QBTS Stock Price Today (April 2026) — D-Wave Quantum Inc. Analysis & Key Metrics 2026-04-15
D-Wave Quantum Inc. (QBTS) is trading at $21.52, up 26.81% today (as of April 2026). The stock continues to show early recovery signs above the short-term average, attracting attention from investors looking for Technology growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $37.40 (73.8% upside).
- Volatility remains elevated (100.12% annualized), implying wide price swings for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (19.20% YoY) alongside significant competitive pressures.
QBTS Stock Analysis: Key Metrics & Valuation (April 2026)
Concise, actionable data for investors
D-Wave Quantum Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $4.46B
P/E Ratio
Forward P/E: -38.78
Revenue Growth
Year over Year
Analyst Target
+73.8% upside potential
Key Investor Questions About QBTS
What investors need to know before buying
Based on current market data, QBTS presents a overbought technical setup with caution warranted fundamentals.
- Technicals say: Overbought (RSI 74.72)
- Fundamentals say: Caution warranted (high leverage concerns)
QBTS's growth trajectory depends on its ability to expand within the Computer Hardware sector while managing margin pressures.
- Future growth will depend on performance in core Computer Hardware operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for QBTS investors include debt exposure and competitive dynamics in the Computer Hardware industry.
- $43.46M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Computer Hardware.
52-Week Trading Range
Over the past year, QBTS stock traded between $5.77 and $46.75—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility & Risk Profile
With 100.12% annualized volatility and β=1.66, the stock exhibits high sensitivity to market moves—making QBTS suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
Lower institutional support combined with high short selling points to negative sentiment.
Analyst Sentiment & Price Targets
Latest News & Headlines
Recent headlines and coverage
D-Wave CEO Warns Nvidia: Quantum Computers Are Coming For You
D-Wave Quantum Inc. CEO Alan Baratz is turning up the heat on Nvidia Corp., arguing that quantum computing is poised to challenge the GPU giant's dominance in artificial intelligence. Speaking to Yahoo Finance at the Semafor World Economy Summit, Baratz said: "If I was Nvidia, I'd be shaking in my boots," framing quantum as the next wave of compute power that could eventually undercut traditional AI accelerators. His comments come as both companies court investors eager to bet on what comes afte
Stock Market Today, April 16: D-Wave Quantum Surges After Nvidia Sparks Quantum AI Optimism
On April 16, 2026, mounting interest in quantum AI applications, a surge in trading volume, and a bold CEO challenge to GPU AI put this quantum player in the spotlight.
IonQ Rises 4%, D-Wave Surges 5%, Rigetti Gains 3%: The Quantum Rally Is Now a Three-Day Phenomenon
Quantum computing stocks are extending their remarkable run into a third consecutive session. IonQ (NYSE:IONQ) stock is up 4% today, D-Wave Quantum (NYSE:QBTS) shares are up 5%, and Rigetti Computing (NASDAQ:RGTI) stock is adding 3% in Thursday afternoon trading. What started as a sector rotation has now extended to a third consecutive session of broad-based ... IonQ Rises 4%, D-Wave Surges 5%, Rigetti Gains 3%: The Quantum Rally Is Now a Three-Day Phenomenon
QBTS Stock Alert: Why D-Wave Faces Rising Risks Ahead of Q1 Earnings
QBTS slides as rising losses, weak Q1 outlook, and bearish technical parameters overshadow strong 2025 growth and rising quantum demand.
Up Nearly 60% in 5 Days, Should You Chase the Rally in D-Wave Quantum Stock?
D-Wave stock charges higher on Nvidia’s launch of Ising AI models. Here’s why the announcement warrants buying QBTS shares in 2026.
A Look At D‑Wave Quantum (QBTS) Valuation As Nvidia’s Quantum AI Models Spark Sector Rally
Nvidia’s new open source, quantum-focused AI models have pushed quantum computing stocks into the spotlight, and D-Wave Quantum (QBTS) is squarely in that conversation given its focus on quantum optimization. See our latest analysis for D-Wave Quantum. D-Wave’s latest move higher comes after a sharp 42.83% 7 day share price return and a 22.63% gain in the last session, even though the 90 day share price return is a 27.54% decline, while the 1 year total shareholder return of 223.14% points to...
D-Wave Quantum (QBTS) Soars 22% on Nvidia Quantum Support
D-Wave Quantum Computing Inc. (NYSE:QBTS) is one of the 9 Stocks Stealing the Show. D-Wave Quantum soared for a 4th straight session on Wednesday, climbing 22.51 percent to finish at $20.79 apiece, as investors took heart from Nvidia Corp.’s development of two new products aimed at solving the challenges of the quantum computing sector. D-Wave […]
Stock Market Today, April 15: D-Wave Quantum Inc. Surges as Nvidia’s Ising Models Fuel Rally in Quantum Stocks
D-Wave surged with quantum stocks after Nvidia’s Ising models sparked fresh interest in the sector, as investors continue to question if the company can turn momentum into bookings and commercial traction.
Stock Market Today, April 15: IonQ Surges Over 20% on String of Good News
On April 15, 2026, a fresh defense agency contract and a quantum breakthrough put IonQ on investors' radars.
D-Wave CEO says quantum computing is already past its ChatGPT moment
Shares of the quantum firm have surged 200% over the last year as Wall Street begins to price in a pivot toward real-world commercial utility.
Frequently Asked Questions
Common investor questions about D-Wave Quantum Inc.
D-Wave Quantum Inc. (QBTS) is currently trading at $21.52. The RSI (14-day) is at 74.7, indicating overbought territory (potentially overheated). Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $37.40 implies 73.8% upside from current levels. Volatility is high at 100.1% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for D-Wave Quantum Inc. (QBTS): The trailing P/E ratio is not available (the company may not be profitable). The forward P/E is -38.78. Price-to-Book is 6.03. Price-to-Sales is 215.45. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.
Based on 14 analysts covering QBTS, the consensus price target is $37.40. This represents a 73.8% upside from the current price of $21.52. The range spans from a low target of $19.58 to a high target of $45.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "strong_buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
D-Wave Quantum Inc. (QBTS) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for D-Wave Quantum Inc. (QBTS) investors include: 1. High volatility (100.1% annualized)—the stock can experience significant daily price swings. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Elevated short interest (15.2% of float) suggests significant bearish sentiment. 4. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 5. Computer Hardware sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is D-Wave Quantum Inc.'s (QBTS) current debt and financial health profile: Total debt stands at $43.46M. The debt-to-equity ratio is 5.10, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 42.38, indicating strong short-term liquidity. The quick ratio is 42.05. The company holds $884.48M in cash and equivalents. Free cash flow is negative at $-57,992,124, which could limit the company's ability to manage debt obligations.