D-Wave Quantum Inc.

QBTS · NasdaqGS · Stock · Technology
$11.78
-8.08% today
Delayed price,

What D-Wave Quantum does

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 facts

Sector
Technology
Industry
Computer Hardware
Market cap
$4.47B
P/E (ttm)
—
Forward P/E
-31.2
Dividend yield
0.00%
Beta
2.17
Profit margin
0.0%
Employees
382
Headquarters
Palo Alto, CA, United States
Exchange
NasdaqGS

Performance

1 Month
-31.2%
3 Months
-27.3%
6 Months
-36.3%
1 Year
-69.3%
5 Years
+19.2%
$11.3552-week range$39.68
Biggest setback — last 12 months
-69.3%
13 Oct 2025 → 12 Oct 2026
Fell from $38.33 to $11.78 — its sharpest sustained decline this year.
Biggest run-up — last 12 months
+116.8%
23 Mar 2026 → 25 May 2026
Ran from $13.90 to $30.14 — its strongest sustained advance this year.

Price outlook — trend & volatility model

▼ Trend: Downtrend
Price is below its 20-, 50- and 200-day averages, each stacked below the next — a classic technical downtrend structure.
HorizonBear case (−1σ)Base caseBull case (+1σ)
1 Month$8.90 (-24.4%)$11.78$15.59 (+32.4%)
3 Months$7.25 (-38.5%)$11.78$19.14 (+62.5%)
6 Months$5.93 (-49.7%)$11.78$23.41 (+98.7%)
12 Months$4.46 (-62.1%)$11.78$31.11 (+164.1%)
Statistical, not machine-learning: a random-walk (no assumed drift) volatility model built from this ticker's own realized price history, plus a purely descriptive moving-average trend read. Illustrative only — not a price target and not financial advice. The bear and bull cases sit one standard deviation (1σ) below and above today's price, a range that covers about 68% of the outcomes the model treats as plausible, not a 68% chance of either case. Annualized volatility used: 97.1%, blended from this ticker's own 3-month and 1-year realized price history. Base case is deliberately flat — this quantifies a possible range, not a directional prediction. See the full model, including wider (≈95%) bands →

Comparable companies

Recent headlines

Learn the basics

Prices and company data are delayed reference figures from public sources (Yahoo Finance, SEC EDGAR) and may be inaccurate or out of date. This page is informational only — it is not investment advice or a recommendation to buy or sell any security. Past performance does not indicate future results.