D-Wave Quantum share price logo

D-Wave Quantum

NASDAQ: QBTS

Mid Cap

$17.11

-0.58

(-3.28%)

as on

D-Wave Quantum Stock Performance

as on September 19, 2026 at 2:15 pm IST

  • Day's Low

    Day's High

    $16.55
    $18.09
    downward going graph

    3.27%

    Downside

    5.73%

    Upside

    downward going graph

  • 52 Week's Low

    52 Week's High

    $12.75
    $46.75
    downward going graph

    25.48%

    Downside

    173.23%

    Upside

    downward going graph

D-Wave Quantum share price movements today

Previous Close
$17.69
Open
$18.08
Volume
15.7M
Market Cap
$6.7B
Day's Low - High
$16.55 - $18.09
52 Week Low - High
$12.75 - $46.75

D-Wave Quantum Historical Returns

1 Month Return
-8.44 %
3 Month Return
-28.35 %
1 Year Return
-34.19 %
3 Year Return
+ 1761.13 %
5 Year Return
0 %

D-Wave Quantum Stock Fundamentals & Key Indicators

Check D-Wave Quantum market cap, PE, PB, PEG ratios, dividend yield, and other key fundamental indicators.

Market Cap

$6.7B

EPS (TTM)

-0.71

Dividend Yield

0.00%

Quarterly Earnings Growth YOY

0.00%

PE Ratio (TTM)

-23.11

Industry PE ratio

-69.44

PEG Ratio

-1.5938713743732589

EBITDA

-259.3M

Revenue (TTM)

12.4M

Profit Margin

64.19%

Return On Equity TTM

-26.67%

D-Wave Quantum Stock Valuation

Track how D-Wave Quantum P/E has moved over time to understand its valuation trends.

D-Wave Quantum in the last 5 years

  • Overview

  • Trends

Lowest (-30.04x)

December 31, 2021

Industry (-69.44x)

December 31, 2025

Today (-23.56x)

December 31, 2025

Highest (-1.47x)

December 31, 2023

LowHigh

Today’s Price to Earnings Ratio: -23.56x

D-Wave Quantum vs Peer Comparison

Compare market cap, revenue, PE, and other key metrics of D-Wave Quantum with its industry peers.

Company
Analyst View
Market Cap
5 Years Return %PE RatioProfit Margin %Dividend Yield %
D-Wave Quantum image
D-Wave Quantum
BUY$6.7BNA-23.1164.19%0.00%
Seagate Tech image
Seagate Tech
BUY$175.5B859.08%55.2445.58%0.38%
Western Digital image
Western Digital
BUY$148.5B631.82%15.6148.85%0.13%
Dell Technologies image
Dell Technologies
BUY$345.6B1054.79%31.0819.80%0.41%
Arista Networks image
Arista Networks
BUY$249.1B788.95%62.1663.00%0.00%
See all

Stock Returns calculator for D-Wave Quantum Stock including INR - Dollar returns

The D-Wave Quantum stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

*Dollar Impact: The bonus return you make when the US Dollar rises against the Rupee; calculated on the full amount you walk away with, not just what you invested in.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

D-Wave Quantum investment value today

Current value as on today

₹69,115

Returns

-₹30,885

(-30.88%)

Returns from D-Wave Quantum Stock

-₹36,347 (-36.35%)

Dollar Impact

₹5,462 (+5.46%)

Analyst Recommendation on D-Wave Quantum Stock

Based on 14 analysts

BUY

92.86%

Buy

7.14%

Hold

0.00%

Sell

Based on 14 analysts, 92.85714285714286% of analysts recommend a 'BUY' rating for D-Wave Quantum. Average target price of $35.24

D-Wave Quantum Share Price Target

Get share price movements and forecasts by analysts on D-Wave Quantum.

What analysts predicted

51.45%UPSIDE

Target Price

$35.24

Current Price

$17.11

Analyzed by

14 Analysts

Target

$35.24

D-Wave Quantum target price $35.24, a slight upside of 51.45% compared to current price of $17.11. According to 14 analysts rating.

Indian Investors' Interest in D-Wave Quantum Stock

Investment in D-Wave Quantum Shares on INDmoney has grown by 3.93% in the last 30 days, indicating increased investment activity.

Time period: to

Change:3.93% versus previous 30 day period

Search interest for D-Wave Quantum Stock has decreased by -27% in the last 30 days, reflecting a downward trend in search activity.

Time period: to

Change:-27% versus previous 30 day period

D-Wave Quantum Quarterly Profit & Loss

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Total Revenue
2
2
1
2
15
3
3
2
2
3
Gross Profit
1
1
1
1
13
1
2
1
1
1
Operating Income
-17
-18
-20
-20
-11
-26
-27
-34
-54
-53
EBITDA
-15
-16
-21
-85
-4
-166
-139
-38
-42
-39
Interest Expense
1
1
1
0
0
0
0
3
5
0
Depreciation
0
0
0
0
0
0
0
0
4
8
Income Before Tax
-17
-17
-22
-86
-5
-167
-139
-42
-46
-48
Income Tax Expense
-
-
-
-
-
-
-
-
-28
0
Net Income
-17
-17
-22
-86
-5
-167
-139
-42
-18
-48
Net Profit Margin
67.30%
63.58%
55.78%
63.79%
92.51%
63.84%
71.38%
64.83%
63.61%
55.40%

D-Wave Quantum Annual Profit & Loss

All numbers in Millions USD

Dec 2020
Dec 2021
Mar 2023
Dec 2023
Dec 2024
Dec 2025
Total Revenue
5
6
7
8
8
24
Gross Profit
4
4
4
4
5
20
Operating Income
-31
-38
-59
-80
-77
-100
EBITDA
-14
-34
-49
-80
-138
-348
Interest Expense
5
4
2
2
3
4
Depreciation
2
2
2
1
1
2
Income Before Tax
-21
-40
-53
-82
-143
-355
Income Tax Expense
-
-
-
-
-
-
Net Income
-21
-40
-53
-82
-143
-355
Net Profit Margin
82.27%
72.13%
59.25%
52.77%
63.02%
82.59%

D-Wave Quantum Quarterly Cash Flow

All numbers in Millions USD

Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Net Income
-17
-17
-22
-86
-5
-167
-139
-42
-18
-48
Operating Cash Flow
-12
-14
-18
2
-19
-15
-19
-18
-44
-28
Investing Cash Flow
-1
0
0
0
0
0
-1
-249
-252
-8
Financing Cash Flow
0
28
7
147
145
529
37
67
0
-4
Change in Cash
-14
13
-11
148
126
514
16
-200
-297
-41

D-Wave Quantum Annual Cash Flow

All numbers in Millions USD

Dec 2020
Dec 2021
Mar 2023
Dec 2023
Dec 2024
Dec 2025
Net Income
-21
-40
-53
-82
-143
-355
Operating Cash Flow
-29
-34
-45
-60
-42
-71
Investing Cash Flow
0
-1
0
0
-3
-251
Financing Cash Flow
43
24
43
95
182
779
Change in Cash
13
-11
-2
34
136
457

Mutual Funds that own D-Wave Quantum Stock

Check out the Mutual Funds with significant holdings in D-Wave Quantum.

Funds
Holdings
Shares Held
VANGUARD INDEX FUNDS
7.506186%
27717630
VANGUARD WORLD FUND
1.462665%
5401094
Fidelity Salem Street Trust
1.070303%
3952242
Fidelity Concord Street Trust
0.92104%
3401069
VANGUARD SCOTTSDALE FUNDS
0.535979%
1979178
See all

Global Institutional Holdings in D-Wave Quantum

Funds
Holdings
Vanguard
9.76%
iShares
4.58%
Defiance
0.81%
VanEck
0.7%
Richard Driehaus
0.66%
See all

D-Wave Quantum News & Key Events

  • img

    Today's Timeline - 17 September

    Thu, 02:32 PM

    -

    D-Wave Quantum to showcase quantum adoption at Qubits Asia 2026, highlighting commercial applications and partnerships.

Insights on D-Wave Quantum

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, QBTS has outperformed top 5 stocks with highest market-cap in its industry

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, QBTS stock has moved up by 1751.3%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 2.75M → 3.07M (in $), with an average increase of 5.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Sandisk Corporation Common Stock has given 1653.1% return, outperforming this stock by 1689.4%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, -18.35M → -48.02M (in $), with an average decrease of 161.6% per quarter

About D-Wave Quantum

Operating globally, D-Wave Quantum Inc. specializes in developing and supplying quantum computing systems, software, and related services. Their offerings include Advantage, a pioneering fifth-generation quantum computer, and Launch, an onboarding service designed for quantum computing adoption. The company also provides Ocean, a comprehensive suite of open-source programming tools. Furthermore, Leap is a cloud-based service that enables real-time interaction with a live quantum computer. This service further provides access to Advantage, along with hybrid problem-solving tools, the Ocean Software Development Kit, live code samples, demonstrations, learning resources, and a vibrant developer community. Additionally, D-Wave provides a dedicated "D-Wave Launch" professional service, guiding enterprises from initial problem identification through to production deployment of quantum applications. Their quantum solutions are leveraged across various domains such as artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. They serve industries including manufacturing, logistics, financial services, and life sciences, among others. D-Wave Quantum Inc. is headquartered in Burnaby, Canada.
OrganisationD-Wave Quantum
Headquarters2650 East Bayshore Road, Palo Alto, CA, 94303, US
IndustryComputer Hardware
CEOAlan E. Baratz
E-voting on sharesClick here to vote

Key Management of D-Wave Quantum

Name

Title

Mr. Eric Ladizinsky

Co-Founder & Chief Scientist

Ms. Michelle Maggs

Senior Vice President of Marketing

Ms. Sophie C. Ames

Executive VP & Chief Human Resources Officer

Dr. Alan E. Baratz Ph.D.

President, CEO & Director

Ms. Diane Nguyen

Executive VP, Chief Legal Officer & General Counsel

Mr. Greg Golkov

Acting CFO and Principal Financial & Accounting Officer

Mr. Stanley T. Black CISSP

Executive VP & Chief Information Security Officer

Mr. Kevin M. Hunt

Senior Director of Investor Relations

Ms. Allison Schwartz

Senior Vice President of Global Government Relations & Public Affairs

Mr. Trevor Lanting

Chief Development Officer

FAQs

What is D-Wave Quantum share price today?

D-Wave Quantum share price today is $17.11 as on at the close of the market. D-Wave Quantum share today touched a day high of $18.09 and a low of $16.55.

What is the 52 week high and 52 week low for D-Wave Quantum share?

D-Wave Quantum share touched a 52 week high of $46.75 on and a 52 week low of $12.75 on . D-Wave Quantum stock price today i.e. is closed at $17.11,which is 63.40% down from its 52 week high and 34.20% up from its 52 week low.

What is D-Wave Quantum's market capitalisation today?

D-Wave Quantum market capitalisation is $0.01T as on .

How to invest in D-Wave Quantum Stock (QBTS) from India?

  1. Step 1: Open a free US stocks account on INDmoney App and transfer your Rupees into Dollars to your INDmoney US stocks account. For a step by step instruction, check How to Transfer Money to Your US Stocks Account .
  2. Step 2: Search for D-Wave Quantum on INDmoney app. Click on Buy button. You can invest as low as $1.5 in D-Wave Quantum Shares that will get you 0.0877 shares as per D-Wave Quantum share price of $17.11 per share as on September 19, 2026 at 8:45 am IST.

What is the minimum amount required to buy D-Wave Quantum Stock (QBTS) from India?

Indian investors can start investing in D-Wave Quantum (QBTS) shares with as little as ₹95.88 or $1 (as of ) using the INDmoney app.
For example: If you want to invest $10 or ₹958.80 in D-Wave Quantum stock (as per the Rupee-Dollar exchange rate as on ). Based on D-Wave Quantum share’s latest price of $17.11 as on September 19, 2026 at 8:45 am IST, you will get 0.5845 shares of D-Wave Quantum. Learn more about fractional shares .