D-Wave Quantum Inc.(QBTS)Stock Price & Analysis
NASDAQ

QBTS Stock Price Today (October 2026) — D-Wave Quantum Inc. Analysis & Key Metrics 2026-10-08

D-Wave Quantum Inc. (QBTS) is trading at $14.60, down 4.07% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Technology growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $35.24 (141.4% upside).
  • Volatility is moderate (38.04% annualized), implying notable price swings for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: declining revenue trends (-0.60% YoY) alongside competitive pressures in the Computer Hardware space.

QBTS Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$35.24+141.4%
Volatility (30d ann.)38.04%Moderate
RSI (14-day)
27.86 (Oversold)
Debt$48.11M (0.04x D/E)

D-Wave Quantum Inc. - Historical Price & Volume

$14.60
+13.69 (+1500.88%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$5.54B

Enterprise Value: $5.04B

P/E Ratio

N/A

Forward P/E: N/A

Revenue Growth

-0.60%

Year over Year

Analyst Target

$35.24

+141.4% upside potential

Key Investor Questions About QBTS

What investors need to know before buying

Is it a good time to buy QBTS stock?

Based on current market data, QBTS presents a oversold technical setup with challenging fundamentals.

  • Technicals say: Oversold (RSI 27.86)
  • Fundamentals say: Challenging (declining revenue trends)
Can QBTS sustain revenue growth in the Computer Hardware market?

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.
What are the biggest risks facing QBTS stock?

The primary risks for QBTS investors include debt exposure and competitive dynamics in the Computer Hardware industry.

  • $48.11M in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Computer Hardware.

52-Week Trading Range

52-Week Low$12.75
52-Week High$46.75
Current Price$14.60

Over the past year, QBTS stock traded between $12.75 and $46.75 and currently trades near the low end of that range. Big swings are likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility38.04%
Beta3.84
RSI (14-day)27.86

With 38.04% annualized volatility and β=3.84, the stock exhibits high sensitivity to market moves—making QBTS suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership2.21%
Institutional Ownership53.90%
Shares Short67.98M

High institutional backing, but elevated short interest signals a potential battleground stock.

Analyst Sentiment & Price Targets

Mean Target
$35.24
Upside Potential
+141.4%
Recommendation
strong_buy
Analysts see strong upside potential with a target of $35.24. The 141.4% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

Motley FoolSep 25, 2026

Rigetti, D-Wave, or IonQ: Which Quantum Stock Has the Best Shot at Survival?

Quantum computing stocks are popular, but not all of them have what it takes.

GuruFocus.comSep 25, 2026

Quantum Computing Stocks Tumble After Stunning Rally

Quantum Stock Rally Fades Fast as IONQ, QBTS and RGTI Slide in Premarket

ZacksSep 24, 2026

Quantum Stocks Near Q3 Finish Line: How IONQ, RGTI & QBTS Are Faring

Quantum stocks face a pivotal Q3 finish as IonQ, D-Wave and Rigetti push commercialization while rates and valuation concerns weigh on shares.

24/7 Wall St.Sep 24, 2026

IonQ Rises 4% as Post-Breakthrough Buying Continues; D-Wave Quantum Gains 3%, Rigetti Adds 2%

Quantum computing stocks are climbing again as a fresh wave of technical breakthroughs reshapes what investors think these companies can actually deliver, and the gap between hype and commercial reality has never mattered more.

24/7 Wall St.Sep 24, 2026

IonQ Just Solved Quantum Computing’s Hardest Problem. The Stock Is Still Down 43% in a Year.

IonQ just pulled off a quantum computing first that the entire industry has been chasing for years, yet its stock remains deep in the red and its losses dwarf its revenue. Something does not add up, and the explanation cuts to the heart of how markets price revolutionary science against brutal financial reality.

24/7 Wall St.Sep 24, 2026

Everyone’s Talking About IonQ. Smart Money Is Watching Nvidia Instead.

IonQ just claimed a genuine quantum computing breakthrough, but its stock tells a bleaker story and its financials tell a bleaker one still. Before you chase the headline, there is a quieter position in the quantum ecosystem worth understanding.

Simply Wall St.Sep 24, 2026

What Does D Wave Quantum (QBTS) Gain From Its New Enterprise Partnership?

D-Wave Quantum (NasdaqGS:QBTS) and CGI announced a new partnership to promote quantum computing adoption across enterprise customers. The collaboration brings D-Wave’s Advantage2 system and hybrid solvers into CGI’s services for sectors including logistics, transportation and retail. Both parties aim to focus on real-world quantum applications, moving beyond research use cases toward commercial projects for corporate clients. The new CGI partnership for D-Wave’s Advantage2 and hybrid...

Motley FoolSep 23, 2026

Stock Market Today, Sept. 23: IonQ Surges on Quantum Breakthrough and Nvidia Partnership

Today, Sept. 23, 2026, the trapped-ion quantum computing provider's decoder test and research-center collaboration kept commercialization progress in focus.

Barrons.comSep 23, 2026

IonQ Wants to Be the Nvidia of Quantum. Now They Are Partners.

IonQ’s Superion 256 quantum computer will be the first system installed at Nvidia’s quantum research center, say the partners.

Barrons.comSep 23, 2026

Why Quantum World Congress Is Giving Quantum Stocks a Boost

The quantum computing sector has seen no shortage of hype this year, and now one of the industry’s largest gatherings—Quantum World Congress—is set to give stocks another push. Shares of quantum computing companies rallied in the lead-up to the conference, which bills itself as “the world’s premier event uniting the global quantum ecosystem.” The ETF was up slightly on Wednesday, the inaugural day of the event, resisting a downturn in technology stocks.

Earnings snapshot

Next report Nov 5, 2026 (before the open, usually)

EPS beat rate
25% (3/12)
Avg move after earnings
±12.1%
Options-implied move
—
Options vs history
—
QBTS earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about D-Wave Quantum Inc.

D-Wave Quantum Inc. (QBTS) is currently trading at $14.60. The RSI (14-day) is at 27.9, indicating oversold territory (potentially undervalued). Wall Street analysts have a consensus "strong_buy" recommendation. The mean analyst price target of $35.24 implies 141.4% upside from current levels. Volatility is moderate at 38.0% annualized, meaning price movements are relatively contained. 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). Price-to-Book is 5.78. Price-to-Sales is 500.18. Valuation should be compared to Computer Hardware industry peers for context, as different sectors trade at different multiples.

Based on 16 analysts covering QBTS, the consensus price target is $35.24. This represents a 141.4% upside from the current price of $14.60. The range spans from a low target of $22.00 to a high target of $43.00, 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. Moderate volatility (38.0% annualized)—price swings are notable. 2. The company is not currently profitable on a trailing basis, which creates earnings uncertainty. 3. Declining revenue (-0.6% YoY), indicating potential business headwinds. 4. Elevated short interest (20.3% of float) suggests significant bearish sentiment. 5. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 6. 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 $48.11M. The debt-to-equity ratio is 0.04x, which is conservative and indicates a strong balance sheet with low leverage. The current ratio is 20.55, indicating strong short-term liquidity. The quick ratio is 20.20. The company holds $546.21M in cash and equivalents. Free cash flow is negative at -$73.38M, which could limit the company's ability to manage debt obligations.