic profit-taking. The recent trend clearly leans towards selling, with insiders continuing to reduce their exposure in the near term.
The scale of this discretionary market selling activity should certainly give investors pause. When individuals with the best visibility into a company’s operations are reducing their stakes, it warrants a careful evaluation of the near-term risk/reward dynamics for QBTS.
| Insider Name | Type | Shares Changed | Price | Shares After | Transaction Date | Filing Date |
|---|---|---|---|---|---|---|
| WEST STEVEN M | BUY (Purchase) [P] | +82 | $21.89 | 82 | 2025-11-18 | 2025-11-18 |
| Nguyen Diane | SELL (Sale) [S] | -2,803 | $23.17 | 566,042 | 2025-11-13 | 2025-11-14 |
| Nguyen Diane | SELL (Sale) [S] | -20,000 | $23.66 | 568,845 | 2025-11-13 | 2025-11-14 |
| Markovich John M. | SELL (Sale) [S] | -98,060 | $23.17 | 1,482,874 | 2025-11-13 | 2025-11-14 |
| BARATZ ALAN E | SELL (Sale) [S] | -168,102 | $23.17 | 2,633,163 | 2025-11-13 | 2025-11-14 |
| BARATZ ALAN E | SELL (Exercise) [M] | -806,288 | $0.91 | 1,268,107 | 2025-11-11 | 2025-11-13 |
| BARATZ ALAN E | SELL (Sale) [S] | -806,288 | $28.87 | 2,801,265 | 2025-11-11 | 2025-11-13 |
| BARATZ ALAN E | BUY (Exercise) [M] | +806,288 | $0.91 | 3,607,553 | 2025-11-11 | 2025-11-13 |
| Nguyen Diane | SELL (Sale) [S] | -20,827 | $43.74 | 588,845 | 2025-10-14 | 2025-10-15 |
| Markovich John M. | SELL (Sale) [S] | -7,994 | $43.74 | 1,580,934 | 2025-10-14 | 2025-10-15 |
| BARATZ ALAN E | SELL (Sale) [S] | -31,369 | $43.74 | 2,801,265 | 2025-10-14 | 2025-10-15 |
| Ghai Rohit | SELL (Sale) [S] | -10,000 | $17.93 | 47,778 | 2025-09-15 | 2025-09-17 |
| Nguyen Diane | SELL (Tax Payment) [F] | -2,501 | $17.76 | 609,672 | 2025-09-15 | 2025-09-17 |
| Markovich John M. | SELL (Tax Payment) [F] | -10,583 | $17.76 | 1,588,928 | 2025-09-15 | 2025-09-17 |
| DiLullo John D | SELL (Sale) [S] | -8,000 | $17.93 | 36,295 | 2025-09-15 | 2025-09-17 |
| Markovich John M. | SELL (Exercise) [M] | -50,000 | $0.92 | 707,926 | 2025-09-12 | 2025-09-12 |
| Markovich John M. | SELL (Sale) [S] | -50,000 | $17.50 | 1,599,511 | 2025-09-12 | 2025-09-12 |
| Markovich John M. | BUY (Exercise) [M] | +50,000 | $0.92 | 1,649,511 | 2025-09-12 | 2025-09-12 |
| Markovich John M. | SELL (Exercise) [M] | -100,000 | $0.92 | 757,926 | 2025-09-11 | 2025-09-12 |
| Markovich John M. | SELL (Sale) [S] | -50,000 | $16.30 | 1,599,511 | 2025-09-11 | 2025-09-12 |
| Markovich John M. | BUY (Exercise) [M] | +100,000 | $0.92 | 1,649,511 | 2025-09-11 | 2025-09-12 |
| Markovich John M. | SELL (Sale) [S] | -50,000 | $16.30 | 1,549,511 | 2025-09-10 | 2025-09-12 |
| Markovich John M. | SELL (Exercise) [M] | -40,758 | $0.92 | 857,926 | 2025-09-05 | 2025-09-09 |
| Markovich John M. | BUY (Exercise) [M] | +40,758 | $0.92 | 1,599,511 | 2025-09-05 | 2025-09-09 |
Key Risk Factors for D-Wave Quantum Inc. (QBTS) Investors
Investing in any company, especially one in an emerging and complex field like quantum computing, comes with its own set of risks. For QBTS, several factors stand out that of. This section highlights potential challenges identified through our data analysis and general market considerations, though it’s important to remember this list isn’t exhaustive.
- ⚠️ Price below 50-Day SMA: The current price of $23.44 is below its 50-day Simple Moving Average ($32.13). This signals potential short-term weakness and could indicate that the stock is in a downtrend in the immediate future.
- ⚠️ High Debt-to-Equity ratio: D-Wave Quantum Inc. carries a high Debt-to-Equity ratio of 5.93x. This significant financial leverage introduces increased risk, particularly if the company faces operational setbacks or if interest rates continue to rise, making debt servicing more expensive.
- ⚠️ General market fluctuations: As a technology stock, QBTS is susceptible to broader market fluctuations and changes in economic conditions. The Computer Hardware sector can be particularly sensitive to economic cycles and investor sentiment towards growth stocks.
QBTS Analyst Insights & Consensus: Wall Street’s View on D-Wave Quantum Inc.
What do the professionals on Wall Street think about QBTS? This section summarizes the collective view of the professional analysts who cover D-Wave Quantum Inc. Their insights can provide a valuable perspective on the stock’s potential. The consensus recommendation for QBTS is currently a strong ‘Buy’.
This consensus view is built upon the opinions of 10 analyst(s) who contribute to the coverage. The mean price target set by these analysts is $37.58, with individual targets ranging from a low of $25.78 to a high of $48.00. This average target of $37.58 suggests a significant potential upside of approximately 60.3% compared to the current price of $23.44. This provides a clear gauge of Wall Street’s sentiment regarding D-Wave Quantum Inc.’s potential trajectory.
| Metric | Value |
|---|---|
| Recommendation | Buy |
| Mean Target Price | $37.58 |
| High Target Price | $48.00 |
| Low Target Price | $25.78 |
| Number of Analyst Opinions | 10 |
Recent News and Developments Affecting D-Wave Quantum Inc. (QBTS)
Staying updated on recent news and developments is crucial for any investor. Here are some of the latest headlines concerning QBTS, which provide context and potential catalysts for D-Wave Quantum Inc.’s stock performance.
- Warren Buffett Has a New Favorite Quantum Computing Stock. (Hint: It’s Not D-Wave or IonQ.)
- Publisher: Motley Fool
- Published: 2025-11-20T08:45:00Z
- Amphenol and Comcast have been highlighted as Zacks Bull and Bear of the Day
- Publisher: Zacks
- Published: 2025-11-20T08:16:00Z
- The 4 Smartest Quantum Computing Stocks to Buy for $1,000 (Hint: IonQ, Rigetti Computing, and D-Wave Quantum Didn’t Make the Cut)
- Publisher: Motley Fool
- Published: 2025-11-20T01:00:00Z
- IONQ Stock Dips 11% After Q3: Should Investors Buy, Hold, or Exit?
- Publisher: Zacks
- Published: 2025-11-19T20:00:00Z
- RGTI Stock Plunges 41% in a Month: Should Investors Hold or Fold?
- Publisher: Zacks
- Published: 2025-11-19T16:28:00Z
QBTS Conclusion & Outlook: D-Wave Quantum Inc.’s Investment Potential
So, where does all this analysis leave us regarding D-Wave Quantum Inc. (QBTS)? Let’s bring together the key takeaways from our technical and fundamental deep dive to form a comprehensive outlook for investors.
Short-Term Technical Snapshot for QBTS Stock
From a short-term technical perspective, the picture for QBTS is leaning positive:
- ▲ Overall Technical Sentiment: Currently, it’s assessed as Strong Bullish.
- ● Price Trend vs MAs: We’re seeing a mixed trend; the price is below the 50-day SMA but comfortably above the 200-day SMA.
- ➕ Momentum (RSI): The Relative Strength Index is oversold at 16.9, potentially signaling a bounce.
- 📊 Support / Resistance (30d): Key levels to watch are approximately ~$21.47 (support) / ~$37.62 (resistance).
Longer-Term Fundamental & Forecast Outlook for QBTS
When we stretch our view to the longer term, the fundamentals and forecasts for D-Wave Quantum Inc. present a nuanced picture:
- ▲ 1-Year Avg. Forecast: Models project a significant average change of approximately +105.2%, targeting around $48.10.
- ● Fundamental Health: The assessment is incomplete due to negative metrics like an ROE of -122.03%, though the Debt/Equity at 5.93x is a clear concern.
- ● Valuation Snapshot: The valuation appears moderate, with a Forward P/E of -90.15x reflecting current unprofitability but future potential.
- ▲ Recent Growth (YoY): Revenue growth is impressive at 99.90%.
- ▲ Analyst Consensus: Wall Street analysts maintain a ‘Buy’ recommendation, with a mean target of $37.58.
Overall QBTS Assessment & Investment Outlook
Synthesizing all this data, QBTS currently exhibits strong bullish technicals, yet its fundamentals show moderate health, largely due to high debt and a focus on growth over immediate profitability. The current valuation, while appearing moderate on a Forward P/E basis, warrants scrutiny given the company’s stage. Model projections indicate substantial potential upside over a one-year horizon, targeting approximately $48.10.
For investors considering D-Wave Quantum Inc., it’s crucial to weigh these factors carefully against your personal risk tolerance and investment timeline. This is a company in a high-growth, high-risk sector, and while the potential rewards are significant, so are the challenges.
Frequently Asked Questions (FAQ) about D-Wave Quantum Inc. (QBTS) Stock
What is the QBTS stock price prediction for the next year (2025-2026)?
Based on current models, the average 1-year price forecast for QBTS is approximately $48.10. This represents a potential +105.2% change from the recent price of $23.44. It’s important to remember this is a model-driven estimate, not a guarantee, and actual prices will fluctuate based on numerous market factors and company developments.
Will QBTS stock go up or down?
The 1-year forecast model suggests that the price might show strong gains on average (+105.2% potential). However, the short-term direction is highly uncertain and influenced by prevailing market sentiment (currently ‘Strong Bullish’), breaking news, and overall economic conditions. Technical indicators, like the oversold RSI, provide clues for near-term direction, hinting at a potential bounce.
Is QBTS stock a good investment right now?
Determining if QBTS is a ‘good buy’ requires evaluating multiple factors. Technical sentiment is ‘Strong Bullish’, and the 1-year forecast suggests significant potential upside (+105.2%). The RSI at 16.9 indicates oversold conditions, which could present a rebound opportunity. However, you must consider the valuation, financial health (e.g., high debt-to-equity of 5.93x), and growth prospects.
Three potentially significant risk factors specific to QBTS were identified in our analysis. Align these factors with your personal investment strategy and risk tolerance.
How volatile is QBTS stock?
Based on recent 30-day price action, QBTS’s annualized volatility is approximately 103.6%. This level is considered high, indicating frequent and significant price fluctuations. This aligns with its Beta of 1.52x, meaning it tends to move about 52% more sharply than the broader market. Higher volatility implies larger potential price swings, both up and down.
What is QBTS’s P/E ratio and what does it mean?
QBTS’s Trailing P/E ratio (based on past earnings) is N/A, as the company is not currently profitable. Its Forward P/E (based on expected earnings) is -90.15x. A P/E ratio indicates how much investors are paying per dollar of earnings. A negative P/E is common for high-growth companies that are still investing heavily and not yet generating consistent profits.
When evaluating, compare it to industry peers and historical levels. A high P/E isn’t necessarily bad if strong growth justifies it.
What are the key upcoming events for QBTS?
The most immediate key upcoming event for QBTS is its next earnings report and earnings call, scheduled for November 6, 2025. Beyond this, investors should closely monitor macroeconomic shifts, competitive actions within the quantum computing industry, and any major corporate announcements from D-Wave Quantum Inc. regarding product development, partnerships, or funding.
What does QBTS’s liquidity position reveal about its financial health?
QBTS’s financial health includes a strong Current Ratio of 54.68x and a Quick Ratio of 54.19x, suggesting it can comfortably cover its short-term liabilities. This indicates excellent liquidity. However, it’s important to note its negative operating cash flow (-$51.59 million) and levered free cash flow (-$36.95 million). While the strong liquidity provides a buffer, the negative cash flows mean the company is burning cash from its operations, a critical factor to monitor for its ability to fund ongoing operations and service its existing debt load.